Ritz Carlton Hotel 2005

Maison Blanche Hotel Complex • New Orleans, LA

Historic Preservation and Conservation Easement Valuation

Clarion Associates provided valuation services pertaining to the Maison Blanche Hotel Complex in New Orleans, Louisiana. The complex is currently being operated as a Ritz-Carlton Hotel and an affiliated all-suites hotel. The purpose of this appraisal was to provide our opinion of the fair market value “before and after” the recording of a preservation and conservation easement.

Scope of Services Provided

  • reviewed and analyzed information about the history of the building, including the nomination form supporting its listing in the National Register of Historic Places;
  • Reviewed, collected and analyzed information on sales of properties encumbered by preservation and conservation easements, and investigated the market to determine if there have been any relevant sales of easement encumbered income producing properties;
  • Undertook the Sales Comparison Approach, Cost Approach, and Income Approach to value “before” considering the recorded easement, and analyzed and determined the applicability of the same three approaches “after” considering the recorded preservation easement deed.

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