Bitcoin, Blockchain, and Banks

by Cody J. Lindman Like Dutch Tulip Mania during the 17th century, the price of a single Bitcoin increased astronomically during 2017, starting the year at $998 per Bitcoin before eventually peaking at $19,666.  However, in 2018, Bitcoin’s luck ran out, with the price of a single Bitcoin declining to $3,747 as of January 1, 2019, […]

Waving, not Drowning

by Brock L. Boatman Physical retail is not dead, and it is not dying.  Online retailing is not so much a killer of the mall as we know it, but more like a personal trainer:  it’s pushing existing product to adapt, and the owners and locations that are willing to do the work will emerge stronger […]

A Window of Opportunity

by Madeline M. Strachota and Johnny Meeker A provision in the 2017 Tax Cuts and Jobs Act established preferential tax treatment for investments in distressed, lower-income areas around the country, known as Qualified Opportunity Zones (QOZ).  The Opportunity Zone program was designed to attract investment that would spur economic development and job creation in areas that […]

Economic Benefits Provided by Municipal Liquor Stores

By: Joshua R. Johnson Economic Benefits Provided by Municipal Liquor Stores The 21st Amendment to the U.S. Constitution was ratified on December 5, 1933, effectively repealing the 18th Amendment, and ending nationwide prohibition on the sale of alcoholic beverages.  This transferred liquor control from federal oversight to state oversight.  Many states immediately sought to privatize […]

Highest and Best Use

By: Mark T. Jude Highest and best use is a phrase used in many real estate reports.  It may be glossed over or the analysis quickly performed by the appraiser with little to no thought.  In many reports, this leads to the appraiser assuming the highest and best use of a property is the current […]