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MaxVal Real Estate is a boutique full service brokerage and consulting company that works with individuals, companies and organizations to help them maximize the value of their real estate holdings – all property types located anywhere in the United States.

Our number one goal is to become your trusted real estate advisor and we do this by creating value in your property.  If you have real estate that you own, want to purchase or desire to sell, we can help.  We’ve been able to help our clients save thousands and even millions through our value saving / value maximizing methods.

Our services include: due diligence analysis, property tax appeals, acquisitions underwriting, dispositions consulting, value enhancement audits, lease analysis and asset management.

Contact us today to see if we can help you maximize the value of your real estate!

About

About MaxVal Real Estate

MaxVal Real Estate is a boutique, full service real estate firm that works with individuals, companies and organizations to maximize the value of their real estate – all major property types located anywhere in the United States.

MaxVal Real Estate was founded upon the belief that great service and representation should be the standard instead of the exception. Providing value is at the heart of everything we do and is the basis for the name “MaxVal”.

Our mission is to help YOU maximize the value of YOUR real estate and to meet YOUR real estate investment objectives!  We have a very strong track record and invite you to review a sampling of our results.

Our services include: due diligence analysis, property tax appeals, acquisitions underwriting, dispositions consulting, value enhancement audits, lease analysis and asset management.

About the Founder

The founder of MaxVal Real Estate is Joseph L. Austin, a real estate professional with a broad range of experience that includes over a billion dollars of real estate across 29 states, 200+ properties, 5MM+ square feet, hundreds of acres and all major property types.

His experience includes 3+ years in corporate acquisitions and due diligence, 5+ years in corporate asset management and dispositions and 5+ years in private brokerage and consulting.

He holds a Bachelors of Science degree in Business Management / Finance from the Marriott School of Management at Brigham Young University.  He is a CCIM Designee, a former CPM Candidate member, a licensed real estate broker in two states and a member of the Urban Land Institute (ULI) and the International Council of Shopping Centers (ICSC).

Testimonials

I have worked with Joe in various settings for nearly 10 years, and I can think of few people with the breadth and depth of commercial real estate knowledge that he possesses. Joe is very detail-oriented, yet also sees the ‘big picture,’ and is very good at getting deals done to the mutual benefit of everyone involved in the transaction. He is one of my most trusted advisors, and I would highly recommend him to anyone. — Robin Brady

 

Joe Austin is my go-to resource for real estate expertise. He is exceptionally knowledgeable, candid and responsive. I’ll continue to use Joe for my future commercial real estate needs, no question about it. — Matthew McKinlay

 

Joe is a very detailed and thorough individual. He takes pride in his work and has a high standard in the results he seeks for his clients. — Chris Fiscelli

 

I have worked with Joe Austin many times over the last few years. Joe has always been a great resource that has provided professional, accurate, and timely advice and support on our transactions. He consistently delivered on his commitments and represented our interests as if they were his own. I look forward to doing business with Joe again! — Glenn Yearsley

 

I have known and have worked with Joe Austin since 2007 both in an investment-property acquisitions due diligence capacity as well as assessing and marketing property through the brokerage community. Joe is as diligent and detailed in his assignments as anyone I’ve known in over 30 years in brokerage. Joe does not take anything for granted, but will dig in and verify the veracity of claims and get to the truth of the matter. Joe is well regarded for integrity, honesty, and being knowledgeable in his field. He is reliable and dependable. — Lon Lundberg

 

Joe Austin has been an immense resource in my analysis of many commercial real estate transactions. My experience working with him on a number of transactions and his track record of closing all types of commercial real estate provides me with the utmost confidence in his ability to tackle any problem, as there are few that he has not seen and solved. Joe’s attention to detail, knowledge base, and strong customer service provide me with exactly what I want in a consultant and broker. — Connor MacLennan

 

Joseph has terrific depth of experience in acquisitions and dispositions of real estate assets and he is a person of great character. Both his experience and his character have been forged and proven in complex transactions. Joseph is a professional you can count on. — Bryan Aydelotte

 

Joe is not one to be happy with the status quo, he always looks for ways to create value and improve on things. He is very intelligent with an analytical mindset. More than once Joe has amazed me with his stellar analysis of a situation and his unique approach to solve a problem. I’ve seen nothing but the highest standards and integrity in everything he does. — Dan Morton

 

I’ve had the pleasure of working with Mr. Austin over the past 5+ years managing his handling of asset analyses, property management issues, strategy formulations and their execution through negotiations leading to the disposition of various types of real estate projects throughout the U.S. involving millions of dollars of proceeds. During this time I have been extremely impressed with his attitude, subject matter knowledge, work ethics, attention to detail, professionalism and personal values. He is indeed a breath of fresh air for our industry. — Ron Strongwater

 

I have worked with many individuals in the real estate market. Joseph’s integrity and intelligence are great resources. In an industry where you need to be able to trust information you are given, Joseph Austin is uniquely qualified to give both honest and accurate analysis of real estate transactions. Few individuals are as qualified as Mr. Austin in terms of determining the value of a real estate asset. His years of experience has given him both a depth and a breadth of experience in commercial and residential real estate. He understands stabilized commercial assets as well as development projects. There is not a real estate transaction that Joseph could not bring value to comprehending the risks and benefits of acquisition or disposition of that asset. Besides being highly skilled as a real estate consultant, he is also a person of impeccable character. He is trustworthy and will not disappoint. Having worked with Mr. Austin professionally, as well as considering him a personal friend, I have a very high regard for him. I know that whomever he works with will be greatly benefited from his expertise and association! — Mark Paskett

 

I have had the opportunity of working with Joe Austin on several large, complex commercial real estate transactions. I’m always impressed with Joe’s knowledge of commercial real estate and the detail of his due diligence from a financial and entitlement perspective. I have also appreciated his common sense approach to property uses and marketing strategies. I would highly recommend utilizing Joe in any due diligence or marketing for commercial properties and development. — Jeff Warr

 

I’ve had the privilege of working with Joe in the past and was constantly impressed with his professionalism, knowledge and team mentality. Joe was always willing to assist and offer advice by sharing his experience and expertise in Commercial Real Estate. I highly recommend Joe as he is an honest, smart and dependable professional. – Kristine Smale

 

Joe Austin assisted us in our evaluation of our annual property tax assessment. Joe responded quickly to our last minute challenge of our assessment by gathering information and reaching out to the assessor’s office. In addition, Joe was able to provide insight into potential sale-leaseback opportunities we may consider in the future. Knowledgeable, helpful, and professional, we plan to use Joe Austin for future real estate needs. — Steve Brooke

 

Joe Austin is the person you want to have working on your team. He leaves no stone unturned. If there is money that can be saved, he can find it. Joe is knowledgeable, hardworking, and has the best integrity. He has helped me in my large purchase and I would not choose another. I have been impressed by his thoroughness and willingness to go the extra mile. Thanks, Joe, for all your help. — John Freeman

 

I’ve had the pleasure of working with Joe for several years providing due diligence on a wide range of real estate investments, including office, retail, and land. Joe is an ever consummate professional and one of the hardest working individuals I’ve had the pleasure of working with. He is constantly looking at ways to improve himself and maximize value. I would highly recommend his service. — Kristian Peterson

 

Our experience with Mr. Austin has been nothing short of exceptional. He assisted us in purchasing an investment property. His depth of knowledge and expertise in regards to all aspects of the world of real estate is truly unmatched. — Jarom Wagoner

Client Results

While past performance is no guaranty for future success, it is a strong indicator and we have historically been able to provide several million dollars in value creation and/or savings. Here are a few such examples:

While providing asset management and disposition services, stalled imminent foreclosure of a grocery anchored retail center which at the present time had no equity but did have sufficient cash flow. Oversaw the lease-up, negotiated a loan modification, extended the loan term, decreased default interest, penalties and fees by $950,000 and managed the sale of the property two years later for a net proceeds and increase to the seller of over $4,100,000.
Savings: $4,100,000

Provided due diligence consulting for the buyer of a power retail center and discovered the following issues which were unknown when the buyer went under contract:
– First generation tenants were paying above market rents
– Early termination options for three tenants
– Co-tenancy clauses for seven tenants
– Several tenants didn’t reimburse NNN as had been advertised
– Some tenants had tenant improvement allowances built into their rental rate
– Two tenants were preparing to vacate
– An upcoming dramatic increase in property taxes
As a result of the due diligence findings, the buyer was able to negotiate a price reduction of nearly $1,500,000 plus several additional guarantees that gave the buyer thousands more in savings.
Savings: $1,500,000

The owner of a mixed-use development project was paying over $240,000/yr in property taxes. Through a series of property tax appeals, successfully negotiated a reduction in taxes to $55,000/year and obtained over $470,000 in property tax refunds for the owner.
Savings: one-time refund of $470,000 and annual savings of $185,000

Provided a value enhancement audit for a single tenant commercial property and discovered a shortage in collected funds by the owner. Once corrected, the owner received over $70,000 in additional rent.
Savings: $70,000

Brokered the sale of development land for $1,000,000 more than the value of the property one year previously and exceeded client expectations by over $200,000 in the sale price.
Savings: $200,000

Negotiated between city and school district on behalf of the property owner of a development project to reinstate the plat, receive impact fee credits amounting to $650,000 and negotiated the release of the owner from a $150,000 offsite improvement obligation.
Savings: $800,000

Provided due diligence analysis for an office building and discovered that at lease signing one of the tenants prepaid the last month of their lease. While reviewing the closing statement, recognized the prepaid rent wasn’t included in the funds to be transferred to the buyer and there was no post-closing reconciliation provision in the purchase agreement. After pointing this out, the buyer was able to collect the missing funds.
Savings: $3,600

Appealed the property tax values on behalf of the owner of an industrial property which lowered the assessed value from $3,000,000 to $2,300,000 (the lowest it had ever been) providing the owner a savings of $12,000/yr in property taxes.
Savings: $12,000/yr

Persuaded the property owner to reject the sale of 97 finished residential lots for an amount that at the current time, was an attractive offer. Resolved a material issue to the sewer line, monitored supply and demand and facilitated the sale of the lots a few months later (double digit offers received) resulting in a sale price that exceeded the amount the owner was previously considering by more than 300%.
Savings: $1,750,000

Provided due diligence consulting to the buyer of a Single Tenant Net Lease seller leaseback transaction. They were already under contract and had their own broker representation. Informed the buyer they were overpaying by $900,000 and while they were paying a market cap rate, the guarantor was weak and the lease rate was substantially higher than the market rental rate. A few days later the client reached out again to say their own broker had provided them an analysis showing that even though they were paying above market for the property they could still meet their required return. After reviewing the broker provided analysis, it was discovered it had been manipulated and was showing certain values being taken into consideration, but they were not. Once corrected, the analysis showed a drastically different picture for the buyer.
Savings: $900,000

Helped the owner of a 45 acre residentially zoned property qualify for an agricultural exemption. This reduced the owner’s annual property taxes by $6,800/year.
Savings: $6,800/year

Provided asset management and disposition services for a development project with a complicated closing because of several years of delinquent property taxes and rollback taxes due to expiring tax exemptions. The escrow company received tax certifications showing total property tax amounts being $148,000 higher than the internal calculation provided to seller. Once corrected, the seller’s property tax liability decreased by $148,000.
Savings: $148,000

Provided disposition consulting on a bare land property and implemented a new marketing strategy that resulted in the broker selling the property for 25% more per acre than any previous comparable sale.
Savings: $300,000

Appealed the subsequent value of a newly developed commercial property and reduced the assessed value by over $1,400,000 and the annual property taxes by over $18,000.
Savings: $18,000/year

Produced an alternatives analysis for the seller of 232 finished residential lots which showed the monetary benefit of a staged takedown approach resulting in a capital accumulation increase from $3,622,767 to $4,254,812 or a savings of over $632,000.
Savings: $632,000

Using a buyer prepared criteria list, provided acquisition services that resulted in a retail center which met all required parameters (property type, location, rate of return, etc.) except the strength of the anchor tenant. Negotiated a $500,000 escrow guaranty from the seller to reinforce the anchor tenant.
Savings: $500,000 escrow guaranty

Provided disposition consulting on behalf of the owner of a 125K sq ft manufacturing facility and exceeded client expectations by over $1,000,000.
Savings: $1,000,000

Negotiated with the HOA on behalf of a property owner who held title to 100+ residential lots and 57 adjacent acres. Received approval to remove the adjacent acreage from HOA dues.
Savings: $68,000/year

While providing asset management services, negotiated a $140,000 small scale selective timber harvesting contract (i.e. did not want it to negatively impact the sale value) and used the funds to help offset the carry costs of the property.
Savings: $140,000

Provided asset management and disposition services for a partially completed subdivision in a remote location along a major river. The rural nature of the property and the partially completed residential lots along with the economic recession made selling this property particularly difficult. There was zero interest in the property as a residential investment. The property had previously been used for farming, but the irrigation system had been removed when construction began thus making the property obsolete for both agricultural and residential. Solved the dilemma by renting irrigation equipment that tied into the improvement structure of the subdivision and sold the property as farm land with residential upside due to the existing infrastructure and entitlements. The result was a sale price that was significantly higher than typical farm ground and certainly much higher than any previous interest.
Savings: $285,000

Negotiated the renewal of a single tenant NNN lease at a rate that was more than $10/sf higher than the most recent comparable lease rates. Managed the disposition which resulted in a sale price that exceeded the listing broker projections by nearly 50%.
Savings: $475,000

As part of a lease analysis, discovered landlord was paying certain charges that should have been the responsibility of the tenant. The owner collected on the mistake resulting in an additional $7,300.
Savings: $7,300

Negotiated a new lease on behalf of landlord which resulted in a 240% increase over the previous year.
Savings: $13,650/year

Provided due diligence services for a large tract of land. Discovered several issues during the due diligence analysis that drastically lowered the buyers projected rate of return. Helped buyer use this information to negotiate a new price which was $3,500,000 lower than the previous price.
Savings: $3,500,000

Appealed property tax values for 15+ car dealerships resulting in improved cash flows of more than $100,000.
Savings: $100,000 plus ongoing $40,000/year

 

Contact MaxVal Real Estate to see if we can help you achieve similar savings for your real estate!

Projects Gallery

Mixed use (retail, office, condo, parking garage) urban property, Illinois, due diligence 170-unit multifamily property, Oklahoma, due diligence 93-acre residential and commercial development project, Idaho, asset management & disposition 25-story downtown high rise class A office building, Minnesota, due diligence 15+ high end auto dealerships, Washington, property tax appeals 230 finished residential lots in master-planned community, Arizona, asset management & disposition 100,000 sq ft industrial / flex property, Colorado, due diligence 150,000 sq ft grocery anchored retail center, Missouri, asset management & disposition 460 acre agricultural and development property, Washington, disposition 45,000 sq ft office building, Minnesota, due diligence Mixed-use urban lifestyle center (retail, office, condo, light rail access), Illinois, due diligence 110,000 sq ft industrial / flex property, Colorado, due diligence 26,000 sq ft Target and Home Depot shadow anchored retail center, Missouri, asset management & disposition 98,000 sq ft corporate office building, Idaho, property tax appeal 40 acre Walmart shadow anchored development property, Iowa, asset management & disposition Single tenant NNN lease retail property, Texas, due diligence 430+ self storage units, Idaho, property tax appeal 54,000 sq ft multi tenant retail center, Texas, acquisition 22-acre agricultural property, Idaho, acquisition, asset management & disposition 32,000 sq ft mixed-use (retail, condo) property, Iowa, due diligence 13-acre interstate frontage, commercial development property, Utah, asset management & disposition 235,000 sq ft office campus, Georgia, due diligence 103,000 sq ft industrial / flex property, Ohio, due diligence 33,000 sq ft educational facility, Idaho, property tax appeal 565 acre ranch and residential development land, Texas, asset management & disposition 127,000 sq ft manufacturing facility, Oregon, disposition 183,000 sq ft power retail center (anchored by Lowe's and Kohl's), North Dakota, due diligence 18-acre Walmart shadow anchored commercial development land, Texas, asset management & disposition 93,000 sq ft office building, Texas, due diligence 194 finished residential lots, Florida, asset management & disposition 21,000 sq ft industrial property, Washington, due diligence 23 acre mixed-use (multi family, retail & office) commercial development land, Idaho, asset management & disposition 23,000 sq ft multi tenant Walmart shadow anchored retail center, North Carolina, due diligence 860 acre residential and commercial development land, Georgia, asset management & disposition 40,000 sq ft multi tenant retail center, Texas, acquisition 92-acre partially completed residential development land, Idaho, asset management & disposition 24,000 sq ft industrial property, Washington, due diligence 142 finished residential lots, Arizona, asset management & disposition 26,000 sq ft multi tenant Costco shadow anchored retail center, Tennessee, due diligence

Contact

MaxVal Real Estate Contact Information

We’d love to hear from you. Feel free to call, email or fill out the below contact form.

P: (208) 890-9955
E: jaustin@maxvalrealestate.com