SignValue, Inc. is a full service valuation and advisory services firm that specializes in outdoor advertising assets known as billboards. The firm was started in January 2001 by Principals Paul and Jeff Wright to provide appraisal and consulting services to outdoor advertising companies, landowners, government agencies, financial institutions and attorneys who needed their specialized expertise. SignValue has appraised outdoor advertising assets for various banks, buyers, sellers, state agencies, major commercial and industrial landowners and outdoor advertising owners nationwide.
We are also members of the following organizations:
- International Right of Way Association
- Outdoor Advertising Association of America
- The Traffic Audit Bureau for Media Measurement
- American Society of Appraisers
|
 |
| Company History |
| 1986 - 1988 |
Jeff Wright ASA, CFA, with Brown-Wright and Associates, is hired by Gannett Outdoor Advertising to appraise billboards in condemnation cases.
|
| 1989 |
Jeff Wright is hired by the Arizona Department of Transportation to appraise billboards in condemnation cases.
|
| 1996 |
Paul Wright starts to appraise billboards with Jeff following graduation from Arizona State University, while working for Bank of America as a loan officer.
|
| 2001 |
Paul Wright (Certified General Appraiser) leaves CB Richard Ellis and starts SignValue, Inc. with Jeff Wright.
|
| 2001 |
Paul and Jeff Wright author the most detailed authoritative book on outdoor advertising appraisal ever written. The book entitled, "Billboard Appraisal: The Valuation of Off-Premise Advertising Signs," is published by the American Society of Appraisers in September 2001. The Wrights have condemnation assignments in Arizona and Washington and ground lease analysis assignments in California. Clients include various billboard companies, government agencies and major commercial and industrial landowners.
|
| 2002 |
Jeff and Paul Wright give speeches to the American Society of Appraisers and the International Right of Way Association about billboard appraisal. Assignments include condemnation appraisals in Nevada, Arizona and Idaho, depositions in Washington and Arizona for previous condemnations, estimating advertising revenue potential at newly constructed sites for a small sign company for litigation with a larger sign company, and billboard site lease analyses for one of the largest corporations in the world.
|
| 2003 |
Jeff and Paul Wright give speeches to the American Society of Appraisers and the American Law Institute - American Bar Association (ALI-ABA). SignValue’s assignments include appraisals for condemnation, depositions for Nevada case, various appraisals, appraisal reviews in Colorado and South Carolina, various site lease analyses nationwide and the appraisal of a billboard company in Oklahoma for lending purposes to facilitate the buyout of a partner. SignValue starts providing consulting services to silent investors interested in the outdoor advertising industry.
|
| 2004 |
SignValue appraises billboards in 13 different states and provides various services to clients nationwide including the appraisal of two billboard companies in California and Arizona with over 1,000 displays and one high profile billboard in downtown Atlanta, Georgia. The Wrights speak at a CLE (Continuing Legal Education) conference in Arizona for attorneys earning continuing education credit in April, and speak to AASHTO (American Association of State Highway and Transportation Officials) in May.
|
| 2005 |
SignValue appraises three billboard companies with over 1,500 displays in 13 states on the east and west coast for bank financing and credit facilities. Assignments also include the appraisal of 10 billboards in two western states for condemnation, 6 billboard easement interests in California for financing and 23 site lease analyses in five different states for 14 different landowners including one of the largest corporations in the world. SignValue also provides consulting services to private investors and small companies interested in acquiring billboards in the southeast and west coast. Jeff and Paul give speeches at a CLE (Continuing Legal Education) conference in Arizona and Appraisal Institute meetings in Southern California and Arizona.
|
| 2006 |
SignValue appraises signs for Sign Owners and Government Agencies in Arizona, Oregon, Texas, and Washington for condemnation and other litigation cases. One assignment involves market studies for a new alternative media. SignValue analyzes dozens of billboard leases and provides consulting services for private and major corporate landowners in five different states. SignValue also provides appraisal review and consulting to a government agency in South Dakota.
|
| 2007 |
SignValue continues to provide appraisal and consulting services to Sign Owners, Landowners and Government Agencies throughout the United States. Assignments include appraisals and consulting in Arizona, California, Georgia, Illinois, New Mexico, Nevada, Oregon, Pennsylvania, Texas, Utah, Washington, Idaho, Wyoming and Montana. The company appraised individual signs and entire plants (sign company billboard inventory) for financing, refinancing, condemnation, litigation and alternative media. SignValue analyzes site leases in five different states for private and corporate landowners and negotiates leases on behalf of private landowners. At the end of the year the SignValue website was totally overhauled and a billboard listing service was added.
|
| Summary |
Jeff and Paul Wright started SignValue, Inc. in January 2001. SignValue has appraised thousands of billboards all over North America including companies that own thousands of displays and landowners that have just one sign on their property. Jeff Wright is a Chartered Financial Analyst and has a business valuation background as a securities analyst and Paul Wright is a Certified General Real Estate Appraiser and has a commercial real estate appraisal background (formerly with CB Richard Ellis). Both principals are designated Accredited Senior Appraisers (ASA) with the American Society of Appraisers.
|
|
|
|
