Testimony: Real estate valuation and damage from development delay
Evaluated Plaintiffs’ claims of damages. Plaintiff alleged that city imposed delays diminished the market value of real estate, increased Plaintiff’s carrying costs, and imposed costly exactions on Plaintiff. Evaluated “rough proportionality” related to inverse condemnation. David Hill Development, LLC, v. City of Forest Grove, Steve A. Wood, and Robert A. Foster, United States District Court […]
Testimony: Real estate valuation and damage from delay
Evaluated Plaintiffs’ claims of damages. Plaintiffs alleged that county planning commission decision deprived Plaintiffs of all economically viable uses for their property for approximately four years. Dr. Fruits performed a statistical analysis of the reasonable rate of return on the value of real estate during that period of time through the date of trial. The […]
Testimony: Valuation of medical practice
Evaluated Plaintiffs’ claims of foregone income. Plaintiffs alleged that Defendants violated their fiduciary duty by seeking seeking exclusive referrals from a cardiology group to the detriment of the corporation. Dr. Fruits performed a statistical analysis of the relationship between referrals and Plaintiffs’ revenues. He also analyzed impacts of changes in compensation formula on principals’ income. […]