Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / letter-ashford-appraisal-engagement.docx
letter-ashford-appraisal-engagement.docx
Parties
HARKNESS LLP
Partner Ashford Valuation Group LLC
Stonecrest Realty Holdings LLC
Ridgeline Capital Fund IV LP
Ridgeline Capital Fund VI LP
Ashford Valuation Group LLC
Caldwell Ridgeline Capital LLC
Strathmore Corp
Dates
April 20, 2023
May 1, 2023
June 1, 2023
April 15, 2023
May 31, 2023
June 15, 2023
August 1, 2023
September 29, 2023
Amounts
$300,000,000
$112,000,000
$134,000,000
$38,000,000
$9,000,000
$7,000,000
$12,000,000
$14,000,000
$5,000
$28,000,000 15
Obligations
Valuation Standard All appraisals performed under this engagement must determine the fair market value of each asset as of the applicable valuation date specified below
Ashford's appraisals must adhere to this standard without deviation
In addition, each appraisal report prepared under this engagement must comply with the requirements for a "qualified appraisal" under IRC § 170(f)(11)(E) and Treasury Regulation § 1
The reports must be suitable in form and substance for such submission and potential examination
This is the anticipated date of GRAT B funding, and all conclusions of value for the Stonecrest membership interest must be rendered as of this date
For any individual item with a claimed value exceeding $5,000, the appraisal must satisfy the heightened requirements of IRC § 170(f)(11)(C) and (D) and Treasury Regulation § 1