Eastdil Secured
Hospitality, office, and mixed-use transactions for institutional sponsors and lenders.
Property & transactions
Independent valuation & appraisal
Valuation
built for
scrutiny.
Business, real estate, and securities valuation for M&A transactions, estate and gift tax planning, financial reporting, and litigation.
Manhattan Beach, California Real property + enterprise value
The LHM approach
One principal sees
the full picture.
Complex assignments rarely stop at the property line or the balance sheet. LHM brings real estate appraisal and business valuation together, with direct principal involvement from the first conversation through delivery.
01 / Services
Start with
the decision
in front of you.
The purpose of the valuation shapes the work. Explore the services that fit your matter.
Talk through your situation 01 Real estate &
operating businesses
When property and operations contribute to the same value, each needs its own analysis and the two have to reconcile in one report. Hotels, senior living, healthcare, licensed cannabis facilities, and specialized industrial properties are the usual cases.
02 M&A transactions &
financial reporting
LHM values businesses and assets for acquisitions and for the reporting that follows: pre-transaction valuation, ASC 805 purchase price allocation, intangible assets and contingent consideration, post-close impairment analysis, and ASC 820 portfolio valuations built for audit review.
03 Estate & gift planning
LHM prepares business, property, and ownership-interest valuations for large estate planning portfolios, property-rich operating companies, holding companies, and fractional interests, with discount analysis that holds up to IRS review.
04 Equity & complex securities
LHM values common stock and complex securities when preferred rights, convertibles, SAFEs, secondaries, or contingent outcomes require a closer look at the capital structure, using OPM, PWERM, Monte Carlo, and lattice models where they apply.
05 Litigation & disputes
LHM provides expert witness damages analyses, testimony, and consulting expert work in valuation disputes, with attention to the interest being valued, the valuation date, and the evidence behind the conclusion.
02 / Experience
Experience across
the entire assignment.
Brian's background spans institutional property transactions, corporate finance, and complex valuation. That perspective informs every LHM engagement.
AECOM
Chief of Staff to the Chief Executive Officer, with exposure to corporate finance and capital-structure decisions.
Business & capital
Valuation advisory
More than a decade leading complex securities and real estate valuation engagements: purchase price allocations, 409A and portfolio valuations, M&A transaction work, and expert witness damages analyses.
Analysis & review
Selected areas of Brian Allen's professional experience, including work before founding LHM.
Brian Allen Principal & founder
03 / About
Work directly
with Brian.
The principal who scopes your engagement stays close to the work.
Brian Allen founded LHM around the assignments that draw on more than one discipline. He brings 15 years across institutional commercial real estate, corporate finance, and business and securities valuation.
CaliforniaCertified General Real Estate Appraiser
American Society of AppraisersCandidate, Business Valuation
04 / Insights
A closer look
at what drives value.
Practical guides and technical analysis for business owners, attorneys, CPAs, and finance teams.
Explore all insights 409A & Complex Securities
When the last round isn’t valuation truth.
In 18 months, OpenAI was “valued” at $157 billion, $300 billion, $500 billion, and $852 billion, through a primary, a structured round, an employee tender, and a recapitalization. Backsolve still works, but the era when it could work casually is over.
Insight Equity Compensation & ASC 718The volatility haircut.
A small change in volatility moves indicated value materially. That is why the line between “judgment” and “value management” gets watched so closely, and why the most expensive mistake is the one that was never explained.
Insight Estate & Gift ValuationThe threshold moved. The valuation problem didn’t.
OBBBA raised the federal estate-tax exemption to $15 million per person. It didn’t repeal the rules that decide whether a discount survives review. Two recent cases, one from the Supreme Court and one from the Tax Court, show why the work matters more, not less.
InsightLet's talk
Start with
your situation.
A brief conversation can clarify the scope, timing, and right approach. There is no charge for an initial discussion.
Based in Manhattan Beach
1230 Rosecrans Avenue, Suite 300
Manhattan Beach, CA 90266
Please share a general description of the matter and your timeline. Communications through this site are not privileged, so hold confidential documents until an engagement letter is in place.