Machinery & Equipment Appraisals · Nationwide
The defensible number. Done right.
Lukes & Lukes delivers independent, USPAP-compliant machinery and equipment appraisals across healthcare and medical, automotive, and general industry. Reports built to hold up in front of a lender, an auditor, the IRS or a court.
Experience across the institutions that own the assets and finance the deals
Ameriprise
Our principals have consulted and performed analysis for organizations across healthcare, automotive and finance.
What we appraise
Deep expertise in the equipment that is hardest to value.
Hospital imaging and surgical suites, dealership service and collision bays, the machinery on a production floor. These are the assets where a generalist's number falls apart. We know what they sell for, and we apply the same rigor to everything alongside them.
Why Lukes & Lukes
A number you can defend.
A certified appraiser inspects and reasons through every assignment, and a senior appraiser reviews it before it leaves. You receive an opinion of value you can put in front of a credit committee, an auditor, the IRS or a court, supported line by line.
- Cost, market and income approaches applied by a certified appraiser
- Independent senior review on every report
- Itemized appendix, narrative and photographs in every report
- Built for lenders, the IRS, auditors and the courts
An asset is worth a number. That number is either defensible, or it isn't. There is no almost.
Lukes & Lukes · the family standard
Why you need an appraisal
Seven reasons people order an appraisal.
A loan, a sale, an audit, a dispute, an estate. Each purpose calls for a different premise of value: Fair Market Value (FMV), Orderly Liquidation Value (OLV), Forced Liquidation Value (FLV) or Replacement Cost New. We match the premise to the purpose, document why, and stand behind it.
How it works
A tight, modern process. On the floor when it counts.
Tell us the assets
Start a request with your asset list and photos. We scope desktop versus on-site quickly.
We inspect & analyze
Cost, market and income approaches applied by a certified appraiser, not a database.
Senior review
Every report is reviewed before it leaves. Assumptions, data and methodology confirmed.
Defensible report
A narrative, an itemized appendix and photographs. Everything a reviewer needs to verify the number.
The partners
Two appraisers. One signature standard.
Lukes & Lukes is led by Jared Lukes, CEO and lead appraiser, and Jesse Lukes, report writer and audit specialist. Jesse came up inside the bank, originating loans and reviewing collateral at BMO, so every report reads the way a lender needs it to. They bring a clockmaker's standard to the work.
Common questions
Answers, up front.
What is a machinery & equipment (M&E) appraisal?
An M&E appraisal is an independent, USPAP-compliant opinion of the value of machinery, equipment and rolling stock, used for lending, sale, audit, litigation, tax and insurance. Lukes & Lukes issues reports granular enough to defend and clear enough to act on.
What's the difference between FMV, OLV and FLV?
Fair Market Value (FMV) assumes a willing buyer and seller under no pressure. Orderly Liquidation Value (OLV) assumes a sale over a reasonable period. Forced Liquidation Value (FLV) assumes a fast, compelled auction. We determine and defend the premise that fits the situation.
Which industries do you specialize in?
Three: healthcare, medical and dental equipment; automotive; and general machinery and equipment. Every narrower category, from imaging suites to fabrication shops to food plants, sits under one of those three and is valued by an appraiser who knows the equipment.
Are your appraisals accepted by banks, the IRS and the courts?
Yes. Reports are prepared in compliance with USPAP by a NEBB-certified Machinery & Equipment Appraiser (CMEA) and built to hold up to lender, SBA, IRS, audit and legal review.
Ready when you are
Get a defensible number.
Start your request online. Upload photos for a desktop appraisal, or tell us how many sites your assets sit on and we will scope an on-site visit.