Equipment & Property appraisals and assessments

Diamond Rail Group’s appraisal and valuation services cover new, used, and rebuilt/restored railcars and locomotives and are performed by our team of highly experienced mechanical personnel. Our inspectors and appraisers have a combined 200+ years of experience with a highly varied portfolio of equipment and mechanical services, as well as railroad operations and FRA compliance. Our clients have included class one railroads, regionals, shortlines, tourist railroads, railroad museums, equipment leasing companies, and private railcar owner/operators.

Property assessments, improvement valuations, and various cost to cure assessments can be performed by our team as well. We can provide infrastructure and right-of-way valuations, as well as improvement plans. Appraisals can be also be reviewed by an independent third party for further assurance of accuracy.

Working with our team of colleagues we are also able to provide Net Liquidation Values for many scenarios. A Net Liquidation Value is a tool used to determine the overall collateral value of all assets constructed on a railroad right-of-way. Assets in any condition can be calculated into the overall value to determine viability of operations, loan amounts, and other various needs.

Historic rail equipment expertise

DRG is known in the industry for its expertise with ANY aspect of historic railway equipment. From sales and acquisitions to restoration and operations, we have the technical expertise and vendor network to assist you with historic rail equipment. We can manage all aspects of a repair or restoration project, from scope and design to parts and labor sourcing. We maintain an inventory of new and used parts for historic equipment as well as an extensive vendor network for sourcing items. If we don’t have it, we can help you find it!

Railcar HVAC

Several years ago, we were asked to assist with an air conditioning condenser unit on a vintage railcar. It became apparent at that time that the mainstream HVAC companies that do great jobs with residential and commercial building HVAC did not possess the expertise and ability to support the industrial grade systems installed on railcars. We determined to become as knowledgeable as possible on railcar systems, their designs, control systems, and components and have since supported numerous customers with troubleshooting HVAC problems, supplying new equipment, and replacement parts for legacy systems such as those installed on Amtrak Heritage Fleet equipment. If you need help with railcar HVAC, please don’t hesitate to to contact us.