It’s Official – We’ve Merged! Effective January 1, 2022

Loading Events

« All Events

  • This event has passed.

Seminar: Extreme Appraising – Valuing CRE in a Down Market

November 15, 2021 @ 8:30 am - 4:30 pm

Instructor and Developer: Gary DeWeese, MAI

“Gary’s analysis comes from the real world.  His examples are grounded in reality.”
– August 2020 Attendee

” . . . depth of analysis is a breath of fresh air to the usual mundane CE choices available.”
– May 2021 Attendee

 

Given the possibility of declines in the value of CRE as a result of COVID-19, this 7-hour seminar will address critical issues, often misunderstood even by experienced commercial appraisers, in valuing property in a declining market.  It is based on a hypothetical case study property, a multi-tenant office building. The primary focus of the case study is to value the property “as is” and “when stabilized”, using all three valuation approaches.

Gary Photo cropped 2015 web
DeWeese
  • Overview of the Case Study
  • Purpose and Summary of the Market Analysis
  • Addressing Above-Market Lease with a Property Rights Adjustment
  • Valuing the Property “As Is” Taking Into Account the Rent Up Adjustment and External Obsolescence
  • Measuring Effective Rent for a Lease with Concessions
  • Valuing the Property “When Stabilized” Taking into Account “External Obsolescence”
  • Reconciliation and Wrap-up

 

A Special Note About Registering:

  • Never attended an Appraisal Institute Offering or not yet updated your password / log-in since October 1, 2019 – follow these simple steps before registering.
  • Those seeking credit from states outside of California are strongly encouraged to check directly with their state licensing board(s) to confirm that the specific state(s) will (1) accept virtual / classroom education, (2) accepts education from an out-of-state provider and/or (3) offers reciprocal credit since the offering is approved by the CA BREA.
  • This virtual program is approved for 7-hours of Appraisal Institute, BREA and State Board of Equalization (SBE) CEC.
  • Instruction will be held via Interactive Technology (ZOOM) and is based on the “live” classroom version that falls under the temporary exemption for virtual / classroom education due to COVID / SIP restrictions.
  • It is the student’s responsibility to have the required equipment – dependable Internet access, computer, webcam and microphone, agrees that attendance will be monitored and to to forward their Photo ID/ Driver’s License to the Chapter Office upon completing your online registration.
Appraisal Institute Designated Members, Candidates and Affiliates – $245
Standard / Non-AI Professionals – $275