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Northern California Chapter of Appraisal Institute - President's Message

10/14/2016

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A special message from 
          the Northern California
                 Chapter President 
 
 MAKING IT COUNT 
 
Count Down to the Fall Conference
One Conference to Rule Them All.  I'm proud and excited to report that the Northern California Chapter of the Appraisal Institute is hosting its 66th Annual Fall Conference in 6 days, October 19th in San Francisco. Since its inception in 1950, our Fall Conference has grown to become the premier educational and networking event for real estate appraisers in Northern California. This conference provides a forum for over 250 real estate economic practitioners to share our common professional interests, network, attain required continuing education, and receive information from experts with specialized experience. This year, 12 individual sessions cover a broad range of topics to assist in our ability to expand services, comply with applicable standards and client expectations, and keep up with changing market trends.

Appreciation is extended to Fall Conference Chair Stan Tish, MAI, and nearly 20 volunteer members on the Fall Conference committee, who continue to support the mission and spirit of the Chapter's efforts to serve the profession and continue the legacy of the grandfather of all conferences on the West Coast. Please follow this link to view the great conference content.  If you are not able to attend, I encourage you to consider showing your support by participating as a conference sponsor.  It's a "win-win" for everyone.

We Have a Mission
The Chapter's mission statement has been finalized to read as follows:

"To serve and advance the property economics profession, our Designated Members, Candidates for Designation, and Affiliates through guidance, education, professional development, and support in achieving designations." 

Volunteers of Distinction 
Outstanding Chapter Service Awards are presented to members who have contributed in multiple roles in our Chapter. Several members have contributed greatly this year, but Carole Laval, SRA, Denis DeSaix, MAI, SRA, and Stan Tish, MAI, have contributed beyond the call of duty. Join me in congratulating them for their outstanding chapter service.

The Gold Standard Achievement
Congratulations to all those receiving new designations. Chapter candidates continue achieving their goals of designation at a record pace. In the first 9 months of the year, chapter candidates have been awarded 24 MAI, 4 SRA, and 3 AI-GRS designations.

Serving the Residential Appraisal Community
By all accounts, our Residential Symposium on August 5, 2016 was a resounding success. Registrants included both AI and non-AI residential appraisers. Reviews were extremely positive and the consensus was that this annual event is well positioned to become a solid educational option for the residential appraisal community. Special thanks to Seminar Chairs Denis DeSaix, MAI, SRA, and Paul Chandler, MAI, for making it happen for the second year in a row.

Chapter Workshop & Professional Development 
On September 15, 2016, we hosted a special Chapter Workshop at the Lafayette Library. Many thanks to Richard Betts, MAI, SRA, ASA, for sharing personal experiences on one of my favorite topics, "Finding Evidence to Estimate a Loss in Value."   Our Conservation Easement course was also a great success. We had attendees from across the nation, including Indiana, Nebraska, Michigan, Georgia, North Carolina, New Jersey, and Puerto Rico. Participants were appreciative of the opportunity to attend this limited offered course, and hope to return to the area for more Northern California classes. 

Branch Activity 
Our Chapter includes a large geographic region consisting of seven individual branch chapters serving over 500 appraisers within our membership. Branch chapter news includes a great turnout and program in the North Bay on September 1. Thanks to Megan Edwards and Sean Lim - as over 40 attendees benefited from timely regional content and a great rooftop social at the new and stunning American AgCredit building near Sonoma County airport. Bruce Mendenhall, SRA, has been doing a great job searching for new ways to keep the small Monterey Bay Branch Chapter active by hosting a two-hour CE workshop presented by Denis DeSaix, MAI, SRA. The Central California Branch Chapter, led by Greg Addington, MAI, is scheduled to host a comprehensive 6-hour continuing education seminar on Ecological Assets, Compensatory Mitigation Properties and Conservation Easements on November 3 in Fresno. Other Branches have held socials, and several are planning something during the holidays. Look for opportunities to share holiday cheer with local AI colleagues.      

Looking Ahead 
The chapter is focused on providing useful chapter-developed programs not currently being offered at other forums. This year we are pleased to introduce a new format for the Commercial Symposium with a focus on Appraising Unique and Special Purpose Properties. The Commercial Symposium will be held at Oakland's Preservation Park, on December 9th. Special thanks to Terry Larson, MAI, and the committee for assembling five great sessions. Special use properties to be presented this year include: Public land and open space land appraisal, appraising gas stations, airport property appraisal, and data center appraisal and allocation of value. Additional programs being offered by the Chapter include two Qualifying Education courses (Basic Appraisal Principles and Basic Appraisal Procedures), three seminars (Residential Applications Part 2: Using Microsoft Excel, 4-Hour Federal & California Statutory and Regulatory Laws, and FHA Single Family Housing Requirements).      

Chapter Representation 
Our Chapter continues to be well represented on a regional and national basis. In late July, chapter members attended the Regional Meeting and Annual Appraisal Institute Conference in Charlotte, North Carolina. Those attending the Regional Meeting and/or the Annual Appraisal Institute Conference included: Paul Chandler, MAI, Denis DeSaix, MAI, SRA, Melissa Downing, MAI, Jeff Enright, MAI, SRA, AI-GRS, Michael Lockard, MAI, Craig Owyang, MAI, SRA, AI-GRS, Kathryn Sturgis-Bright, MAI, and Tim Runde, MAI.

In addition, Chapter Vice President Gene Williams, MAI, attended the Chapter Leadership Program (CLP) in Chicago last month in preparation for leading the chapter in 2017.  While in attendance, Gene accepted the "Hot Topics Award" in recognition of the Northern California Chapter's achievements in monitoring important issues that affect not only its own professionals, but also the rest of the local valuation community.  Thank you to everyone who contributed to helping the Chapter receive this prestigious award. 

Final Words
As I travel to regional meetings, I'm reminded by national leadership that our Chapter is grouped among the best in the nation. We are extremely fortunate that our chapter provides great opportunities for everyone. We hope you continue to support the mission and spirit of the Chapter's efforts to serve the profession and provide meaningful chapter benefits by supporting our conferences and chapter-developed programs, volunteer to assist with an education offering or chapter committee, and participate in some way as a sponsor for one of the more than 60 events that the Northern California Chapter presents each year.

Best wishes for a prosperous season!

Sincerely,

Michael Lockard, MAI
2016 President
Appraisal Institute
Northern California Chapter
[email protected]
209.645.2341
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Appraisals for Right of Way and Eminent Domain:  California High Speed Rail Project

2/27/2015

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You are invited to join us as we discuss the California High Speed Rail Project at the Appraisal Institute's 2015 Spring Conference to be held in Modesto, California on March 2, 2015.  This session includes a presentation from Don Grebe (Director of Real Property) and Ofelia Alcantara, P.E. (Director of Design and Construction) from the California High Speed Rail Authority (CHSRA). 

The purpose of this session is provide an overview of the California High Speed Rail Project, design and construction details, and the Right of Way process.  This session will discuss the California Rail System, economic benefits, importance of the Central Valley segment, and the relationship between the Appraiser and the California High Speed Rail Authority.  As a large scale infrastructure project, the panelist will detail the CHSRA organizational structure, design-build contractors, and Right of Way team roles and responsibilities. 

RowLand Valuation's Right of Way Appraiser, Michael E. Lockard, MAI, R/W-AC, will be moderating the session intended for appraisers specializing in Right of Way and Eminent Domain valuation assignments. 

Additional highlights for this important conference intended for Northern California appraisers working on residential, commercial, and agricultural valuation assignments include:  Residential Construction Defect Litigation, Special Considerations in the Analysis of Ranchette Properties, Stanislaus and San Joaquin County Commercial Real Estate Overview, and Fresno Area Market Overview. 

Reserve your seat for the conference online at the Northern California Chapter of the Appraisal Institute's website.   
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Stanislaus and San Joaquin Commercial Market Overview

2/20/2013

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On March 25, 2013, the Appraisal Institute is hosting its annual Central Valley Spring Conference event at the Doubletree Hotel in Modesto, and the session "Commercial Market Overview" is among several interesting topics to be discussed.  A panelist of experts will examine general and specific market factors associated with office, retail, and industrial real estate markets in the Stanislaus and San Joaquin county area.  Market participants will gain an insider's look at the depth of the market's challenges as our panelist examine factors influencing supply and demand, and market statistics related to sale prices, rents, vacancy, absorption, and capitalization rates.  Michael Lockard, MAI of RowLand Valuation is happy to serve as moderator for our panelist which includes Wendy Coddington of Lee & Associates, Tom Solomon and Tim Bettencourt of Cosol Commercial Real Estate, and Duke Leffler, CCIM, SIOR of PMZ Commercial Real Estate.  

The lineup of additional real estate topics includes:  Residential Market Overview, Lender's Perspective of the Banking Industry, Agricultural Market Overview, Residential Hot Topics, State of the Appraisal Profession, Marshall and Swift Commercial, and Marshall and Swift Residential.

Register for the conference online at the NorCal Chapter of the Appraisal Institute's website.     
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Appraisals for Eminent Domain: Roles and Interaction with Legal Counsel

3/8/2012

 
Join us as we discuss the roles of the appraiser in the public acqusition process and our interaction with legal counsel at the "2012 Annual Spring Conference" to be held in the Central Valley at the Doubletree Hotel, Modesto, March 19, 2012.  Michael Lockard, MAI, R/W-AC, RowLand Valuation, is serving the Appraisal Institute as the Chair for the conference and as Moderator for the Eminent Domain and Commercial & Industrial Market Update (Stanislaus and San Joaquin) sessions.     

In addition to the Eminent Domain break-out session, commercial real estate appraisers will benefit from the information provided by top commercial brokers.  Conference highlights for residential appraisers and real estate professionals includes analyzing REO and short sales, avoiding common and fatal mistakes found by appraisal reviewers, San Joaquin and Stanislaus residential market statistics and perspectives, and Central Valley foreclosure trends.

During our agricultural market update session, all attendees will gain insight in trends and valuation of permanent tree plantings, a major agricultural land use in the local region.  The keynote speaker will be Dr. Jeffrey Michaels, Director of the Business Forecasting Center at the University of the Pacific, Stockton.

The Northern California Chapter of the Appraisal Institute's Annual Spring Conference is one of the Central Valley's largest and longest running one-day real estate appraisal event.  Register for the conference online at the NorCal Chapter of the Appraisal Institute’s website. 



    Author

    Michael Lockard, MAI is a designated real estate appraiser with 20+ years of valuation experience.  Graduate from San Diego State University, BS in Real Estate.  Michael enjoys working in the profession and continues to broaden his scope of skills and knowledge by serving in the appraisal and Right of Way community.   

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