March 11, 2020
NCREIF, Appraisal Institute Delay Symposium; No Other AI National Events Affected
The National Council of Real Estate Investment Fiduciaries announced March 5 that this summer’s valuation symposium in Chicago – co-hosted with the Appraisal Institute – has been postponed until 2021 due to concerns over the coronavirus. The Appraisal Institute has no immediate plans to cancel or reschedule any other national events.
Appraisal Institute 2020 President Jefferson L. Sherman, MAI, AI-GRS, said AI continues to monitor guidance from the Centers for Disease Control and Prevention and the World Health Organization to make the best possible fact-based decisions regarding upcoming Appraisal Institute events.
“The Appraisal Institute’s greatest assets – and AI’s top priorities – are our customers, staff and more than 17,000 professionals in nearly 50 countries,” Sherman said. “We take seriously their health, safety and well-being.”
The Centers for Disease Control and Prevention’s March 9 risk assessment
said: “For the majority of people, the immediate risk of being exposed to the virus that causes COVID-19 is thought to be low. There is not widespread circulation in most communities in the United States.” The assessment also noted, “This is a rapidly evolving situation and CDC’s risk assessment will be updated as needed.”
The Appraisal Institute plans to conduct all of its currently scheduled national events, including the Leadership Development and Advisory Council conference May 18-20 in Washington, D.C., and the AI Annual Conference on Aug 3-5 in Orlando. If plans change in the future, affected individuals will be notified via email, the AI website and AI’s news publications.
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