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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.
The Appraisal Institute offered these basic protective measures from the World Health Organization:
  • Regularly and thoroughly clean your hands with an alcohol-based hand rub or wash them with soap and water.
  • Maintain at least three feet between yourself and anyone who is coughing or sneezing.
  • Avoid touching your eyes, nose and mouth
  • Cover your mouth and nose with your bent elbow or tissue when you cough or sneeze. Then dispose of the used tissue immediately.
  • Stay home if you feel unwell. If you have a fever, cough and difficulty breathing, seek medical attention. Follow the directions of your local health authority.
  • Stay informed on the latest developments about the coronavirus. Follow advice given by your healthcare provider, your national and local public health authority or your employer on how to protect yourself and others from the coronavirus.
For more information about the coronavirus, visit the Centers for Disease Control and Prevention website or the World Health Organization website.

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