Great Lakes

Kenneth R. Siegle, MAI, M.S.F., was a commercial real estate loan servicing officer for seven years and a staff appraiser for six years. He has expertise in appraising a variety of properties, including: apartments, general office buildings, medical office buildings, retail centers, subdivisions, industrial buildings, vacant land, single-family residential, self-storage facilities, car washes, and more. Ken holds a bachelor’s degree in business administration with a minor in systems analysis from Taylor University, and a master’s of science degree in finance from Walsh College. He is a Designated Member of the Appraisal Institute (MAI), as well as a state certified general real estate appraiser.

Joe Calvaneso, MAI, is a Senior Asset Manager at Bedrock in Detroit, where he oversees a commercial real estate portfolio exceeding $8 billion across more than 100 properties in Detroit and Cleveland. He brings over 17 years of experience in commercial real estate appraisal and asset management.

Joe began his appraisal career in Michigan, earning his Certified General license and honing his craft across the valuation of office, retail, industrial, multifamily, and special purpose properties. He holds the MAI designation from the Appraisal Institute, reflecting his commitment to the highest standards of appraisal practice and professional ethics.

Joe leverages his appraisal background across all facets of asset management, driving portfolio strategy and investment performance. In 2025, his directly managed portfolio outperformed by over $4 million in NOI. He has also assumed oversight of the property tax appeal process at Bedrock, building and leading the strategy across the portfolio. His valuation expertise paired with asset management experience has generated $3.8 million in annually recurring savings across the portfolio between 2023 and 2026. He has a strong interest in leveraging technology and data-driven tools to improve decision-making across the asset management and valuation lifecycle.

Joe currently serves as Vice President (2026) of the Great Lakes Chapter of the Appraisal Institute, having previously served as Chapter Treasurer in 2025.

Outside the office, Joe is a husband, father of four, and firm believer that a sharp wit is as valuable as a sharp pencil.

Frank Segura is a Managing Director for the Detroit office of BBG Inc., a real estate appraisal and consulting firm doing business throughout the United States. He has over 13 years of appraising and consulting experience and holds the MAI designation from the Appraisal Institute.  
 
Frank’s primary focus is covering various commercial real estate markets including multifamily, office, retail, vacant land, and industrial properties. He has extensive experience appraising conventional multifamily properties for agency lenders, banks, and mortgage companies.  
 
Frank has worked on numerous affordable housing assignments involving programs associated with HUD, Freddie Mac, Fannie Mae, USDA, and various state and local agencies. He has also prepared appraisal market studies for pre-development purposes. His work includes complex assignments and has completed appraisals of special purpose properties such as hotels, gas stations, indoor sports facilities, and television/radio broadcasting studios.  
 
Mr. Segura provides valuation services for tax appeal assignments in the State of Michigan and has been accepted as an expert witness by the Michigan Tax Tribunal. He has also completed tax appeal assignments for the Minnesota Tax Court. Frank’s tax appeal assignments have included office buildings, bank branches, television broadcasting studio, shopping centers, industrial facilities, commercial parking garage/lot, and multifamily properties.