Appraisal Institute News

Aug 18, 2021 12:30 PM

Sandra Adomatis Elected 2022 AI Vice President

Sandra K. Adomatis, SRA, of Punta Gorda, Florida, was elected 2022 vice president of the Appraisal Institute Aug. 12 by the AI Board of Directors during its meeting in Orlando, Florida. Adomatis’ one-year term as vice president will begin Jan. 1, followed by one year each as president-elect, president and immediate past president.

Aug 18, 2021 12:30 PM

AI Board of Directors Adopts 45-Day Notice Items During August Meeting

The Appraisal Institute Board of Directors voted to adopt three 45-Day Notice items during its Aug. 12-13 meeting in Orlando, Florida. The 45-Day Notice items address Audit Committee powers and duties, the Candidate for Designation program, and Life Status and Designated Member readmission.

Aug 13, 2021 08:30 AM

Sandra Adomatis Elected 2022 Appraisal Institute Vice President

Sandra K. Adomatis, SRA, of Punta Gorda, Florida, was elected 2022 vice president of the nation’s largest professional association of real estate appraisers Thursday by its Board of Directors during the Board’s meeting in Orlando, Florida.

Aug 10, 2021 02:30 PM

Appraisal Institute Honors 20 National Award Winners

J. Scott Robinson, MAI, SRA, AI-GRS, AI-RRS, of Salisbury, North Carolina (posthumously); Arlen C. Mills, MAI, SRA, SRPA, of Sonoma, California; Terrell R. Oetzel, MAI, of East Lansing, Michigan; and Jim Amorin, MAI, SRA, AI-GRS, of Chicago, were honored Tuesday with the Appraisal Institute’s Lifetime Achievement Award during the Appraisal Institute Annual Conference in Orlando, Florida.

Aug 10, 2021 08:00 AM

Chase Commits $3 Million to Appraiser Diversity Initiative

The Appraisal Institute, Fannie Mae and Freddie Mac today announced that Chase has made a $3 million commitment to the Appraiser Diversity Initiative. In addition to the Chase commitment, Freddie Mac has joined the Appraiser Diversity Initiative as a core partner, providing additional resources and adviser support.

Aug 04, 2021 12:30 PM

Record Low Cap Rates for Single-tenant Dollar Stores: Data

Cap rates in the single-tenant net-lease dollar store sector reached a historic low during the second quarter, according to the Net Lease Dollar Store report released Aug. 1 by commercial real estate firm The Boulder Group. Dollar General’s cap rate was 5.75%, while Dollar Tree reached 6.50%.

Aug 04, 2021 12:30 PM

Fannie Mae: Appraisers Should Avoid "Problematic Phrases"

Fannie Mae in its July Appraiser Update newsletter has requested that appraisers avoid using phrases in their reports that can be viewed as problematic because they represent subjective judgments and not objective facts. Examples of phases that should be avoided are “desirable neighborhood,” “crime-ridden area,” “affordable neighborhood” and “Integrated community.”

Aug 04, 2021 12:30 PM

Smaller Cities Poised to Become Top Tech Markets, Led by Dayton, Ohio, CBRE Reports

Dayton, Ohio, could be the next top tech market, according to a report from real estate firm CBRE, WeathManagement.com reported July 26. Market determinations are based on labor fundamentals and costs, growth opportunities for companies and high concentrations of tech workers. The list contains mostly smaller markets, and also includes Huntsville, Alabama, and Colorado Springs, Colorado.

Jul 27, 2021 08:00 AM

Pandemic Continues to Impact Entertainment Real Estate Values: Valuation Magazine

It’s likely to take a year or two for entertainment real estate values to get past the economic shock of the coronavirus pandemic, according to an article in Valuation magazine’s second quarter 2021 issue.

Jul 21, 2021 07:59 AM

Differences in Asset Quality Must be Considered When Valuing Golf Courses: The Appraisal Journal

Valuation professionals should consider the differences in the business intangible property and real property of public golf facilities and of private golf and country clubs, according to an article published this week in The Appraisal Journal.

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AI News

Sandra Adomatis Elected 2022 AI Vice President

AI Board of Directors Adopts 45-Day Notice Items During August Meeting

Sandra Adomatis Elected 2022 Appraisal Institute Vice President

Appraisal Institute Honors 20 National Award Winners

Chase Commits $3 Million to Appraiser Diversity Initiative

Record Low Cap Rates for Single-tenant Dollar Stores: Data

Fannie Mae: Appraisers Should Avoid "Problematic Phrases"

Smaller Cities Poised to Become Top Tech Markets, Led by Dayton, Ohio, CBRE Reports

Pandemic Continues to Impact Entertainment Real Estate Values: Valuation Magazine

Differences in Asset Quality Must be Considered When Valuing Golf Courses: The Appraisal Journal