Commercial Program
• Opening General Session
• 8:30 a.m. to 9:20 a.m. - Victor Calanog, Ph.D, CRE - chief economist & senior vice president at Reis, Inc.
• 9:30 a.m. to 10:20 a.m. - Sarah Philbrick, socioeconomics analyst at Metropolitan Area Planning Council
• 10:45 a.m. to 12:15 p.m. – Limiting Your Liability as an Appraiser
• Jennifer Markowski, Esq., Peabody & Arnold
• Jamie Moore, certified residential appraiser, Jaime Moore Appraisal Services
• John Torvi, Landy Insurance
• 1:30 p.m. to 2:45 p.m. - Then and Now: What did we learn from the 1990s that applies today?
Description: The panel will use the Bank of New England failure as a case study in what warnings were missed when it came to valuations. This will be tied in to appraisal reform beginning FIRREA and the Appraisal Foundation coupled with a look at today’s experiences in commercial valuations.
• Bud Clarke, MAI, moderator, senior vice president, investment valuation, Boston Financial Investment Management, LP
• Charles Douglas, author, “The Outstanding Truth: The Failure of the Bank of New England Corp.,” retired SVP, Bank of New England;
• Bruce Wiley, MAI, co-founder, Akerson & Wiley, former chief appraiser at Bank of New England;
•John Leary, MAI, senior valuation consultant, Advisra Consulting LLC, former chief appraiser Shawmut Bank; and
• David Westcott, chief appraiser, Santander Bank, N.A.
• 3:00 p.m. to 4:30 p.m. – Retail Rebirth
Description: It’s easy to speculate that retail is in trouble, but dramatic headlines announcing store closures and the death of shopping malls don’t tell the whole story. The industry isn’t dying; rather, it’s adapting to consumer preferences for online retailing and other nontraditional models — and appraisers working in this sector must navigate a changing landscape.
• Bill McLaughlin, MAI, MRICS, moderator, executive director, valuation & advisory, Cushman & Wakefield;
• Heather Brown, executive vice president, JLL;
• Ryan McCullough, senior real estate economist, CoStar;
• Geoff Millerd, executive managing director, Newmark Knight Frank; and
• Peter Montesanto, senior vice president – retail leasing, Colliers International.
Residential Program
• 8:30 a.m. to 9:20 a.m. - Victor Calanog, Ph.D, CRE, chief economist & senior vice president at Reis, Inc.
• 9:30 a.m. to 10:20 a.m. - Sarah Philbrick, socioeconomics analyst at Metropolitan Area Planning Council
• 10:45 a.m. to 12:15 p.m. – Limiting Your Liability as an Appraiser
• Jennifer Markowski, Esq., Peabody & Arnold
• Jamie Moore, certified residential appraiser, Jaime Moore Appraisal Services
• John Torvi, Landy Insurance
• 1:30 p.m. – 2:45 p.m. – Thinking Outside the Bank: Part 1
Description: This presentation focuses on general issues and differences associated with non-lender clients. Panel includes William Pastuszek, Jr. MRA, MAI, moderator, Shepherd Associates; Scott Joseph, Esq., Joseph and Joseph; and Rick Semerjian, Shelrick Associates. Topics will include:
• What are private assignments?
• The importance of well written engagement letters
• What is the value of your time?
• Appraisals from the client’s perspective
• Scope of work acceptability and challenges
• Intended users and uses
• Reporting formats
•3:00 p.m. to 4:30 p.m. – Thinking Outside the Bank: Part 2
Description: Panelists will take on more common type of non-lender assignments describing their unique characteristics. Topics include: Estate planning and estates; divorce; bankruptcy; tax abatement; and eminent domain. Panel included: Pastuszek, moderator; Pamela Davis, MAA, chief assessor, city of Everett; Mary Granville, MRA, The Appraisers Collaborative; and Michael Nicora, RA, Suburban Appraisal.