Andolfo of Andolfo Appraisal Associates awarded the AI-GRS membership designation

Malden, MA Thomas Andolfo, MAI, SRA, AI-GRS, president of Andolfo Appraisal Associates, Inc. was recently awarded the Appraisal Institute’s AI-GRS membership designation. The AI-GRS designation is held by professionals who can provide reviews of appraisals of a wide range of property types, including commercial, industrial, agricultural, residential, vacant land and others. On March 29, he was presented with his AI-GRS certificate by Jennifer Schnell, SRA, AI-RRS, the chair of the Rhode Island Branch chapter of the Massachusetts and Rhode Island chapter of the Appraisal Institute.

Andolfo is a 1969 graduate of Las Salle Academy and a 1973 graduate of the College of the Holy Cross. He has been engaged in the real estate industry since 1977 and holds general appraisal certifications in Rhode Island, Massachusetts, and Connecticut. He has been president of Andolfo Appraisal Associates, Inc. since 1986.

Andolfo has been an active member of the Appraisal Institute and its co-predecessor, the Society of Real Estate Appraisers since 1981. Over those years and leading up to and through Rhode Island’s merger with Massachusetts, he has served in many capacities, most proudly as chapter president in 1993, 2007, and 2008. Upon the merger, Andolfo served as the first Rhode Island Branch chair and is now serving his last year of a three-year directorship with the MA/RI chapter, as well as serving as a candidate advisor. Andolfo was also chair of the Rhode Island Real Estate Appraisers Board from 2005 to 2009, and a past president of the Holy Cross Club of Rhode Island.

Andolfo’s company specializes in all types of real estate appraisal, inclusive of litigation, condemnation, zoning, appraisal reviews for banks and investigational authorities such as the Rhode Island attorney general, the Rhode Island State Police, and the U.S. Postal Service. Andolfo has served as a real estate appraiser expert witness in several “high profile” court cases such as Ocean Road Partners vs. The State of Rhode Island, Department of Environmental Management; Granoff II Associates, LLP, vs. The City of Providence Tax Assessor; Davol Square Jewelry Mart, LLC, vs. The Narragansett Bay Commission; and Palazzolo vs. The Rhode Island Coastal Resources Management Council – a case that made it all the way to the U.S. Supreme Court.

The Appraisal Institute is a global professional association of professional real estate appraisers, with nearly 21,000 professionals in almost 60 countries throughout the world. Its mission is to advance professionalism and ethics, global standards, methodologies, and practices through the professional development of property economics worldwide. Organized in 1932, the Appraisal Institute advocates equal opportunity and nondiscrimination in the appraisal profession and conducts its activities in accordance with applicable federal, state and local laws. Individuals of the Appraisal Institute benefit from an array of professional education and advocacy programs, and may hold the prestigious MAI, SRPA, SRA, AI-GRS and AI-RRS designations.