14 — April 2026 — Appraisal — Financial — M id A tlantic Real Estate Journal
www.marej.com
www.ai-snj.org Telephone 856-415-0281 • Fax 856-415-1952
Bankers, Builders, and Investors in Construction is a dynamic, case study that examines the residential construction process through the distinct yet interconnected perspectives of financing, execution, and investment. Built around a comprehensive 11-month residential construction project, this course utilizes actual construction draw sheets, detailed cost breakdowns, and both aerial and ground-level documentation to provide a step-by-step analysis of the construction lifecycle. The Case Study begins from initial budgeting and loan structuring to final completion and disbursement. Participants will gain practical insight into how construction funds are allocated and controlled, how progress is verified through inspections and draw requests, and how each stage of construction influences overall cost, risk, and value. The course further delivers a detailed, real-time analysis of the construction process, equipping participants with the ability to identify construction components, recognize finished products, and evaluate completion at each stage of development. Bridging the gap between theory and real-world application, this course equips attendees with the tools to interpret construction budgets and draw schedules, identify potential red flags, and better understand the financial and operational dynamics that shape residential development. This course is designed for real estate appraisers, construction loan professionals, builders, investors, and other industry participants seeking a deeper, practical understanding of construction finance, project execution, and inspection methodology. Lamar Ellis, MAI, SRA, has been appraising residential and commercial real estate for over 30 years, having begun his career as a staff appraiser and construction loan inspector for a local Atlanta Savings and Loan Bank in 1989. In 1992, he began working as an independent fee appraiser for local Atlanta Banks. From 1999 – 2000, Lamar led a construction lending department in Henry County, Georgia for Main Street Bank. Lamar Ellis is a member of Region IX’s Atlanta Chapter of the Appraisal Institute and has served as the Educational Chair, Regional Representative, and on the Board of Directors. In 2010, Lamar earned the certification of SRA with the Appraisal Institute, in 2011, he became an approved instructor, and in 2014, Lamar earned the MAI designation with the Appraisal Institute. In 2014 began to develop courses focusing on Drone Technology and Its Impact on the Appraisal Profession. He has presented in 41 States and internationally on the benefits of aerial inspections for real estate. In 2023, Lamar earned the “Outstanding Service” Award from the Appraisal Institute for introducing Drone Technology into Real Estate Valuation. The New Find an Appraiser Directory is Now Live Bankers, Builders, and Investors in Construction (3 Hours) Wednesday, October 7, 2026 9:00 am - 12:00 pm ZOOM Developed and presented by Lamar Ellis. III, MAI, SRA https://www.appraisalinstitute.org/education/search/bankers-builders-and-investors-in-construction-c-so-nj/526244 The Appraisal Institute is excited to announce that the newly enhanced Find an Appraiser directory is now live. With a modern, streamlined experience and more powerful search capabilities, it’s now easier than ever for the public and industry professionals to find and connect with qualified Appraisal Institute members. What’s New • More relevant results based on primary and secondary service areas • Improved filtering and search flexibility to quickly find the right expertise • Interactive map experience to refine searches by geography • Save, share, and export searches for added convenience • Enhanced member profiles with richer, more dynamic information https://ai.appraisalinstitute.org/eweb/DynamicPage.aspx?webcode=aifaasearch
2026 OFFICERS AND DIRECTORS
President: Meghan Linaris, MAI
Vice President: Deborah Tordella, MAI, SRA
Treasurer: Joshua Garretson, MAI, AI-GRS, AI-RRS
Secretary: Steve Bartelt, MAI, SRA, AI-GRS
Past President: Maria Nucci, SRA, AI-RRS
Directors: Lana Chiapetta, MAI, AI-GRS Errett Vielehr, MAI Lee Ann Kampf, MAI Danielle Fischer Jerry McHale, MAI Michael Descano, MAI
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