10B — October 11 - 24, 2013 — New Jersey — Mid Atlantic Real Estate Journal


Southern New Jersey Chapter www.ai-snj.org Telephone 856-415-0281 • Fax 856-415-1952

n Thursday, September 12th, the Southern New Jersey Chapter of theAppraisal Institute hosted its 18th Annual September Symposium. While the location changed this year to the Crowne Plaza in Monroe Township, the quality of the event stayed the same. At the Crowne Plaza in Monroe Township September Symposium: New Location, Same Great Program! O

Southern NJ Chapter Appraisal Institute 2013 Chapter Officers President Jacob Ramage, MAI jake.ramage@cushwake.com Vice President Pamela Brodowski, MAI Treasurer Al Crosby acrosby@insightnj.com Secretary Jerrold McCarron, MAI jermccarron@gmail.com

Presenting a session on Loss Prevention for Real Estate Appraisers as well as a session on Liability Issues for Appraisers Performing Litigation and Other Non-Lending Work was Peter Christensen, Esq. He is an attorney and serves as LIA’s general counsel. He previously practiced law with the law firms Latham&Watkins LLP and Irell &Manella LLP. He has a B.S. with an emphasis in account- ing from U.C. Berkeley and also received his law degree from U.C. Berkeley (Boalt Hall School of Law). He’s been a member of the California bar since 1993. According to Mr. Christensen, appraisal as- signments for litigation and other non-lending purposes actually present a greater liability risk to the appraiser on a per assignment basis. His presentation addressed the specific liability risks associated with appraisals for litigation, divorce,

Director (Term through ’15) Errett Vielehr

estate, tax, conservation and other non-lending purposes. He also addressed special liability considerations for review appraisers and supervisory appraisers. Actual lawsuits against ap- praisers formed the foundation of the seminar. Presenting a session on Site Selection Process – Supermarkets & Retail was Robert R. Volosin. (Pictured left) He is the Chief Operating Officer of Inner City Development, which specializes in the develop- ment of supermarket anchored shopping centers in downtown urban areas. Currently, Inner City Development is working on several proj- ects including developments in Elizabeth, Newark and East Orange, New Jersey. He has over 30 years of supermarket experience and is very familiar with development within New York City, New Jersey, Philadelphia, Baltimore and Washington, DC markets. Over his career, Bob has overseen more than 200 supermarket transactions ranging from remodels, enlargements, land purchases, the development of shopping centers, to ground leases and build to suit locations. After the Symposium, attendees were asked to supply feedback on the event. Here is a sam- pling of comments: • It was clear that both speakers were experts in their prospective fields and they had life • The topic (especially the liability of appraisers part) was very interesting and it is always good to be aware of these possible issues. The food was also great! Overall it was very educa- tional seminar. • I really enjoyed both speakers – both were great presenters with a full depth of understanding of their topics & that rare ability to keep an audience engaged in what can be very ‘dry’ material. I also thought the entire day was a great value and a good way to earn seven more CEU’s. • My overall experience was all positive; it was a good day all around and I am glad I at- tended. TheAppraisal Institute is a global association of real estate appraisers, with more than 23,000 valuation professionals in nearly 60 countries throughout the world. Its mission is to advance professionalism and ethics, global standards, methodologies and practices through the profes- sional development of property economics worldwide. Organized in 1932, theAppraisal Institute advocates equal opportunity and nondiscrimination in the appraisal profession and conducts its activities in accordance with applicable federal, state and local laws. Appraisal Institute profes- sionals benefit from an array of education and advocacy programs, and may hold the prestigious MAI, SRPA and SRA designations. Learn more at www.appraisalinstitute.org. For more on the Southern NJ Chapter, email lisamayweiss@hotmail.com. experience stories that added to the presentations. • The Symposium was great, and so was the food.

Director (Term through ’15) Robert Kirwan, SRA

Director (Term through ’15) Jackie Marmur Jackiemarmur@tonykamand.com

Director (Term through ’14) James Carr carrappraisals@aol.com

Director (Term through ’14) John T. Stone, MAI

Director (Term through ’13) Bonnie Longo, MAI , SRA

Director (Term through ’13) Michael S. Sapio, MAI northstarappraisal@msn.com President Ex Officio Jerome McHale, MAI jmchale@jmchaleassoc.com

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