12 —September 2025 — Appraisal Institute Southern NJ Chapter — M id A tlantic Real Estate Journal
www.marej.com
www.ai-snj.org Telephone 856-415-0281 • Fax 856-415-1952
SNJ Appraisal Institute Designates 2 Members Effective August 8, 2025, Richard A. Plock earned his AI-GRS designation. Mr. Plock is a Senior Vice President at Robert A. Stanger & Company, Inc. and is active in the valuation of real estate assets for real estate investment trusts and partnerships, including appraisals, appraisal reviews, fairness opinions, ASC805 purchase price accounting and market studies. Mr. Plock has been involved in the appraisal of commercial, industrial, residential, recreational, and special purpose properties and portfolios including, but not limited to, shopping centers, multi-family residential, office, medical office, hospitals, warehouse/distribution facilities, hotels, parking facilities, single-tenant net lease, self-storage facilities, senior housing, marinas, data centers, outdoor signs, and land. Before joining Stanger in 2010, Mr. Plock was a senior asset manager for a real estate investment firm that provided investment advisory, qualified professional asset management (QPAM) and development services to pension funds, institutional investors and governmental entities involved in the development, acquisition, management and disposition of institutional real estate assets. Mr. Plock has also held roles as a compliance officer of private and public construction projects, and as a manager of multifamily residential properties. Mr. Plock holds a Bachelor of Science from the University of Nevada Las Vegas and a Master of Business Administration from the University of Phoenix. In addition to being a Designated of Member of the Appraisal Institute (MAI) and a Designated of Member of the Appraisal Institute (AI-GRS), Mr. Plock is also a Member of the Royal Institution of Chartered Surveyors (MRICS), Certified General Appraiser in the 50 States and the District of Columbia, a California Real Estate Broker, and is OSHA-10 certified. Effective August 18, Jack Enright earned his MAI designation. Mr. Enright recently came to us from Austin TX; he has moved back home to New Jersey. We are happy to welcome him to the Southern NJ Chapter! Mr. Enright is a Manager at Withum Smith+Brown, PC, specializing in the valuation of real estate assets for a diverse range of clients including accountants, attorneys, lenders, and government entities. His experience includes leased fee, fee simple and leasehold appraisals, going concern values, appraisal reviews, fair market values, purchase price and real property allocations, as well as litigation support. Mr. Enright has been involved in the valuation of a wide array of property types and portfolios, including prospective developments, retail, residential, office, industrial and special-purpose assets. These include hotels, gas stations, car washes, self-storage facilities, marinas, mobile home parks, junk yards, and cannabis dispensaries. Mr. Enright holds a Bachelor of Arts from the University of Rutgers, New Brunswick. Fair Value, Market Value, Fair Market Value Wednesday, October 8, 2025 Zoom 8:30 am – 4 pm (7 CE hours, 30 minute lunch) Presented by Vince Dowling, MAI, SRA Register by visiting our website: www.ai-snj.org NEW SEMINAR! Fair Value, Market Value, Fair Market Value was developed because words can have more than one meaning. Even the simple term market value can have a different meaning to a real estate appraiser than it does to a business appraiser, an accountant, or an attorney. Among real estate appraisers, there can be differences of opinion as to the proper basis of a valuation for a property tax assessment, a condemnation action, or a financial report. The laws are not generally written by appraisers, and the various codes and case law can be inconsistent and hard to interpret. The USPAP standards require that an appraiser not only state the type and definition of value, but also “include any comments needed to clearly indicate to the intended users how the definition is being applied.”
2025 OFFICERS AND DIRECTORS President: Maria Nucci, SRA, AI-RRS Vice President: Meghan Linaris, MAI Treasurer: Deborah Tordella, MAI, SRA Secretary: Joshua Garretson, MAI, AI-GRS, AI-RRS Past President: Sherrie Lisa Galderisi, SRA, AI-RRS Directors: Steve Bartelt, MAI, SRA, AI-GRS Michael Descano, MAI Danielle Fischer Lee Ann Kampf, MAI
Jerry McHale, MAI Errett Vielehr, MAI
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