9-14-18

Real Estate Journal Financial Digest — Appraisal — September 14 - 27, 2018 — 15A

www.marejournal.com

M id A tlantic

P.O. Box 6045 Bridgewater, NJ 08807 Phone: 732-560-0072 Email: metronj@ai-newjersey.org www.ai-newjersey.org Linkedin.com – Appraisal Institute – Metro NJ Chapter Facebook.com – Metro New Jersey Chapter – Appraisal Institute Twitter.com - @MetroNJAI

James L. Meehan, MAI, AI-GRS 2018 Chapter President

Congratulations to new designated member : Anthony DeMauro, MAI 16 th Annual Fall Conference – Friday, October 26, 2018 Holiday Inn Clark, 36 Valley Rd., Clark, NJ

This year’s Fall conference has been approved for 7 CE hours by the Appraisal Institute and submitted to the New Jersey and New York State Appraisal Boards, the Insurance and Banking Board for 7 hours of CE for Realtors and Brokers, and the New Jersey Tax Assessors Board for 2 Assessor Administrative hour and 5 Assessor Appraisal hours. Download a Brochure and Register at www.ai-newjersey.org Conference Program: 8:30 am - 4:30 pm

Daniel Mistichelli, MAI, SRA, AI-GRS 2018 Chapter VP

Session I ~ State of the Commercial Markets The session will review trends in real estate; office, retail, industrial markets.

Session II ~ Residential Market Trends Current inventory, buyers and sellers’ expectations, mortgage lending practices and development trends.

Gary M. Wade, MAI 2018 Chapter Treasurer

Session III ~ Value Added Industrial Uses The session will discuss the adaptive reuse of existing properties for modern industrial uses due to strong demand in the market. Considerations will include whether to “raise” the roof or “raze” the building. Session IV ~ New Jersey Opportunity Zone and Gateway Programs Introduction to a new economic incentive program assigned to specific real estate markets and an update to an existing large-scale infrastructure project.

Continuing Education 2018 Uniform Standards for Federal Land Acquisitions, (15 CE hours) – September 14 & 15 – RVCC, Branchburg, NJ Solving Land Valuation Puzzles (7 CE hours) – October 2 Raritan Valley Community College, Branchburg, NJ 7 Hour USPAP Update 2018-2019 –Dec. 6 – Holiday Inn Clark, NJ Education 2019 (recertification year): The Metro New Jersey Chapter Education:

Christopher Otteau, MAI AI-GRS 2018 Chapter Secretary

Session V ~ Economic Overview Tristate economic conditions. The Metro New Jersey Chapter Education: Continuing Education 2018

2018 Board of Dir ctors

Jennifer Chanese-Barany, MAI, SRA Joseph H. Cimiluca, MAI David Glaser, MAI Joseph A. Murray, Jr., MAI, SRA

Uniform Standards for Federal Land Acquisitions, (15 CE hours) – September 14 & 15 – RVCC, Branchburg, NJ Solving Land Valuation Puzzles (7 CE hours) – October 2 – Raritan Valley Community College, Branchburg, NJ 7 Hour USPAP Update 2018-2019 – December 6 – Holiday Inn Clark, NJ Education 2019 (recertification year): More courses, seminars and events to be added Quantitative Analysis – March 18 – 22, 2019, Raritan Valley Community College, Branchburg, NJ New Jersey 2 Hour Law Course – March 14 and November 14, 2019, Holiday Inn Clark 7 Hour USPAP – April 25 and December 5, 2019, Holiday Inn Clark Princeton Conference – April 5, 2019, Princeton Marriott at Forrestal Village John J. Musnuff, MAI Daniel C. Webb, MAI John P. Wilson, MAI, AI-GRS Cynthia Xu, MAI More courses, seminars and events to be added Qua titative Analysis – March 18 – 22, 2019, Raritan Valley Community College, Branchburg, NJ New Jersey 2 Hour Law Course – March 14 and November 14, 2019, Holiday Inn Clark 7 Hour USPAP – April 25 and Dec. 5, 2019, Holiday Inn Clark Princeton Conference – April 5, 2019, Princeton Marriott at Forrestal Village

Immediate Past President – Joseph C. Baldoni, MAI

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