Understanding the New Role of the Appraisal in Commercial Banking and Going Concern Allocations - Buffalo, NY Program

Our neighboring chapter, Western NY/Ontario Intl, is hosting a one-day seminar and social in Buffalo. All are welcome. Details below. 

Date: 
Wednesday, August 6th, 2014 
Registration (Pastries/Coffee): 8:00 AM to 8:30 AM 
Seminar Begins: 8:30 AM 

Location: 
Larkin at Exchange Building 
726 Exchange Street – Suite 804 
Barton Room 
Buffalo, New York 14210 

Cost: (Includes Lunch) 

$175 (AI/State CE Credit w/Certificate) 

$40 USE PROMO CODE: No CE Credit 

(Bankers, Lawyers, Real Estate Agents, etc. OR Appraisers not requiring AI or State CE Credit – NO CERTIFICATE) 

REGISTER

Part I – Appraisal in an Evolving Banking Environment: 3 Hours 

Presenter: Adam A. Alessi, MAI, MRICS 

Chief Appraiser, First Niagara Bank, N.A. 

• A look at the post-2008 timeline for appraisal-related regulatory mandates and the response of the lending and appraisal communities; 
• Case studies of valuation and compliance issues impacted or ignored by the regulatory environment 
• First-hand accounts and perspectives of the realities of serving a borrowing base in this climate. 

Part II – Complex Properties: A Risk-Based Approach to Allocations and Investment: 4 Hours 

Presenter: Franz H. Ross, CBA, CVA, MRICS, 

Complex Asset Specialist, First Niagara Bank, N.A.

What are the unique characteristics of each complex property type? Discussion will include hotels, C-stores, healthcare properties, power plants, restaurant/banquet facilities, tank farms, data centers, golf courses, and other recreational properties. What special industry knowledge 

is needed to appraise each property type, and what unique metrics are applicable? 

• The premise for giving the greatest weight to a risk based/cost based asset allocation methodology;
• Attendees will receive the new ETEEM model, and be given instruction in its use; 
• Understanding the importance of asset allocation metrics such as cost approach data, market rents, lease coverage ratios, management fees and others; 
• Best practices in an income analysis that is universal to all income properties. 
• How to prove cap rates of “going-concerns” and of intangible assets using available BV data. 

Continuing Education
Approved for 7 Hours of Continuing Education by:

• The Appraisal Institute

Pending Approval for 7 Hours of Continuing Education by: 

• NYS Continuing Education 
• Pennsylvania CE 

Post Class Gathering/Social, hosted by the WNY/Ontario Chapter of the Appraisal Institute: 

Larkin Square – Filling Station 

Hors d’oeuvres and Cash Bar 

Live at Larkin featuring 

The Steam Donkeys and Shaky Stage

For more information please contact Yolanda Perez, Executive Secretary at 716-544-0497.