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- Sponsor:
- Southern California Chapter
- Contact:
- Lianna Ayala
- Phone:
- (818)957-5111 (2)
- Email:
- Lianna.Ayala@appraisalinstitute.org
- Website:
- http://www.sccai.org/
- Name:
- Quiet Cannon (in Montebello Country Club)
- Address:
- 901 N. Via San Clemente
Montebello, CA 90640
- Speakers:
- Lubawy, MAI, CVA, Matthew / Penner, MAI, John
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GENERAL MEMBER MEETING CHECK IN AT 11:30 AM PROGRAM STARTS AT 12:00 PM LUNCH IS INCLUDED
PARKING: FREE TOPIC: THE IMPACT OF RECESSION AND INFLATION ON PROPERTY
VALUES
This presentation by Matt
Lubawy, MAI, CVA and John Penner, MAI, will focus on the future effects of
recession and inflation from an historical perspective. There have been 14 recessions since the Great
Depression of the 1930’s, 7 periods of high inflation and 4 periods of deflation. The relationship between Cap-Rates and
Interest Rates will be explored. Lastly,
these effects will be discussed in relation to different property types and
what might unfold in 2023.
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THERE IS A $25.00 CANCELLATION FEE
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SPEAKERS
BIOS:
Matthew Lubawy, MAI, CVA
Valbridge Property Advisors
Mr. Lubawy serves as a senior
Managing Director at Valbridge Property Advisors in the Los Angeles, Las Vegas, and Reno Offices. He has been in valuation and advisory
services since 1987. His experience includes appraising commercial properties
and specialized uses such as hotels, casinos, horse racetracks, LIHTC
properties, air hangers, golf courses, stadiums, and many other special-use
properties.
Matt has extensive expertise in litigation, condemnation,
market studies, feasibility analyses, and fractional interest valuations.
He is a state-certified general appraiser in Nevada,
California, Arizona, and Michigan as well as a licensed real estate agent in
Nevada.
He served as chairman of the board of the Nevada State
Development Corporation for 10 years and was vice-chairman of the board for the
corporate office of Valbridge Property Advisors, Inc. He was also past
president of the Las Vegas Chapter of the Appraisal Institute.
John Penner, MAI
Valbridge
Property Advisors
John D. Penner, MAI serves as
Senior Managing Director for the Orange County, California office of Valbridge
Property Advisors, a nationwide appraisal firm with 80 offices, as well as
National Director of Fractional Interest Valuation. He has also served on the
Board of Directors in the past. John has over 39 years of experience as a
commercial real estate appraiser and consultant. His specialties include
medical office, industrial properties, condemnation, fractional interest
valuation, expert witness court testimony, and investment property consulting.
He is a Member of the Appraisal Institute, Certified General Appraiser,
Licensed Real Estate Broker, is a member of the International Right of Way
Association, and holds a Certificate in Real Estate Development with the Urban
Land Institute. John also prepares the biennial Penner Expense Guides, which
contain data from surveys of actual expenses in the local Southern California
market for industrial, office, medical office, and retail properties.
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ATTENDANCE
The Appraisal Institute enforces attendance requirements
mandated by state licensing and certification regulatory agencies. The
Appraisal Institute issues certificates for state certification/licensing or
state continuing education credit that verify successful completion and
attendance of 100%, with your grade notification letter for courses, or at the
conclusion of seminars. One hundred percent (100%) attendance is required for
all Appraisal Institute education programs. This follows Appraiser
Qualification Board minimum criteria requirements. ATTENDANCE CERTIFICATE:
With the recent transition to the Appraisal
Institute’s NetForum registration system, attendance certificates will be
available for download directly through the AI’s national website. The
procedure to obtain your certificate is:
Go to www.appraisalinstitute.org
Log into Your AI Account
Select Education/Events on the right sidebar
See List of All Offerings
Scroll to the specific offering which shows
Registered and click
At the very bottom of the screen, click
Retrieve Certificate
NOTE: Allow a minimum of ten business days for
certificates to be available. The Chapter office cannot view, nor can we
retrieve copies of your attendance certificate. Anyone having difficulty
accessing their certificate should contact the Education Delivery Services
Dept. directly at education@appraisalinstitute.org.
Program materials can be downloaded by the student.
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This Educational Program was developed and organized by the Appraisal Institute Chapter offering the Program with the intent of addressing topic(s) of current local interest solely for educational and informational purposes. The Appraisal Institute national organization was not involved in developing or organizing the Program.
The content of this Program, including but not limited to any written materials and presenter comments, does not represent the viewpoint of the Appraisal Institute (defined as including but not limited to, the national organization, its Regions, Chapters, members, candidates, affiliates and staff) unless formally adopted by the national Board of Directors. Further, the Appraisal Institute has not peer-reviewed or approved the content of the Program and does not warrant the accuracy or timeliness of the content of the Program. The content of the Program is subject to court decisions and local, state and federal laws and regulations and any such revisions of such laws and regulations.
This Program is presented with the understanding that the Appraisal Institute is not engaged in rendering legal, accounting or other professional advice or services. Nothing in the Program is to be construed as the offering of such advice or services. If expert advice or services are required, attendees and readers are responsible for obtaining such advice or services from appropriate professionals. State CreditPlease note that 100% attendance is required in order to receive any approved state credit or to be awarded AI CE points. It is imperative that you check with your state board for state approval information before completing registration. Other InformationIf you have a disability and require accommodation, please notify the sponsor at least two weeks in advance for reasonable accommodations to be arranged. The Appraisal Institute reserves the rights to cancel, limit, or reschedule the program and to change instructor assignments and facility locations at any time.
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