Southern California Hotel Valuation Update

Date: November 14, 2019

Location: Carlsbad, CA

San Diego Chapter
Ms. Patti L. Kreutzer
Green Dragon Tavern & Museum
6115 Paseo Del Norte
Carlsbad, CA 92011
Patti Kreutzer
Lugosi, MAI, Jeff


Additional Information

Speakers Dan Beverly, MAI, Vice President with CBRE Hotel Valuations; Mike Baker, Senior Real Estate Appraiser with CBRE Valuation & Advisory Services; and Charlie Ryan, Senior Production Analyst with CBRE Hotels/Capital Markets, will provide an update of the national, regional, and San Diego markets. The session will also cover trends related to hotel performance, financing, and other components directly related to the hotel industry.

Speakers Mark Younadam, Regional Vice President, Development, with Hyatt Place & Hyatt House; Adam Marquis, President of Pacifica Hotels; and Patrick Speer, Senior Director, Development with Hilton Worldwide, will discuss trends related to operating hotels and the construction of hotels, respectively. Younadam and Marquis will provide insight on how their particular brands operate, and Speer will discuss construction trends.

After lunch, Alex Guyott, Development Manager with Hensel Phelps, will provide a case study on San Diego hotel projects. The speaker will highlight the lessons learned from the development of these specific projects.

Speakers Peter Kotschedoff, CMI, Principal with Versatax Consulting; and Kirk Ellis, Director of Hospitality with Gensler, will discuss tax issues related to hotels as well as hotel design. Each of the speakers will emphasize recent, local issues impacting their practice.

TIME: Check in and Continental Breakfast 9:30 to 10:00 am / Seminar 10:00 am to 12:15 pm, and 12:45 to 3:00 pm / Lunch and Chapter meeting 12:15 to 12:45 pm

SEMINAR MATERIALS, if any, will be distributed at check in.

CONTINUING EDUCATION CREDIT: This program was developed and organized by the San Diego Chapter of the Appraisal Institute, 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. Attendees are eligible to receive 20 points of Appraisal Institute continuing education credit. Additionally, this program has been approved for four (4) hours of BREA continuing education credit (Approval No. 19CP754601394).

CERTIFICATES OF COMPLETION will be available online after the seminar.

PRICE INCLUDES Continental Breakfast and Fiesta Buffet Lunch

ENTER THROUGH the Museum Entrance on the East side of the building.

GETTING THERE: The venue is less than a mile from the Carlsbad AmTrack Station - Ride the Train!

Disclaimer Information

Enrollment is on a first-come, first served basis. If the event is filled, a waiting list will be retained. The San Diego Chapter reserves the rights to cancel, limit, or reschedule any event if the minimum enrollment level is not reached, and to change faculty assignments and facility locations at any time. Prospective students should confirm their registration with the Chapter office before making any non-refundable airline reservations. Transfers are not allowed.

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 some seminars. One hundred percent (100%) attendance is required for all Appraisal Institute education programs. This follows Appraiser Qualification Board minimum criteria requirements.

Some offerings have prerequisites. Be sure to read the course or seminar description to find out if there are any prerequisites for this offering.

Some offerings have required textbooks. Be sure to read the course or seminar description to find out if there are any required textbooks for this offering. There will not be any textbooks for purchase at the class. Students must purchase any required textbooks prior to the start date of the offering.

Some offerings require each student to bring a laptop and/or other equipment. Be sure to read the course or seminar description to determine if any equipment is required. Students are responsible for safeguarding their equipment and personal belongings at all times. The Appraisal Institute, the San Diego Chapter, the course or seminar Instructor, or the facility will not be responsible for any loss of students’ personal belongings.

Some offerings are now available with downloadable materials. If a student opted to download materials instead of having materials direct shipped, the student will be required to bring the materials to class on a laptop. All students must have their own set of the materials to receive any credit for the class. Extra copies of materials will not be available at the class.

It is the policy of the Appraisal Institute to provide reasonable accommodations for qualified persons with disabilities who are participating in Appraisal Institute educational programs. If any student needs accommodations to participate because of a disability, please notify the Chapter office in writing at least two weeks in advance of the program and reasonable accommodations will be arranged. Without two weeks’ notice, accommodation may not be available.

For scannable exams, written notification of results will be sent via email to the examinee approximately 15 business days from the date of receipt of the exams at the national office. Certificates of completion for continuing education, if the offering is an Appraisal Institute-developed seminar, will be distributed via email within 15 business days after completion of the seminar. Certificates of completion for Chapter-developed seminars will be distributed at the conclusion of the class. Express Grading for scannable exams is available. For more information about Express Grading, contact the Appraisal Institute National office at (312) 335-4207.

National Disclaimer

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 Credit

Please 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 Information

If 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.