PROFESSIONAL QUALIFICATIONS OF BRENDAN M. POWERS
Commercial Real Estate Appraiser
BUSINESS BACKGROUND
Maine Valuation Company. (Associate Appraiser, 2012 -2014, Member 2015- present) An independent commercial real estate appraisal, review and consulting firm providing a comprehensive range of professional valuation products and services throughout Maine.
Vann Appraisal Services, Inc., Augusta, Georgia (Appraiser, 2006 – 2011) Appraised commercial, industrial, and residential properties. Developed templates to streamline the appraisal process and kept regional and local data up to date for the office. Specialized appraisal experience has included distressed property valuation, leasehold valuations, discounted cash flow analysis and low income housing tax credit developments. Clientele in Georgia / South Carolina included regional lending institutions, law firms, private individuals, estates and local businesses.
SCOPE OF EXPERIENCE
Performed appraisals on a variety of property types, including but not limited to:
- Retail Shopping Centers
- Strip, Neighborhood, Community, Outlet;
- Residential Multi-Family Projects
- Apartment Projects – Market & Subsidized
- Office Buildings
- Medical, Professional; Owner-Occupant & Investment Grade;
- Industrial Properties
- Manufacturing, Warehouse, Distribution, Trucking Terminals, etc;
- Special Purpose Properties
- Self-Storage, Churches, Recreational, Institutional, etc;
- Automotive
- Dealerships, Car Wash
- Restaurants
- Independent, Chain, and Franchise;
- Land/New Construction
- Lots, Acreage, Subdivisions, etc.
REAL ESTATE EDUCATION
Brendan M. Powers is a graduate of the University of Maine, Orono, with a BS degree in Chemical Engineering. Appraisal Institute courses successfully completed to date include:
- 2020-21 USPAP update Coarse January 2020
- Business Practices and Ethics April 2019
- 2018-19 USPAP Update Coarse January 2018
- Hot Topics Myths in Appraiser Liability Application October 2017
- 2016-17 USPAP Update Coarse September 2016
- Data Verification Methods September 2016
- Analyzing Operating Expenses November 2015
- General Demonstration Report Writing July 2014
- Advanced Concepts and Case Studies August 2012
- Analyzing Distressed Real Estate November 2011
- Business Practices and Ethics June 2011 & May 2009
- Advanced Sales Comparison & Cost Approaches August 2010
- Advanced Income Capitalization August 2010
- General Appraiser Report Writing & Case Studies November 2008
- General Appraiser Income Approach: Part I June 2008
- General Appraiser Income Approach: Part II June 2008
- General Appraiser Sales Comparison Approach October 2007
- General Appraiser Site Valuation & Cost Approach September 2007
- General Appraiser Market Analysis & Highest & Best Use June 2007
- Real Estate Finance Statistics & Valuation Modeling February 2007
- Residential Market Analysis & Highest & Best Use September 2006
- Residential Report Writing & Case Studies April 2006
- 15-Hour National USPAP Course February 2006
- Basic Appraisal Procedures January 2006
- Basic Appraisal Principles January 2006
Seminars on appraisal methodology, techniques, and regulations have also been attended, such as:
- Unconscious Bias for the Appraisal Profession January 2021
- Cannabis & Commercial Real Estate September 2020
- The Economic Outlook for Maine June 2020
- Valuation Resources for Photovoltaic Systems December 2019
- Maine’s Economic and Demographic Conditions May 2019
- State Board – Complaint Process & Update December 2018
- Overview of American Residential Architectural Styles October 2018
- SBA 504 Program Overview September 2015
- Understanding Flood Zone Mapping and Risk May 2015
- Overview of USDA’s Programs December 2014
- Overview of Appraising Convenience Stores September 2014
- Rates and Ratios: Making Sense of GIMs, OARs, and DCF November 2013
- Complex Litigation Appraisal Case Studies September 2013
- Residential Appraisal Update: Staying Competent in a New Decade January 2011
- Introducing Valuation for Financial Reporting April 2009
- Branding in the Age of Findability January 2009
- Appraising Distressed CRE: Here We Go Again November 2008
- Spotlight on USPAP: Common Errors & Issues July 2008
PROFESSIONAL AFFILIATIONS
The Appraisal Institute
- Practicing Affiliate, Appraisal Institute, #512519
- Board of Directors – Maine Chapter 2017-18
- Education Committee – Maine Chapter 2019
- Membership Committee member, South Carolina Chapter of the Appraisal Institute (2010)