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Robert D. Wright, MAI -- Multi-Family Valuations
 



Qualifications of Robert D. Wright

Appraiser Certification

  • Delaware: Certified General Real Property Appraiser #X10000092
  • District of Columbia: Certified General Real Property Appraiser #GA10068
  • Maryland: Certified General Real Estate Appraiser #10024
  • New Jersey: State Certified Real Estate Appraiser #RG00869
  • Pennsylvania: Certified General Real Estate Appraiser
    #GA-000049-L
  • Virginia: Certified General Real Estate Appraiser
    #4001-001391
  • HUD Approved Appraisers List for Philadelphia and Baltimore Field Offices. Assignments accepted by the Richmond Field Office which includes Northern Virginia.

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Education

American University, Bachelor of Science, Political Science, cum laude with departmental honors; Undergraduate Real Estate Certificate, 1976

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Specialized Education

  • AIREA Course 1A - Basic Appraisal Principles, 1975
  • AIREA Course 1B - Capitalization Theory and Techniques, 1976
  • AIREA Course 2 - Urban Properties, 1977
  • AIREA Course 7 - Industrial Valuation, 1982
  • AIREA Hotel/Motel Valuation, 1986
  • AIREA Standards of Professional Practice, 1987
  • AIREA R - 41(C) Seminar, 1987
  • AIREA Course - Case Studies in Real Estate Valuation, 1987
  • Boeckh's Building Cost Estimating Courses I & II, 1978
  • Real Estate Investment Strategy, American University, 1975
  • Real Estate Law, American University, 1976
  • SREA - Market and Marketability Analysis, 1984
  • AI Standards of Professional Practice, Part A, 1993 & Part B, 1995
  • AI Limited Appraisals & Reporting Options, 1994
  • AI Fixtures: Real or Personal Property, 1995
  • AI USPAP Update, 1995
  • AI Highest and Best Use Applications, 1996
  • AI Affordable Housing Valuation, 1997
  • AI Online Internet Search Strategies for Appraisers, 1999

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Association Memberships

Member, Appraisal Institute (MAI) #6565 (Currently, Philadelphia Metro Chapter First Vice President)

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Professional Affiliations & Licenses

  • Licensed Broker, Pennsylvania Real Estate Commission.
  • Licensed Broker, Maryland Real Estate Commission.
  • Pennsylvania Council of Real Estate Appraisers, Inc. (President 1991)

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Court Qualifications

  • Qualified as expert witness in Tax Appeal Court, State of Maryland; Prince William County, VA; Chester County, PA
  • Qualified as expert witness in U.S. Bankruptcy Court for Eastern District of Pennsylvania and Washington, DC.

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History of Employment

  • June 1984 to Present: Self-Employed Appraiser/Consultant, Springfield, PA
  • July 1981 to May 1984: Self-Employed Appraiser/Consultant, Washington, DC
  • May 1974 to July 1981: Associate Appraiser with John J. Shank, MAI Silver Spring, MD serving the Washington Metro area.

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Types of Appraisal Assignments

Completed the following types of appraisal assignments since 1974 with a specialty in multi-family properties:

  • Apartments (Narrative, FHLMC, FNMA/DUS, HUD)
  • Cooperative and Condominium Conversions
  • Portfolio Valuations
  • Market/Absorption Studies
  • Affordable Housing & Tax Credits
  • Discounted Cash Flow Analysis
  • Institutional Properties, Office Buildings
  • Shopping Centers, Warehouses
  • Mortgage Financing
  • Tax Appeals
  • Feasibility Analysis
  • Expert Testimony
  • Development Analysis
  • Zoning Studies
  • Rent Studies
  • Asset Management

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Partial List of Clients and Financial Institutions Served

  • AMI Capital, Inc.
  • AGM Financial Services, Inc.
  • Allfirst Mortgage Corporation
  • AMRESCO Capital, L.P.
  • ARCS Commercial Mortgage Co., LP
  • Bank of America
  • Berkshire Mortgage Finance
  • Beverly Court Tenants Association
  • BOCC Mortgage Corporation
  • Capri Mortgage Capital
  • Citizens Bank of Maryland
  • Columbia National Real Estate Finance
  • DC Dept. of Housing and Community Dev.
  • DC Development Corporation
  • Dittmar Company
  • Dorman & Wilson, Inc.
  • Edgewood Management
  • Eichler Fayne & Associates
  • FannieMae
  • Freddie Mac
  • GMAC Commercial Mortgage Corporation
  • JBG Associates
  • Legg Mason Real Estate Services
  • Love Funding
  • Maryland Housing Fund
  • Mellon Bank
  • Mercantile Mortgage Corporation
  • Mid-City Financial Corp.
  • Montgomery Co. Housing Opportunities Commission
  • National Cooperative Bank
  • NationsBank Corporation
  • Patrician Financial
  • Provident Mutual
  • Re-Capitalization Advisors, Inc.
  • Reilly Mortgage Group
  • Riggs National Bank
  • Southern Management Corporation
  • U.S. Department of Housing & Urban Development
  • Washington Mortgage Financial Group

REIT Financing appraisals have been prepared for lenders for the following organizations:

  • Equity Residential (Zell)
  • Avalon Properties
  • Town & Country
  • Charles E. Smith
  • Home Properties

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Copyright © 1999
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