Emerging Leaders Meeting
on
NEW DATE Wednesday, March 28th
The Massachusetts and Rhode Island Chapter of the Appraisal Institute’s Emerging Leaders Group was formed in early 2008 as a platform for young appraisers and real estate professionals to get involved with educational and networking events in Boston as well as a way for the Chapter to identify future Chapter Leaders.
Join us on Wednesday, March 28th for a pizza social as this group re-emerges. Attendees will have the chance to view key portions of the Babson Consulting presentation on attracting new recruits to the appraisal profession and participate in a roundtable discussion of the results. Other topics will include how the group can support candidates through the designation process
When: Wednesday, March 28th @ 6 PM
Where: Offices of Boston Financial Investment Management, 101 Arch Street, 13th Floor, Boston, MA
Following the meeting, attendees are invited for cocktails at Central Bistro Boston located in the same building.
Space is limited. This is a free event, but a RSVP is required.
Please respond to Lianne Andreucci @ office@ma-ri-me-appraisalinstitute.org to reserve a space.
New Balance Development’s Boston Landing – a MBTA Public Private Partnership
Wednesday, May 23rd @
Boston Landing | 80 Guest Street
Boston/Brighton, MA Followed by Cocktails and Bowling at Flatbread
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New Balance Development’s Boston Landing – a MBTA Public Private Partnership
The Massachusetts and Rhode Island Chapter is pleased to welcome a distinguished group of panelists with first hand knowledge of the process involved in public/private partnerships. The two hour CE program will include professionals directly involved in the development of Boston Landing in Brighton/Boston, the home of the Boston Bruins’ and soon to be Boston Celtics’ practice facilities. Following the two hour CE program, participants
are invited for networking, cocktails and light refreshments, at Brighton Bowl, a new candlepin bowling alley, located in Flatbreads at 75 Guest Street. The program will feature an overview of NB Development’s mixed-use Boston Landing complex with focus of the MBTA’s Public Private Partnership (P3) in constructing the new commuter rail station. It will also focus on the station’s impact on marketability and value as a transit-oriented development. Finally, the program will also discuss the new transit station as a catalyst for the overall neighborhood’s redevelopment. —Learn Valuation Information and Earn Two Hours of CE Credit— |
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Meet our Knowledgeable Panel The Massachusetts and Rhode Island Chapter of the Appraisal Institute is pleased to welcome a distinguished group of panelists to our upcoming Chapter meeting. Moderator
Panelists
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| Program Details
Schedule of Events 2:30 pm – Registration 3:00 pm – 5:00 pm – Two Hour CE Program Cost $50 AI Price: $75 Regular Price. Space is limited. Register now to guarantee your seat!
Continuing Education Credit
The program is approved for two hours of Appraisal Institute Continuing Education credit. Applications have been submitted to the Commonwealth of Massachusetts and the states of Rhode Island and New Hampshire. About Boston Landing
Boston Landing is Boston’s dynamic new neighborhood for businesses, families and shoppers pursuing active lives. Poised on the Mass Pike and easily accessible from anywhere in the city, it is the new home of the Celtics, the Bruins, and New Balance. Directions can be found here. Parking We are able to offer validated parking at the 80 Guest Street parking garage. Access to the garage is on the back service corridor which runs alongside the MassPike. |
Eminent Domain and Condemnation Appraisal Practice in Massachusetts – 2018
Earn 7 total hours of CE credit!
Presented by
The New England Chapter – IRWA
The Massachusetts and Rhode Island Chapter of the Appraisal Institute
MBREA| The Association for Valuation Professionals TM
The Massachusetts Department of Transportation – Highway Division
Thursday, September 20th from 8:00 am – 4:45 pm
Connelly Center @ the Federal Reserve Boston
600 Atlantic Avenue, Boston, MA
At this seminar, participants will dive into the condemnation process through a host of eminent domain experts from across the Commonwealth of Massachusetts. The seminar will feature several panel discussions and individual presentations on various right of way appraisal topics. Presenters will explore all phases of the right of way acquisition process, focusing on the appraiser’s critical role on the project team. Participants will learn valuable skills associated with appraising partial acquisitions, assessing damages, and providing expert testimony during litigation.
The seminar is sponsored in part by the Massachusetts Department of Transportation and MassDOT highly encourages all appraisers who wish to do business with the Highway Division to attend this educational seminar.
Program Schedule:
8:00 AM – Registration
8:30 AM – 4:45 PM – 7 Hour CE Program
Registration Fee (includes breaks, lunch, and materials):
- Member Rate (IRWA, AI, MBREA):$165*
- Non-Member Rate:$205
- Government Rate (MassDOT): $125
*IRWA and MBREA members who are not AI professionals should contact those organizations for a promo code to receive the member rate.
Continuing Education:
This program is approved for 7 Hours of CE credit by the Appraisal Institute and approved for 7 Continuing Education Units (CUEs) for IRWA recertification. Applications have been submitted to the Commonwealth of Massachusetts, the State of Rhode Island and the State of New Hampshire. It is the discretion of the Board to approve, disapprove and/or reduce the amount of CE credit for the course. 100% attendance is required to receive CE credit.
Topics Covered Include:
Introduction to Eminent Domain, Condemnation Theory and Defining the Basics – This session will provide an overview of the history of eminent domain, concepts, public purpose, just compensation and define terms.
o Bernard Baldassaro, Appraisal Administrator, MassDOT/Highway Division, Right of Way Bureau
o Richard K. Pino, MAI, R/W-AC, Petersen LaChance Regan Pino, LLC
o Christopher Quinn, Esq.
The Team Approach to Valuation – Panelists will provide input on how their work with the appraiser helps to facilitate an efficient acquisition of the necessary real property interests on a right of way project.
o Derrick Roma, PMP, SR/WA
o Matthew Curley, Project Engineer, Tetra Tech, US Infrastructure Division
o John DeLeire, Director, MassDOT Highay Division, Right of Way Bureau
o William Lachance, MAI, SRA, Petersen LaChance Regan Pino, LLC
o Robert LaVita, RE Director, RND Consultants, Inc.
The Importance of Highest and Best Use and its role in the Valuation Process – This session provides an introduction to the concept of Highest and Best Use (HBU) and explains why it is critical to the valuation process. The discussion will include the required legal, physical possible, financial and maximum profitability tests
o Rose Perrizo, MAI, Principal and Owner, RP Realty Advisors
o Steven R. Foster, MAI, Senior Vice President, Lincoln Property Company
o William Lyons, Jr., President and Founder, Fort Hill Companies
Partial Takings – Concepts and Valuation Issues – This session is presented around a series of case study examples illustrating valuation techniques, including Direct Damages – Consequential & Severance and Overburdening Considerations, the Challenges of Highest & Best Use in Before & After Analysis and Proximity Damage or Change in Highest & Best Use
o Ellen McDonald, Real Estate Appraiser and Market Analyst
o Bernard Baldassaro, Appraisal Administrator, MassDOT/Highway Division, Right of Way Bureau
o Donald Bouchard, CRE, MAI, Senior Vice President, Lincoln Property Company
o Gregory Story, Principal, AM Appraisal Associates
o Richard K. Pino, MAI, R/W-AC, Petersen LaChance Regan Pino, LLC
The Litigation Environment – This presentation features a panel of experienced attorneys and a former Superior Court Judge, discussing the litigation environment and what the appraiser should prepare for.
o Donald Bouchard, CRE, MAI, Senior Vice President, Lincoln Property Company
o John Bowen, Esq., Counsel, Rackemann, Sawyer and Brewster
o John Leonard, Esq., Law offices of John S. Leonard
o J. Owen Todd, Esq. Partner, Todd and Weld, LLP
Understanding the Impact of Casinos on Massachusetts Communities
Tuesday, May 21st @
Fort Port Room @ Atlantic Wharf | 290 Congress Street, Boston, MA
The Massachusetts and Rhode Island Chapter of the Appraisal Institute is pleased to welcome officials from the Massachusetts Gaming Commission as well as representatives from Springfield and Plainridge Massachusetts, two casino host communities to present Understanding the Impact of Casinos on Massachusetts Communities. Presentations will include an overview of the law and impacts expected from the new industry. There will also be a discussion of the process of selecting host and surrounding communities and ongoing community mitigation. Finally, there will be a presentation from the Massachusetts Gaming Commission’s Director of Research and Responsible Gaming who will discuss the commission’s public research work and focus to assess casino impacts on critical issues.
Presenters:
• Bruce Stebbins, Commissioner, Massachusetts Gaming Commissioner (MGC)
• John Ziemba – Ombudsman, MGC
• Edward Pikula – City Solicitor, Springfield, MA
• Richard Allen – Chairman of the Board of Assessors, Springfield, MA
• Jennifer Thompson – Town Administrator, Plainville, MA
• Maureen Clarke – Principal Assessor, Plainville MA
• Mark Vander Linden – Director of Research and Responsible Gaming, MGC
Schedule of Events
11:45 am – Registration
12:00 pm – Lunch and Chapter Business Meeting
12:30 pm – Two Hour CE Program
CE Credit: This program is approved for two hours of Appraisal Institute continuing education credit. Applications have been sent to the Massachusetts Board of Registration of Real Estate Appraisers and the States of New Hampshire and Rhode Island. It is the discretion of the Boards to approve, disapprove and/or reduce the amount of CE credit for the course.
The Election of 2020 Officers, Directors, and Regional Representatives will take place at the Chapter Business Meeting. Read the 2019 Report of the Nominating Committee here.
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September 25th @ 10:00 am – 2:30 pm
Save the Bay
100 Save the Bay Drive, Providence, RI
The Massachusetts and Rhode Island Chapter of the Appraisal Institute is pleased to welcome a distinguished group of panelists to share their insights and provide an overview of the cause and effect created by climate change. The panelists delve into an understanding of “at risk” property areas as well as some practical applications for appraisers to consider in appraising at risk properties.
- Topics Include:
- Economic and real property risk
- The current and future status of climate change, impacted by policy changes, resiliency legislation and state goals, adaptation and hazard mitigation
- The current financial and flood insurance regulatory environment including FEMA rules
Presentations will include:
- Rhode Island’s Vulnerable Coastline–Mr. Grover Fugate, Executive Director, RI Coastal Resources MC
- Narragansett Bay Will Change–Mr. Johnathan Stone, Executive Director Save the Bay
- Wetlands/Resiliency/Policy Solutions—Janet Coite, Director RI Dept. of Environmental Management
Impact on the Market–Realtor Perspective–TBA - Round Table Discussion – Real Estate Experts from the Banking, Appraisal and Sales profession discuss the practical impacts and unintended consequences of climate change in the Real Estate Profession
Schedule of Events:
9:30 am – Registration
10:00 am – Noon – AM Session*
Noon – Chapter Business Meeting and Lunch
12:30 pm – 2:30 pm – PM Session*
*Participants must attend both sessions to receive CE credit. No partial credit will be granted.
The Chapter meeting will include the presentation of designation certificates and the election to fill a vacant spot on the 2020 Chapter Board of Directors. View the Report of the Nominating Committee here.
Continuing Education Credit: This program is approved for four hours (4.0) of continuing education credit by the Appraisal Institute and the State of Rhode Island. Applications have been sent to the Commonwealth of Massachusetts and the state New Hampshire for 4.0 hours of continuing education credit. It is the discretion of the Board to approve, disapprove and/or reduce the amount of CE credit for the course. No approval will be granted in other states.
Location: AV-1 on the 3rd Floor at the Federal Reserve Boston, 600 Atlantic Avenue, Boston, MA
Program Schedule:
Registration and Continental Breakfast 7:30 am
CE Program: 8:00 am – 10:00 am
- Elizabeth Berthelette, Director of Research Newmark, Knight, Frank, Boston, MA
- Greg Klemmer, Executive Vice President, Colliers International, Boston, MA
- David Martel, Executive Managing Director, Newmark, Knight, Frank, Boston MA
- Alan Suzuki, Senior Director, Jones Lang LaSalle Americas, Inc., Boston, MA