Start Date: 10/16/2023 8:30 AM EDT
End Date: 10/19/2023 12:30 PM EDT
Venue Name: Live-Streaming on Zoom
2023 New England Appraisers Expo
Register for all three Expo sessions with one click!
General, Commercial & Residential 10-Hour Bundle
Scheduling: The 2023 New England Appraisers Expo General, Commercial, and Residential Sessions will take place on October 16, 2023 from 8:45 a.m. to 1:00 p.m. and October 17 & 19, 2023 from 8:45 a.m. to 12:00 p.m.
Attendance: We are required to track each participants attendance which will be done through poll questions which will launch periodically throughout both days of the programs. We will not be able to award CE credit to participants who fail to answer all the poll questions.
Members: (AI and MBREA): $280
AI members who are not MBREA members should obtain a code from the Chapter office.
All Others: $330.00
Everyone saves $30 when you register before October 2, 2023
|General Session -- October 16,2023
Economic Update Christopher L. Foote, Ph.D
Senior Research Economist and Policy Advisor, Federal Reserve Bank of Boston
Dr. Foote's presentation will encompass an update on regional and national influences affecting real estate and the economy.
Director of Government and External Relations, Appraisal Institute
Mr. Garber will draw upon his insider knowledge of affairs affecting the appraisal profession in Washington, D.C. and discuss new initiatives to bring a new generation of appraisers into the profession.
Artificial Intelligence, ChatGPT and Appraisal: Practical Applications
Mark Linné, MAI, SRA, AI-GRS
Mr. Linne's presentation provides both residential land commercial appraisers with a comprehensive introduction to the field of artificial intelligence (AI) and its applications in the appraisal industry.
|Commercial Session -- October 17, 2023
This panel will kick of the commercial real estate component with a focus on macro-economic trends that are impacting the commercial real estate sector. Topics such as interest rates, debt liquidity and other key market fundamentals will be addressed, nationally and within New England. Paula Thoreen will discuss details around the NCREIF (National Council of Real Estate Investment Fiduciaries) Open End Diversified Core Equity Index that reports on institutional grade valuations with a focus on office, industrial and retail. Paula will also address sector specific market outlooks from the perspective of institutional investors and how this is being addressed in valuations.
Economic Update & ODCE Fund Valuations
Deputy Chief Economist, Global Head of Forecasting, Cushman & Wakefield
Head of Institutional Valuations at Cushman & Wakefield
Overview: The multifamily sector has cooled in recent months after record setting growth. This session will address property market fundamentals that impact affordability, supply and demand, occupancy and rent growth. These trends and fundamentals provide critical insights for appraisers and other commercial real estate analysts to properly assess the market when determining market valuations.
Multifamily Trends, US and New England
Head of Multifamily Insights, Cushman & Wakefield
Going Concern Valuations
Overview: The panel will discuss valuation methodology and trends for two of the more popular property types that require a going concern valuation, hotels, and hospitality. Both sectors have experienced extreme volatility in recent years but were impacted differently by the recent pandemic. The panelists will discuss sector specific trends, market outlook, and how market valuations should be approached in today’s environment.
Senior Managing Director, LW Hospitality Advisors
Senior Managing Director and Seniors Housing Practice Lead at Integra Realty Resources
|Residential Session -- October 19, 2023
|Lyle Radke of Fannie Mae, and Scott Reuter of Freddie Mac will participate in a session moderated by Richard Lipof when each will overview collateral policy changes that directly affect residential appraisers. Topics include appraisal modernization, desktop and hybrid assignments, guidance for defining neighborhoods and comparable selection, reporting of market conditions and more.
Jeff Bradford of Bradford Technologies will wrap up the morning with a presentation on future opportunities for appraisers due to the intended and unintended consequences of the GSE’s appraisal modernization initiative. Included in the presentation will be a comparison between the current “traditional” appraisal process and the new “modern” appraisal process. An overview of new technologies such as GIS, Artificial Intelligence, 3D imagery, and web-based processing and their effect on the appraisal process will be covered.
State Approvals - as of September 15, 2023
||General Session (4-Hrs)
||Commercial Session (3-Hrs)
||Residential Session (3-Hrs)
|Note: Sessions labeled R/NR (Massachusetts) may be used by all licensees for CE credit.
AI Points: The 7-hour General and Commercial or General and Residential sessions are 35 AI Points. The 3-hour Commercial or Residential sessions are 15 AI Points each.