The finest in appraisal education, professional development, and networking opportunities.

The finest in appraisal education, professional development, and networking opportunities.

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Chapter Bulletin

Appraiser Diversity Initiative

Appraiser Diversity Initiative

Interested in becoming an appraiser? Join the Appraisal Institute, Fannie Mae and Freddie Mac for more information on becoming an appraiser.

Conditions

Bon Voyage

August 12 @ 6 p.m.

As CCAI gets ready to say goodbye to our classroom space we would like to have a fitting fairwell for the room. Join us to say Bon Voyage to 205 W Wacker. Thank you to our Platinum Sponsor for the event – Valbridge Chicago.

scholarships

CCAI 2022 Scholarship Program

CCAI offers numerous scholarships for Practicing Affiliates and Candidates for Designation. Deadlines are March 1 and September 1.

CCAI Golf Outing

CCAI will have our golf outing and dinner on June 29, 2022 this year at Silver Lakes. This will be our last year at Silver Lakes. Please join us for this amazing event.

Appraisal Institute National Update Bulletin

AI News

New Appraisal Institute Book Explores Solutions to Complex Land Valuation Issues
Tue, 24 May 2022 08:30:00 GMT

Appraisers encounter many situations in which the value of land must be estimated, and some of these situations can present complex challenges, according to a book published by the Appraisal Institute, the nation’s largest professional association of real estate appraisers.

Appraisal Institute Reinstated as Sponsor of The Appraisal Foundation
Thu, 31 Mar 2022 08:30:00 GMT

The Appraisal Foundation today announced the Board of Trustees voted to reinstate the Appraisal Institute as an Appraisal Sponsor of The Appraisal Foundation.


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Industry News

Commercial Real Estate Investment During First Quarter Sets Record, JLL Reports   
Wed, 22 Jun 2022 12:30:00 GMT

Investment in commercial real estate is off to a strong start with a record $292 billion during the first quarter, according to JLL, MBA NewsLink reported June 15. Office sector investment was $81 billion, the most in 15 years, while hotel investment reached $16 billion, a 127% increase from the sam [...]

‘Little Evidence’ Housing Bubble is About to Burst: Moody’s
Wed, 22 Jun 2022 12:30:00 GMT

There is little evidence that a housing bubble is about to burst, according to Moody’s Analytics, GlobeSt.com reported June 13. Higher mortgage rates coupled with expensive housing should slow demand and cause prices to moderate. Moody’s also noted a lack of extreme speculation and overbuilding, two [...]


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Upcoming Events

Aug
03
Third Quarter Board of Directors Meeting
Thu, 04 Aug 2022 00:00:00 GMT

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Instructor Spotlight

Tom Hamilton, PhD, MAI, CCIM, CRE, FRICS

Tom Hamilton, PhD, MAI, CCIM, CRE, FRICS is the Fogelson Distinguished Chair at Roosevelt University's Chicago School of Real Estate and founder and president of Karvel-Hamilton Real Estate Analytics. For over 20 years Dr. Hamilton has taught graduate and undergraduate real estate valuation courses, and for 30 years he has conducted valuation and appraisal services for the telecommunication and public utility industries and for numerous local and state agencies in the valuation of real property. Dr. Hamilton holds a BS, MS and a PhD (Real Estate) from the University of Wisconsin-Madison and an MS (Finance) from the University of Wyoming...

Jeff Jacobson, MAI, SRA

Jeff Jacobson, MAI, SRA is Vice President at Jacobson and Associates, Real Estate Appraisals and Consulting, in Sycamore, Illinois. During his 25+ years in the valuation and consulting of real estate, Jeff has extensive experience as an appraiser, consultant, expert witness, and investor. Jacobson is an approved instructor for the Appraisal Institute and the State of Illinois and actively teaches qualifying education courses including the Supervisory Appraiser/ Trainee Appraiser Course, Income Capitalization, among others. Jeff earned his Bachelor of Science degree from Bradley University in Business Management and Administration with a minor...

Joe Mags, Joseph Magdziarz, MAI, SRA, AI-GRS, AI-RRS

Joe Mags, Joseph Magdziarz, MAI, SRA, AI-GRS, AI-RRS has been an active instructor for AI for the past three decades. He was the 2011 National President and has served on the Education Committee in many capacities including Chair. Joseph is qualified to facilitate numerous courses and seminars.

Joe Wallace, MAI

Joe Wallace, MAI, is the Co-Founder and Managing Partner, at Praedium Valuation Group (PVG), which is headquartered in Chicago, IL. Mr. Wallace began PVG in 2001 and today the firm has a diverse service offering, which includes commercial valuations, residential valuations, litigation support and consulting services. PVG's clients include attorneys, developers, title companies, mortgage lenders and public agencies, as well as corporate and institutional owners and investors.

John Urubek, MAI, CCIM

John Urubek, MAI, CCIM has been an appraiser for 40+ years and heavily involved in the Appraisal Institute's educational system for more than three decades. He is now approved to teach all general level and all advanced level courses needed to become an MAI. On a national level, he has served on the Curriculum, Body of Knowledge, and Education committees. Presently, he serves on the Board of Directors for the Chicago Chapter of the Appraisal Institute. He is a recipient of the national President's Award and the President's Award for the Chicago Chapter. He was extremely honored when inducted into the Instructor's Hall of Fame for the Chicago Chapter...

Kerry M. Jorgensen, MAI

Kerry M. Jorgensen, MAI is an active real estate appraiser and owns a small firm in Utah. He has been an instructor for the Appraisal Institute for more than 30 years and has served that organization as a chapter president and on the national board of directors, as well as on numerous committees and project teams. He has authored courses and seminars and is a contributor to the current editions of The Appraisal of Real Estate and The Dictionary of Real Estate Appraisal. Among his awards and honors are the 2014 Armstrong-Kahn Award - For Outstanding Original Article in the Appraisal Journal, the 2015 Dr. William N. Kinnard, Jr...

Randall Neff, MAI, SRA

Randall Neff is a partner in Neff Valuation Group in Peoria, Illinois. Neff Valuation Group is a diverse practice that completes valuations of residential, multifamily, commercial and industrial properties for a variety of client types. Randall has been an appraiser since 1982, primarily involved in the valuation of commercial and industrial properties. He has been an instructor for approximately 20 years.

Member Benefits

Y.T. & Louise Lum Library

Enjoy 24/7 access to a world class research library. Select from thousands of articles, documents, industry research and more.

Find an Appraiser

Become a part of AI's comprehensive appraiser database that lists AI professionals from all over the world. It has become an indispensable resource to those seeking valuation services, as well as a source of business for appraisers themselves.

Career Center

Utilize the AI Career Center which serves as a resource for job seekers and employers alike, specializing in opportunities in the field of real estate appraisal.

AI Business Tools

Market and increase the visibility of your business with business cards and self-promotion templates highlighting your AI designation. Access report writing tools and resources on common appraisal business practices.

Education and Publications

Globally recognized education and texts at substantial savings

Industry Tools

State of the art commercial software products and support services to make your practice more productive

Annual Conference

Join your colleagues and AI thought leaders at this 3-day education conference and expo.

Leadership Development and Advisory Council (LDAC)

The Leadership Development & Advisory Council (LDAC) is a group of dedicated appraisers who come together once a year in Washington, D.C., to formulate solutions to problems and challenges faced by the appraisal profession.

Chapter Leadership Program

Don’t miss this valuable, information-packed event. A must attend event for: Incoming chapter presidents (attendance required), Chapter Executive Directors, other Chapter Officers, Executive Council Members and Committee Chairs.

Communities of Practice

Discuss hot topics, exchange ideas, share documents and other resources, and stay connected to your colleagues.

Leadership Resource Registry

Gain leadership skills and experience by volunteering to serve at the local, regional or national level.

AI Support Services and Charitable Entities

Services to support you and opportunities to support the profession

Insurance

Safeguard your practice and family through our partner programs selected expressly for you

Business Services and Other Discounts

Discounts on office support services, travel, AI apparel & more

Find An Appraiser

Search the Appraisal Institute's comprehensive appraiser database that lists professionals from all over the world. It has become an indespensible resource to those seeking valuation services, as well as a source of business for appraisers themselves.

This Directory lists real estate appraisers who are Designated Members, Candidates for Designation, or Practicing Affiliates of the Appraisal Institute.

Designated members who hold the MAI, SRPA, SRA, AI-GRS and AI-RRS designations have met rigorous requirements relating to education, experience and demonstration of knowledge, understanding and ability.

Find an Appraiser

What Our Members Say

"The Chicago Chapter of the Appraisal Institute offers the best real estate appraisal education in the industry. The Chapter offers many gatherings, ranging from meetings, seminars, classes and social events which allowed me to meet and mingle with like minded professionals and expand my network"

-David Binz, SRA

"Being a designated member has opened many doors. I get inquiries from all around the country looking for work from MAI's. I have also made many friends and have enjoyed the classes and seminars. I think anyone involved in the real estate industry would benefit working with AI. The Chicago Chapter of the Appraisal Institute is a comfortable facility with a friendly and knowledgeable staff."

-Bruce Darata, MAI

"CCAI has a proud history as being "the" innovative leader and influence in the Appraisal Institute. An aspiring appraiser cannot find a better environment or mentor network that encourage success. It offers outstanding opportunities in appraisal education and leadership. Many members have developed national fame for their specialties, published books and journal articles, seminars, and contributions to the profession. CCAI is truly a treasure. Nearing the end of my career, I personally realize the importance of CCAI in where I've been, what I've done, what I've learned."

-Richard C. Sorenson, MAI

"Whether just starting your career or already established, membership in The Appraisal Institute provides a wide variety of quality education options, consistently high ethical standards, and a variety opportunities to network with other appraisers, and related real estate and financial market participants."

-Karen T. Emerle, SRA

"Benefits of membership include up-to-date continuing education, opportunities to serve the appraisal professionals in the industry in various capacities, social interaction and access to a vast network of appraisal professionals. An MAI since 1984, and a member of the Chicago Chapter since1981, I strongly believe the Chicago Chapter of the Appraisal Institute could be an advantageous association for anybody who desires to be in the appraisal industry."

-Michael A. Wolin, MAI SRA

"The Appraisal Institute is the premier professional organization in the appraisal industry and the MAI designation is the most prestigious in the industry and widely recognized world-wide. The Chicago Chapter of The Appraisal Institute is an important appraisal industry organization that advocates for its members through educational services, legislative activities and social activities."

-John C. Satter, MAI

"Being a member of the Chicago Chapter of the Appraisal Institute has provided me with many wonderful networking opportunities with other appraisers from all over the country. Classes are offered at convenient locations both downtown and in the suburbs. The Chicago Chapter has provided me with an outstanding education through their vast offerings of qualifying education on my path to designation as well as continued education course offerings to help maintain my state licenses. I have made many great friends and colleagues at the Chicago Chapter, and am honored to be a part of this professional organization."

-Alexandra M. Meade, MAI, AI-GRS

"I joined the Chicago Chapter of the Appraisal Institute because of the excellent educational resources afforded members and the ability to speak with seasoned veterans of the Chicago Chapter of the Appraisal Institute. It is truly difficult to find fellow appraisers that truly understand the business and have such a depth of insightful knowledge. The Chicago Chapter is the proverbial North Star of chapters, in my opinion, as the depth of appraisal knowledge in the Chicago chapter runs from rural to urban properties and from nationwide to worldwide properties. Every commercial and residential appraiser would benefit from joining the Chicago Chapter just to be well informed and to have the ability to call a knowledgeable fellow appraiser for those complex assignments or insight into running a fee shop."

-Mark T. Gasick, SRA, AI-RRS

"The Chicago Chapter of the Appraisal Institute has been a great source of education to advance my career in the real estate appraisal industry. It also offers many opportunities for networking with my peers, as well as serving the organization."

-Cameron Rex, MAI

"The Chicago Chapter of the Appraisal Institute has established itself as one of the leading providers of appraiser education and training in the country, and actually the world. With the expansion and establishment of the four different designations, MAI, SRA, AI-GRS, and AI-RRS, education and training is more important than ever in the advancements of our careers as appraisers. Become a member of the Chicago Chapter and give some of your time and energy to make it great. It really is going to give back to you as much as you give to the organization and more. Whether it be sponsorships, or donations of time, it will make a difference in your life and career as an appraiser."

-Mark S. Whitsitt, SRA

"Prior to joining the Chicago Chapter, the leadership was very helpful to me, when I approached them with questions. So, I joined the chapter. Since joining, leadership opportunities have been made available to me that were not available at other chapters. I have also participated as a member. The members have been very supportive of me and helpful in my journey. I have enjoyed my time with the chapter members and hope to continue to do so."

-L. Stacy Letton, MAI, SRA

"As the owner of a small appraisal firm, I often struggle to find new opportunities to meet leaders and experienced appraisers in our industry. Becoming a member of the appraisal institute and getting involved in the chapter, has given me access to a vast network of these professionals, and has been the single greatest decision I have made as a leader, appraiser and a business owner."

-Sam Louise, Standard Valuation Services

"The Chicago chapter of the appraisal institute is a wonderful resource for continuing education and appraisal networking. I look forward to the annual conditions of the market seminar every year."

-Susan Z. Ulman, MAI

"Joining the Chicago Chapter of the Appraisal Institute was a defining moment in my career and over time has converted my business into a professional firm. The appraisal industry is changing and building strong relationships with other professionals is essential to staying ahead. Nowhere else can you find better real estate valuation experts."

-Kenneth J. Mrozek, Jr., MAI, SRA

"The Chicago Chapter’s website is my go-to resource in finding appraisers for my firm. In addition to being able to post available positions, I also can take a look at appraisers who are seeking work. This is a great resource available to Appraisal Institute members and affiliates."

-Kent D. Steele, MAI

"Becoming a member of the Chicago Chapter of the Appraisal Institute provided me an opportunity to network, as well as, employment opportunities. The majority of my employment opportunities were due to membership and access to the CCAI website. The benefits are surmountable when it comes to membership discounts on courses, educational offerings, employment postings, scholarship opportunities, etc. The Chicago Chapter of The Appraisal Institute is a professional powerhouse for real estate appraisers and other professional organizations of real estate services."

-Barbara Neal

"I have found the instructors at the Chicago Chapter and the fellow members are extremely willing to help others in this profession to succeed. Their help extends beyond the classroom into ones daily business practice. The Chicago Chapter of The Appraisal Institute has provided me with the tools to help me be better prepared for the challenges facing our profession. CCAI has been and continues to be made up of people who recognize a need and are willing to work to fill that need to improve the organization or a fellow member, often at great sacrifice to their own to their own needs."

-John G McMahon, SRA, AI-RRS

"The local chapter has the most comprehensive and frequent CE and QE offerings available to appraisers. The Staff at CCAI always WOW's the membership in customer service."

-Keith Wolf, SRA, AI-RRS

"The Chicago Chapter of The Appraisal Institute provides one of the largest networks of appraisers in the US. To be a part of the Chicago Chapter has not only benefitted person growth but professional growth as well. I believe any company would benefit with working with the CCAI. With an extensive membership and networking opportunities there is no limit to the cross impacts between business. The CCAI values its members and looks out for their best interests. To be as successful as it has been year over year is a testament to the strength its community."

-Kenneth Konrath, MAI

"I feel honored to be affiliated with what I considered to be some of the best appraisers in the country. The Chicago Chapter of the Appraisal Institute keeps me up to date with issues and I stay informed of the changes in the profession, some I even had to privilege of participating in their development. The Chicago Chapter gave me a good foundation for my career and has sustained me as I near retirement. But, one of the most important benefits are the relationships I developed with other members of the Chapter that have created lasting friendships."

-Sharon Bagby, SRA

"The Chicago Chapter of the Appraisal Institute provides high quality professional education, industry support, interesting social events and chances to become involved and meet with other appraisers. If you are looking to expand your appraisal knowledge and network with other appraisers, the chapter is by far the best option."

-Keith Solomon, MAI

Chicago Chapter of the Appraisal Institute Scholarships

These scholarships are funded by the Chicago Chapter of the Appraisal Institute. To learn more about the Chicago Chapter of the Appraisal Institute’s Scholarships visit this site. To make a donation or if you have any questions please contact Sarah Walsh at sarah@ccai.org.

Appraisal Institute Scholarships

These scholarships are funded by the Appraisal Institute Education Trust (AIET). To learn more about the AIET, visit the Appraisal Institute Education Trust. Or visit the Charitable Entities section to make a donation. Please email educationtrust@appraisalinstitute.org if you have any questions.

Newly Designated Members

MAI Members

MAI Members

Adam Cline, MAI

Lauren Michelle Trilling, MAI

 

 

 

 

 

SRA Members

SRA Members

Andrew Voorheis, SRA

DaShawn A. Weaver-Drew, SRA

 

 

AI-GRS Members

AI-GRS Members

Alan R. Geerdes, MAI, AI-GRS

 

        

AI-RRS Members

AI-RRS Members

 

 

 

Chicago Chapter of The Appraisal Institute Newsletter

Get news and updates from the Chicago Chapter of the Appraisal Institute sent directly to you!

Click the button below to get started!

Job Board

Posted Jobs

Commercial Appraiser - Real Estate Risk Sr. Officer - SVP

Tue, 14 Jun 2022 19:30:19 GMT

This will be a 100% remote position Perform critical reviews of externally prepared commercial appraisals to ensure that the value conclusions are accurate and that the report is in compliance with all necessary requirements. Primary area of responsibility is Midwest and South US. Report to Regional Appraisal Manager for the Midwest and South region. May be asked from time to time to head up an ad hoc team for valuation due diligence or a special project. Responsible for managing the day-to-day appraisal reviews for which they have been assigned. Contract with vendors; manage vendors to on-time delivery and quality product and maintain the timely status of each assignment on a common job tracking system. Prepare market studies for a metropolitan area. Provide market intelligence to the lenders on a specific deal. Prepare internal appraisals. Perform sensitivity analyses for property cash flow projections. Resolve any issues that are not compliant with Citibank policies or conclusions that are not reasonable. Advise risk managers in addressing complex real estate issues. May evaluate feasibility of a complex investment. Objectively provide risk managers with a balanced view of the risk associated with a given property. Opportunity to work with a wide variety of property types across the US ranging from small, single assets to large portfolios. Minimum of 7+ years of appraisal experience with at least 3 years in a lending institution. Should have Bachelor Degree and may have advanced degrees. Must have completed and passed all Appraisal Institute classes necessary for the MAl designation, or equivalent education. Must be a state Certified General Appraiser. Have outstanding breadth and depth of appraisal expertise that includes all common property types (apartments, retail, office, industrial, land, and subdivisions) in addition to special purpose properties (hotels, assisted living, convenience stores, gas stations, etc.), as well as affordable housing. Must have a strong sense of the characteristics affecting value in their region. Highly productive and efficient as a reviewer. Work autonomously and require little direction for single properties as large as $100MM+ in value. Would be considered Subject Matter Expert for commercial appraisal. Proficient computer skills for MS Office. Outstanding proficiency in Argus DCF software and MS Excel. Must have a comprehensive understanding of USPAP in addition to Fannie Mae, Freddie Mac and SBA appraisal requirements. Must have a good understanding of FIRREA and all other subsequent Regulatory Policies concerning appraisals. Outstanding analytical skills. Strong interpersonal skills. Work well under pressure and multi-task. Outstanding organization and management skills. Must have strong verbal and written communication skills. Capable of being effective in decision making and outstanding problem solving skills. Sustain good relationships with internal clients and external consultants. https://citi.wd5.myworkdayjobs.com/2/job/Telecommuter-Illinois-United-States/Commercial-Appraiser---Real-Estate-Risk-Sr-Officer---SVP_22492597 ------------------------------------------------- Job Family Group: Risk Management ------------------------------------------------- Job Family: Real Estate Risk ------------------------------------------------------ Time Type: Full time ------------------------------------------------------ Citi is an equal opportunity and affirmative action employer.



Senior Commercial Review Appraiser

Tue, 14 Jun 2022 13:52:42 GMT

Wells Fargo is seeking a Senior Commercial Review Appraiser. As a commercial review appraiser, the candidate will be expected to review valuation assignments of commercial properties to ensure completeness, accuracy and compliance with bank policies and procedures, industry standards and regulatory requirements. The candidate must be able to work independently with a minimal amount of supervision and is expected to meet production goals as well as service and high quality standards. Job Opening ID: R-171142 Visit wellsfargojobs.com for complete details and to apply. For additional information, contact Recruiter Debbie Fischer at Debbie.Fischer@wellsfargo.com This position is 100% remote, but should reside in Illinois. Required Qualifications, US: 4+ years of Commercial Valuations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, and/or education Certified General Appraiser License Desired Qualifications: Experience both as a fee appraiser and financial institution (or similar) reviewer Strong, clear and concise written and oral communication skills Strong technical skills with appraisal related tools including Argus Enterprise, Microsoft Office, and Collateral 360 preferred Excellent organization, analytical and problem solving skills with high attention to detail and accuracy Ability to take initiative, meet deadlines and work independently with minimal supervision in a structured environment Interact with integrity and a high level of professionalism with all levels of team members and management Professional Valuation designation

DEBBIE FISCHER
Debbie.Fischer@wellsfargo.com


Commercial Real Estate Underwriter

Thu, 09 Jun 2022 13:04:53 GMT

Commercial Real Estate Underwriter Office locations include Chicago near Rosemont or Lincoln Park, Deerfield IL, Hickory Hills IL, Milwaukee, Madison WI, Minneapolis, Indianapolis, and Evansville IN. The First Midwest Bank and Old National Bank (NASDAQ: ONB) merger has created the 6th largest commercial bank based in the Midwest and 28th largest bank in the U.S. with $46 billion in total assets, an additional $33 billion in wealth management assets, 270 branches in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota and Wisconsin, and approximately 4,000 employees. We are a relationship-focused financial institution providing a full range of commercial, treasury management, capital markets, equipment leasing, consumer, mortgage, wealth management, trust and private banking products and services. POSITION SUMMARY: You will be responsible for performing financial analysis and underwriting for lower to midlevel Commercial Real Estate loan transactions. You are expected to provide clear, concise, and accurate financial analysis and risk assessment for new and existing clients. Effectively interact and build collaborative relationships with commercial relationship managers, credit officers, administrative assistants, loan operations colleagues, appraisers, and examiners. REQUIRED EDUCATION, EXPERIENCE AND SKILLS: Minimum 1-7 years of experience in commercial real estate appraisal or credit analysis with demonstrated skills in areas such as rent rolls, leases, cash flow, market analysis, and guarantor analysis for commercial real estate loans. Skilled with MS Office and proficient with financial spreading software Strong analytical, organizational skills along with the ability to prioritize multiple projects. Pleasant interpersonal skills and effective communication skills, both written and verbal. Occasional travel to other offices or client locations. Ability to clearly communicate risk criteria, respond objectively and with confidence when challenged and involve the Divisional Credit Officer as appropriate. Bachelor’s degree in business with a major in finance or accounting. DUTIES/RESPONSIBILITIES: Conduct in depth review of rent rolls, leases, income statements, CoStar, appraisal reports, environmental reports, guarantor financials, and other financial information to determine, independently that the borrower can generate income and cash flow sufficient to repay existing and proposed debt. Independently prepare well written approval presentations, including what is being requested, why it is being requested, analysis of the property’s market and location, the background and history of the sponsor, and key risks and mitigating factors. Such presentations should also justify assigned risk rating and show that the Bank policies, procedures, and regulations are met. A network of financial and legal professionals to support the knowledge necessary to for necessary analysis. Maintain controls to ensure compliance with consumer protection regulations in a defined area of responsibility. Assist in training new team members, which may include underwriters, rotational analysts (LEADs), and interns. Underwriter Specific Duties: Assist Commercial Relationship Managers (RMs) in managing workflow via a pipeline process. Prioritization of new prospects, renewals/upcoming maturities, material modifications, as well as developing a working knowledge of prospective opportunities. Review and analyze financials including rent rolls, leases, operating statements, guarantor personal financial statements, global cash flow statements, and tax returns. Review third party reports such as real estate appraisals, CoStar market reports, property condition reports, environmental reports, and/or property inspections. Accompany Commercial RMs on client and prospect calls in conjunction with completion of the underwriting process of Commercial Real Estate loans. Interact with clients to ensure receipt of financial information necessary to support the underwriting process of Commercial loans. Old National Bank continually looks for highly motivated and talented individuals. Our people are critical to the Bank's strategy and success. In return we offer competitive salaries, a bonus plan, outstanding benefits like 401K plus 5% company contribution, a great vacation plan, certification and continuing education support, and opportunities for career growth. https://www.oldnational.com/about/working-at-old-national/our-company



Commercial RE Appraisal Reviewer

Thu, 26 May 2022 22:00:31 GMT

Come join the Wintrust Commercial Appraisal Review Team! We are looking for a Certified General licensed appraiser to join our expanding team of reviewers. The position entails conducting formal/written technical appraisal reviews for due diligence purposes. Properties associated with these commercial real estate loans are located nation-wide & include those existing, proposed new construction, redevelopment, and adaptive reuse. They consist of multi-family, mixed use, office, industrial, retail, senior housing, special purpose, senior housing and going concerns. The position also includes formal review of various types of Environmental Assessment reports (Phase I ESAs). This is NOT an entry-level position, although bank and environmental review experience is not mandatory. The successful candidate will have expertise in DCF analysis & an extensive valuation background. We offer a flexible hybrid working environment (in-office/remote), annual bonus program, support for Continuing Education and dues. Holidays, weekends and personal time is yours to have along with great benefits. Contact me for more information or you can apply directly to our role from the below link: https://wintrust.wd1.myworkdayjobs.com/Search/job/Vernon-Hills-IL/Commercial-Real-Estate-Appraisal-Reviewer_221388

Holly McQuestion
hmcquestion@wintrust.com


Commercial RE Appraisal Reviewer

Thu, 26 May 2022 21:17:31 GMT

Come join the Wintrust Commercial Appraisal Review Team! We are looking for a Certified General licensed appraiser to join our expanding team of reviewers. The position entails conducting formal/written technical appraisal reviews for due diligence purposes. Properties associated with these commercial real estate loans are located nation-wide & include those existing, proposed new construction, redevelopment, and adaptive reuse. They consist of multi-family, mixed use, office, industrial, retail, senior housing, special purpose, senior housing and going concerns. The position also include formal review of various types of Environmental Assessment reports (Phase I ESAs). This is NOT an entry-level position, although bank and environmental review experience is not mandatory. The successful candidate will have expertise in DCF analysis & an extensive valuation background. We offer a flexible hybrid working environment (in-office/remote), annual bonus program, support for CE and dues. Holidays, weekends and personal time is yours to have along with great benefits. Contact me for more information and how to apply.

Holly McQuestion
hmcquestion@wintrust.com


Appraisers Seeking Positions

Appraiser Trainee

Sat, 26 Mar 2022 1:49:22 GMT

Hello, My name is Tynisha Belk. I am seeking an appraiser trainee position in the Chicagoland area and its surrounding suburbs (or within 50 miles of my location). I am currently a full-time Senior Conflicts Analyst at a law firm. I have a Broker’s license and prior work experience in valuation services and I am looking to gain (paid) experience with a Supervisor based on their needs. I have completed all the appraisal trainee coursework (Basic Principles, Basic Procedures, and USPAP) through McKissock and have a goal of obtaining my license in April. I strive to maintain accuracy and consistency in task completion, individual performance and team goal-achievement, using acute attention to detail. Additionally, I offer organization, critical thinking and scheduling flexibility. My goal is to apply property valuation and market research to support increased efficiency. I believe my interpersonal and evaluating property condition abilities will provide an invaluable asset to your team. I would welcome the opportunity for an interview to further discuss the position and the ways in which I can positively impact. If you have any questions or would like to connect with me, feel free to reach out to me via email belkrealty@gmail.com I am looking forward to hearing from you soon.

Tynisha Belk
belkrealty@gmail.com


ICAP Logo

CCAI is a proud sponsor of the Illinois Coalition of Appraisal Professionals!

+The Appraisal Institute writes a letter to the House Veterans’ Affairs Committee
Mon, 16 May 2022 0:00:00 GMT

The letter express concern and opposition to H.R. 7735, the “Improving the VA Home Loan Benefit Act,” which if enacted, could degrade the VA Home Loan Program and home buying process for Veterans.

The letter states that the Appraisal Institute continues to hear anecdotal concerns about the VA appraisal process compared to the conventional or FHA process and urges further investigation into these claims before taking extreme action to radically change what is roundly a successful program.

To view full update login to the ICAP website.

+ICAP Signed a Letter to the Editor
Thu, 07 Apr 2022 0:00:00 GMT

ICAP along with the Chicago Chapter of the Appraisal Institute as well as the National Organization of the Appraisal Institute wrote a letter to the Editor of The Chicago Sun Times.  The letter comes in response to a recent article in the Chicago Sun Times titled “Ending racial bias in home appraisals”.

To view full update login to the ICAP website.

+About Desktop Appraisals
Wed, 23 Mar 2022 0:00:00 GMT

Leveraging the wealth of big data, the power of advanced analytics, and the speed of technology, appraisers can perform desktop appraisals without physically inspecting the property.  This fact sheet provides a summary for reference only. All criteria are subject to the formal terms and conditions of the Selling Guide

To view full update login to the ICAP website.

+UAD Redesign Report To Industry Stakeholders
Fri, 18 Mar 2022 0:00:00 GMT

Fannie Mae and Freddie Mac have issued a report describing the input and development process for the new Uniform Residential Appraisal Report (URAR), which will replace individual appraisal report forms on a future date.

To view full update login to the ICAP website.

+Waters demands investigation following appraiser email
Fri, 25 Feb 2022 0:00:00 GMT

The congresswoman demanded the Department of Housing and Urban Development Sec. Marcia Fudge launch a “systemic fair housing investigation into housing valuation discrimination.” 

To view full update login to the ICAP website.

Classroom Rental

Video created by Jason Burley

When looking for stat-of-the-art conference facilities in a convenient downtown Chicago loation, look no further thatn the Chicago Education & Conference Center. Located along the Chicago River on Wacker Drive, we have combined the art and science of hosting a business meeting or conference ensuring every event is a success.

The Art
When you walk down the marble-lined hallway you will find two sophisticated conference rooms, each surrounded with beautifully carved wood panels, 18 foot high ceilings and a full 1,750 square feet of meeting space with seating for up to 68. You will also be surprised to learn that by simply removing the soundproof dividing wall the two rooms can be combined for 3,500 square feet and seating for up to 136 participants.

The Science
In addition to our elegance, you will find state-of-the-art technology. Unlike most conference centers which charge you outrageous fees for equipment, these two conference rooms come complete with wireless internet access, computer data projection, audio and video conferencing, white boards, tablet PC's and document projection at no extra cost. We even include our on-site technology staff, ensuring your conference will proceed flawlessly.

Our Sponsors

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2019 Installation Celebration!