5:00 to 6:00 PM Meet and Greet with appetizers

6:00 to 8:00 PM Seminar

Instructors: Justin Gohn, MAI, SRA, CRE and Chandra Mast, CGA, BCA

This seminar provides real estate appraisers with a comprehensive understanding of how artificial intelligence is transforming the appraisal profession. Moving beyond basic chatbot interactions, the seminar explores the emerging “agentic” AI paradigm where AI systems can autonomously execute multi-step tasks, integrate with existing workflows, and assist with research, data collection, and report production. Participants will learn how AI augments rather than replaces professional judgment, and how to position themselves for success in the evolving landscape of knowledge work.

This workshop introduces modern “frontier” AI and how it can be used responsibly in real estate and valuation workflows. Participants will learn what these models can and can’t do, how to choose the right platform (ChatGPT, Claude, Gemini), and how to set basic personalization/privacy controls before using AI professionally. This session emphasizes prompt design fundamentals and practical, repeatable exercises to move from “whiz-bang” demos to reliable outputs – while staying grounded in confidentiality, transparency, and professional judgement.

Credits: 10 Points AI, 2 credits NJ

8:00 – 8:20 am Registration and coffee/muffins

8:20  – 8:30 am Welcome

8:30 –  9:30 am The Meadowlands: The Road to the World Cup

Jim Kirkos

As president of the Meadowlands Chamber of Commerce, Jim Kirkos will discuss economic development in the Meadowlands Region of Northern New Jersey. Highlighting the plans that helped the Meadowlands land the site of the World Cup finals in 2026.

9:30 – 10:30 am  Green Energy Mandates and Local Law 97

Edward Lombardo

10:30 – 12:00 pm  The State of the Economy

James Hughes, PHD

Mr. Hughes is a university professor and dean emeritus of the Edward J. Bloustein School of Planning and Public Policy at Rutgers University. Mr. Hughes will discuss the state of the economy and outlook for 2026 and beyond. This session will discuss critical issues for the regional economy and how those issues may affect real estate valuations.

12:00 – 1:00 pm Lunch

1:00 – 2:00    Industrial Real Estate Market

Andrea Nestico

This Session will discuss the current state of New Jersey’s Industrial, Market. Mr. Nestico will discuss trends and expectations that are pertinent to real estate professionals and necessary to estimate market values in the current economic environment.  This presentation will focus on the forces driving real estate valued, including supply and demand trends, pricing and CAP rates. Development activity and trends impacting values within the “The Meadowlands” and the NY/NJ Metropolitan region will also be examined.

2:00 – 3:30    Eminent Domain Valuation

Scott Branco

This Session will compare and contrast appraising for financing and appraising for condemnation and will illustrate methods used to appraise partial interest takings. Mr. Branco will explore the skills needed and typical issues and concerns relevant to appraising for condemnation.

3:30 pm – 4:30 pm            Affordable Housing

Dave Carlon

This session will discuss types of affordable housing: Public Housing, Section 8, Low Income Housing Tax Credit and Portable Vouchers. Preservation of housing and new housing construction/creation of new units will also be discussed.

Early Registration Fee: $225 Appraisal Institute members, $245 non-members

Registration April 18 or later: $250 Appraisal Institute members, $270 non-members

Morning Break, Lunch and Afternoon Break is included in registration.

There will be a cancellation fee of $25 after registration

Cancellations April 29 or after will not be refunded.

CE:

AI: 35 points, NJ, NY, Tax Assessor – pending