1013 US-1
Edison
NJ 08817
4:00 – 6:00 pm seminar
6:00 – 8:00 pm Golf/Dinner
Registration deadline: July 13, 2023
NJ State: 2 credits pending
Instructor: Michael Pratico, Jr., CCIM, AI-GRA, Chief Appraiser, Columbia Bank, Jerry Kaminek Regional Vice President, Columbia Bank
Topic: This 2 hour seminar will feature the Chief Appraiser of Columbia Bank, who will discuss how lenders and buyers are analyzing real estate deals in the current lending environment. The seminar will specifically focus on identifying any changes in the three approaches to value that the bank is seeing in this market, such as changes to cap rates, market conditions adjustments and construction costs. Furthermore, in the absence of recent data, the discussion will involve quantifying and supporting the appraiser’s conclusions throughout the appraisal. The seminar will be followed by 2 hours of TopGolf and dinner.
2 credits, golf and dinner included