real estate finance, value, and investment … · carl grace megan j. judd richard w. mims...

7
FOR DETAILED INFORMATION/REGISTRATION: http://www.appraisalinstitute.org/education/ EastFlorida.aspx Or call the chapter office at 813-651-5904 FRIDAY, January 30, 2015 Sheraton Orlando North 600 N. Lake Destiny Drive, Maitland REAL ESTATE FINANCE, VALUE, AND INVESTMENT PERFORMANCE Registration 8:15 AM Seminar 8:30 AM5:00 PM Instructor: Vincent Dowling, MAI, SRA Cost: AI Price $175/ Full Price $190 Lunch Included All appraisers should be knowledgeable about financial markets, financial mathematics and how financial markets impact real estate values. In this hands on seminar, you’ll learn the relationship between debt and investment risk and value. You’ll understand how financial markets impact value and influence buyer behavior and investment decisions. You’ll leave this seminar knowing a new terminology that is important for all real estate appraisers today! AI CE Points75 FREAB7 hours pending MEMBERSHIP LUNCHEON 12:00 PM, Noon Sheraton Orlando North 600 N. Lake Destiny Drive, Maitland, FL . Cost: $25 Speaker: Lee Ossin, Crowne Atlantic Properties Topic: Going Concern Properties Lee Ossin is a Licensed Real Estate Broker at Crowne Atlantic Properties. Mr. Ossin has been in the business brokerage industry since 2004 and has worked on over 200 transactions. Throughout his time in business brokerage, Mr. Ossin has developed specialties in selling a wide and diverse range of businesses, with a focus on brokering restaurants, manufacturing and distribution businesses. Mr. Ossin graduated from the University of Florida with a Bachelor’s degree in Public Relations and a Master’s in Business Management. Currently, he is the Vice President of the Business Broker Association for Central Florida.

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Page 1: REAL ESTATE FINANCE, VALUE, AND INVESTMENT … · Carl Grace Megan J. Judd Richard W. Mims Affiliate Matthew Guy Minter NEW DESIGNEES KENNETH J. TERRELL, Jr., MAI THOMAS M. GLITTO,

FOR DETAILED INFORMATIONREGISTRATION httpwwwappraisalinstituteorgeducation

EastFloridaaspx Or call the chapter office at 813-651-5904

FRIDAY January 30 2015 Sheraton Orlando North

600 N Lake Destiny Drive Maitland

REAL ESTATE FINANCE VALUE AND

INVESTMENT PERFORMANCE

Registration 815 AM

Seminar 830 AMmdash500 PM

Instructor

Vincent Dowling MAI SRA

Cost

AI Price $175 Full Price $190

Lunch Included

All appraisers should be knowledgeable about financial markets financial mathematics and how financial markets impact real estate values In this hands on seminar yoursquoll learn the relationship between debt and investment risk and value Yoursquoll understand how financial markets impact value and influence buyer behavior and investment decisions Yoursquoll leave this seminar knowing a new terminology that is important for all real estate appraisers today

AI CE Pointsmdash75 FREABmdash7 hours pending

MEMBERSHIP LUNCHEON

1200 PM Noon

Sheraton Orlando North 600 N Lake Destiny Drive Maitland FL

Cost $25

Speaker

Lee Ossin Crowne Atlantic Properties

Topic Going Concern Properties

Lee Ossin is a Licensed Real Estate Broker at Crowne Atlantic Properties Mr Ossin has been in the business brokerage industry since 2004 and has worked on over 200 transactions Throughout his time in business brokerage Mr Ossin has developed specialties in selling a wide and diverse range of businesses with a focus on brokering restaurants manufacturing and distribution businesses Mr Ossin graduated from the University of Florida with a Bachelorrsquos degree in Public Relations and a Masterrsquos in Business Management Currently he is the Vice President of the Business Broker Association for

Central Florida

I am honored and look forward to serving as President of the East Florida Chapter in 2015 Over the years I have really enjoyed my service to the East Florida Chapter and I treasure the many relationships that have been formed along the way I have always tried to convey to as many students affiliate members and candidates as possible how much the Appraisal Institute has shaped my career The relationships I have formed with other Appraisal Institute members have directly impacted every job opportunity made available to me over the past 20 years In addition the Appraisal Institute has also provided me with unique professional opportunities to do things such as lobby congress members on pending real estate legislation in Washington DC (LDAC) and to be selected to the Real Estate Advisory Council at the University of Central Florida Without my Appraisal Institute membership and involvement these opportunities would not have been possible The Appraisal Institute has had a significant impact on my career and I continue to tell othershellip it can do the same for you if you just get involved With that said I am truly proud to be a member of this organization and to serve as your President in 2015 I want to personally thank the outgoing officers and directors that served the Chapter in 2014 as I feel we have a solid foundation to build upon I want to personally thank the Past President Nicholas Pilz MAI SRA AI-RRS for not only his leadership to the East Florida Chapter over these past four years but also to his contributions to Region X and National I believe Nick has set a great example for others to follow and I appreciate all that he has done for our membership We are coming off a tremendous year in 2014 with a record number of new designations an outstanding Central Florida Real Estate Valuation Forum and the Chapterrsquos revenues exceeded expenses I know the 2015 officers and directors are excited to try and match these impressive accomplishments while also finding new ways to improve our Chapter A few issues that I would personally like to address this year are our expanding our relationship with not only the University of Central Florida (UCF) real estate program but also with the other universities in Florida that offer real estate degree programs We have made pretty significant accomplishments in expanding the University Relations program over the past several years and there will be more opportunities coming in 2015 and beyond If you are interested in joining the University Relations Committee please contact me as there are a number of ways to contribute This year we are having two meetings that will give our membership an opportunity to invite their spouse significant other or entire family In November we had a Friday night dinner meeting at the Country Club of Orlando in which spouses were encouraged to attend The dinner included a cash bar and live band (Folk University) which was led by Michael Twitty MAI We also had a guest appearance by James Cooksey MAI on several songs The band played a wide range of rock-n-roll classics from the 1960rsquos to the 2000rsquos well into the evening There were many positive comments regarding this type of social dinner meeting where spouses are encouraged to attend While the details have not been finalized for the August meeting we are planning for another dinner meeting We are currently considering a couple hotel options in the Orlando tourist corridor This will give the membership an opportunity to stay overnight (if desired) and hang out with the family the following day at the pool hot tub spa fitness center etc If anyone from the membership has any comments or suggestions for the Chapter please feel to contact me at ryanzinkcap-valcom or 407-781-0233

PRESIDENTrsquoS MESSAGE Ryan Zink MAI

East Florida Chapter 1st Quarter 2015 2

Candidate Guidance Webinars The Appraisal Institute currently offers Webinars for all Candidates for Designation Members These include Webinars for the Comprehensive Exam Experience Review and the Demonstration Appraisal Report The Webinars are linked below Candidate Guidance Webinar Series Comp Exam

View this 35-minute presentation by Comprehensive Exam Panel Chair Jim Hartman MAI Candidate Guidance Webinar Series Experience

East Florida Chapter 1st Quarter 2015 3

WELCOME

Candidate Elizabeth Quinones Guzman

Matthew Stiefeld Donald C Stephens Jr

Practicing Affiliates

Carl Grace Megan J Judd

Richard W Mims

Affiliate Matthew Guy Minter

NEW DESIGNEES

KENNETH J TERRELL Jr MAI THOMAS M GLITTO MAI AI-GRS

WELCOME BACK

J RICHARD TUCK JR MAI RM

2015 FREAB Meetings February 9 April 7 June 1 August 3 October 5 December 7 The Division of Real Estate is now able to live stream their meetings The streaming is not recorded and it has limited space at this time If you are unable to access the meeting please try again later as access may become available during the day If you have connected to the live stream and no longer wish to view the meeting in progress please be sure to disconnect to allow others to access the live stream Please disable your PC audio and video camera prior to logging into the meeting Failure to do so will result in other users and attendees hearing and seeing you during the meeting 61J1-4003(7) Continuing EducationmdashA registrant licensee or certificate holder including a Board member may earn five (5) classroom hours by attending an entire meeting where the Board considers disciplinary cases for a maximum of seven (7) of the required thirty (30) hours provided that the individual is not appearing as a party to a disciplinary action and notifies the Division of Real Estate Education Section of the intent to attend at least seven (7) days prior to the meeting Contact Janice Taylor at least 7-days prior to the meeting to register please visit the website wwwmyfloridalicensecom gt Doing Business with Us gt Real Estate Division Page gt Florida Real Estate

Appraisal Board gt Meetings amp Workshops and print all publicly available materials as early as 7 days before the date of the meeting The department endeavors to minimize paper usage in all business practices

DID YOU KNOW hip

New Designation Education Pricing Policy for Practicing Affiliates At their November meeting the Board of Directors approved a new policy for designation education pricing for Practicing Affiliates Currently Practicing Affiliates pay full price to take designation education courses Effective January 1 2015 non-state certified Practicing Affiliates who would like to take and pass a designation education courseexam to satisfy the ldquoelectiverdquo requirement for their State Certification education will be eligible to receive a credit for the difference in cost between full price and the discounted AI price The credit may be applied toward one designation courseexam only

Supervisory AppraiserTrainee Appraiser Course As of January 1 all individuals who become Supervisory Appraisers and Trainee Appraisers will be required to take a SupervisoryTrainee course per the 2015 Real Property Appraiser Qualification Criteria This four-hour course will address the national minimum requirements responsibilities and expectations for Trainee Appraisers and Supervisory Appraisers that are included in the Appraiser Qualifications Boardrsquos required course outline

2015 Comp Exam Dates Applications for 2015 exams will be available after 123114 April 1mdashApril 30 2015 Application deadline February 25 August 1mdashAugust 31 2015 Application deadline June 20 November 1mdashNovember 30 Application deadline September 20 Questions compappraisalinstituteorg or call 312-335-4111

East Florida Chapter 1st Quarter 2015 4

Comprehensive Exam and Certified General Exam Prep Courses Gary DeWeese MAI and an instructor of advanced appraisal courses for more than 17 years is offering a series of live online webinars to help those preparing for the exams

Income Capitalization Approach Friday and Saturday February 20 - 21 2015 Sale Comparison Approach Friday February 27 2015 Cost Approach and HBU Saturday February 28 2015

These challenging fast-paced and test-like programs focus on the kinds of problems that one could see in the exams The cost is only $300 for the Income module and $150 each for the Sales and CostHBU modules They are conveniently offered in a live webinar format that will enable attendees to work on multiple choice type problems ask questions and examine solutions SPACE IS LIMITED Early registration is highly recommended For more information and to register go to

wwwgarydeweesecom If you have questions email or call Gary (garydeweesecomcastnet or 9252168751)These offerings were developed by Gary DeWeese and are not sponsored or endorsed by the Appraisal Institute

New Designee Gary Pendergast MAI

Timothy Wagoner SRA AI-RRS

East Florida Chapter 1st Quarter 2015 5

INSTALLATION 2014

EAST FLORIDA CHAPTER OF THE APPRAISAL INSTITUTE

2015 PRELIMINARY CALENDAR

January 12-16 Review Case StudiesmdashGeneral Fogo de Chaondash Orlando

30 Membership MeetingRE Finance Value amp Investment SheratonmdashMaitland

Winter Extravaganza

March 12-13 International Financial Reporting Standards Embassy SuitesmdashOrlando

12-13 Advanced Spreadsheet Modeling for Valuation Applications Embassy SuitesmdashOrlando

13 SupervisorTrainee La QuintamdashOrlando

14 Business Practice amp Ethics Embassy SuitesmdashOrlando

14 Residential Applications Part 2mdashUsing Excel Embassy SuitesmdashOrlando

April 17 Membership MeetingAppraising Condos Co-ops and PUDrsquos Sheraton

June 8-13 Advanced Concepts amp Case Studies U of PmdashOrlando

June 22-25 General Appraiser Report Writing amp Case Studies U of PmdashOrlando

August 21 Income Approach for Residential Appraisers TBD

October 26-30 Advanced Income Capitalization U of PmdashOrlando

November 10-14 Application amp Interpretation of Simple Linear Reg TBD

httpwwwappraisalinstituteorgeducationEastFloridaaspxmdash QuestionsmdashCall Lauren at 813-651-5904 or Laureneflaiorg

President Ryan Zink MAI

RyanZinkcap-valcom Vice President

Ira Bellinkoff MAI IraBellinkoffcap-valcom

Treasurer Elaine Liz-Ramirez MAI

Elaineramirezhancockbankcom Secretary

Ana Arroyo MAI anamiarroyogmailcom

Past President

Nicholas Pilz MAI SRA AI-RRS Nicholaspilzgmailcom

Directors (through 2015)

John Stevely MAI jstevelyfirstlightappraisalcom

Michelle Schultz Mchelleschultzbankofamericacom

Directors (through 2016) Christopher Starkey MAI

cstarkeyirrcom Thomas Jones MAI SRA tomappraisertomcom

Directors (Through 2017) George York Mills

Yorkmillsdot-stateflus David Herring SRA

herringappraisalgmailcom

Region Reps

Robert Sutte MAI SRA Stephen Boyle MAI

Cassandra Robinson MAI Christopher Starkey MAI

Ira Bellinkoff MAI

Alternate Region Reps Elaine Liz-Ramirez MAI Thomas Jones MAI SRA

Ana Arroyo MAI Admissions

James Cooksey MAI jimcookseyassociatescom

Bylaws Steven Albright MAI sjaaaaocalacom

Candidate Guidance Matthew Jehs MAI

Matthewjehst-a-wcom Education

Jacqueline Green SRA

greenappraisalcflrrcom David Herring MAI

herringappraisalgmailcom Finance

Elaine Liz-Ramirez MAI Elaine-ramirezhancockbankcom

Government Relations Richard Steeves MAI

Richsteevescap-valcom Newsletter

Susan Christman Susanchristmancbrecom

Nominating Nicholas Pilz MAI SRA AI-RRS

Nicholaspilzgmailcom Public Relations

Andrew Grossmann Andrewgrossmannsuntrustcom

Gary Craig gkcraig0108gmailcom

Chapter Executive Director 16765 FishHawk Blvd Suite 347

Lithia FL 33547 Tel 813-651-5904 Fax 813-464-7610 Laureneflaiorg

East Florida Chapter 1st Quarter 2015 5

Page 2: REAL ESTATE FINANCE, VALUE, AND INVESTMENT … · Carl Grace Megan J. Judd Richard W. Mims Affiliate Matthew Guy Minter NEW DESIGNEES KENNETH J. TERRELL, Jr., MAI THOMAS M. GLITTO,

I am honored and look forward to serving as President of the East Florida Chapter in 2015 Over the years I have really enjoyed my service to the East Florida Chapter and I treasure the many relationships that have been formed along the way I have always tried to convey to as many students affiliate members and candidates as possible how much the Appraisal Institute has shaped my career The relationships I have formed with other Appraisal Institute members have directly impacted every job opportunity made available to me over the past 20 years In addition the Appraisal Institute has also provided me with unique professional opportunities to do things such as lobby congress members on pending real estate legislation in Washington DC (LDAC) and to be selected to the Real Estate Advisory Council at the University of Central Florida Without my Appraisal Institute membership and involvement these opportunities would not have been possible The Appraisal Institute has had a significant impact on my career and I continue to tell othershellip it can do the same for you if you just get involved With that said I am truly proud to be a member of this organization and to serve as your President in 2015 I want to personally thank the outgoing officers and directors that served the Chapter in 2014 as I feel we have a solid foundation to build upon I want to personally thank the Past President Nicholas Pilz MAI SRA AI-RRS for not only his leadership to the East Florida Chapter over these past four years but also to his contributions to Region X and National I believe Nick has set a great example for others to follow and I appreciate all that he has done for our membership We are coming off a tremendous year in 2014 with a record number of new designations an outstanding Central Florida Real Estate Valuation Forum and the Chapterrsquos revenues exceeded expenses I know the 2015 officers and directors are excited to try and match these impressive accomplishments while also finding new ways to improve our Chapter A few issues that I would personally like to address this year are our expanding our relationship with not only the University of Central Florida (UCF) real estate program but also with the other universities in Florida that offer real estate degree programs We have made pretty significant accomplishments in expanding the University Relations program over the past several years and there will be more opportunities coming in 2015 and beyond If you are interested in joining the University Relations Committee please contact me as there are a number of ways to contribute This year we are having two meetings that will give our membership an opportunity to invite their spouse significant other or entire family In November we had a Friday night dinner meeting at the Country Club of Orlando in which spouses were encouraged to attend The dinner included a cash bar and live band (Folk University) which was led by Michael Twitty MAI We also had a guest appearance by James Cooksey MAI on several songs The band played a wide range of rock-n-roll classics from the 1960rsquos to the 2000rsquos well into the evening There were many positive comments regarding this type of social dinner meeting where spouses are encouraged to attend While the details have not been finalized for the August meeting we are planning for another dinner meeting We are currently considering a couple hotel options in the Orlando tourist corridor This will give the membership an opportunity to stay overnight (if desired) and hang out with the family the following day at the pool hot tub spa fitness center etc If anyone from the membership has any comments or suggestions for the Chapter please feel to contact me at ryanzinkcap-valcom or 407-781-0233

PRESIDENTrsquoS MESSAGE Ryan Zink MAI

East Florida Chapter 1st Quarter 2015 2

Candidate Guidance Webinars The Appraisal Institute currently offers Webinars for all Candidates for Designation Members These include Webinars for the Comprehensive Exam Experience Review and the Demonstration Appraisal Report The Webinars are linked below Candidate Guidance Webinar Series Comp Exam

View this 35-minute presentation by Comprehensive Exam Panel Chair Jim Hartman MAI Candidate Guidance Webinar Series Experience

East Florida Chapter 1st Quarter 2015 3

WELCOME

Candidate Elizabeth Quinones Guzman

Matthew Stiefeld Donald C Stephens Jr

Practicing Affiliates

Carl Grace Megan J Judd

Richard W Mims

Affiliate Matthew Guy Minter

NEW DESIGNEES

KENNETH J TERRELL Jr MAI THOMAS M GLITTO MAI AI-GRS

WELCOME BACK

J RICHARD TUCK JR MAI RM

2015 FREAB Meetings February 9 April 7 June 1 August 3 October 5 December 7 The Division of Real Estate is now able to live stream their meetings The streaming is not recorded and it has limited space at this time If you are unable to access the meeting please try again later as access may become available during the day If you have connected to the live stream and no longer wish to view the meeting in progress please be sure to disconnect to allow others to access the live stream Please disable your PC audio and video camera prior to logging into the meeting Failure to do so will result in other users and attendees hearing and seeing you during the meeting 61J1-4003(7) Continuing EducationmdashA registrant licensee or certificate holder including a Board member may earn five (5) classroom hours by attending an entire meeting where the Board considers disciplinary cases for a maximum of seven (7) of the required thirty (30) hours provided that the individual is not appearing as a party to a disciplinary action and notifies the Division of Real Estate Education Section of the intent to attend at least seven (7) days prior to the meeting Contact Janice Taylor at least 7-days prior to the meeting to register please visit the website wwwmyfloridalicensecom gt Doing Business with Us gt Real Estate Division Page gt Florida Real Estate

Appraisal Board gt Meetings amp Workshops and print all publicly available materials as early as 7 days before the date of the meeting The department endeavors to minimize paper usage in all business practices

DID YOU KNOW hip

New Designation Education Pricing Policy for Practicing Affiliates At their November meeting the Board of Directors approved a new policy for designation education pricing for Practicing Affiliates Currently Practicing Affiliates pay full price to take designation education courses Effective January 1 2015 non-state certified Practicing Affiliates who would like to take and pass a designation education courseexam to satisfy the ldquoelectiverdquo requirement for their State Certification education will be eligible to receive a credit for the difference in cost between full price and the discounted AI price The credit may be applied toward one designation courseexam only

Supervisory AppraiserTrainee Appraiser Course As of January 1 all individuals who become Supervisory Appraisers and Trainee Appraisers will be required to take a SupervisoryTrainee course per the 2015 Real Property Appraiser Qualification Criteria This four-hour course will address the national minimum requirements responsibilities and expectations for Trainee Appraisers and Supervisory Appraisers that are included in the Appraiser Qualifications Boardrsquos required course outline

2015 Comp Exam Dates Applications for 2015 exams will be available after 123114 April 1mdashApril 30 2015 Application deadline February 25 August 1mdashAugust 31 2015 Application deadline June 20 November 1mdashNovember 30 Application deadline September 20 Questions compappraisalinstituteorg or call 312-335-4111

East Florida Chapter 1st Quarter 2015 4

Comprehensive Exam and Certified General Exam Prep Courses Gary DeWeese MAI and an instructor of advanced appraisal courses for more than 17 years is offering a series of live online webinars to help those preparing for the exams

Income Capitalization Approach Friday and Saturday February 20 - 21 2015 Sale Comparison Approach Friday February 27 2015 Cost Approach and HBU Saturday February 28 2015

These challenging fast-paced and test-like programs focus on the kinds of problems that one could see in the exams The cost is only $300 for the Income module and $150 each for the Sales and CostHBU modules They are conveniently offered in a live webinar format that will enable attendees to work on multiple choice type problems ask questions and examine solutions SPACE IS LIMITED Early registration is highly recommended For more information and to register go to

wwwgarydeweesecom If you have questions email or call Gary (garydeweesecomcastnet or 9252168751)These offerings were developed by Gary DeWeese and are not sponsored or endorsed by the Appraisal Institute

New Designee Gary Pendergast MAI

Timothy Wagoner SRA AI-RRS

East Florida Chapter 1st Quarter 2015 5

INSTALLATION 2014

EAST FLORIDA CHAPTER OF THE APPRAISAL INSTITUTE

2015 PRELIMINARY CALENDAR

January 12-16 Review Case StudiesmdashGeneral Fogo de Chaondash Orlando

30 Membership MeetingRE Finance Value amp Investment SheratonmdashMaitland

Winter Extravaganza

March 12-13 International Financial Reporting Standards Embassy SuitesmdashOrlando

12-13 Advanced Spreadsheet Modeling for Valuation Applications Embassy SuitesmdashOrlando

13 SupervisorTrainee La QuintamdashOrlando

14 Business Practice amp Ethics Embassy SuitesmdashOrlando

14 Residential Applications Part 2mdashUsing Excel Embassy SuitesmdashOrlando

April 17 Membership MeetingAppraising Condos Co-ops and PUDrsquos Sheraton

June 8-13 Advanced Concepts amp Case Studies U of PmdashOrlando

June 22-25 General Appraiser Report Writing amp Case Studies U of PmdashOrlando

August 21 Income Approach for Residential Appraisers TBD

October 26-30 Advanced Income Capitalization U of PmdashOrlando

November 10-14 Application amp Interpretation of Simple Linear Reg TBD

httpwwwappraisalinstituteorgeducationEastFloridaaspxmdash QuestionsmdashCall Lauren at 813-651-5904 or Laureneflaiorg

President Ryan Zink MAI

RyanZinkcap-valcom Vice President

Ira Bellinkoff MAI IraBellinkoffcap-valcom

Treasurer Elaine Liz-Ramirez MAI

Elaineramirezhancockbankcom Secretary

Ana Arroyo MAI anamiarroyogmailcom

Past President

Nicholas Pilz MAI SRA AI-RRS Nicholaspilzgmailcom

Directors (through 2015)

John Stevely MAI jstevelyfirstlightappraisalcom

Michelle Schultz Mchelleschultzbankofamericacom

Directors (through 2016) Christopher Starkey MAI

cstarkeyirrcom Thomas Jones MAI SRA tomappraisertomcom

Directors (Through 2017) George York Mills

Yorkmillsdot-stateflus David Herring SRA

herringappraisalgmailcom

Region Reps

Robert Sutte MAI SRA Stephen Boyle MAI

Cassandra Robinson MAI Christopher Starkey MAI

Ira Bellinkoff MAI

Alternate Region Reps Elaine Liz-Ramirez MAI Thomas Jones MAI SRA

Ana Arroyo MAI Admissions

James Cooksey MAI jimcookseyassociatescom

Bylaws Steven Albright MAI sjaaaaocalacom

Candidate Guidance Matthew Jehs MAI

Matthewjehst-a-wcom Education

Jacqueline Green SRA

greenappraisalcflrrcom David Herring MAI

herringappraisalgmailcom Finance

Elaine Liz-Ramirez MAI Elaine-ramirezhancockbankcom

Government Relations Richard Steeves MAI

Richsteevescap-valcom Newsletter

Susan Christman Susanchristmancbrecom

Nominating Nicholas Pilz MAI SRA AI-RRS

Nicholaspilzgmailcom Public Relations

Andrew Grossmann Andrewgrossmannsuntrustcom

Gary Craig gkcraig0108gmailcom

Chapter Executive Director 16765 FishHawk Blvd Suite 347

Lithia FL 33547 Tel 813-651-5904 Fax 813-464-7610 Laureneflaiorg

East Florida Chapter 1st Quarter 2015 5

Page 3: REAL ESTATE FINANCE, VALUE, AND INVESTMENT … · Carl Grace Megan J. Judd Richard W. Mims Affiliate Matthew Guy Minter NEW DESIGNEES KENNETH J. TERRELL, Jr., MAI THOMAS M. GLITTO,

Candidate Guidance Webinars The Appraisal Institute currently offers Webinars for all Candidates for Designation Members These include Webinars for the Comprehensive Exam Experience Review and the Demonstration Appraisal Report The Webinars are linked below Candidate Guidance Webinar Series Comp Exam

View this 35-minute presentation by Comprehensive Exam Panel Chair Jim Hartman MAI Candidate Guidance Webinar Series Experience

East Florida Chapter 1st Quarter 2015 3

WELCOME

Candidate Elizabeth Quinones Guzman

Matthew Stiefeld Donald C Stephens Jr

Practicing Affiliates

Carl Grace Megan J Judd

Richard W Mims

Affiliate Matthew Guy Minter

NEW DESIGNEES

KENNETH J TERRELL Jr MAI THOMAS M GLITTO MAI AI-GRS

WELCOME BACK

J RICHARD TUCK JR MAI RM

2015 FREAB Meetings February 9 April 7 June 1 August 3 October 5 December 7 The Division of Real Estate is now able to live stream their meetings The streaming is not recorded and it has limited space at this time If you are unable to access the meeting please try again later as access may become available during the day If you have connected to the live stream and no longer wish to view the meeting in progress please be sure to disconnect to allow others to access the live stream Please disable your PC audio and video camera prior to logging into the meeting Failure to do so will result in other users and attendees hearing and seeing you during the meeting 61J1-4003(7) Continuing EducationmdashA registrant licensee or certificate holder including a Board member may earn five (5) classroom hours by attending an entire meeting where the Board considers disciplinary cases for a maximum of seven (7) of the required thirty (30) hours provided that the individual is not appearing as a party to a disciplinary action and notifies the Division of Real Estate Education Section of the intent to attend at least seven (7) days prior to the meeting Contact Janice Taylor at least 7-days prior to the meeting to register please visit the website wwwmyfloridalicensecom gt Doing Business with Us gt Real Estate Division Page gt Florida Real Estate

Appraisal Board gt Meetings amp Workshops and print all publicly available materials as early as 7 days before the date of the meeting The department endeavors to minimize paper usage in all business practices

DID YOU KNOW hip

New Designation Education Pricing Policy for Practicing Affiliates At their November meeting the Board of Directors approved a new policy for designation education pricing for Practicing Affiliates Currently Practicing Affiliates pay full price to take designation education courses Effective January 1 2015 non-state certified Practicing Affiliates who would like to take and pass a designation education courseexam to satisfy the ldquoelectiverdquo requirement for their State Certification education will be eligible to receive a credit for the difference in cost between full price and the discounted AI price The credit may be applied toward one designation courseexam only

Supervisory AppraiserTrainee Appraiser Course As of January 1 all individuals who become Supervisory Appraisers and Trainee Appraisers will be required to take a SupervisoryTrainee course per the 2015 Real Property Appraiser Qualification Criteria This four-hour course will address the national minimum requirements responsibilities and expectations for Trainee Appraisers and Supervisory Appraisers that are included in the Appraiser Qualifications Boardrsquos required course outline

2015 Comp Exam Dates Applications for 2015 exams will be available after 123114 April 1mdashApril 30 2015 Application deadline February 25 August 1mdashAugust 31 2015 Application deadline June 20 November 1mdashNovember 30 Application deadline September 20 Questions compappraisalinstituteorg or call 312-335-4111

East Florida Chapter 1st Quarter 2015 4

Comprehensive Exam and Certified General Exam Prep Courses Gary DeWeese MAI and an instructor of advanced appraisal courses for more than 17 years is offering a series of live online webinars to help those preparing for the exams

Income Capitalization Approach Friday and Saturday February 20 - 21 2015 Sale Comparison Approach Friday February 27 2015 Cost Approach and HBU Saturday February 28 2015

These challenging fast-paced and test-like programs focus on the kinds of problems that one could see in the exams The cost is only $300 for the Income module and $150 each for the Sales and CostHBU modules They are conveniently offered in a live webinar format that will enable attendees to work on multiple choice type problems ask questions and examine solutions SPACE IS LIMITED Early registration is highly recommended For more information and to register go to

wwwgarydeweesecom If you have questions email or call Gary (garydeweesecomcastnet or 9252168751)These offerings were developed by Gary DeWeese and are not sponsored or endorsed by the Appraisal Institute

New Designee Gary Pendergast MAI

Timothy Wagoner SRA AI-RRS

East Florida Chapter 1st Quarter 2015 5

INSTALLATION 2014

EAST FLORIDA CHAPTER OF THE APPRAISAL INSTITUTE

2015 PRELIMINARY CALENDAR

January 12-16 Review Case StudiesmdashGeneral Fogo de Chaondash Orlando

30 Membership MeetingRE Finance Value amp Investment SheratonmdashMaitland

Winter Extravaganza

March 12-13 International Financial Reporting Standards Embassy SuitesmdashOrlando

12-13 Advanced Spreadsheet Modeling for Valuation Applications Embassy SuitesmdashOrlando

13 SupervisorTrainee La QuintamdashOrlando

14 Business Practice amp Ethics Embassy SuitesmdashOrlando

14 Residential Applications Part 2mdashUsing Excel Embassy SuitesmdashOrlando

April 17 Membership MeetingAppraising Condos Co-ops and PUDrsquos Sheraton

June 8-13 Advanced Concepts amp Case Studies U of PmdashOrlando

June 22-25 General Appraiser Report Writing amp Case Studies U of PmdashOrlando

August 21 Income Approach for Residential Appraisers TBD

October 26-30 Advanced Income Capitalization U of PmdashOrlando

November 10-14 Application amp Interpretation of Simple Linear Reg TBD

httpwwwappraisalinstituteorgeducationEastFloridaaspxmdash QuestionsmdashCall Lauren at 813-651-5904 or Laureneflaiorg

President Ryan Zink MAI

RyanZinkcap-valcom Vice President

Ira Bellinkoff MAI IraBellinkoffcap-valcom

Treasurer Elaine Liz-Ramirez MAI

Elaineramirezhancockbankcom Secretary

Ana Arroyo MAI anamiarroyogmailcom

Past President

Nicholas Pilz MAI SRA AI-RRS Nicholaspilzgmailcom

Directors (through 2015)

John Stevely MAI jstevelyfirstlightappraisalcom

Michelle Schultz Mchelleschultzbankofamericacom

Directors (through 2016) Christopher Starkey MAI

cstarkeyirrcom Thomas Jones MAI SRA tomappraisertomcom

Directors (Through 2017) George York Mills

Yorkmillsdot-stateflus David Herring SRA

herringappraisalgmailcom

Region Reps

Robert Sutte MAI SRA Stephen Boyle MAI

Cassandra Robinson MAI Christopher Starkey MAI

Ira Bellinkoff MAI

Alternate Region Reps Elaine Liz-Ramirez MAI Thomas Jones MAI SRA

Ana Arroyo MAI Admissions

James Cooksey MAI jimcookseyassociatescom

Bylaws Steven Albright MAI sjaaaaocalacom

Candidate Guidance Matthew Jehs MAI

Matthewjehst-a-wcom Education

Jacqueline Green SRA

greenappraisalcflrrcom David Herring MAI

herringappraisalgmailcom Finance

Elaine Liz-Ramirez MAI Elaine-ramirezhancockbankcom

Government Relations Richard Steeves MAI

Richsteevescap-valcom Newsletter

Susan Christman Susanchristmancbrecom

Nominating Nicholas Pilz MAI SRA AI-RRS

Nicholaspilzgmailcom Public Relations

Andrew Grossmann Andrewgrossmannsuntrustcom

Gary Craig gkcraig0108gmailcom

Chapter Executive Director 16765 FishHawk Blvd Suite 347

Lithia FL 33547 Tel 813-651-5904 Fax 813-464-7610 Laureneflaiorg

East Florida Chapter 1st Quarter 2015 5

Page 4: REAL ESTATE FINANCE, VALUE, AND INVESTMENT … · Carl Grace Megan J. Judd Richard W. Mims Affiliate Matthew Guy Minter NEW DESIGNEES KENNETH J. TERRELL, Jr., MAI THOMAS M. GLITTO,

DID YOU KNOW hip

New Designation Education Pricing Policy for Practicing Affiliates At their November meeting the Board of Directors approved a new policy for designation education pricing for Practicing Affiliates Currently Practicing Affiliates pay full price to take designation education courses Effective January 1 2015 non-state certified Practicing Affiliates who would like to take and pass a designation education courseexam to satisfy the ldquoelectiverdquo requirement for their State Certification education will be eligible to receive a credit for the difference in cost between full price and the discounted AI price The credit may be applied toward one designation courseexam only

Supervisory AppraiserTrainee Appraiser Course As of January 1 all individuals who become Supervisory Appraisers and Trainee Appraisers will be required to take a SupervisoryTrainee course per the 2015 Real Property Appraiser Qualification Criteria This four-hour course will address the national minimum requirements responsibilities and expectations for Trainee Appraisers and Supervisory Appraisers that are included in the Appraiser Qualifications Boardrsquos required course outline

2015 Comp Exam Dates Applications for 2015 exams will be available after 123114 April 1mdashApril 30 2015 Application deadline February 25 August 1mdashAugust 31 2015 Application deadline June 20 November 1mdashNovember 30 Application deadline September 20 Questions compappraisalinstituteorg or call 312-335-4111

East Florida Chapter 1st Quarter 2015 4

Comprehensive Exam and Certified General Exam Prep Courses Gary DeWeese MAI and an instructor of advanced appraisal courses for more than 17 years is offering a series of live online webinars to help those preparing for the exams

Income Capitalization Approach Friday and Saturday February 20 - 21 2015 Sale Comparison Approach Friday February 27 2015 Cost Approach and HBU Saturday February 28 2015

These challenging fast-paced and test-like programs focus on the kinds of problems that one could see in the exams The cost is only $300 for the Income module and $150 each for the Sales and CostHBU modules They are conveniently offered in a live webinar format that will enable attendees to work on multiple choice type problems ask questions and examine solutions SPACE IS LIMITED Early registration is highly recommended For more information and to register go to

wwwgarydeweesecom If you have questions email or call Gary (garydeweesecomcastnet or 9252168751)These offerings were developed by Gary DeWeese and are not sponsored or endorsed by the Appraisal Institute

New Designee Gary Pendergast MAI

Timothy Wagoner SRA AI-RRS

East Florida Chapter 1st Quarter 2015 5

INSTALLATION 2014

EAST FLORIDA CHAPTER OF THE APPRAISAL INSTITUTE

2015 PRELIMINARY CALENDAR

January 12-16 Review Case StudiesmdashGeneral Fogo de Chaondash Orlando

30 Membership MeetingRE Finance Value amp Investment SheratonmdashMaitland

Winter Extravaganza

March 12-13 International Financial Reporting Standards Embassy SuitesmdashOrlando

12-13 Advanced Spreadsheet Modeling for Valuation Applications Embassy SuitesmdashOrlando

13 SupervisorTrainee La QuintamdashOrlando

14 Business Practice amp Ethics Embassy SuitesmdashOrlando

14 Residential Applications Part 2mdashUsing Excel Embassy SuitesmdashOrlando

April 17 Membership MeetingAppraising Condos Co-ops and PUDrsquos Sheraton

June 8-13 Advanced Concepts amp Case Studies U of PmdashOrlando

June 22-25 General Appraiser Report Writing amp Case Studies U of PmdashOrlando

August 21 Income Approach for Residential Appraisers TBD

October 26-30 Advanced Income Capitalization U of PmdashOrlando

November 10-14 Application amp Interpretation of Simple Linear Reg TBD

httpwwwappraisalinstituteorgeducationEastFloridaaspxmdash QuestionsmdashCall Lauren at 813-651-5904 or Laureneflaiorg

President Ryan Zink MAI

RyanZinkcap-valcom Vice President

Ira Bellinkoff MAI IraBellinkoffcap-valcom

Treasurer Elaine Liz-Ramirez MAI

Elaineramirezhancockbankcom Secretary

Ana Arroyo MAI anamiarroyogmailcom

Past President

Nicholas Pilz MAI SRA AI-RRS Nicholaspilzgmailcom

Directors (through 2015)

John Stevely MAI jstevelyfirstlightappraisalcom

Michelle Schultz Mchelleschultzbankofamericacom

Directors (through 2016) Christopher Starkey MAI

cstarkeyirrcom Thomas Jones MAI SRA tomappraisertomcom

Directors (Through 2017) George York Mills

Yorkmillsdot-stateflus David Herring SRA

herringappraisalgmailcom

Region Reps

Robert Sutte MAI SRA Stephen Boyle MAI

Cassandra Robinson MAI Christopher Starkey MAI

Ira Bellinkoff MAI

Alternate Region Reps Elaine Liz-Ramirez MAI Thomas Jones MAI SRA

Ana Arroyo MAI Admissions

James Cooksey MAI jimcookseyassociatescom

Bylaws Steven Albright MAI sjaaaaocalacom

Candidate Guidance Matthew Jehs MAI

Matthewjehst-a-wcom Education

Jacqueline Green SRA

greenappraisalcflrrcom David Herring MAI

herringappraisalgmailcom Finance

Elaine Liz-Ramirez MAI Elaine-ramirezhancockbankcom

Government Relations Richard Steeves MAI

Richsteevescap-valcom Newsletter

Susan Christman Susanchristmancbrecom

Nominating Nicholas Pilz MAI SRA AI-RRS

Nicholaspilzgmailcom Public Relations

Andrew Grossmann Andrewgrossmannsuntrustcom

Gary Craig gkcraig0108gmailcom

Chapter Executive Director 16765 FishHawk Blvd Suite 347

Lithia FL 33547 Tel 813-651-5904 Fax 813-464-7610 Laureneflaiorg

East Florida Chapter 1st Quarter 2015 5

Page 5: REAL ESTATE FINANCE, VALUE, AND INVESTMENT … · Carl Grace Megan J. Judd Richard W. Mims Affiliate Matthew Guy Minter NEW DESIGNEES KENNETH J. TERRELL, Jr., MAI THOMAS M. GLITTO,

New Designee Gary Pendergast MAI

Timothy Wagoner SRA AI-RRS

East Florida Chapter 1st Quarter 2015 5

INSTALLATION 2014

EAST FLORIDA CHAPTER OF THE APPRAISAL INSTITUTE

2015 PRELIMINARY CALENDAR

January 12-16 Review Case StudiesmdashGeneral Fogo de Chaondash Orlando

30 Membership MeetingRE Finance Value amp Investment SheratonmdashMaitland

Winter Extravaganza

March 12-13 International Financial Reporting Standards Embassy SuitesmdashOrlando

12-13 Advanced Spreadsheet Modeling for Valuation Applications Embassy SuitesmdashOrlando

13 SupervisorTrainee La QuintamdashOrlando

14 Business Practice amp Ethics Embassy SuitesmdashOrlando

14 Residential Applications Part 2mdashUsing Excel Embassy SuitesmdashOrlando

April 17 Membership MeetingAppraising Condos Co-ops and PUDrsquos Sheraton

June 8-13 Advanced Concepts amp Case Studies U of PmdashOrlando

June 22-25 General Appraiser Report Writing amp Case Studies U of PmdashOrlando

August 21 Income Approach for Residential Appraisers TBD

October 26-30 Advanced Income Capitalization U of PmdashOrlando

November 10-14 Application amp Interpretation of Simple Linear Reg TBD

httpwwwappraisalinstituteorgeducationEastFloridaaspxmdash QuestionsmdashCall Lauren at 813-651-5904 or Laureneflaiorg

President Ryan Zink MAI

RyanZinkcap-valcom Vice President

Ira Bellinkoff MAI IraBellinkoffcap-valcom

Treasurer Elaine Liz-Ramirez MAI

Elaineramirezhancockbankcom Secretary

Ana Arroyo MAI anamiarroyogmailcom

Past President

Nicholas Pilz MAI SRA AI-RRS Nicholaspilzgmailcom

Directors (through 2015)

John Stevely MAI jstevelyfirstlightappraisalcom

Michelle Schultz Mchelleschultzbankofamericacom

Directors (through 2016) Christopher Starkey MAI

cstarkeyirrcom Thomas Jones MAI SRA tomappraisertomcom

Directors (Through 2017) George York Mills

Yorkmillsdot-stateflus David Herring SRA

herringappraisalgmailcom

Region Reps

Robert Sutte MAI SRA Stephen Boyle MAI

Cassandra Robinson MAI Christopher Starkey MAI

Ira Bellinkoff MAI

Alternate Region Reps Elaine Liz-Ramirez MAI Thomas Jones MAI SRA

Ana Arroyo MAI Admissions

James Cooksey MAI jimcookseyassociatescom

Bylaws Steven Albright MAI sjaaaaocalacom

Candidate Guidance Matthew Jehs MAI

Matthewjehst-a-wcom Education

Jacqueline Green SRA

greenappraisalcflrrcom David Herring MAI

herringappraisalgmailcom Finance

Elaine Liz-Ramirez MAI Elaine-ramirezhancockbankcom

Government Relations Richard Steeves MAI

Richsteevescap-valcom Newsletter

Susan Christman Susanchristmancbrecom

Nominating Nicholas Pilz MAI SRA AI-RRS

Nicholaspilzgmailcom Public Relations

Andrew Grossmann Andrewgrossmannsuntrustcom

Gary Craig gkcraig0108gmailcom

Chapter Executive Director 16765 FishHawk Blvd Suite 347

Lithia FL 33547 Tel 813-651-5904 Fax 813-464-7610 Laureneflaiorg

East Florida Chapter 1st Quarter 2015 5

Page 6: REAL ESTATE FINANCE, VALUE, AND INVESTMENT … · Carl Grace Megan J. Judd Richard W. Mims Affiliate Matthew Guy Minter NEW DESIGNEES KENNETH J. TERRELL, Jr., MAI THOMAS M. GLITTO,

INSTALLATION 2014

EAST FLORIDA CHAPTER OF THE APPRAISAL INSTITUTE

2015 PRELIMINARY CALENDAR

January 12-16 Review Case StudiesmdashGeneral Fogo de Chaondash Orlando

30 Membership MeetingRE Finance Value amp Investment SheratonmdashMaitland

Winter Extravaganza

March 12-13 International Financial Reporting Standards Embassy SuitesmdashOrlando

12-13 Advanced Spreadsheet Modeling for Valuation Applications Embassy SuitesmdashOrlando

13 SupervisorTrainee La QuintamdashOrlando

14 Business Practice amp Ethics Embassy SuitesmdashOrlando

14 Residential Applications Part 2mdashUsing Excel Embassy SuitesmdashOrlando

April 17 Membership MeetingAppraising Condos Co-ops and PUDrsquos Sheraton

June 8-13 Advanced Concepts amp Case Studies U of PmdashOrlando

June 22-25 General Appraiser Report Writing amp Case Studies U of PmdashOrlando

August 21 Income Approach for Residential Appraisers TBD

October 26-30 Advanced Income Capitalization U of PmdashOrlando

November 10-14 Application amp Interpretation of Simple Linear Reg TBD

httpwwwappraisalinstituteorgeducationEastFloridaaspxmdash QuestionsmdashCall Lauren at 813-651-5904 or Laureneflaiorg

President Ryan Zink MAI

RyanZinkcap-valcom Vice President

Ira Bellinkoff MAI IraBellinkoffcap-valcom

Treasurer Elaine Liz-Ramirez MAI

Elaineramirezhancockbankcom Secretary

Ana Arroyo MAI anamiarroyogmailcom

Past President

Nicholas Pilz MAI SRA AI-RRS Nicholaspilzgmailcom

Directors (through 2015)

John Stevely MAI jstevelyfirstlightappraisalcom

Michelle Schultz Mchelleschultzbankofamericacom

Directors (through 2016) Christopher Starkey MAI

cstarkeyirrcom Thomas Jones MAI SRA tomappraisertomcom

Directors (Through 2017) George York Mills

Yorkmillsdot-stateflus David Herring SRA

herringappraisalgmailcom

Region Reps

Robert Sutte MAI SRA Stephen Boyle MAI

Cassandra Robinson MAI Christopher Starkey MAI

Ira Bellinkoff MAI

Alternate Region Reps Elaine Liz-Ramirez MAI Thomas Jones MAI SRA

Ana Arroyo MAI Admissions

James Cooksey MAI jimcookseyassociatescom

Bylaws Steven Albright MAI sjaaaaocalacom

Candidate Guidance Matthew Jehs MAI

Matthewjehst-a-wcom Education

Jacqueline Green SRA

greenappraisalcflrrcom David Herring MAI

herringappraisalgmailcom Finance

Elaine Liz-Ramirez MAI Elaine-ramirezhancockbankcom

Government Relations Richard Steeves MAI

Richsteevescap-valcom Newsletter

Susan Christman Susanchristmancbrecom

Nominating Nicholas Pilz MAI SRA AI-RRS

Nicholaspilzgmailcom Public Relations

Andrew Grossmann Andrewgrossmannsuntrustcom

Gary Craig gkcraig0108gmailcom

Chapter Executive Director 16765 FishHawk Blvd Suite 347

Lithia FL 33547 Tel 813-651-5904 Fax 813-464-7610 Laureneflaiorg

East Florida Chapter 1st Quarter 2015 5

Page 7: REAL ESTATE FINANCE, VALUE, AND INVESTMENT … · Carl Grace Megan J. Judd Richard W. Mims Affiliate Matthew Guy Minter NEW DESIGNEES KENNETH J. TERRELL, Jr., MAI THOMAS M. GLITTO,

EAST FLORIDA CHAPTER OF THE APPRAISAL INSTITUTE

2015 PRELIMINARY CALENDAR

January 12-16 Review Case StudiesmdashGeneral Fogo de Chaondash Orlando

30 Membership MeetingRE Finance Value amp Investment SheratonmdashMaitland

Winter Extravaganza

March 12-13 International Financial Reporting Standards Embassy SuitesmdashOrlando

12-13 Advanced Spreadsheet Modeling for Valuation Applications Embassy SuitesmdashOrlando

13 SupervisorTrainee La QuintamdashOrlando

14 Business Practice amp Ethics Embassy SuitesmdashOrlando

14 Residential Applications Part 2mdashUsing Excel Embassy SuitesmdashOrlando

April 17 Membership MeetingAppraising Condos Co-ops and PUDrsquos Sheraton

June 8-13 Advanced Concepts amp Case Studies U of PmdashOrlando

June 22-25 General Appraiser Report Writing amp Case Studies U of PmdashOrlando

August 21 Income Approach for Residential Appraisers TBD

October 26-30 Advanced Income Capitalization U of PmdashOrlando

November 10-14 Application amp Interpretation of Simple Linear Reg TBD

httpwwwappraisalinstituteorgeducationEastFloridaaspxmdash QuestionsmdashCall Lauren at 813-651-5904 or Laureneflaiorg

President Ryan Zink MAI

RyanZinkcap-valcom Vice President

Ira Bellinkoff MAI IraBellinkoffcap-valcom

Treasurer Elaine Liz-Ramirez MAI

Elaineramirezhancockbankcom Secretary

Ana Arroyo MAI anamiarroyogmailcom

Past President

Nicholas Pilz MAI SRA AI-RRS Nicholaspilzgmailcom

Directors (through 2015)

John Stevely MAI jstevelyfirstlightappraisalcom

Michelle Schultz Mchelleschultzbankofamericacom

Directors (through 2016) Christopher Starkey MAI

cstarkeyirrcom Thomas Jones MAI SRA tomappraisertomcom

Directors (Through 2017) George York Mills

Yorkmillsdot-stateflus David Herring SRA

herringappraisalgmailcom

Region Reps

Robert Sutte MAI SRA Stephen Boyle MAI

Cassandra Robinson MAI Christopher Starkey MAI

Ira Bellinkoff MAI

Alternate Region Reps Elaine Liz-Ramirez MAI Thomas Jones MAI SRA

Ana Arroyo MAI Admissions

James Cooksey MAI jimcookseyassociatescom

Bylaws Steven Albright MAI sjaaaaocalacom

Candidate Guidance Matthew Jehs MAI

Matthewjehst-a-wcom Education

Jacqueline Green SRA

greenappraisalcflrrcom David Herring MAI

herringappraisalgmailcom Finance

Elaine Liz-Ramirez MAI Elaine-ramirezhancockbankcom

Government Relations Richard Steeves MAI

Richsteevescap-valcom Newsletter

Susan Christman Susanchristmancbrecom

Nominating Nicholas Pilz MAI SRA AI-RRS

Nicholaspilzgmailcom Public Relations

Andrew Grossmann Andrewgrossmannsuntrustcom

Gary Craig gkcraig0108gmailcom

Chapter Executive Director 16765 FishHawk Blvd Suite 347

Lithia FL 33547 Tel 813-651-5904 Fax 813-464-7610 Laureneflaiorg

East Florida Chapter 1st Quarter 2015 5