Calendar

8:00 AM – 8:15 AM – Opening Remarks   

SCCAI General Member Meeting

Ernesto Lopez, MAI – 2025 SCCAI President

Economics – Global to Local

Ed Coulson – Director, Center for Real Estate at UCI

Break

Capital Markets

Break

Office Market

Break 

Multifamily Market

Michael Tidwell, SRA – Cushman & Wakefield

Break

Hotel Market

Justin Myers – Atlas Hospitality

Break

Retail Market

Patrick Toomey – IPA

Industrial Market

Justin Smith – Lee & Associate

Break

Southern California Housing 

5:00 pm Closing Remarks

Orell Anderson, MAI

Fulfills BREA’s new appraiser CE requirement for elimination of bias and cultural competency.

3 CE Hours

November 21, 2024

8:30 am – 11:30 am

Virtually – Via Zoom 

• The class will be presented live in a Zoom meeting.

• All students must participate by having working video and audio on a computer (this is a requirement for virtual CE presentations). Watching on a phone is not sufficient.

• There is no exam for this class.

• Plan on joining a class 15 minutes before the actual teaching start time to ensure that you can login to the Zoom meeting.

Photo Verification: REQUIRED

As part of the required attendance monitoring, all students need to provide the Chapter Office with a copy of your Driver’s License in advance of the offering.

• Simply take a picture of your DL with your phone or send a scanned copy to lianna@sccai.org

• Registrants who have not yet forwarded their photo IDs will be ineligible for credit and will be prohibited from attending the seminar

Required Equipment

It is the student’s responsibility to have the required equipment – dependable Internet access, computer, webcam and microphone.  As noted in the material section below, some registrants who opt not to print out the seminar materials may find a secondary device (Ipad, cell phone, laptop or desktop computer) helpful during instruction.

Course description:

In my class, you’ll get up-to-date information from attorney Peter Christensen about what is really happening in the courts and in administrative bodies relating to alleged discrimination in appraising from an attorney who is presently handling cases and investigations. You’ll learn keyways to work on eliminating bias and reduce your legal risk. You’ll also learn why “cultural competency” knowledge and skills are truly important for appraisers – you’ll see how a lack of cultural competency has led appraisers into legal quagmires.

Instructor: Peter Christensen

I serve as General Counsel and Chief Compliance Officer to BBG Inc., a nationwide commercial real estate appraisal and property assessment firm. I also teach classes and speak about valuation-related legal topics to appraisers, lenders and regulators.

I am a member of the California, Montana and Washington state bars, as well as a licensed insurance broker. After earning my BS and JD degrees at U.C. Berkeley, I began my legal career at Latham & Watkins LLP. I later served as general counsel to the largest provider of professional liability insurance to appraisers and valuation businesses.

I enjoy traveling the country to meet with and teach my classes to valuation professionals, lenders and regulators – so far, I’ve taught classes in 48 states. I’m based in Bozeman, Montana and serve as a public representative on the Montana Board of Real Estate Appraisers. I also serve as a board member of Eval.com, a company that provides real estate evaluation services to financial institutions nationwide.

Mandatory Requirement for Initial State Licensing / Certification (QE) and Renewal (CE)

Includes the required open-book exam

Instructor: Jacinto A. Munoz, MAI, SRA, AI-GRS, AI-RRS

Appraisers recognize that they have regulatory obligations but understanding which ones apply when doing federally related and real estate related lender work is challenging. A review of sanctions and disciplinary actions taken against appraisers by the Bureau of Real Estate Appraisers makes it clear that many details and nuances of the appraiser laws and regulations are being misunderstood. Common, unintentional errors impact both the reputations of individual appraisers as well as confidence in the competency and ethics of the appraisal profession. This seminar is designed to help you recognize and understand the laws and regulations most important to appraisers practicing in California.

– Learn about the revised & reduced AQB RP Appraiser Qualification Criteria effective May 2018
– Understand the context of and recent amendments to the California “Laws” & “Regs”
– Find out about your new “mini-resume” on the BREA website
– Understand BREA’s new & revised definitions that affect your daily appraisal practice
– Become familiar with the new Federal & California Appraisal Management Company (AMC) Laws & Regs
– Look out for these BREA laws that result in immediate license suspension

ENROLLMENT

Enrollment is on a first-come, first served basis. If the event is filled, a waiting list will be retained. The Southern California Chapter reserves the rights to cancel, limit, or reschedule this event if the minimum enrollment level is not reached, and to change faculty assignments and facility locations at any time. Prospective students should confirm their registration before making any non-refundable airline reservations. There are NO transfers; you must cancel out of the offering.

ATTENDANCE

The Appraisal Institute enforces attendance requirements mandated by state licensing and certification regulatory agencies. The Appraisal Institute issues certificates for state certification/licensing or state continuing education credit that verify successful completion and attendance of 100%, with your grade notification letter for courses, or at the conclusion of seminars. One hundred percent (100%) attendance is required for all Appraisal Institute education programs. This follows Appraiser Qualification Board minimum criteria requirements.

ATTENDANCE CERTIFICATE:

With the recent transition to the Appraisal Institute’s NetForum registration system, attendance certificates will be available for download directly through the AI’s national website. The procedure to obtain your certificate is:

Go to www.appraisalinstitute.org

Log into Your AI Account

Select Education/Events on the right sidebar

See List of All Offerings

Scroll to the specific offering which shows Registered and click

At the very bottom of the screen, click Retrieve Certificate

NOTE: Allow a minimum of ten business days for certificates to be available. The Chapter office cannot view, nor can we retrieve copies of your attendance certificate. Anyone having difficulty accessing their certificate should contact the Education Delivery Services Dept. directly at education@appraisalinstitute.org.

Program materials can be downloaded by the student.

TOPIC: Basics of property Insurance what appraisers need to know

Joe Derhake, Founder and CEO of the nation’s top third-party due diligence firm for commercial real estate, will discuss the L.A. Fires and other climate-related disasters from an engineering and environmental perspective. As extreme weather events become more frequent and severe, property insurance rates are soaring—sometimes making assets uninsurable. To combat the effects of the insurance crisis and mitigate climate-related risk, savvy investors are using due diligence data to boost climate resilience and negotiate better insurance rates. Mr. Derhake will discuss these strategies, as well as how his firm has helped property owners understand and mitigate the environmental impact of the L.A. fires on their properties.

In light of 2025 Los Angeles wildfires, Thomas Dawson, ASA will introduce Insurance fundamentals as personal property appraisers: how to communicate the value of appraisal services for insurance purposes to client, empower client to ask the right questions to insurance agent, understand the relationship and duties of the insured and insurer in an insurance contract, the claim function, and real-world examples.

SPEAKERS: Joseph Derhake, PE

Joseph Derhake, PE, is CEO of Partner Engineering and Science, Inc., the industry leader in engineering and environmental due diligence consulting. With over 25 years of experience as a professional engineer, Mr. Derhake has delivered consulting services for thousands of real estate transactions, subsurface investigations, and site remediation projects for leading national corporations, lenders, and real estate investors. Through this, Mr. Derhake and Partner have been afforded great access to key policy credit managers with national and regional lenders providing the opportunity to participate in the writing and reviewing of environmental and engineering due diligence policies for many large financial institutions. With the combined insight from his technical background, business expertise, and knowledge of real estate finance, Mr. Derhake offers unique perspective on the current state and future of the commercial real estate industry.

Thomas Dawon, ASA

Thomas Dawson, ASA, is an experienced insurance professional, appraiser, and musician with over a decade of expertise in the insurance industry. Since 2017, he has provided professional appraisals for musical instruments, music collections, valuable manuscripts, and other high-value assets. While managing a P&C insurance agency, he insured millions of dollars worth of personal property, from vehicles and jewelry to fine art and collectibles. In 2016, he became a certified commercial insurance specialist and has quoted, written, and managed thousands of insurance policies covering personal property, homes, autos, businesses, and more. His expertise bridges the gap between insurance and appraisals, ensuring accurate valuations. Beyond insurance and appraisals, Dawson is an accomplished guitarist, music producer, and editor. He has collaborated with top industry producers, performed with platinum-selling artists, and negotiated music synchronization licenses for nationally broadcast commercials. A University of Oregon School of Music graduate, he taught guitar for over a decade and has been an ASCAP member and publishing company owner since 2008.

Bryan will be able to give expert, first-hand perspective on the environmental impact of the LA fires and related mitigation efforts.

Bryan Hill, CAC, Technical Director at Partner Engineering and Science, Inc., has over 20 years of experience and professional guidance in environmental consulting and industrial hygiene services, including 15 years in wildfire assessment and response. A California Certified Asbestos Consultant, he specializes in indoor air quality assessment, hazardous materials management, and disaster response services.

Combining the analytical processes of market analysis, highest and best use, and income valuation, this course is intended for those who have taken and passed the General Appraiser Market Analysis and Highest & Best Use course and have a thorough understanding of the mathematical and financial principles necessary to perform appraisals of income-producing properties. Building on the Level B marketability analyses that were applied in General Appraiser Market Analysis and Highest & Best Use, you will perform Level C marketability analysis using fundamental analysis and study several real estate markets in a fictional city. You’ll explore the economic base of the fictional city, which serves as the subject and example of both physical and economic forces that affect all communities and consequently all real estate. You’ll also work through four case studies (apartment and condominium conversion, retail, industrial, and land with potential for mixed-use development) that demonstrate both the power of fundamental market analysis and its application to highest and best use decisions.