May
9
Thu
Women’s Initiative Committee (WIN) @ Mijares Restaurant
May 9 @ 4:00 pm – 6:00 pm

Additional Information

WIN So Cal is looking forward to hosting our members for an in-person meeting on Thursday, May 9th from 4-6pm.

This meeting is in lieu of our normal monthly zoom meetings. Please see details below.

Mijares Restaurant

145 Palmetto Drive

Pasadena, CA

Thursday, May 9th @ 4pm

Disclaimer Information

THERE IS NO CE FOR THIS EVENT

May
21
Tue
EASTERN BRANCH MEETING – Pasadena Architectural Home Tour – Timeless Classics @ Rose Bowl Aquatic Center Parking Lot
May 21 @ 12:30 pm – 4:00 pm
Course Description

TOPIC: Pasadena Architectural Home Tour – Timeless Classics

Charles Baker, SRA, AI-RRS will present an architectural home tour in the San Gabriel Valley, including the areas of Pasadena, South Pasadena and San Marino. Riding aboard a first-class tour bus, we will visit 25-30 architecturally significant and historic residences. The tour will include architectural bios and interesting facts on the original owners. Mr. Baker will touch on architectural terminology, design elements, valuation issues, historic preservation and current trends. The bus will also drive by the historic Huntington Hotel and the Vista del Arroyo Hotel; as well as the house portrayed in the “Father of the Bride” movies and Dynasty television series.  A list of architects includes Marston & Van Pelt, Wallace Neff, Greene & Greene, Frank Lloyd Wright, Elmer Grey, Myron Hunt, Gregory Ain and others. Mr. Baker appraised most properties on the tour.

SPEAKER:

Charles Baker, SRA, AI-RRS is a residential appraiser based in Pasadena, CA, and the owner of AppraisalPros.com, Inc. He began his career in 1988 and has developed a specialty in high-end and historical residences in Southern California. He is Past-President of the Southern California Chapter of the Appraisal Institute, past LDAC attendee and DL, current Chair of the California Government Relations Subcommittee, and seminar developer and instructor. As an investor he has also bought, rehabbed, managed, and sold residential real estate and vacant land in three states.

 

Event Information

 

Pick Up Location:

Rose Bowl Aquatic Center parking lot;

360 N Arroyo Blvd, Pasadena, CA 91103-3201

Check In: 12:30 PM

Tour: 1:00 PM -4:00 PM

 

TOPIC: Pasadena Architectural Home Tour – Timeless Classics

Charles Baker, SRA, AI-RRS will present an architectural home tour in the San Gabriel Valley, including the areas of Pasadena, South Pasadena and San Marino. Riding aboard a first-class tour bus, we will visit 25-30 architecturally significant and historic residences. The tour will include architectural bios and interesting facts on the original owners. Mr. Baker will touch on architectural terminology, design elements, valuation issues, historic preservation and current trends. The bus will also drive by the historic Huntington Hotel and the Vista del Arroyo Hotel; as well as the house portrayed in the “Father of the Bride” movies and Dynasty television series.  A list of architects includes Marston & Van Pelt, Wallace Neff, Greene & Greene, Frank Lloyd Wright, Elmer Grey, Myron Hunt, Gregory Ain and others. Mr. Baker appraised most properties on the tour.

SPEAKER:

Charles Baker, SRA, AI-RRS is a residential appraiser based in Pasadena, CA, and the owner of AppraisalPros.com, Inc. He began his career in 1988 and has developed a specialty in high-end and historical residences in Southern California. He is Past-President of the Southern California Chapter of the Appraisal Institute, past LDAC attendee and DL, current Chair of the California Government Relations Subcommittee, and seminar developer and instructor. As an investor he has also bought, rehabbed, managed, and sold residential real estate and vacant land in three states.

Jun
6
Thu
26th Annual Inland Empire Market Trends Seminar @ DoubleTree Hotel
Jun 6 @ 8:00 am – 6:00 pm

8:00 am – Welcome & Introductions

William E. Jones, MAI, AI-GRS – IEMTS Chair

SCCAI General Membership Mtg. & Election

Adam Bogorad, MAI – 2024 SCCAI President

Economic Update

Christine Cooper, Ph.D. – Costar Group

Retail Market Overview

Brad Umansky  – Progressive REP

Break

New Home Sales Trends

Evan Forrest – Zonda Home

Apartment Market Overview

Eric Chen – CBRE

Industrial Market Overview

Justin Smith – Lee & Associates

12:20 PM – Lunch

Southern California Real Estate Market Update  

Charles Baker, SRA, AI-RRS – AppraisalPros

Office Market Overview

David Mudge – Lee & Assoc

Break

Hotel/Motel Market Overview

Justin Myers – Atlas Hospitality

Break

Desert & Temecula Valley Roundtable

Susan Harvey – Desert Pacific Properties

Michael Strode-  Lee & Associates

5:00 PM – Roundup & Conclusion & Adjourn

Alex Liu – IEMTS Chair

Jun
7
Fri
Women’s Initiative Committee (WIN) @ ZOOM – VIRTUAL
Jun 7 @ 12:00 pm – 1:00 pm

Additional Information

SPEAKER: Melissa J. Bach, MAI

The Southern California Chapter of the Appraisal Institute is proud to announce the launch of its Women’s Initiative Committee (WIN).

The purpose and objective of this newly formed committee is to promote the advancement of women within the appraisal profession. In monthly Zoom meetings, we will host discussions of relevant topics, invite special guest speakers, network, and assess the unique challenges and opportunities we face.  All are welcome to attend. Appraisal Institute membership is not required and the Zoom meetings are free of charge.

Meetings will be held the first Friday of the month, from 12-1pm via Zoom. Our next meeting is scheduled for June 7, 2024.

For more information, please contact:

Ariana Arredondo, MAI at [email protected] or

Linda Whittlesey, SRA at  [email protected]

Jennifer Hsu, MAI at [email protected]

Disclaimer Information

THERE IS NO CE FOR THIS EVENT

Jun
18
Tue
Northwestern Branch Meeting @ Long Beach Yacht Blub
Jun 18 @ 8:00 am – 10:30 am

Course Description
TITLE: Navigating the Shift: Investor Strategies Amid Long Beach’s Multifamily Sales Decline**

In this speech, we will explore the dynamics of Long Beach’s multifamily real estate market, focusing on the diverging trends between the 4-unit market and the 5+ unit market. We will delve into the rising multifamily inventory and examine the impact of increasing interest rates on market conditions. Key topics will include the decline in sales, stringent loan requirements, and substantial down payment needs to meet Debt Coverage Ratios (DCR). Additionally, we will address the implications of maturing loans, the rise in cap rates, and the consequent decrease in real estate values. A thorough analysis of rent projections and the influence of rent control policies in Long Beach will be provided. Furthermore, we will discuss the growing popularity of Accessory Dwelling Units (ADUs) and other significant trends shaping the market. This speech aims to equip investors with strategic insights to navigate the current challenges and opportunities in Long Beach’s multifamily sector.

SPEAKER: Juan Huizar

From the rugged terrain of La Victorina in Zacatecas, Mexico, to the thriving business landscape of Long Beach, California, Juan Huizar’s journey epitomizes the resilience and determination that define the American Dream. Raised amidst the challenges of a remote village without modern amenities, Juan’s family embarked on a courageous quest for better opportunities in the United States. Enduring the perils of desert crossings, they settled in the fertile Central Valley, where all 10 members toiled in the fields, picking garlic to make ends meet. Today, Juan Huizar, a Certified Commercial Investment Member (CCIM), stands as a testament to the power of ambition and hard work. With an ingenious video strategy, Juan has elevated himself from relative obscurity to a nationally recognized figure in the real estate industry. His YouTube channel serves as a beacon of knowledge, attracting a remarkable 48% of his leads and drawing attention from esteemed platforms such as CNN, JP Morgan, and Western Real Estate. The CCIM designation underscores Juan’s mastery in financial analysis, market insights, negotiation tactics, and investment strategies. As the founder and principal of Sage Real Estate, a premier commercial brokerage headquartered in Long Beach, Juan Huizar is at the forefront of innovation and excellence. His firm boasts the highest ratings in the city and ranks among the top 1.5% of boutique brokerages nationwide. Over the past eight years, Juan has personally brokered transactions totaling over $300 million, a testament to his unwavering commitment to client success and satisfaction.

TITLE: State of the Industrial Market “Not What You Think”

 

Join us while we learn from a skilled industrial broker. During this presentation, Gary will share his “boots-on-the-ground” experiences and provide his insight on the industrial real estate market, which includes sentiment, opportunities, and challenges coming ahead. The presentation will conclude with strategic recommendations for investors, developers, and appraisers.

SPEAKER: Gary Martinez

Gary is a hardworking commercial real estate broker with 23 years of experience. He has successfully completed over 2,500 transactions, and has represented various investors from Fortune 100 companies to family owned operations. Gary is proficient at providing investment analyses, maximizing cash flow, maximizing commercial property values, and finding the right property at the right time. Majority of his business is in Southern California, and he has completed numerous transactions throughout the country.

Gary holds two of the most prestigious designations in the commercial real estate industry, CCIM and SIOR.

Gary is very active in our commercial real estate community: he is an CCIM CI102 Instructor, past President of SoCal CCIM, and income 2024 – 2025 President for our Inland Empire & Orange County SIOR Chapter. He is also a board member for Cal State Fullerton’s real estate association.

 

Jul
20
Sat
Hollywood Sign Hike @ Hollywood Sign Hike
Jul 20 @ 6:45 am – 8:45 am

Additional Information

Meet at 6:45 AM – 6100 Innsdale Dr, Los Angeles, CA 90068

Join us for a Hollywood Sign Hike hosted by the Southern California Chapter of the Appraisal Institute! We’re commemorating the 101st anniversary of this iconic symbol of American culture with a Saturday morning hike.

Originally erected in 1923 to promote a housing development, the Hollywood sign was meant to last only 18 months. Yet, today it stands as an iconic landmark nestled in the Santa Monica mountains, offering breathtaking views of the city and the San Fernando Valley.

Mark your calendars for Saturday, July 20th, and prepare your hiking boots. We’ll kick off at 6:45 am. While the event is organized by the Candidate Guidance Committee, it’s open to all AI Members. Feel free to bring along your dogs, kids, friends and family for a memorable outing, celebrating our local history together!

For inquiries, don’t hesitate to contact committee members George Koiso at 310-701-7045, Ariana Arredondo at 626-234-2470, or Scott Burns at 949-350-4819.

Meeting place: 6100 Innsdale Dr, Los Angeles, CA 90068

Disclaimer Information

THERE IS NO AI AND BREA CE FOR THIS EVENT – THIS IS A SOCIAL EVENT
Jul
22
Mon
Review Theory – General @ Santa Ana, CA
Jul 22 – Jul 26 all-day
Course Description

This fundamental review course that all reviewers of assignments involving income-producing and other nonresidential properties should have in their educational background. It is a required course for individuals pursuing the Appraisal Institute General Review Designation (AI-GRS, Appraisal Institute General Review Specialist). At the core of this course is the review process. Participants explore the seven steps outlined in this process as they apply to nonresidential properties. To be a reviewer, an appraiser must learn how to develop opinions of completeness, accuracy, adequacy, relevance, and reasonableness relative to the work under review. These opinions must be refined through tests of reasonableness to develop reconciled opinions of appropriateness and credibility. The material provides a refresher on key valuation skills often required of reviewers, such as measuring financial feasibility in highest and best use analysis and various applications of the income capitalization approach. In addition, the course covers reporting reviews for income-producing property and the use of commercial review report forms, narrative reports, and oral review reports. Participants will gain practice in writing a scope of work statement for three types of assignments. They will also develop a template for a narrative review report on a property type of their choice (office, retail, apartment, etc.). By taking this course, participants will gain invaluable confidence in the fundamentals of review through the review process, which is the core of this course. To be a reviewer, an appraiser must learn how to develop opinions of completeness, accuracy, adequacy, relevance, and reasonableness relative to the work under review. These opinions must be refined through tests of reasonableness in order to develop opinions of appropriateness and credibility. By taking this course, participants may gain invaluable confidence on the fundamentals of review.

Course Objectives
  • Distinguish between appraisal and review.
  • Evaluate the necessary knowledge and skills required to complete reviews.
  • Distinguish between trivial and material errors.
  • Identify types of review assignments and the process employed in the reviewer’s scope of work.
  • Recognize regulatory compliance issues for review appraisers.
  • Identify the steps necessary to communicate the review effectively.
Course Details

Program Overview:
Table of Contents and Overview
Course Schedule

Assignments:

Yes. After you register for this class, please go to your Education and Events page for details on what you must complete BEFORE class begins.

To access your Education and Events page, log on to the Appraisal Institute website at https://ai.appraisalinstitute.org/eweb (click on the three horizontal lines to the left of the AI logo and select “My

AI Account” from the drop-down menu).

 

Equipment:

  • A financial calculator is required. The accepted model used in the program is the HP-12C. AI education programs that require a financial calculator are developed with HP-12C keystrokes; using this model is highly recommended.
  • You must be familiar with calculator operation when the program begins. Do not enroll expecting to be taught how to use a financial calculator.
  • For help with the HP-12C calculator, take our online seminar Using Your HP-12C Financial Calculator.
  • HP-12C calculator User’s Manual.

 

Additional Information:

Course Materials Include:

  • Course Handbook (429 pp.)
  • Suggested Solutions (172 pp.)
  • Pre-Class Downloads (3 MB)
  • Pre-Class Memo (1 p.)

Designated Members, Candidates for Designation, and Practicing Affiliates will receive the discounted AI Price for Advanced Education courses: Review Theory—General and Review Case Studies—General. All others will pay full price.

Review Theory—General is required for individuals pursuing the Appraisal Institute General Review Designation (AI-GRS – Appraisal Institute – General Review Specialist). For more information regarding the requirements for the review designation, please click here.

If you are currently designated, view for more information on the alternative path.

If you are currently a Candidate for Designation, or wish to become a Candidate, view here for the specific designation requirements.

You will be asked to clear the calculator’s memory before and after the examination. Only one calculator is permitted in the testing room. Examinees taking most AI exams may bring their own calculator to use during the exam. Laptops, cellular phones, tablets, iPads, wearable technology (smart watch, Apple Watch, Google Glass, etc.), and other devices that can store data or connect to the Internet are NOT permitted during the exam. In addition, all watches, wallets, bags, and purses must be removed and stored out of reach prior to taking the exam.

 

Requirements:
A laptop computer is required. Word processing software must be installed and operational. This course includes writing exercises.

CHECK IN AT 8:00 AM

CLASS STARTS AT 8:30 AM

NO BREAKFAST OR REFRESHMENTS WILL BE SERVED.

LUNCH: ON YOUR OWN

PARKING: FREE

TEMPERATURES IN CLASS ROOMS VARY. PLEASE DRESS ACCORDINGLY.

Jul
25
Thu
Candidate Guidance Committee @ Virtual Classroom
Jul 25 @ 12:00 pm – 1:30 pm

Additional Information

Candidate Guidance Committee

for the Southern California Chapter of the Appraisal Institute

The candidate guidance committee is pleased to announce a lunchtime presentation to highlight the benefits of AI designations. In a panel format, we will cover numerous topics, including: a review of the process, Candidate program changes, tips for the comprehensive exam, a comparison of traditional demonstration report to the Capstone Project, and the value of the designation. In this program, attendees will hear from the seasoned perspectives of four recently designated members.

We plan to highlight two recently designated members from Northern California and two from Southern California. This program is specifically designed for candidate members and anyone considering designation. This event is open to all, regardless of affiliation status. We invite you to join us, and to start thinking about the advantages of the A.I. designations.

Date: July 25, 2024

Time: 12 noon – 1:30pm

Venue/Location: Zoom

Price per attendee: $0 – free of charge

Intended audience

Confirmed Speakers:

Joe Cormier-Knopp, MAI, AI-GRS (Northern California Chapter)

Alex Liu, MAI (Southern California Chapter)

Jeff Hogan, SRA, AI-RRS

Disclaimer Information

THERE IS NO AI/BREA CE FOR THIS EVENT
Aug
2
Fri
Women’s Initiative Committee (WIN) @ Virtual Classroom
Aug 2 @ 12:00 pm – 1:00 pm

Additional Information

SPEAKER: Beth Finestone, MAI, AI-GRS

The Southern California Chapter of the Appraisal Institute is proud to announce the launch of its Women’s Initiative Committee (WIN).

The purpose and objective of this newly formed committee is to promote the advancement of women within the appraisal profession. In monthly Zoom meetings, we will host discussions of relevant topics, invite special guest speakers, network, and assess the unique challenges and opportunities we face.  All are welcome to attend. Appraisal Institute membership is not required and the Zoom meetings are free of charge.

Meetings will be held the first Friday of the month, from 12-1pm via Zoom. Our next meeting is scheduled for August 2, 2024

For more information, please contact:

Ariana Arredondo, MAI at [email protected] or

Linda Whittlesey, SRA at  [email protected]

Jennifer Hsu, MAI at [email protected]

Disclaimer Information

THERE IS NO CE FOR THIS EVENT

Disclaimer Information

THERE IS NO AI OR BREA CE FOR THIS EVENT
Aug
6
Tue
2024-2025 7-Hour National USPAP Update Course @ Ontario, Ca
Aug 6 all-day
Course Description
This required 7-hour continuing education course, copyrighted by The Appraisal Foundation, focuses on USPAP requirements for ethical behavior and competent performance by appraisers. The first part of the course addresses the changes to USPAP, which are effective January 1, 2024, and the second focuses on cases studies that challenge you how to apply USPAP to situations you encounter in your daily practice. The course will help you gain competency in USPAP, and it will help those subject to state licensing or certification and continuing education requirements imposed by professional organizations, client groups, or employers gain competency as well.
In the past, the Advisory Opinions and Frequently Asked Questions, which were required materials for the course, were bundled with the USPAP publication. Now they are contained in a separate publication, USPAP Guidance and Reference Manual. This manual provides examples showing the applicability of standards in specific situations and offers advice from the ASB for resolving appraisal issues and problems. It also contains the Reference Index which is a highly useful tool that helps appraisers quickly find answers to USPAP-related questions. This new Guidance and Reference Manual is included with your course handbook. Please note, however, that USPAP 2024, which includes Standards 1-10 and is required for the course, must be purchased separately.
Course Details

Program Overview:
Table of Contents and Overview
Course Schedule

Assignments:
No

Equipment:
A laptop computer or tablet device is required for participants who choose an electronic copy of USPAP.

Additional Information:
Course Materials Include:

  • Course Handbook (74 pages)
  • Reference Manual (360 pages)

Unless otherwise noted, the course price does not include a copy of the current USPAP edition, which is required for course credit. When the chapter does not include, participants must bring their own copy of the USPAP edition to class.

 

To purchase a print or electronic copy of the publication, please visit The Appraisal Foundation.

 

Requirements:

None specified
Event Information

CHECK IN AT 8:00 AM

CLASS STARTS AT 8:30 AM

NO BREAKFAST OR REFRESHMENTS WILL BE SERVED.

LUNCH: ON YOUR OWN

PARKING: FREE

TEMPERATURES IN CLASS ROOMS VARY. PLEASE DRESS ACCORDINGLY.