HomeMy WebLinkAboutA6731 - LARRY L SIMON, MAI - REAL ESTATE APPRAISER AND CONSULTANT APPRAISAL SERVICES AGREEMENT
1479 N. Palm Canyon Drive (APN: 505-182-004)
THIS APPRAISAL SERVICES AGREEMENT the ("Agreement") is made this to" day of
P-0&45-tom , 20 L5 , (herein referred to as the "Effective Date") by and between the City of
Palm Springs, a California charter city ("City"), and Larry L. Simon, MAI, Real Estate Appraiser and
Consultant("Consultant"),who agree as follows:
1. Services. Subject to the terms and conditions set forth in this Agreement, Consultant shall
provide to the reasonable satisfaction of CITY the services set forth in Exhibit"A"to this Agreement. As
a material inducement to CITY to enter into this Agreement, Consultant represents and warrants that it
has thoroughly investigated and considered the Scope of Services and fully understands the difficulties
and restrictions in performing the work. Consultant represents that it is experienced in performing the
work and will follow professional standards in performance of the work. All services provided shall
conform to all federal, state and local laws, rules and regulations and to professional standards and
practices. The terms and conditions set forth in this Agreement shall control over any terms and
conditions in Exhibit"A"to the contrary.
2. Compensation and Fees.
a. Consultant shall be paid in accordance with the rates attached hereto as Exhibit"A", but
in no event shall Consultant's total compensation for all services performed under this Agreement exceed
Three Thousand Five Hundred Dollars ($3,500) without the prior written authorization of the City
Manager or the City Manager's designee("City Manager"). Consultant shall be responsible for notifying
the City Manager if the not to exceed amount is about to be expended.
b. The above fee shall include all costs, including but not limited to, all clerical,
administrative, overhead, insurance, reproduction, telephone, travel, auto rental, subsistence and all
related expenses.
3. Pavment.
a. As scheduled services are completed, Consultant shall submit to CITY an invoice for the
services completed, authorized expenses and authorized extra work actually performed or incurred.
b. City will pay Consultant the amount invoiced within thirty (30) days after the approval of
the invoice.
c. Payment shall constitute payment in full for all services, authorized costs and authorized
extra work covered by that invoice.
4. Chanee Orders. No Payment for extra services caused by a change in the scope or
complexity of work, or for any other reason, shall be made unless and until such extra services and a
price therefore have been previously authorized in writing and approved by the City Manager as an
amendment to this Agreement. The amendment shall set forth the changes of work, extension of time
for preparation,and adjustment of the fee to be paid by CITY to Consultant.
5. Licenses. Consultant represents that it and any subcontractors it may engage, possess any
and all licenses which are required under state or federal law to perform the work contemplated by this
Agreement and that Consultant and its subcontractors shall maintain all appropriate licenses during the
performance of this Agreement.
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6. Independent Contractor. At all times during the terms of this Agreement, Consultant shall
be an independent contractor and not an employee of CITY. CITY shall have the right to control
Consultant only insofar as the result of Consultant's services rendered pursuant to this Agreement.
CITY shall not have the right to control the means by which Consultant accomplishes services rendered
pursuant to this Agreement. Consultant shall, at its sole cost and expense, furnish all facilities,materials
and equipment which may be required for furnishing services pursuant to this Agreement. Consultant
acknowledges that Consultant and any subcontractors, agents or employees employed by Consultant
shall not, under any circumstances,be considered employees of CITY.
7. Consultant Not Agent. Except as CITY may specify in writing and as set forth in this
Agreement, Consultant shall have no authority, express or implied, to act on behalf of CITY in any
capacity whatsoever as an agent. Consultant shall have no authority, express or implied,to bind CITY to
any obligation whatsoever.
8. Assignment or Subcontracting. No assignment or subcontracting by Consultant of any part
of this Agreement or of funds to be received under this Agreement shall be of any force or effect unless
the assignment has had the prior written approval of CITY. CITY may terminate this Agreement rather
than accept any proposed assignment or subcontracting.
9. Insurance. Consultant shall maintain during the life of this Agreement professional liability
insurance covering errors and omissions arising out of the performance of this Agreement with a
combined single limit of$1,000,000. Consultant agrees to keep such policy in force and effect for at
least three years from the date of completion of this Agreement as long as such insurance is available on
reasonably acceptable terms. Consultant shall provide a certificate of insurance evidencing such
coverage.
10. Time Is of the Essence. Time is of the essence in this Agreement. Consultant shall do all
things necessary and incidental to the prosecution of Consultant's work.
11. Products of Consultant. The documents and appraisal report and other products produced
or provided by Consultant for this Agreement shall become the property of CITY upon receipt.
Consultant shall deliver all such products to CITY prior to payment for same. CITY may use, reuse or
otherwise utilize such products, but only in connection with City's purchase or acquisition of the property
that is the subject of the appraisal.
12. Termination. City Manager may for any reason terminate this Agreement by giving the
Consultant not less than five (5) days written notice of intent to terminate. Upon receipt of such notice,
the Consultant shall immediately cease work, unless the notice from City Manager provides otherwise.
Upon the termination of this Agreement, CITY shall pay Consultant for services satisfactorily provided
and all allowable reimbursements incurred to the date of termination in compliance with this Agreement,
unless termination by CITY shall be for cause, in which event CITY may withhold any disputed
compensation. CITY shall not be liable for any claim of lost profits.
13. Maintenance and Inspection of Records. In accordance with generally accepted
accounting principles, Consultant shall maintain reasonably full and complete books, documents, papers,
accounting records, and other information (collectively, the "records") pertaining to the costs of and
completion of services performed under this Agreement. City Manager shall have access to and the right
to audit and reproduce any of Consultant's records regarding the services provided under this Agreement.
Consultant shall maintain all such records for a period of at least three (3) years after termination or
completion of this Agreement. Consultant agrees to make available all such records for inspection or
audit at its offices during normal business hours and upon three (3) days notice from City Manager, and
copies thereof shall be furnished if requested.
14. Governine Law, This Agreement shall be construed in accordance with and governed by the
laws of the State of California and Consultant agrees to submit to the jurisdiction of California courts.
15. Inteeration. This Agreement constitutes the entire agreement of the parties. No other
agreement, oral or written, pertaining to the work to be performed under this Agreement shall be of any
force or effect unless it is in writing and signed by both parties. Any work performed which is
inconsistent with or in violation of the provisions of this Agreement shall not be compensated.
16. Notice. Except as otherwise provided herein, all notices required under this Agreement shall
be in writing and delivered personally or by first class mail, postage prepaid, to each party in writing.
Notices may be sent by either facsimile or U.S. Mail. Notices shall be deemed received upon receipt of
same or within 3 days of deposit in the U.S. Mail, whichever is earlier. Notices sent by facsimile shall be
deemed received on the date of the facsimile transmission.
TO: "CONSULTANT" TO: "CITY"
Larry L. Simon, MAI David H. Ready, Esq., Ph. D, City Manager
Real Estate Appraiser and Consultant City of Palm Springs
75-153 Spyglass Drive 3200 E. Tahquitz Canyon Way
Indian Wells, CA 92210 Palm Springs, CA 92262
IN WITNESS of this Agreement,the parties have entered into this Agreement as of the year and
day first above written.
"CONSULTANT" "CITY"
CITY OF PALM SPRINGS
By:
Larry L. Simon, MAl avid H Ready, Esq., Ph.D., City Manag
ATTEST:
Y' City Clerk APPROVED BY CITY MANAGER
p0' Ab1'�t
APP:Rr AS TO FORM
ATTORN
E
Y
DATE
EXHIBIT"A"
SCOPE OF SERVICES
LARRY L. SIMON, MAI
Real Estate Appraiser and Consultant
Member, Appraisal Institute
75153 Spyglass Drive • Indian Wells, CA 92210
(760) 610-1820 • FAX (760) 262-3149 • E-Mail: simon.appraiser@gmail.com
July 23, 2015
David H. Ready, Esq., Ph.D., City Manager
City of Palm Springs
3200 E. Tahquitz Canyon Way
Palm Springs, CA 92262
Re: Appraisal Services Proposal/Agreement
Raw Land Parcel
1479 N. Palm Canyon Drive
Palm Springs, CA 92262
(APN: 505-182-004 —Riverside County)
Dear Mr. Ready:
This proposal is submitted to provide real property appraisal services concerning the above-
referenced property. It is my understanding that the scope of work is to develop a current as is
market value of the fee simple interest in the subject property.
This appraisal is prepared for the exclusive use only by David H. Ready (the"Client') and
respective officials of the City of Palm Springs. The intended use of the appraisal is to assist in a
possible sale of the property. The use of this appraisal by anyone other than the stated intended
users and for any other use than the stated intended use, is prohibited. Further, there is no
accountability, obligation or liability to any third party.
The appraisal report will be prepared in conformity with the requirements of the Uniform
Standards of Professional Appraisal Practice (USPAP), 2014-2015 edition, and Code of
Professional Ethics & Standards of Professional Appraisal Practice of the Appraisal Institute.
Estimated completion date is within four to five weeks of authorization. Two copies of the
report and PDF copy will be provided.
Page 2
David H. Ready
July 23, 2015
The appraisal fee for this assignment is $3,500.00 payable upon completion of the report. The
appraisal fee pertains only to the completion of the appraisal report. Additional services
subsequent to the completion of the appraisal report, if needed, relating to updating the value
opinion, consultation, etc., will be billed at the rate of$250.00 per hour.
It is understood that my compensation for completing this appraisal assignment is not contingent
upon the development or reporting a predetermined value or direction in value that favors the
cause of the Client, the amount of the value opinion, the attainment of stipulated results, or the
occurrence of a subsequent event directly related to the intended use of the appraisal.
If this proposal meets with your approval, the return of an executed copy will represent my
authorization to proceed with the assignment.
This proposal is valid until July 31, 2015.
Thank you for the opportunity to provide this proposal. Should you have any questions
concerning this proposal or the subject matter thereto, I may be contacted at (760) 610-1820.
Respectfully submitted,
Larry L. Simon, MAI
Approved B Date: 12°6
Name: 0u a f Sra Gt
Attachment: Qualifications and Experience Summary
ATTEST: Errors and Omission Insurance Policy Declarations
City Clerk APPROVED BY CITY MANAGER
rkQ. � mn\
APP DORM
!T AATTORNEY'
DATE ~ IC
LARRY L. SIMON, MAI
Real Estate Appraiser And Consultant
Member, Appraisal Institute
75-153 Spyglass Drive • Indian Wells, California 92210
(760) 610-1820 • FAX (760) 262-3149 • E-Mail: simon.appraiser@gmail.com
QUALIFICATIONS AND EXPERIENCE SUMMARY
Position: Real Estate Appraiser and Consultant providing a broad spectrum
of valuation and consulting services to financial institutions,
government, corporations, developers,title companies, law firms
and private entities since 1972.
Education: Bachelor of Science degree in Finance, Insurance and Real Estate.
Professional
Membership: MAI Designation from the Appraisal Institute—Certificate No.
7217.
State Certification: Certified General Real Estate Appraiser, State of California ID No.
AGO04310.
Types of Properties Appraised
• Residential: Single Family Homes, Condominium Units, Subdivisions,
Condominium/Planned Unit Developments, Apartment
Complexes, Mobile Home Parks, Recreational Vehicle Parks and
Land.
• Commercial: Office (Low to High Rise, Single-and Multi-Tenant), Medical
Office, Office Condominiums, Shopping Centers (Neighborhood
and Community), Retail (Strip and Free-Standing), Auto-Care
Centers, Bank Branches, Motels, Hotels, Bed & Breakfast
Facilities and Land.
• Industrial: Business Parks, Industrial (Single-and Multi-Tenant),
Manufacturing, Warehouses, Distribution, Research&
Development, Self-Storage Facilities, Truck Terminals and Land.
• Special Purpose: Auto Dealerships, Restaurants, Bowling Alleys, Religious
Facilities, Private Schools, Funeral Homes, Tennis/Fitness/Swim
Clubs and Private Clubs.
Areas of Specialization
• Property Type: General and Medical Office Properties, Retail Properties, all
Industrial Properties, Auto Dealerships, Manufactured
Housing/Mobile Home/Recreational Vehicle Parks and Ground
Leased Properties.
• Litigation: General Valuation, Environmental Issues, Bankruptcy, Probate,
Mobile Home Park Closure and other valuation matters.
Expert Testimony: Expert witness in the Superior Courts of Orange and San Diego
Counties and Arbitration.
Geographic Areas: Counties of Orange, Los Angeles, San Diego, Riverside, San
Bernardino, Kern and Ventura.
Representative Clients
• Financial Institutions: Bank of America, Bank of Orange County, Bank of the West, The
Boston Company, Boston Safe Deposit& Trust Company,
Citicorp, California United Bank, City National Bank, First Bank
and Trust, First California Bank, First Hawaiian Bank, Hawthorne
Savings, Imperial Thrift & Loan Association, Mission Valley
Bank, Newport Balboa Savings, Pacific Western Bank,
Philadelphia Savings Fund Society, Provident Bank, South Bay
Bank, Universal Bank, U.S. Bank and Wells Fargo Bank.
• Law Firms: Corbett& Steelman; Gordon& Rees LLP; Katten Muchin
Rosenman LLP; Kinley & Styskal; Kolodny & Pressman; Lillick
& McHose; Rutan & Tucker; Palmieri, Tyler, Wiener, Wilhelm &
Waldron LLP; and Saxon, Alt, Dean, Mason, Brewer&
Kincannon.
• Others: Claremont University Center/The Claremont Colleges; Palo Verde
College and College of the Desert.
APPRAISAL SERVICES AGREEMENT
342 N. Palm Canyon Drive (APN: 513-081-017)
THIS APPRAISAL SERVICES AGREEMENT the ("Agreement") is made this !off day of
At16u5r , 20 15 , (herein referred to as the "Effective Date") by and between the City of
Palm Springs, a California charter city ("City"), and Larry L. Simon, MAI, Real Estate Appraiser and
Consultant("Consultant"),who agree as follows:
1. Services. Subject to the terms and conditions set forth in this Agreement, Consultant shall
provide to the reasonable satisfaction of CITY the services set forth in Exhibit"A" to this Agreement. As
a material inducement to CITY to enter into this Agreement, Consultant represents and warrants that it
has thoroughly investigated and considered the Scope of Services and fully understands the difficulties
and restrictions in performing the work. Consultant represents that it is experienced in performing the
work and will follow professional standards in performance of the work. All services provided shall
conform to all federal, state and local laws, rules and regulations and to professional standards and
practices. The terms and conditions set forth in this Agreement shall control over any terms and
conditions in Exhibit "A"to the contrary.
2. Compensation and Fees.
a. Consultant shall be paid in accordance with the rates attached hereto as Exhibit"A",but
in no event shall Consultant's total compensation for all services performed under this Agreement exceed
Four Thousand Five Hundred Dollars ($4,500) without the prior written authorization of the City
Manager or the City Manager's designee ("City Manager'). Consultant shall be responsible for notifying
the City Manager if the not to exceed amount is about to be expended.
b. The above fee shall include all costs, including but not limited to, all clerical,
administrative, overhead, insurance, reproduction, telephone, travel, auto rental, subsistence and all
related expenses.
3. Payment.
a. As scheduled services are completed, Consultant shall submit to CITY an invoice for the
services completed,authorized expenses and authorized extra work actually performed or incurred.
b. City will pay Consultant the amount invoiced within thirty(30) days after the approval of
the invoice.
c. Payment shall constitute payment in full for all services, authorized costs and authorized
extra work covered by that invoice.
4. Change Orders. No Payment for extra services caused by a change in the scope or
complexity of work, or for any other reason, shall be made unless and until such extra services and a
price therefore have been previously authorized in writing and approved by the City Manager as an
amendment to this Agreement. The amendment shall set forth the changes of work, extension of time
for preparation,and adjustment of the fee to be paid by CITY to Consultant.
5. Licenses. Consultant represents that it and any subcontractors it may engage, possess any
and all licenses which are required under state or federal law to perform the work contemplated by this
Agreement and that Consultant and its subcontractors shall maintain all appropriate licenses during the
performance of this Agreement.
OMUI,NA4lilli
6. Independent Contractor. At all times during the terms of this Agreement, Consultant shall
be an independent contractor and not an employee of CITY. CITY shall have the right to control
Consultant only insofar as the result of Consultant's services rendered pursuant to this Agreement.
CITY shall not have the right to control the means by which Consultant accomplishes services rendered
pursuant to this Agreement. Consultant shall, at its sole cost and expense, furnish all facilities, materials
and equipment which may be required for furnishing services pursuant to this Agreement. Consultant
acknowledges that Consultant and any subcontractors, agents or employees employed by Consultant
shall not, under any circumstances, be considered employees of CITY.
7. Consultant Not Agent. Except as CITY may specify in writing and as set forth in this
Agreement, Consultant shall have no authority, express or implied, to act on behalf of CITY in any
capacity whatsoever as an agent. Consultant shall have no authority, express or implied, to bind CITY to
any obligation whatsoever.
8. Assignment or Subcontracting. No assignment or subcontracting by Consultant of any part
of this Agreement or of funds to be received under this Agreement shall be of any force or effect unless
the assignment has had the prior written approval of CITY. CITY may terminate this Agreement rather
than accept any proposed assignment or subcontracting.
9. Insurance. Consultant shall maintain during the life of this Agreement professional liability
insurance covering errors and omissions arising out of the performance of this Agreement with a
combined single limit of$1,000,000. Consultant agrees to keep such policy in force and effect for at
least three years from the date of completion of this Agreement as long as such insurance is available on
reasonably acceptable terms. Consultant shall provide a certificate of insurance evidencing such
coverage.
10. Time Is of the Essence. Time is of the essence in this Agreement. Consultant shall do all
things necessary and incidental to the prosecution of Consultant's work.
11. Products of Consultant. The documents and appraisal report and other products produced
or provided by Consultant for this Agreement shall become the property of CITY upon receipt.
Consultant shall deliver all such products to CITY prior to payment for same. CITY may use, reuse or
otherwise utilize such products, but only in connection with City's purchase or acquisition of the property
that is the subject of the appraisal.
12. Termination. City Manager may for any reason terminate this Agreement by giving the
Consultant not less than five (5) days written notice of intent to terminate. Upon receipt of such notice,
the Consultant shall immediately cease work, unless the notice from City Manager provides otherwise.
Upon the termination of this Agreement, CITY shall pay Consultant for services satisfactorily provided
and all allowable reimbursements incurred to the date of termination in compliance with this Agreement,
unless termination by CITY shall be for cause, in which event CITY may withhold any disputed
compensation. CITY shall not be liable for any claim of lost profits.
13. Maintenance and Inspection of Records. In accordance with generally accepted
accounting principles, Consultant shall maintain reasonably full and complete books, documents, papers,
accounting records, and other information (collectively, the "records") pertaining to the costs of and
completion of services performed under this Agreement. City Manager shall have access to and the right
to audit and reproduce any of Consultant's records regarding the services provided under this Agreement.
Consultant shall maintain all such records for a period of at least three (3) years after termination or
completion of this Agreement. Consultant agrees to make available all such records for inspection or
audit at its offices during normal business hours and upon three (3) days notice from City Manager, and
copies thereof shall be furnished if requested.
14. Governing Law. This Agreement shall be construed in accordance with and governed by the
laws of the State of California and Consultant agrees to submit to the jurisdiction of California courts.
15. Integration. This Agreement constitutes the entire agreement of the parties. No other
agreement, oral or written, pertaining to the work to be performed under this Agreement shall be of any
force or effect unless it is in writing and signed by both parties. Any work performed which is
inconsistent with or in violation of the provisions of this Agreement shall not be compensated.
16. Notice. Except as otherwise provided herein, all notices required under this Agreement shall
be in writing and delivered personally or by first class mail, postage prepaid, to each party in writing.
Notices may be sent by either facsimile or U.S. Mail. Notices shall be deemed received upon receipt of
same or within 3 days of deposit in the U.S. Mail, whichever is earlier. Notices sent by facsimile shall be
deemed received on the date of the facsimile transmission.
TO: "CONSULTANT" TO: "CITY"
Larry L. Simon, MAI David H. Ready, Esq., Ph.D,City Manager
Real Estate Appraiser and Consultant City of Palm Springs
75-153 Spyglass Drive 3200 E.Tahquitz Canyon Way
Indian Wells,CA 92210 Palm Springs, CA 92262
IN WITNESS of this Agreement,the parties have entered into this Agreement as of the year and
day first above written.
"CONSULTANT" "CITY"
CITY OF PALM SPRINGS
By:
Larry L. Si on,MA avid H Ready, Esq.,Ph.D., City Mana r
MO
APPROVED BY CITY COUNCIL
Vb?-A
M-,
FORM
ATTEST: l_
p�, L CAD Y
C"�; City Clerk ���
EXHIBIT "A"
SCOPE OF SERVICES
LARRY L. SIMON, MAI
Real Estate Appraiser and Consultant
Member, Appraisal Institute
75153 Spyglass Drive • Indian Wells, CA 92210
(760) 610-1820 • FAX (760) 262-3149 • E-Mail: simon.appraiser@gmail.com
July 23, 2015
David H. Ready, Esq., Ph.D., City Manager
City of Palm Springs
3200 E. Tahquitz Canyon Way
Palm Springs, CA 92262
Re: Appraisal Services Proposal/Agreement
Single-Tenant Retail Building
342 N. Palm Canyon Drive
Palm Springs, CA 92262
(APN: 513-081-017—Riverside County)
Dear Mr. Ready:
This proposal is submitted to provide real property appraisal services concerning the above-
referenced property. It is my understanding that the scope of work is to develop a current as is
market value of the fee simple interest in the subject property.
This appraisal is prepared for the exclusive use only by David H. Ready (the "Client") and
respective officials of the City of Palm Springs. The intended use of the appraisal is to assist in a
possible sale of the property. The use of this appraisal by anyone other than the stated intended
users and for any other use than the stated intended use, is prohibited. Further, there is no
accountability, obligation or liability to any third party.
The appraisal report will be prepared in conformity with the requirements of the Uniform
Standards of Professional Appraisal Practice (USPAP), 2014-2015 edition, and Code of
Professional Ethics & Standards of Professional Appraisal Practice of the Appraisal Institute.
Estimated completion date is within four to five weeks of authorization. Two copies of the
report and PDF copy will be provided.
Page 2
David H. Ready
July 23, 2015
The appraisal fee for this assignment is $4,500.00 payable upon completion of the report. The
appraisal fee pertains only to the completion of the appraisal report. Additional services
subsequent to the completion of the appraisal report, if needed, relating to updating the value
opinion, consultation, etc., will be billed at the rate of$250.00 per hour.
It is understood that my compensation for completing this appraisal assignment is not contingent
upon the development or reporting a predetermined value or direction in value that favors the
cause of the Client, the amount of the value opinion, the attainment of stipulated results, or the
occurrence of a subsequent event directly related to the intended use of the appraisal.
The following information is required for the completion of the assignment:
• Copy of tenant lease.
If this proposal meets with your approval, the return of an executed copy will represent my
authorization to proceed with the assignment.
This proposal is valid until July 31, 2015.
Thank you for the opportunity to provide this proposal. Should you have any questions
concerning this proposal or the subject matter thereto, I may be contacted at(760) 610-1820.
Respectfully submitted,
"� ' APPROVED BY CIrY COUNCIL
Larry L. Simon, MAI
Approved 131 : Date: O S IO&l Lo4
Name: 06W 6r
Attachment: Qualifications and Experience Summary
Errors and Omission Insurance Policy Declarations
APP AS TO FO
ATTEST;
���� _� [� /' TYATTORNEY /
�! Ci f 1 / DATE&<26 �i�
LARRY L. SIMON, MAI
Real Estate Appraiser And Consultant
Member, Appraisal Institute
75-153 Spyglass Drive • Indian Wells, California 92210
(760) 610-1820 • FAX (760) 262-3149 • E-Mail: simon.appraiser@gmail.com
QUALIFICATIONS AND EXPERIENCE SUMMARY
Position: Real Estate Appraiser and Consultant providing a broad spectrum
of valuation and consulting services to financial institutions,
government, corporations, developers, title companies, law firms
and private entities since 1972.
Education: Bachelor of Science degree in Finance, Insurance and Real Estate.
Professional
Membership: MAI Designation from the Appraisal Institute —Certificate No.
7217.
State Certification: Certified General Real Estate Appraiser, State of California ID No.
AG004310.
Types of Properties Appraised
• Residential: Single Family Homes, Condominium Units, Subdivisions,
Condominium/Planned Unit Developments, Apartment
Complexes, Mobile Home Parks, Recreational Vehicle Parks and
Land.
• Commercial: Office (Low to High Rise, Single-and Multi-Tenant), Medical
Office, Office Condominiums, Shopping Centers (Neighborhood
and Community), Retail (Strip and Free-Standing), Auto-Care
Centers, Bank Branches, Motels, Hotels, Bed& Breakfast
Facilities and Land.
• Industrial: Business Parks, Industrial (Single-and Multi-Tenant),
Manufacturing, Warehouses, Distribution, Research &
Development, Self-Storage Facilities, Truck Terminals and Land.
• Special Purpose: Auto Dealerships, Restaurants, Bowling Alleys, Religious
Facilities, Private Schools, Funeral Homes, Tennis/Fitness/Swim
Clubs and Private Clubs.
Areas of Specialization
• Property Type: General and Medical Office Properties, Retail Properties, all
Industrial Properties, Auto Dealerships, Manufactured
Housing/Mobile Home/Recreational Vehicle Parks and Ground
Leased Properties.
• Litigation: General Valuation, Environmental Issues, Bankruptcy, Probate,
Mobile Home Park Closure and other valuation matters.
Expert Testimony: Expert witness in the Superior Courts of Orange and San Diego
Counties and Arbitration.
Geographic Areas: Counties of Orange, Los Angeles, San Diego, Riverside, San
Bernardino, Kern and Ventura.
Representative Clients
• Financial Institutions: Bank of America, Bank of Orange County, Bank of the West, The
Boston Company, Boston Safe Deposit & Trust Company,
Citicorp, California United Bank, City National Bank, First Bank
and Trust, First California Bank, First Hawaiian Bank, Hawthorne
Savings, Imperial Thrift & Loan Association, Mission Valley
Bank, Newport Balboa Savings, Pacific Western Bank,
Philadelphia Savings Fund Society, Provident Bank, South Bay
Bank, Universal Bank, U.S. Bank and Wells Fargo Bank.
• Law Firms: Corbett & Steelman; Gordon & Rees LLP; Katten Muchin
Rosenman LLP; Kinley & Styskal; Kolodny & Pressman; Lillick
& McHose; Rutan & Tucker; Palmieri, Tyler, Wiener, Wilhelm&
Waldron LLP; and Saxon, Alt, Dean, Mason, Brewer &
Kincannon.
• Others: Claremont University Center/The Claremont Colleges; Palo Verde
College and College of the Desert.