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Capital Update
January 23, 2019
Coming Education

February 21 - Ignorance Isn't Bliss:Understanding an Investigation by a State Appraiser Regulatory Board or Agency
March 6 - Appraisers, Bankers & Developers: Understanding Roles in an Evolving Real Estate Environment
March 25 - How Tenants Create or Destroy Value: Leasehold Valuation and its Impact on Value
April 12 - 2019 Metro DC Appraisal Conference - Details to come.
May tbd - Trainee Development Workshop - Details to come.
June tbd - Metro DC Zoning Update - Details to come.
July tbd - Potomac Boat Ride: Chapter Dinner - Details to come.
September 19-20 - Litigation Appraising: Specialized Topics and Applications
October tbd - IRS Summit - Details to come.
December 5 - 7-Hour USPAP
December 6 - Business Practice & Ethics

Congratulations to Our New MAI!

Charles A. Corson, MAI
Area News

Nothern Virginia evaluates transportation needs for Amazon arrival

Ireland-Based Anord Mardix Expands Manufacturing in Henrico County, Virginia

Home sales spike in Northern Va., possibly on Amazon HQ2 speculation

DC-area renters paid landlords $14.8B this year

The 11 Biggest D.C. Commercial Real Estate Stories Of 2018

DC commercial real estate feeling effects of shutdown

How far Md.'s cannabis industry has come — and where it's going next

Major progress expected at several development projects around the region
Tax assessments rise in every Maryland county in 2019, an average of 9.1 percent
In this issue...
Free Class for DC Licensees!  - Ignorance Isn't Bliss: Understanding an Investigation by a State Appraiser Regulatory Board or Agency - February 21

A regulatory complaint has been filed against you. Now what? Discover why state boards and agencies make the decisions they do, what federal oversight requirements guide them, and how a state regulator’s investigation (including disciplinary action) proceeds by peeking behind the regulatory curtain. Developed by Craig Steinley, SRA, AI-RRS, current President of AARO (Association of Appraiser Regulatory Officials), with input from regulators and board members (who are appraisers) and attorneys who defend appraisers, this 4-hour seminar discusses who files complaints, due process for an appraiser, and the steps to take when you are named in a complaint. With this knowledge, you’ll have an advantage in resolving a complaint and better yet, avoiding one in the first place!
Click here for details.

DC Licensees enter promo code DCRA when registering to zero out registration fee!

2019 Real Estate Update & Installation Dinner Recap

Over 60 members of the appraisal community convened for an update on the economic outlook for real estate in the Metro DC area for 2019 and beyond. Revathi Greenwood - Americas Head of Research and Nathan J. Edwards - Senior Director, Research for the Mid-Atlantic for Cushman & Wakefield offered an overall economic review as well as individual reports for commercial finance, retail, office and residential segments of the real estate market.

Presenters addressed current inventory, projected supply and demand and investment dynamics for each market segment. Greenwood followed with an entertaining look at current and coming disruptive technologies affecting the world of real estate.
At the chapter meeting which followed, AIDC Past President, Don Boucher, SRA installed the 2019 Board of Directors. Then 2019 Chapter President, Bruce Davis, SRA recognized newly designated member, Robert A. McKoy, MAI, AI-GRS and outgoing 2018 Chapter President, Ashton Rowles, MAI.

Robert McKoy, MAI, AI-GRS & Bruce Davis, SRA

Ashton Rowles, MAI &
Bruce Davis, SRA

$500 Noeline Fuller Scholarship:  
Appraisal Institute Candidates and Practicing Affiliates in Region VI may be eligible for $500 for a QE or AE course. Deadline to submit application for scholarship is February 15th. 
Click here for details.
Online Education: Learn at your own pace anytime, anywhere. Top-notch Appraisal Institute courses and seminars come straight to your desktop with online education! Learn from any computer anywhere, whenever you have time. It’s easy, convenient and a great way to get the education you want. Check out the current course listing now!

Our mailing address is:
Washington DC Metro Area Chapter of the Appraisal Institute
c/o Mariner Management
11804 Bare Sky Lane
Columbia, MD 21044

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