Regional Property Transactions:  i.  Kansas City MSA - 424 unit, Class A, apartments traded for $37 million or a 5.9% OAR     ii.  Kansas City MSA – 130,000± square foot shopping center traded at $30.4 million or a 6.9% OAR     iii.  Omaha MSA – 180,000± square foot power center traded at $32.6 million or a 7.27% OAR     iv.  Dallas/Ft. Worth MSA – 514 unit, Class A, multifamily complex, traded at $103,113 per unit and a 5.4% OAR     v.  Sioux City – 270,000± square foot power center, closed at $55.8 million or a 6.6% OAR
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professional profiles

 
 
 

Our Principals

Gerald R. Maier, J.D., CPA, MAI - Mr. Maier obtained both his undergraduate degree and law degree from the University of Kansas. A short stint in public accounting between the two degrees allowed him to attain his CPA while attending law school. His appraisal career started in 1986. Mainland Valuation Services was started shortly after he attained his MAI in 1992. Over the past 20 years, Mr. Maier has appraised a broad range of real estate from ranches and golf courses to race tracks and regional malls. His accounting and legal
background has served him well in the appraisal industry. more...

Curtis L. Frazier, MAI - Mr. Frazier is a Partner of Mainland Valuation Services and has been with the firm since 1998. Prior to that, Mr. Frazier had been with Mid-America Appraisals since 1992. Curt’s valuation experience focuses on both institutional and non-institutional properties including multifamily, senior care, retail, industrial and special use types.

Mr. Frazier has substantial experience in multifamily housing and senior care properties throughout the central states. Multifamily housing experience has included conventional housing, tax credit deals throughout the states of Kansas, Missouri and Nebraska, project based Section 8 housing and valuation of bond financing. Assignments within the senior care market include nursing homes, assisted living facilities, age-restricted apartments, residential care facilities and CCRC’s. These assignments have included market analyses and comprehensive appraisals for developers, lenders and owners.

Mr. Frazier also has extensive experience in self storage valuation, construction (new & conversion) and management. Since 1998, Mr. Frazier has been involved in the development and/or conversion of self storage and commercial warehousing space. Mr. Frazier is also a member of both the Kansas and Missouri Self Storage Owner’s Association and the Self Storage Association. In addition to completing most of the assignments for this property type, he has provided consultation to lenders, owners, investors and brokers with respect to the state of the self storage market.

With respect to retail, Mr. Frazier has been involved with regional malls, community centers and net leased freestanding retail buildings throughout Kansas, Missouri and Nebraska. Mr. Frazier received his Bachelor of Science Degree in Management Technology with a minor in Total Quality Management and two Associate Degrees from Missouri Southern State University. He holds the MAI designation from the Appraisal Institute and is a licensed real estate salesperson in the state of Kansas. more...

Thomas M. Scaletty, MAI - Mr. Scaletty is a Senior Appraiser and has been with Mainland Valuation Services since 1993. His valuation specialties include apartments and condominiums. Specifically, between 2003 and 2005, Mr. Scaletty has appraised 9,600 multifamily units. A majority of the projects appraised by Mr. Scaletty represent institutional investments for clients such as Freddie Mac, Fannie Mae and Lehman Brothers.

Mr. Scaletty is also well versed in the appraisal of retail, office, industrial and development land. Mr. Scaletty is licensed to appraise in Kansas, Missouri and Texas and has obtained temporary permits in several other states throughout the Midwest and Southwest.

Mr. Scaletty received his Bachelor of Arts Degree in Organizational Communication from the University of Kansas. Mr. Scaletty was been elected to the Board of Directors for the Kansas City Chapter of the Appraisal Institute. more...

 

 
 
 

 

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