12th Trends Seminar - Commercial/General Session
Date: May 26, 2010 Location: St. Paul, MN
Category Chapter Electives [E] North Star Continuing Education &
Name Conference Center, Attendance Website www.northstarai.org 8.0 University of MN Hours Contact Maribelle Cushman Address 1890 Buford Ave. Current Price Name $ 165.00
City St. Paul Note Email email@example.com After May 21, 2010
State MN Please register early $ 25.00 Late Fee Phone (651) 633-0676
Zip 55108 Fax (651) 633-5956
The North Star Chapter of the Appraisal Institute proudly presents the 12th Annual Real Estate Trends Seminar
You are registering for the COMMERCIAL/General Session:
Morning COMMERCIAL Session:
C-1 ―Capital Markets - 2010‖ - Murray Kornberg, Director, CBRE/Capital Markets This seminar will be of value to real estate professionals that are involved in analyzing and understanding commercial
real estate transactions. Commercial trends and the impact of financing on these trends will be discussed along with prospects for the coming months.
C-2 ―Office Market Update—2010‖ - Nils Snyder and Greg Moltumyr with Welsh Companies Where is the current market? & what can we expect in 2010? How is the current office market different from other
market down turns? What are the drivers for future absorption? How are current employers dealing with their space
needs? Does it make sense to lease or own? Who are the growth companies that will lead us out of recession?
C-3 ―Nursing Homes/Assisted Living/Appraisal Market‖ - John Mehrkens—Presbyterian Homes Update on the market for Senior Housing and Assisted Living in MN. What are the implications of State regulations for
Nursing Home values & appraisals? Get an overview of history, market conditions, financing options & regulatory requirements.
And the Afternoon GENERAL Session for all attendees:
G-1 ―IAAO Standard 6, Ratio Studies, Price vs. Value, Fee Simple/Leased Fee Distinction‖ - Thomas Hamilton, PhD-
University of St. Thomas
Measuring assessment performance—Sales Ratio Studies, Sprearing & implications of misapplication; Sale Price vs.
Market Value - When do they merge/diverge? Implications of Leased Fee/Fee Simple & financing leverage.
G-2 ―Wind Farms/Alternative/Green Energy‖ - Brent Bergland - Mortenson Construction Who is developing wind energy? What implications are there for replacing conventional coal and nuclear power plants?
What is involved in site selection and regulatory control? How much does alternative energy cost and how much power
can it produce?
G-3 ―Changes in Development & Demographic Trends‖ - Todd Graham - Metropolitan Council How has the current recession impacted development patterns? What forecasts for urban and suburban growth are
valid now? What is the current state of LRT development & the sources of funding for various projects? What effect is
the aging population having on projected development?
Appraisers, Real Estate Professionals, Assessors, Users of Appraisal Services.
Cancellation Policy Transfer Policy
? Up To 6 days prior to ? Up To 6 days prior to
program start date, refund in program start date, no
full. transfer fee.
? 2 - 5 days prior to program ? 2 - 5 days prior to program start date, $50.00 start date, $25.00 transfer
cancellation fee. fee.
? Less than 2 days prior to ? Less than 2 days prior to
program start date, forfeit of program start date, no
Cancellations/Refunds: Requests for cancellation must be received at the Chapter Office. Confirmed students should not assume that cancellation has been granted until a confirmation has been received. Direct your e-mail requests to: firstname.lastname@example.org or fax: 651.633.5956.
Event Cancellation: Although it is not the policy of the North Star Chapter to cancel an event, be it a course or a seminar, the North Star Chapter does reserve the right to cancel a course or seminar if the minimum enrollment level is
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% at the completion of the course or seminar. If Appraisal Institute records indicate attendance of less than 100%, the student’s certificate will reflect this, and state
agencies may refuse to award credit. The North Star Chapter enforces the attendance requirements as mandated by
the State of Minnesota.
ADA Policy: If you have a disability and may require some accommodation at any event, please notify us in writing at
least 2 weeks in advance and we will arrange for reasonable accommodations.
Program materials will be picked up at the site.
Wednesday, May 26, 2010 – 8:00 Registration; 8:30 am – 4:45/5:00 pm Seminar All seminars are held at the Continuing Education and Conference Center, 1890 Buford Avenue, St. Paul, MN 55108
The Commercial Session will be held in Room 135 B/D in the morning from 8:30 am. to 12:15 p.m and the General
Afternoon session will be held in all of room 135 from 1:00 to 5:00 pm in the afternoon.
The fees include instruction, seminar handouts if available, coffee breaks and lunch.
Credit Hours: Appraisal Institute Continuing Education Credit – 8 Hours approved. State of Minnesota – 8 Hours of Appraisal and Real Estate Continuing Education Credit – approval pending. Assessor CEUs approved.
Hotel Information: Contact any of the following hotels and indicate your are attending a University of Minnesota course
to receive a discounted rate.
• Radisson Hotel – Roseville: 651.636.4567 or toll free: 800.333.3333 www.radison.com/rosevillemn (The Radisson has
complimentary shuttle service available to the Continuing Education and Conference Center, if you request the shuttle
service when you make your reservation.)
• Holiday Inn Express – 651.636.5800 - Shuttle service is available - please request when you make your reservation. 800-456-4000
• Ramada Plaza Minneapolis, 1330 Industrial Blvd., Mpls., MN 55413, 612-331-1900 – Shuttle service is available -
please request when you make your reservation.
• Fairfield Inn – 651.636.7869 (or 1-800-228-2800 telling them you would like reservations at the Roseville, MN Fairfield
• St. Paul-Days Inn Roseville – 651.636.5966 • Radisson Hotel Metrodome – 612.379.8888
If you don’t want to register online, you can use the attached registration form
(below) to fax or mail to the
North Star Chapter Office
1265 Josephine Road
Roseville, MN 55113
North Star Chapter – Appraisal Institute MAIL IN FORM
Presents: th12 Real Estate Trends Seminar May 26, 2010
Continuing Education and Conference Center 8 Hours -Full attendance at Seminar
University of MN – St. Paul Campus Appraisal Institute -approved
1890 Buford Ave., St. Paul, MN 55104 MN Appraisal CE Applied For
612-624-3275 MN Real Estate CE Applied For
Please check you Appraisal Institute Membership status, or check Non-Member
I am registering for the: Commercial Morning Session/Afternoon General Session _____
______ MAI ______SRPA _______SRA ______Associate ______ Affiliate ______Non-Member
Company Name: _________________________________________________________________
Company Address: _______________________________________________________________
City _________________________________ State: ________________ Zip _________________
Business Telephone: ______________________ Fax: __________________________________
E-Mail: ___________________________________________State Lic. #: ____________________
thFees: 12 Annual Real Estate Trends: (fees include- materials, Instruction, LUNCH and breaks)
May 26 Registration – 8:00 am May 26 Lecture– 8:30 am – 4:45/5:00 pm
Member Appraisal Institute $ 165.00 $ __________
Non-Member $ 165.00 $ __________
Late Fee $ 25.00 (after May 21) $ __________
Total Due $ __________
Method of Payment: Check payable to M/M-AI_____ Visa _____ MasterCard _____
Credit Card # _________________________________Expiration Date _________________
Billing Address ______________________________________________________________
Name on Card: ______________________________________________________________
*** Register Early as Seating is Limited *** Please complete and return with payment to: North Star Chapter – Appraisal Institute
1265 Josephine Road, Roseville, MN 55113
Credit card payments may be faxed to 651-633-5956 or
register online: www.northstarai.org/education