Multifamily Valuations, LLC
August Semple

August Semple

Education

Kean University, Bachelor of Arts, Political Science, Magna Cum Laude, 1985
Union County College, Associate of Arts, Criminal Justice, 1982

Appraiser Certification

Delaware: Certified General Real Property Appraiser, X1-0000411
Maryland: Certified General Real Estate Appraiser, 27972
New Jersey: Certified General Real Estate Appraiser, 42RG00209300
Pennsylvania: Certified General Real Estate Appraiser, GA001349L

Continuing Education Excerpts

American Institute of Real Estate Appraisers (AIREA) Course 1A-1 – Real Estate Appraisal Principles, 1985
Society of Real Estate Appraisers (SREA) Course 101 – Introduction to Appraising Real Property, 1987
Society of Real Estate Appraisers (SREA) Course 102 – Applied Residential Property Valuation, 1988
American Institute of Real Estate Appraisers (AIREA) Course 1A-2 – Basic Valuation Procedures, 1988
American Institute of Real Estate Appraisers (AIREA) Course 1BA – Capitalization Theory and Techniques, 1989
American Institute of Real Estate Appraisers (AIREA) Course 1BB – Capitalization Theory and Techniques, 1989
Appraisal Institute – Standards of Professional Practice, Parts A and B, April 1991
Appraisal Institute – Appraisal of Retail Properties Seminar, February 7, 1995
Appraisal Institute – Standards of Professional Practice, Part A, Course 410, April 1997
Greater Philadelphia Realty Board – Environmental Issues in Real Estate, January 26, 1998
Appraisal Institute – Standards of Professional Practice, Part C, Course 430, November 1998
Appraisal Institute – Acquiring and Managing Market Data, March 25, 1999
Appraisal Institute – Assessment Laws and Procedures, February 10, 2000
Appraisal Institute – Econometric Solutions for Real Estate Valuation, May 16, 2000
Appraisal Institute – Market Makers Seminar, September 21, 2000
U.S. Dept. of HUD – Phila. Multifamily HUB, Multifamily Accelerated Processing (MAP) Training, October 18, 2000
Appraisal Institute – USPAP 2001 – Review and Update, March 28, 2001
Appraisal Institute – Section 8/HUD: Rent Comparability Studies, April 25, 2001
Appraisal Institute – Real Estate Fraud: The Appraiser’s Responsibilities and Liabilities, October 18, 2001
Appraisal Institute – Fair Housing and Related Issues, March 13, 2002
Appraisal Institute – Course 400, 7-Hour National USPAP Update Course, February 13, 2003
U.S. Dept. of HUD – Phila. Multifamily HUB, Multifamily Appraiser Training, February 19, 2003
Appraisal Institute – Rates and Ratios: Making Sense of GIMs, OARs, and DCF, April 4, 2003
Appraisal Institute – Course 420, Business Practices and Ethics, May 5, 2004
Appraisal Institute – Course 410, 15-Hour National USPAP Course, February 11-12, 2005
Appraisal Institute – Course 400, 7-Hour National USPAP Update Course, February 23, 2005
Appraisal Institute – Market Analysis and Using the Site To Do Business, July 13, 2005
Appraisal Institute – Course 520, Highest & Best Use and Market Analysis, June 8-17, 2006
Appraisal Institute – PA Appraisal Statutes, Regulations and Board Policies, June 28, 2006
Appraisal Institute – 7-Hour National USPAP Update Course, November 2, 2006
Appraisal Institute – Delaware State Regulations, September 11, 2007
Appraisal Institute – 7-Hour National USPAP Update Course, November 2, 2007
Appraisal Institute – Online Using Your HP12C Financial Calculator, December 11, 2007
Appraisal Institute – 7-Hour National USPAP Update Course, March 19, 2009
Appraisal Institute – PA Appraisal Statutes, Regulations and Board Policies, March 19, 2009
Appraisal Institute – Online Apartment Appraisal, Concepts & Applications, May 1-31, 2009
Appraisal Institute – Legislative, Regulatory and Judicial Update, June 18, 2009
McKissock – Online Delaware Appraisal Laws and Regulations, September 1, 2009
Appraisal Institute – Online Business Practices and Ethics, December 1, 2009
Appraisal Institute – Advanced Sales Comparison & Cost Approaches, April 19-24, 2010
Appraisal Institute – 7-Hour National USPAP Update Course, April 28, 2011
Appraisal Institute – PA Appraisal Statutes, Regulations and Board Policies, April 28, 2011
McKissock – Online Delaware Appraisal Laws and Regulations, October 1, 2011

History of Employment

Senior Appraisal Associate, Robert D. Wright, MAI; Springfield, PA 2/92 – Present
Staff Appraiser, Citicorp Mortgage Corporation; Princeton, NJ 11/89 – 2/92
Residential Appraiser, Anchor Savings Bank, FSB; Elmwood Park, NJ 2/88 – 11/89
Real Estate Appraiser, City Appraisal Services, Inc.; Union, NJ 3/86 – 2/88
Legal Review Representative, CityFed Mortgage Company, Somerset, NJ 2/85 – 3/86
Principal, Multifamily Valuations, LLC; Springfield, PA, 1/2015 – Present
Senior Appraisal Associate, Robert D. Wright, MAI; Springfield, PA 2/92 – 12/2014

Appraisal Assignments

Assisted Robert D. Wright, MAI on the following types of assignments:

Apartments (Narrative, Fannie Mae/DUS, Freddie Mac, HUD)
Real Estate Market Analysis
Rent Comparability Studies

Partial List of Clients and Financial Institutions Served

AGM Financial Services
AIMCO
Arbor National Commercial Mortgage, LLC
ARCS Commercial Mortgage Co., LP
Bank of America
Borger Management
Bulls Capital Partners
Capmark Finance
Century Corporation
Centerline Capital Group
CT Management
Columbia National Real Estate Finance
CW Funding LLC
DC Dept. of Housing and Community Dev.
DC Development Corporation
Deutsche Bank Berkshire Mortgage
Dittmar Company
Dorman & Wilson, Inc.
Edgewood Management
Eichler Fayne & Associates
Enterprise Mortgage Investments
FannieMae
Federation Housing
Freddie Mac
GMAC Commercial Mortgage Corporation Green Park Financial
Greystone Servicing Corporation
HOC of Montgomery County, MD
JBG Associates
KeyCorp Real Estate Capital Markets
Lancaster Pollard
Links Mortgage
Love Funding
M&T Realty Capital Corporation
Maryland Housing Fund
Mid-City Financial Corp.
National City Bank
National Cooperative Bank
National Penn Bank
PNC Multifamily Finance
Prudential Mortgage Capital Company
Re-Capitalization Advisors, Inc.
Red Mortgage Capital
Rockport Mortgage Corporation
Shelter Development
Southern Management Corporation
William C. Smith & Co.
U.S. Department of Housing & Urban Development
Wachovia Multifamily Capital
Wells Fargo Multifamily Capital

REIT Financing Appraisals

REIT Financing appraisals have been prepared for lenders for the following organizations:

Equity Residential (Zell)
Avalon Properties
Town & Country
Archstone/Charles E. Smith
Home Properties