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QUALIFICATIONS OF THE APPRAISER

Edmond A. Langhorst
Northern Michigan Real Estate Consultants, Inc.
State Certified General Appraiser (State of Michigan) #1205074750

Educational Background

  • 2001 Michigan State University, East Lansing Michigan, Bachelor of Arts – Finance
  • 2013 – Present Appraisal Institute, Chicago Illinois

Appraisal Institute Courses

  1. Real Estate Finance Statistics and Valuation Modeling
  2. General Appraiser Sales Comparison Approach
  3. General Appraiser Income Approach Part I
  4. General Appraiser Income Approach Part II
  5. General Appraiser Site Valuation and Cost Approach
  6. General Appraiser Market Analysis and Highest & Best Use
  7. General Appraiser Report Writing and Case Studies
  8. Business Practices and Ethics
  9. Quantitative Analysis
  10. Advanced Income Capitalization
  11. Advanced Market Analysis and Highest & Best Use
  12. Advanced Concepts & Case Studies
  13. Small Hotel/Motel Valuation

McKissock Courses

  1. Basic Appraisal Principles
  2. Basic Appraisal Procedures
  3. 15-Hour National USPAP
  4. 7-Hour National USPAP
  5. Michigan Appraisal Law

Professional Affiliations

  • Certified General Real Estate Appraiser – State of Michigan #1201074750
  • General Candidate for Designation (MAI) – Appraisal Institute

Professional Experience

  • Commercial real estate appraiser since 2013. Joined NMREC as an appraiser in July, 2017.

Scope of Work

  • Office Buildings (Medical, Dental, General) and Numerous Lease-by-Lease Analyses
  • Mixed-Use and Residential Subdivision Developments
  • Vacant Land Appraisals
  • Light Industrial / Heavy Industrial
  • Shopping Centers
  • Retail Buildings (Single and Multi-Tenant) and Numerous Lease-by-Lease Analyes
  • Gas Stations / Convenience Stores
  • Hotels/Motels
  • Assisted Living Facilities
  • Restaurants – Traditional and Fast Food
  • New/Used Automobile Dealerships
  • Funeral Homes
  • Indoor Recreational Facilities / Fitness Center
  • Religious Buildings
  • Grocery Stores
  • Automobile Service Facilities
  • Banquet Hall
  • Marinas
  • Multi-Family Residential
  • Campgrounds
  • Schools

Partial List of Clients

Mortgage Banker & Broker

  • Bank of America
  • Chemical Bank
  • Comerica Bank
  • Huntington Bank
  • JPMorgan Chase Bank
  • Macatawa Bank
  • Hantz Bank
  • The State Bank
  • Associated Bank
  • Branch Banking & Trust
  • West Shore Bank
  • Isabella Bank
  • State Savings Bank
  • Citizens National Bank
  • Nicolet National Bank
  • First Community Bank
  • Fifth Third Bank
  • Honor Bank
  • Independent Bank
  • mBank
  • Shelby State Bank
  • Michigan Business Connection
  • Flagstar Bank
  • Peoples State Bank