QUALIFICATIONS
OF
GARY S. BROWN, MAI, AI-GRS, CCIM



Gary S. Brown, MAI, AI-GRS, CCIM has been an independent fee appraiser since 1978. He maintains offices at 1313 Campbell Road, Building B, Houston, Texas 77055. He has been actively engaged in the valuation of commercial properties, the acquisition/sale of income properties, management of income properties, evaluation, consulting, feasibility studies and commercial lease negotiations. He primarily performs appraisal assignments involving all types of commercial real estate. Expert testimony has been rendered for bankruptcy, condemnation, divorce, estate, and ad valorem tax procedures. He has qualified as an expert in the State of Texas and U.S. District Courts of Texas, California, and Missouri. Mr. Brown is President of Gary Brown & Associates, Inc.

Gary Brown & Associates, Inc. is a full-service real estate appraisal and consulting firm based in Houston, Texas. Established in 1987 to specialize in appraisal, consultation, and feasibility analysis, the company is recognized for the quality of its services and its work in the field of property valuation and analysis. The clientele includes pension funds, advisors, financial institutions, trust funds, REITs, attorneys, courts, governmental agencies, Fortune 500 companies and individuals. Expertise in real estate valuation includes a wide range of income producing and special purpose properties. The appraisal staff is highly qualified, possessing considerable experience in appraisal of all types of properties at both the national and local levels. Gary Brown & Associates, Inc. utilizes the most sophisticated income valuation software currently available. The philosophy of business is results-oriented, distinguished by professionalism, expertise and integrity.

EDUCATION


Bachelor of Arts Degree - University of Texas (1978)

University of Texas courses:
Principles of Real Estate, Business Law, Real Estate Finance
Appraisal Institute (AI) courses:
Appraisal Principles; Basic Valuation Procedures; Capitalization Theory and Techniques Part 1, Part 2, and Part 3; Standards of Professional Practice, Part A & B; Industrial Valuation; Case Studies in Real Estate Valuation; Valuation Analysis and Report Writing; Instructor Leadership and Development Conference; Chapter Leadership Conference; Quantitative Analysis; Review Theory; 15-hour USPAP
International Right of Way Association (IRWA) Courses:
Ethics and the Right of Way Professional
Appraisal Institute (AI) Seminars:
Cash Equivalency; Electronic Spreadsheet; Report Perfect; Depreciation Analysis; Instructor Seminar; Subdivision Analysis; Uniform Standards of Professional Practice - Update; HP 12C Seminar; Comprehensive Appraisal Workshop; Principles and Procedures Overview; Americans with Disabilities Act Seminar; Understanding Limited Appraisals & Appraisal Reporting Options; Advanced Appraisal Modeling; Advanced Concepts Excel for Appraisal; Advanced Spreadsheet Modeling; Agreement of Services; Downtown Houston; Houston Multifamily; Yellow Book Changes-Overview for Appraisers; Real Estate Trends Memorial City/I-10 Corridor; Broker Responsibility
Texas Association of Property Tax Professionals:
Principles of Property Tax Consulting
Rice Management Seminars:
Leadership Skills for Managers; Effective Business Writing. Enhancing Quality in Your Organization; Local Area Network for PC's; Marketing Strategy and Techniques
Commercial Investment Real Estate Institute (CCIM) Courses:
CI 101 - Financial Analysis for Commercial Real Estate
CI 201 - Market Analysis for Commercial Real Estate
CI 301 - Decision Analysis for Commercial Real Estate
CI 401 - Course Concepts Review
Other Seminars:
Valuations in Litigation; Environmental Issues in Real Estate; Fourth Eminent Domain Conference: Property Tax Consulting; Attacking and Defending an Appraisal in Litigation; Statistics Review with Appraisal Applications; Market Analysis and the Site to Do Business; Secrets of a Successful Litigation Practice; FEMA Guidelines; Commercial Real Estate Forecast Competition, 2013, 2014, 2015, 2016; 1031 Tax Deferred Exchange 2016; Appraisal of DOT and Government Projects; Partial Acquisitions II; Supervisor-Trainee Course for Texas, to many to list here.
Computer Programs:
Microsoft Office, WordPerfect; Argus Enterprise; MS Access; MS Sequel Server; Adobe Acrobat Pro; Excel; Quattro Pro; Paradox; Microsoft Server; Edge Report Builder; DataComp Database; The Residential Appraiser Systems; Source Strategies; Apartment Data

PROFESSIONAL DESIGNATIONS, LICENSES, AND MEMBERSHIPS


Appraisal Institute
MAI, 1986
AI-GRS, 2017
Region 8-Public Relations Chairman - 2007
Houston Chapter Appraisal Institute -
Chairman of Chapter By Laws Committee- 2008-2009
Chairman of Commercial Comparables Exchange- 2008
Houston Chapter President- 2006
Board of Directors - 1998-2007
Regional Representative - 1999-2000, 2003-2007
Technology Committee - Chairman 2003
Communication Committee - Chairman 1999-2002
Admissions Committee, Chairman 1997, Co-Chairman 1995-1996, Sub-Committee Chairman
Houston Chapter 33, AI, 1991-1994
Appraisal Institute Regional Admissions 1994-1997, Regional Screener 1997-2004
Public Relations Committee, Member, Houston Chapter AI, 1992-1994
Regional Review and Counseling Committee, Region VIII of Houston Chapter, AI, 1991-1994
Admissions Committee, Member, Houston Chapter AIREA 1987-1990
Candidate Guidance Committee, Member, Houston Chapter AIREA 1986-1988
Commercial Investment Real Estate Institute - Designated Member CCIM, 1997
International Right of Way Association - Member, Candidate for SR/WA
National Association of Realtors, Member
Texas Association of Realtors, Member
Houston Association of Realtors, Member
Licensed State of Texas Real Estate Broker (#258973-36)
State of Texas Certified General Real Estate Appraiser - Cert. No. TX-1321360-G
State of Louisiana Certified General Real Estate Appraiser - Cert. No. G2091
State of New York Certified General Real Estate Appraiser - Cert. No. 46000012547
HUD Approved Appraiser - CHUMS #6063
Associate Member, Urban Land Institute
Registered: DUNS: 605542307
Resolution Trust Corporation
Federal Deposit Insurance Corporation
Federal Home Loan Bank of Dallas
Federal Asset Disposition Association

APPRAISAL EXPERIENCE


Retail
Regional Malls
Power Centers
Community Centers
Neighborhood Centers
Convenience Stores
Service Stations
Self-Storage
Automotive
Car Washes (all types)
Restaurants
Multi-Family
High Rise
Garden Apartments
Condominium Projects
Retirement Housing Projects
HUD Section 8 HAP for Rehabilitation
FNMA, FHLMC 71A & B
LIHTC/Tax Credits
Industrial
Large Heavy Manufacturing
Light Manufacturing
Office/Warehouse
Office/Service
Distribution Facilities
Auto Service Facilities
Recycling Facility
Pipe Treating Facilities
Pipe Yards
Office
Downtown High Rise and Historical
Suburban Mid Rise and Single Tenant
Medical Offices
Hotels/Motels
National and Regional Chains
Independents
Resort Hotels
Recreation
Country Clubs
Golf Courses
Tennis/Racquet Clubs
Bowling Alley
Marinas
Local Airports
Amusement Parks
Water Parks
Sports Parks
Condemnation
Partial Takings
Whole Takings
Road Widening Projects
Pipeline Easements
Railroad Easements
Right-of-Way Easements
Air Rights
Land
Vacant Urban (developed/undeveloped)
Vacant Suburban
Vacant Agricultural
Farms and Ranches
Subdivisions
Commercial
Single Family Residential
Mobile Home Parks
Planned Communities
Residential
Single Family
Condominiums - Low and High Rise
Special Purpose
Airport Hangars
Religious Facilities
Billboards
Nursing Home/Convalescence Hospitals
Hospitals
Mortuary/Funeral Home/Cemeteries
State Historical Landmarks
Day Care Centers
Cold Storage Facilities
Landfill
Salt Domes
Truck Stops
Timber Rights
Mineral Rights & Royalty Interests
Partial Interests
Leasehold Interest
Encumbered and Restricted Use
Machinery & Equipment
Heavy Industrial Cranes
Restaurant & Motel Fixtures,
Furnishings and Equipment
Truck Stop Equipment
Convenience Store Equipment
Intangibles
Business Enterprise
Going Concern
Patents and Trademarks
Tax Credits
Environmental
Leaking Underground Storage Tanks
Soil Contamination
Transmission Lines
Fault Lines
Wetlands
© Gary Brown & Associates, Inc. 2024