QUALIFICATIONS – Paul R. Franson, MAI

ORGANIZATIONS:

Member, Appraisal Institute (MAI) – 1/2014

State Certified General Real Estate Appraiser (I. D. # 1201071455) – 6/2008

Real Estate License (Broker – MI # 6504374615) – 11/2012

Building Inspector (ICBO #5111088-10, 1997 Code) – Expired

Professional Engineer (CA #M27262) – 1/1991

EDUCATION:

Bachelor of Science (Chemical Engineering) – University of Michigan

Masters of Business Administration (MBA) – Santa Clara University

Courses Taken through the Appraisal Institute

Courses Taken through McKissock and Middleton Appraisal Education

       Including courses in Advanced Income Capitalization, Conservation Easements, Federal Land Acquisition (Yellow Book), Sales Comparison and Cost Approaches, Hotel/Motel Valuation, Assisted Living Facilities, Ground Leasing, USPAP.

EXPERIENCE:

Office – Marshall Appraisal – 2004-2020, Larry G. Marshall, MAI, SRA, ASA

Witness in Federal Court

Valuation for Market Value, Estate Value, Investment Value, Liquidation Value, Insurance Value

Leased Fee and Leasehold valuation, Partial Interest valuation

Prospective and Retrospective Valuations, Portfolio property work

APPRAISALS PERFORMED FOR (A PARTIAL LIST, with Marshall Appraisal):

Chemical Bank and Trust / TCF Bank

Citizens Bank / Huntington Bank

City of Bay City

City of Gladwin

County of Midland

Covenant Healthcare

Dow Foundation

Firstbank / Mercantile Bank

Great Lakes Federal Credit Union

1st State Bank

Isabella Bank and Trust

Little Forks Conservancy

Members First Credit Union

MidMichigan HealthCare

Rapanos Development

Robert C. Bourne PC, Attorney

Serenus Johnson Construction

Shaheen Development

US Postal Service

Wildfire Credit Union

Wolverine Bank