TIERRA WEST

Appraisal & Land Use Dynamics, Inc.

 

 

D. Brian Shumway, Pres-CEO

California Certified General Real Estate Appraiser

Certificate No. AG006343

 

 

            

 

Curriculum Vitae

Professional Background & Experience


 

 

EDUCATION & TRAINING

Hemet High School – Graduated W/Honors

University of California, San Diego (UCSD) - Undergraduate Studies

Brigham Young University (BYU), Bachelor's Degree (BA) - Industrial Design

Post Graduate Education (Specialized Exam/Testing Courses):

    Appraisal Institute (AI):

            Real Estate Appraisal Principles (1A-1)

            Appraisal and Valuation Procedures (1A-2)

            Standards of Professional Practice (2-3)

            Standards of Professional Appraisal Practice (Part A/B, A & B)

            Standards of Professional Appraisal Practice (Course 430 – Part C)

            Capitalization Theory & Techniques (1B-A)

            Capitalization Theory & Techniques (1B-B)

            Case Studies in Real Estate Valuation (2-1)

            Valuation Analysis and Report Writing (2-2)

    International Right-of-way Association (IRWA):

            The Appraisal of Partial Acquisitions (401)

            Skills of Expert Testimony

            Easement Valuation (Course 403)

    Mt. San Jacinto Community College:

            Property Management.

    University of California, Riverside (UCR):

            Survey of Land Development Procedures

            Economic Development Management

            Geographic Information Systems

            Retail Site Analysis Using Geographic Information Systems

    Continuing Education & Professional Seminars:

            Litigation & Fractional Interests (AI)

            Interpretation of Engineering Drawings (AI)

            Easement Valuation (AI)

            Shopping Center Analysis (AI)

            GIS & LIS Applications (ACSM/ASPRS/AAG/URISA)*

            Subdivision Analysis (AI)

            Persuasive Style in Narrative Appraisal Reports (AI)

            Discounted Cash Flow (DCF) Analysis in the Home Building Industry (AI)

            Valuation & Right-of-way Conference (IRWA - Also Guest Speaker "97")

            OREA and Valuations (AI)

            Summary, Restricted and Evaluation Appraisal Reports (AI)

            California OREA Licensing Law & FIRREA (AI)

            Shopping Center & Retail Trends (AI)

            Automated Valuation Models (AI)

            Southern California Market Trends (AI - Also Guest Speaker)

            The Internet & Useful Web Sites for Appraisers (AI - Also Guest Speaker)

            Hazardous Materials Identification (Riverside County Fire & CDF)

            Multi-species Habitat Corridor Impacts on Market Value (AI)

            Inland Empire Market Trends (AI)

 

                            

* American Congress of Surveying & Mapping, American Society for Photogrammetry & Remote Sensing, Assoc. of American Geographers, Urban & Regional Information Systems Assoc. GIS/LIS refers to Geographic/Land Information Systems

 


 

AFFILIATIONS, MEMBERSHIP & DESIGNATIONS

Appraisal Institute: Associate Member ( MAI Candidate #M84-0619)

International Right-of-Way Association:  Member (#5740912

State of California:  Certified General Real Estate Appraiser (CA #AG006343)

State of California:   Licensed Real Estate Sales Person (CA #01192406)

State of California:  Licensed Contractor (C-27 License - Currently Inactive)

Mt. San Jacinto Community College:  Associate Faculty (Real Estate Appraisal)

City of Hemet:  Past Commissioner - Economic Development

Riverside County:  Past Board Member - Mid County Mental Health Board

Riverside County:  Past Regional Economic Development Commissioner

Valley Economic Development Corp:  Past Chairman & Board of Directors

 

Other Affiliations & Activities:  

        Urban Land Institute

        American Planning Association

        Southern California Chapter of the Appraisal Institute - Past Research Committee Chairman

 


 

 

PROFESSIONAL BACKGROUND & ACTIVITY

January 1993 to Present:  

President and founding officer of TIERRA WEST Appraisal & Land Use Dynamics, Inc. TIERRA WEST's corporate office is located in Hemet, California, provides real estate related appraisal and consulting services for most all types of real property to both the private and public sectors. Primary services currently provided include:

 

             Real Estate Appraisals (Narrative & Form-type: Self-contained; Summary & Restricted Use Formats)

             Real Estate Appraisal Reviews (Narrative & Form-type)

             Market and Supply/Demand Studies 

             Feasibility Studies & Pre-development Concept Planning

             Expert Witness & Court Testimony

             Economic & Land Use/Demographic Studies

             Site Selection Analyses & Entitlement Processing Assistance

 

February 1982 to December 1992:

Founding principal/owner of TIERRA WEST, Real Estate Appraisers & Consultants with main offices in Hemet, California. TIERRA WEST provided real estate related appraisal and consulting services for most all types of real property to both the private and public sectors. Primary services included real estate appraisals (commercial, industrial, single & multi-family, acreage/subdivisions, etc.), market studies, project feasibility, highest and best use analysis, market data research and statistical analysis, expert witness testimony, appraisal review, etc.

 

September 1977 to February 1982:

Employed as a real estate appraiser by an independent real estate appraisal/consulting firm located in Salt Lake City, Utah. Assignments included appraisal and consulting services for numerous investment grade commercial, office, industrial & residential properties throughout western United States.

 

November 1977 to October 1981:

Project Manager for a privately held real estate development and property management company located in Salt Lake City, Utah. Primary responsibilities included management and implementation of real property acquisitions, zone changes, securing of entitlements and governmental approvals, land use planning, and oversee on-site improvements and off-site infrastructure installation. Property type, by land use, included residential subdivisions, planned unit developments, multi-family and commercial projects. Additional activities included preparation of market research studies, land use analysis and management of property data-base.

 

Guest Speaker:

Mr. Shumway has been engaged as a guest speaker by various professional organizations and community groups for presentations and seminars:

 

                    The Appraisal Institute:

                            Internet Seminar (1996 - Commerce, CA);

                            Southern California Market Trends (1998 - Ontario Convention Center, Ontario, CA)

                            The Internet & Useful Web Sites for Appraisers (1998 - Disney Land Hotel, Anaheim, CA)

 

                     International Right-of-way Association:

                            Valuation & Right-of-way Conference (1997 - California State Polytechnic University, Pomona, CA)

 

                    Other Engagements: 

                            Various economic development symposiums hosted by the Valley Economic Development Corporation (VEDC)

                            Riverside County Economic Development Agency

                            Community Groups and Civic Organizations

 

Data Base & Clearing House:  During the eminent domain phase of Metropolitan Water District’s $2.2 billion East Side Reservoir project south of Hemet, CA, our firm was engaged for research and support clearing house services which included compilation of sales and listings, zoning and general plan data, land use and development standards, general plan, demographics, infrastructure, soils and geo-technical data, FEMA zones, biological habitats, entitlements and other pertinent information. This data was utilized by numerous appraisers and consultants from both the Private and public sectors.

 


 

 

EXPERT WITNESS TESTIMONY

Expert witness testimony has been provided in both State and Federal Courts including Superior and bankruptcy Courts for a variety of clients. Expert witness testimony and representation has been performed in behalf of both plaintiffs and defendants within both the private and public sectors relative to eminent domain, dissolution of interests, specific non-performance, disclosure issues, fraud, bankruptcy & other litigation matters. Expert witness services have also been rendered for clients relative to property tax appeals. References available upon request.

 


 

 

GEOGRAPHIC SERVICE AREAS

The majority of our current appraisal and consulting services are performed within a 5-county area of Southern CA. While our primary service areas include Riverside and San Bernardino Counties, we regularly provide services within Orange, Los Angeles and San Diego Counties as well. The unique geographic "hub" location of our corporate office in Hemet, allows us convenient access to the wide geographic area of Southern CA. While valuation and consulting assignments have also been performed throughout the Western United States in such states as Arizona, California, Colorado, Idaho, Montana, Nevada, Oregon, Texas, Utah & Washington, "Certified" real estate appraisal services are currently offered only within the State of CA.  


 

USE OF OUR SERVICES

Real property appraisal reports and related services have been utilized by clients for such purposes as mortgage financing, acquisitions and dispositions, estates, trusts, division or dissolution of interests, foreclosures, private mortgage insurance (PMI) removal, income tax and IRS issues, gifting and inheritance, eminent domain and condemnation, right-of-way, property tax appeals, development, feasibility analysis, market studies, bond financing, general litigation, etc.

 



 

TYPES OF PROPERTY APPRAISED

VACANT ACREAGE:  Inland valley, desert, mountain, beach front, farm land, orchards, ranches, state and federal lands including national parks, potential habitat areas for endangered species, reservoir acquisition, and acreage for virtually most all types of commercial, industrial, residential and special use properties.

 

IMPROVED & PROPOSED RETAIL/COMMERCIAL PROPERTIES: Single and multi-tenant general commercial and retail buildings, neighborhood and regional shopping centers, strip retail centers, power centers, mixed-use facilities, malls etc.

 

IMPROVED & PROPOSED OFFICE: Single and multi-tenant general offices, medical buildings, office condominiums (low and mid-rise facilities).

 

IMPROVED & PROPOSED INDUSTRIAL: General and specific use single and multi-tenant industrial buildings, warehouses, factories, research and development parks, manufacturing centers, mini-storage etc.

 

IMPROVED & PROPOSED RESIDENTIAL:  Single and multi-family residential units, apartment complexes, condominiums, condo conversions, planned unit developments and specific plans.  Appraisals have been prepared for various tracts from the pre-entitlement phase through build-out and sale of completed product.

 

SPECIAL USE PROPERTIES: This category would include such properties as golf courses, tennis and racquetball facilities, boat slips, radio stations, movie theaters, nursing and convalescent hospitals, Alzheimer and assisted living facilities, ambulatory surgical centers, equestrian centers, RV and mobile home parks, mortuaries, churches, automotive repair centers, service stations, full-service car washes, food processing plants, financial institutions, restaurants, vineyards and wineries, hotels and motels, resorts, private and public schools, government and public use buildings, environmentally sensitive properties with habitats for rare, threatened or endangered species, properties with cultural resources (pictographs, petroglyphs, shaman caves, milling stations, etc.).

 


 

 

PARTIAL LIST OF SELECTED CLIENTELE

LAW FIRMS & ATTORNEYS: Andersen, Goldberg & Waldron; Arias & Ozzello; Barton, Klugman & Oetting; Best, Best & Krieger; Holzka, Donahue & Nerlino; Latham & Watkins; Levinson, Miller, Jacobs & Phillips; Markman, Arcyznski, Hanson & King; McPeters, McAlearney, Shimoff & Hatt; Redwine and Sherrill; Sachse, James & Lopardo; Swan, Carpenter & Wallis; Thompson & Colgate; Thomas, Luebs & Mort; Wilson, Evan & Silver

 

PUBLIC SECTOR, NON-PROFIT & GOVERNMENTAL: California State Department of Transportation (CalTrans), City of Hemet, City of Palm Springs, City of Perris Redevelopment Agency, City of San Jacinto, Hemet Unified School District, Los Angeles Police Department, Federal Deposit Insurance Corp. (FDIC), Federal Home Loan Mortgage Corp. (FHLMC), Perris School District, Resolution Trust Corp. (RTC), Riverside County, Romoland School District, San Jacinto Unified School District, United States Department of the Interior, United States Small Business Administration (SBA), Valley Wide Parks & Recreation District

 

UTILITIES & MUNICIPALITIES: Eastern Municipal Water District, Metropolitan Water District, Southern California Edison, Union Pacific & Santa Fe Railroad

 

BANKS, SAVING & LOANS: Adobe Savings Bank, American Savings Bank, Bank of America, Bank of California, Bank of Hemet, Bank of Palm Springs, Bank of San Francisco, Bank of the West, California Federal Bank, California State Bank, Citicorp Savings, City Federal Savings Bank, Coast Savings Bank, Chase Manhattan Bank, Downey Savings & Loan, El Dorado Bank, First National Bank, First Nationwide Bank, First Union Bank, Frontier Bank, Great American Bank, Habib Bank, Home Federal Savings, Independence Savings, Inland Empire National Bank, La Jolla Savings Bank, Nations Bank, North America Savings, Omni Bank, OnBank, Pacific Coast Savings, Pacific National Bank, Palm Springs Savings Bank, Sanwa Bank, Pan American Bank, Savings Bank, Provident Federal Savings, Redlands Federal Savings, Scripps Bank, Secure Savings, Southwest Bank, State Savings, Surety Federal Savings, Tokai Bank of California, Union Bank, United California Savings Bank, Universal Bank, Valley Bank, Washington Mutual, Wells Fargo Bank, Western Financial Savings Bank

 

MORTGAGE, FINANCE & RELOCATION COMPANIES:  American Mortgage Express, Corp., Arca Financial, AVCO Financial, BancPlus Mortgage Corporation, BANN-COR Mortgage, Bancsmiths Mortgage Corporation, Boatman's Relocation, Cal Fed Mortgage, Comerica Mortgage Corporation, Commonwealth Capital Mortgage, Countrywide, Courtesy Funding, Entree Mortgage, Fleet Mortgage, First Federal Mortgage, First Reliance of America, Glen-Fed Mortgage, Golden Pacific Mortgage, Granite Mortgage Center, Headlands Mortgage Company, HomeComings Financial Network, Irwin Mortgage Corp., Legend Financial Group, Inc., Mical Mortgage, Inc., Mid-America Financial Services, National Home Mortgage, NationsBanc Mortgage, New West Mortgage, North American Financial, Norwest Mortgage, Pioneer Home Funding, Priority Financial, Riverside Thrift & Loan, Temple Inland Mortgage, Trader's Mortgage, Tustin Thrift & Loan, Western Cities Mortgage

 

PRIVATE SECTOR & CORPORATE: AMCAST Aerospace Products, Boston Safe Deposit & Trust Co., Cal Gas Corporation, Chicago Title Insurance Co., Coldwell Banker, Deloitte & Touche, E.F. Hutton, Farmers Insurance Group, Founders Title Group, Goodyear Corporation, Hemet Valley Hospital Foundation, Hope Trust Deed Company, Hughes Aircraft Corporation, Lockheed Corporation, Merrill Lynch, Metro Theaters, Pepperdine University, Precision Aerotech, Inc., ROHR, Inc., Spartan Oil Corporation, Taco Bell, University of Redlands

 

U.S. Department of Housing & Urban Development (HUD) and the Federal Housing Administration (FHA):  Presently on approved panel/roster as fee appraiser for residential properties.

   


 

TIERRA WEST

Appraisal & Land Use Dynamics, Inc.

 

133 N. Buena Vista St., Suite #4, Hemet, CA 92543
Inland Empire: (951) 929-2345 / Desert & Beach: (760) 322-9322

Corporate Fax: (951) 658-9593

 

E-Mail: D. Brian Shumway, Pres-CEO

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Updated 07/03/07 by DBS