BTI Appraisal is a broad-based appraisal company which provides a consistently high level of Real Estate Appraisals, Business Valuations, and Machinery and Equipment Appraisals for Business, Professional, Public and Private Sectors. When you choose BTI Appraisal, you benefit from a strong tradition of experience and accuracy.
A corporate philosophy stressing efficiency and attentive service has made BTI a leader among independent appraisers. They are proud of their reputation for stability, responsiveness, and accomplishment in and out of the courtroom. At BTI, their seasoned staff of success oriented professionals treats each assignment with precise attention to detail, providing needed research and responsive service on a wide range of appraisal needs.
Litigation Support - BTI’s Founder and Chairman, Ben F. Tunnell III, has headed the firm since 1974. Previously, he spent eight years with First Interstate Bank of California as vice president at their corporate headquarters in Los Angeles. He served on the board of arbitrators for both the American Arbitration Association and the Better Business Bureau. He has also been a Registered Investment Advisor and Broker/Dealer with the Securities and Exchange Commission and a licensed, California Real Estate Broker.
Mr. Tunnell is an ASA, the senior designation of the American Society of Appraisers, and a California Certified General Real Estate Appraiser #AG-6964. He has qualified and testified in Federal and Superior Courts, as well as in arbitration proceedings as an expert witness in Business Valuations, Real Estate, and Machinery and Equipment Appraisals.
Randall Bell, PhD, MAI, is the owner of Landmark Research Group LLC which specializes in Real Estate Damage Economics. By utilizing advanced valuation methodologies, they are able to determine what impact, if any, that a detrimental condition has on property values. His clients include government agencies, oil, insurance and utility companies, corporations, developers, lenders and property owners.
Areas of Expertise:
Complex Real Estate Disputes
Other Detrimental Conditions
Litigation Support - As an Expert Witness and Strategic Consultant, Dr. Bell can determine the merits of a claim. His experience and research includes the World Trade Center, Hurricane Katrina, Bikini Atoll Nuclear Test Sites, Chernobyl, Hiroshima, the Oklahoma City Bombing, Mt. St. Helen’s Volcano, the Manoa Hawaii Landslides and many others.
Dr. Bell has a MBA from UCLA and is the author of the book "Real Estate Damages" published by the Appraisal Institute. His career has been profiled by the Wall Street Journal, People Magazine, CNN, ABC's 20/20 and more.
Most appraisers will be asked to appraise property subject to detrimental conditions at some point in their careers. The unique problems that arise in these complex valuation situations can be addressed by applying fundamental economic principles and innovative valuation techniques. A comprehensive and valuable resource for all real estate professionals, Real Estate Damages: Applied Economics and Detrimental Conditions, second edition, provides a straightforward approach to solving these complex valuation problems.
Real Estate Development Expert Witness John Dalkowski
John A. Dalkowski III, CRE, MAI, is Managing Director of NRER, with offices in New York, NY; Miami, FL; and Charlotte, NC. He has over 45 years experience in providing Real Estate Valuations totaling in excess of $10 Billion in real estate asset value, and in providinglitigation and arbitration support, and expert witness services, Real Estate Development consulting, Counseling and brokerage services - performed in 26 states to date.
My specific areas of expertise include litigation related to real estate diminution of value damages - due to environmental stigma or other external forces, air rights / TDR’s, full and partial interests' appraisals, real estate development / EB-5 market and feasibility studies, and acquisition / disposition due diligence. I am experienced in providing transactional counseling, litigation / arbitration support & expert witness testimony, forensic appraisals and valuation advisory services, particularly on specialized or complex urban transactions, and also, in Real Estate Broker Fiduciary Duties & Standards of Care, and Appraiser Malpractice / USPAP issues.
I have completed countless valuations over 45+ years’ - encompassing major Manhattan hotels and office buildings, valuations of major urban hotels, resorts and hospitality properties including timeshares, allocation of tangible and intangible [business value] assets, fractional interest appraisals, valuations and alternative use studies, valuation of ski resorts, indoor waterparks, adventure centers / entertainment venues and valuation of correctional facilities. I have performed more than 100 distressed asset valuations for the FDIC, as well as complex litigation support such as in the Chinese Drywall test case in New Orleans.
Real Estate Damages
Acquisitions & Dispositions
Full and Partial Interests' Appraisals
Hotel Valuations, Timeshares
Real Estate Development Counseling
Real Estate Broker Standards of Care
EB-5 Feasibility Studies
Diminution of Value related to Stigma
Appraiser Malpractice / USPAP Violations
Tax Appeal Asset Allocation
Air Rights / Transfer of Development Rights (TDRs)
Paul Chandler, MAI, has over 30 years of experience as an MAI Designated Real Estate Appraiser and CEO of Property Sciences, a national Residential and Commercial real estate appraisal company.
Both the company's residential and commercial divisions continually benefit from Mr. Chandler's background in valuation, appraisal, lender-platform technology development, and online and print media. Prior to forming Property Sciences, he was Senior Vice President of Corinthian Real Estate, where he provided financial institutions with market analysis, branching strategy and site acquisition consulting.
Litigation Support - Mr. Chandler has extensive experience presenting and defending its expert conclusions and opinions in depositions and trial testimony. He offers support from early case assessment and discovery through final resolution, relying on real-world strategic and operational experience, strong academic and professional credentials, and extensive practical knowledge of real estate customs and practices, and damages analysis.
Areas of Expertise:
Market Resistance / Stigma Damages for:
Contamination / External Detriments
Advice and objective analyses leading to an improved understanding of the issues involved in a case and supply expert testimony about critical issues in the litigation
Testimony concerning industry standards, customs and practices in order to evaluate the legal liability of the parties
Forensics analysis to ascertain the facts and determine the historic context of the disputed issues
Computation of economic effects to provide a court with an objective measure of value and damages, if any
Advice to counsel including the evaluation of the arguments of opposing experts, assisting with the development of lines of questioning or specific questions for use in expert or percipient witness depositions and serving as real-time advisors to counsel to evaluate the responses of deponents during live deposition testimony
Trial support services, including jury consulting, graphic design of courtroom visuals and technology support