Clay joined the Shenehon business valuation team in 2002. He holds the Accredited Senior Appraiser (ASA) designation in business valuation from the American Society of Appraisers and an MBA in Financial Management from the Carlson School at the University of Minnesota. Clay works with clients facing a wide variety of valuation-specific issues including estate planning, shareholder disputes, marital dissolutions, and others. In addition to his valuation responsibilities, he makes time to teach and publish journal articles.
Successfully completed the four Business Valuation Principles of Valuation courses offered by the American Society of Appraisers (ASA)
The Appraisal Institute
PROFESSIONAL QUALIFICATIONS & ASSOCIATIONS
Accredited Senior Appraiser (ASA) in Business Valuation - American Society of Appraisers
PROFESSIONAL EXPERIENCE
Shenehon Company, Minneapolis, Minnesota
Senior Valuation Analyst, April 2006 to Present
Valuation Analyst, July 2002 to April 2006
DUTIES & RESPONSIBILITIES
Prepare professional valuations and market analyses of business enterprises and intangible property rights. Appraisal assignments have included professional practices, manufacturing and service businesses, minority interests, limited partnerships, and common-tenancy issues. Experience includes estate and gift tax, marriage dissolution, shareholder disputes, ESOP valuations, personal bankruptcy, potential sale, fairness opinions, and fair compensation.
TEACHING EXPERIENCE
Adjunct Professor - University of St. Thomas, Master of Science in Real Estate
Adjunct Professor - University of St. Thomas, Commercial Real Estate Specialist Program
ARTICLES
"Executive Compensation: Too Much of a Good Thing?" Valuation Viewpoint Spring 2005
"How is Value Created?" Shenehon Company Hot Topic February 2009
SPEAKING ENGAGEMENTS
"Court Case Update." North Central Chapter of Institute of Business Appraisers October 2005
"New Thoughts on the Market Approach." 16th Annual Business Valuation Conference February 2006
PARTIAL CLIENT LIST
Anthony, Ostlund & Baer, PA
CBIZ, Inc.
Dunkley, Bennett, Christensen & Madigan, PA
Lindquist & Vennum, PLLP
Faegre & Benson, LLP
Fredrikson & Byron, PA
Gray Plant Mooty, LTD
Internal Revenue Service
Leonard, Street and Deinard
Moss & Barnett, PA
Maslon, Edelman, Borman & Brandt, LLP
RSM McGladrey, Inc.
Chris came to Shenehon with a degree in real estate from the University of St. Thomas. As a valued member of the real estate team, Chris has willingly tackled some very challenging appraisal assignments in the areas of tax abatement, condemnation and special use property valuations. In 5 years, he successfully completed the required coursework and experience hours to obtain his Minnesota Certified General appraiser's license.
Successfully completed the following real estate courses and seminars:
UNIVERSITY OF ST. THOMAS
THE APPRAISAL INSTITUTE
LICENSED APPRAISER (CERTIFIED GENERAL)
PROFESSIONAL EXPERIENCE
Shenehon Company, Minneapolis, Minnesota
Senior Appraiser, September 2007 to Present
Appraiser, January 2007 to August 2007
Valuation Analyst, 2002 to 2006
ARTICLES
"Appropriate Use of the Development Cost Approach in Condemnation." Shenehon Company Website - Hot Topic December 2008
CO-AUTHORED ARTICLES
Stockness, Christopher J. and John T. Schmick. "Capturing the Value of Unique Assets." Valuation Viewpoint Summer 2007
Stockness, Christopher J. and Robert J. Strachota. "Appraising Development Projects During Challenging Economic Times." Minnesota Real Estate Journal August 2008
DUTIES & RESPONSIBILITIES
Conduct valuation assignments for various public, quasi-public, private entities. These include preparing professional valuations and market analysis of real estate in the Midwest with experience expanding throughout the United States. Real estate appraisal assignments have involved numerous types of commercial, multiple family, industrial, and special purpose properties. These assignments have included mortgage financing, condemnation, tax abatement, investment counseling, potential sales and purchases, lease and rental analyses, charitable donations, internal management decisions, allocation of purchase price, bankruptcy, special assessment benefit analysis, Internal Revenue estate valuations and insurance indemnification.
PARTIAL CLIENT LIST
Allina Hospitals and Clinics
Associated Bank National Association
Briggs & Morgan
Cargill
City of Brooklyn Park
City of Grand Forks
City of New Hope
City of St. Paul
Dorsey & Whitney, LLP
Ecolab
Equity Financial Services
Faegre & Benson
First National Bank
GE Government Finance, Inc.
Highland Bank
Hollander Asset Strategies
Leonard Street & Deinard
Mesaba Airlines
Minnesota/Iowa AAA
MN Department of Natural Resources
MN Department of Transportation
NorthMarq
Opus
Roundtree Capital Corporation
Shapiro Professional Association
St. Paul Travelers
United States Department of Justice
United States Postal Service
University of Minnesota
University of St. Thomas
Virchow Krause & Company
Andy is senior appraiser at Shenehon who works primarily on the real estate team. His assignments include a variety of property types, including those with real estate and business components. Andy stays abreast of the market trends and tracks changes to the laws governing appraisers and appraisals.
Attended and successfully completed the following relevant valuation courses and seminars:
UNIVERSITY OF ST. THOMAS
INVER HILLS COMMUNITY COLLEGE
THE APPRAISAL INSTITUTE
Waiver received from the Appraisal Institute for the following courses:
PROFESSIONAL QUALIFICATIONS & ASSOCIATIONS
MEMBER
LICENSED APPRAISER (CERTIFIED GENERAL)
PROFESSIONAL EXPERIENCE
Shenehon Company, Minneapolis, Minnesota
Senior Appraiser, January 2007 to Present
Appraiser, February 2006 to December 2006
Valuation Analyst, August 2004 to February 2006
DUTIES & RESPONSIBILITIES
Prepare professional valuations and market analysis of real estate, business enterprises, and intangible property rights. Appraisal assignments have involved numerous types of commercial, multiple family, industrial, and special purpose properties. These assignments have included highest and best use studies, mortgage financing, condemnation, feasibility analysis, investment counseling, potential sales and purchases, lease and rental analyses, bankruptcy proceedings, charitable donations, internal management decisions, and allocation of purchase price.
CO-AUTHORED ARTICLES
Donahue, Andrew T., and John T. Schmick. "Changes in Eminent Domain Law: Minnesota is Moving in the Right Direction" Valuation Viewpoint Winter 2007
PARTIAL CLIENT LIST
Anthony, Ostlund & Baer, P.A
Fredrikson & Byron, PA
Suntide Commercial Realty
Best & Flannagan
Henson & Effron
State of Minnesota - DNR
Catholic Charaties
Leonard, Street and Deinard
United Health Care
City of Minneapolis Public Schools
Murphy Warehouse
University of Minnesota
Dorsey & Whitney
Omaha Steaks
University of St. Thomas
Faegre & Benson, LLP
Opus Corporation
Zieglar Cat
Chuck is a member of the Shenehon business valuation team, and also holds a Registered Real Property Appraiser license. His experience in corporate financial management and real estate assessment, as well as his MBA degree in finance, serve him well as he prepares professional valuations of business enterprises across a wide range of industries, intangible property rights, and real estate. Chuck is currently pursuing his CBA designation, but still finds some time each year to contribute to the annual business valuation conference presentations. He recently co-authored an article for publication in Valuation Viewpoint, Shenehon Company's newsletter.
CARLSON SCHOOL OF MANAGEMENT MBA PROGRAM
INSTITUTE OF BUSINESS APPRAISERS
PROSOURCE EDUCATIONAL SERVICES
THE APPRAISAL INSTITUTE
MINNESOTA ASSOCIATION OF ASSESSING OFFICERS
PROFESSIONAL QUALIFICATIONS & ASSOCIATIONS
LICENSED APPRAISER (REAL PROPERTY)
PROFESSIONAL EXPERIENCE
Shenehon Company, Minneapolis, Minnesota
Senior Valuation Analyst, 2005 to Present
Marshall Field's, Minneapolis, Minnesota
Senior Financial Analyst, 1999 to 2005
Ramsey County, St. Paul, Minnesota
Real Estate Assessor, 1996 to 1998
Deputy Registrar (Torrens), 1992 to 1995
DUTIES & RESPONSIBILITIES
Prepare professional valuations and market analyses of business enterprises, real estate, and intangible property rights.
TEACHING EXPERIENCE
"Business Valuation Case Study." University of St. Thomas
CLIENT & ASSIGNMENT TYPES
Conducted business valuations for companies across a wide range of industries with annual revenues ranging from start up status to over $700 million and performed real estate appraisals for various property types including office/industrial, golf course, retail commercial, mixed use, and manufactured home parks. Primary geographic concentration has been in the Midwest with services continuing to expand throughout the country.
Tim holds a degree in Real Estate Studies from the University of St. Thomas, and has been a member of the Shenehon real estate team since 2006. Tim's assignments cover the areas of multi-family housing, condemnation proceedings, commercial businesses, and properties with special use permits or grandfathered uses. He currently attends Hamline University in pursuit of a law degree.
Attended and successfully completed the following relevant valuation courses and seminars:
UNIVERSITY OF ST. THOMAS
PROFESSIONAL QUALIFICATIONS & ASSOCIATIONS
LICENSED APPRAISER (RESIDENT)
PROFESSIONAL EXPERIENCE
Shenehon Company, Minneapolis, Minnesota
Valuation Analyst, July 2005 to February, 2007
Appraiser, March 2007 to Present
DUTIES & RESPONSIBILITIES
Conduct real estate valuation assignments for various public, quasi-public, private entities. Appraisal assignments have involved numerous types of commercial, multiple family, industrial, and special purpose properties. These assignments have included highest and best use studies, mortgage financing, condemnation, feasibility analysis, investment counseling, potential sales and purchases, lease and rental analyses, charitable donations, internal management decisions, fairness opinions and allocation of purchase price.
ARTICLES
"Conditional and Grandfathered Uses Complicate the Appraisal Process." VALUATION VIEWPOINT Winter 2008
PARTIAL CLIENT LIST
Danforth and Meierhenry, LLP
Gray, Plant, Mooty, Mooty, & Bennett
Redmon Law
Maslon, Edelmen, Borman, & Brand
Leonard, Street and Deinard
Katz & Manka
Moss & Bennett
Gilsdorf & Askvig
Parker Rosen LLC
Wilkerson & Hegna, PLLP
Catholic Charities
Veterans Administration
Robbinsdale Area Schools
University of Minnesota
University of St. Thomas
Independent School District #277
Regions Hospital
Opus Corporation
Internal Revenue Service
Gillette Children's Hospital
Zieglar Cat
Malkerson Gilliland Martin, LLP
Dakota County Community Development Agency
As a member of the Shenehon real estate team, Kate specializes in valuing luxury homes, multi-family properties and commercial land. Kate graduated from the University of St. Thomas with a degree in Real Estate Studies, and is currently fulfilling the requirements for becoming a Certified General Appraiser.
Heather joined the business valuation team in early 2007. Her experience to date includes 100% and partial interest valuations for estate and gifting purposes, potential sales and marital dissolutions. Heather is a member of the Institute of Business Appraisers and is actively pursuing her CBA designation.
Laura graduated from St. Norbert College in DePere, Wisconsin with a Bachelor of Arts Degree in Sociology. Laura currently holds a Certified General Appraiser license in the state of Minnesota, and is pursuing a Master of Science in Real Estate at the University of St. Thomas.
Joshua earned a B.A. in Finance with honors from the University of St. Thomas. Joshua has worked on 100% and partial interest valuations relating to estate taxes, buy-out agreements, marriage dissolution and conservation easement. He plans on pursuing the Chartered Financial Analyst designation.
