John is a Vice President, a senior appraiser and director of special projects at Shenehon. During his 22 years on the real estate team, John has made a name for himself valuing wetlands, rail corridors, recreational properties and pipelines. In addition to appraising, John oversees the progress of our analysts towards full licensure in the state of Minnesota. He teaches graduate students at the University of St. Thomas and regularly contributes to our in-house newsletter, Valuation Viewpoint, and to the International Right-of-Way Magazine.
Awarded scholarships by the Minnesota Association of Realtors and by the Minneapolis Chapter of the American Institute of Real Estate Appraisers.
PROFESSIONAL QUALIFICATIONS & ASSOCIATIONS
LICENSED APPRAISER (CERTIFIED GENERAL)
PROFESSIONAL EXPERIENCE
Shenehon Company
Vice President/Director of Special Projects since 2002
Appraiser since 1986
St. Cloud State University
Graduate Assistant to Minnesota Chair in Real Estate, 1983 to 1985
Instructor - Real Estate Principles Course, 1985
DUTIES & RESPONSIBILITIES
Prepare professional valuation and market analysis reports for all types of real property, business enterprises, and intangible property rights. Typical assignments include studies for highest and best use, mortgage financing, condemnations, tax abatement proceedings, feasibility studies, sales and purchases, leasehold and leased fee interests, and internal management decisions.
Adjunct Professor, University of St. Thomas, Various Dates - "Easements"
ARTICLES
"Unintended Consequences: The Impact of Medians." Right of Way January/February 2008
"Appraising Public Utility Easements in a Railroad Corridor." Right of Way January/February 2007
"Complexities of Pipeline Easement Damages on Midwest Farmland." Right of Way November/December 2006
"Adopting Old Theories for New Applications: A New Approach to Church Valuations." Paper Presented at 16th Annual Meeting, American Real Estate Society April 2000
CO-AUTHORED ARTICLES
Schmick, John T., and Robert J. Strachota. "Railroad Right of Way - Appraising Public Utility Easements, Part II." Right of Way March/April 2006
Schmick, John T., and Robert J. Strachota. "Railroad Right Of Way - Appraising Public Utility Easements, Part I." Right of Way January/February 2006
Schmick, John T., and Robert J. Strachota. "Larger Parcel Theory." Real Estate Review Fall 1987
Contributor: Valuation Viewpoint, Shenehon Company
Contributor: Minnesota Real Estate Journal
PARTIAL CLIENT LIST
Bassford, Lockhart, Truesdell & Briggs, P.A.
Danforth, Meierhenry & Meierhenry, P.A.
Dorsey & Whitney
Faegre & Benson
Grace Church of Edina
Gray, Plant, Mooty, Mooty & Bennett
Hennepin County Regional Railroad Authority
Investment Management, Inc.
Kelly & Fawcett, P.A.
Leonard, Street and Deinard
Metcalf, Larson & Muth, P.A.
Metropolitan Airports Commission
National Presto Company
Neils, Franz, Chirhart, P.A.
Opus Corporation
Principal Insurance
Robins, Kaplan, Miller & Ciresi LLP
San Diego Gas and Electric
Siegel, Brill, Greupner, Duffy & Foster P.A.
Xcel Energy
W.D. Schock Company
Williams Pipeline Co.
Wilson's, The Leather Experts
Woods Fulkler Shultz & Smith, P.C.
Scot is Vice President and Director of Information Systems at Shenehon Company. He is a Certified Business Appraiser with over 19 years of experience in the valuation of businesses and intangible property rights. Scot's assignments include, but are not limited to: mortgage financing, condemnation feasibility, potential sale or purchase, gift and estate valuations, lost profit analyses and unique business enterprises.
Successfully completed the following real estate and business valuation courses and seminars:
A.I.C.P.A.
The Appraisal Institute
Institute of Business Appraisers
L & H
PROFESSIONAL QUALIFICATIONS & ASSOCIATIONS
LICENSED APPRAISER (CERTIFIED GENERAL)
PROFESSIONAL EXPERIENCE
Shenehon Company, Minneapolis, Minnesota
Vice President, Director of Information Systems, September 2002 to Present
Senior Business Appraiser, March 1987 to September 2002
DUTIES & RESPONSIBILITIES
Prepare professional valuations for business enterprises and intangible property rights. Appraisal assignments have included professional practices, service businesses, retail businesses, manufacturing concerns, leasehold interests, minority interests, limited partnerships, and limited liability corporations. These assignments have included mortgage financing, condemnation feasibility, potential sale or purchase, gift and estate, valuation of "limited and general partner interests in real estate and business partnerships," internal management decisions, and the allocation of purchase price.
CO-AUTHORED ARTICLES
Torkelson, Scot A., et al. "Discount and Capitalization Rates: Practical and Defensible Deviation." IBA Course August 25 & 26, 2004
Torkelson, Scot A., et al. "Challenges of Valuing an S Corporation in the Gross Environment: A Continuum Model as a Solution." Business Appraisal Practice Summer 2003
Torkelson, Scot A., et al. "The Roll Up: Look Before You Leap." Valuation Viewpoint Spring 2001
Torkelson, Scot A., et al. "Operating Companies Versus Holding Company Valuation" Valuation Viewpoint November 1995
TEACHING EXPERIENCE
"Business Valuation Case Study." University of St. Thomas - Master of Science in Real Estate
"Mastering Appraisal Skills for Valuing the Closely Held Business." IBA 8-Day Workshop
Bob, a Vice President and senior appraiser, has over 30 years of real estate experience. He is recognized as one of the top TIF (Tax Increment Financing) valuation experts in the Midwest. With an ASA designation in Machinery and Equipment, Bob is well-suited to the many commercial multi-family and special purpose property assignments he encounters.
COMPLETED COURSES
THE APPRAISAL INSTITUTE
PROFESSIONAL QUALIFICATIONS & ASSOCIATIONS
LICENSED APPRAISER (CERTIFIED GENERAL)
PROFESSIONAL EXPERIENCE
Shenehon Company, Minneapolis, Minnesota
Vice President, September 2002 to Present
Senior Appraiser, April 1993 to September 2002
American Appraisal Associates
Senior/Staff Appraiser, September 1978 to March 1993
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 mortgage financing, condemnation, tax abatement proceedings, investment counseling, potential sales and purchases, lease and rental analyses, bankruptcy proceedings, charitable donations, internal management decisions, allocation of purchase price, and insurance indemnification. Has testified in district court and commissioners' hearings regarding valuation issues.
PARTIAL CLIENT LIST
American Realty Advisors
Bremer Bank
Boston Scientific/SciMed
Brookfield Properties (US) LLC
Carlson Companies
Cargill
Caterpillar
CB Richard Ellis
Citicorp
City of Bloomington
City of Chaska
City of Fridley
City of New Hope
City of St. Paul
CSM Corporation
Dorsey & Whitney
Faegre & Benson
Frauenshuh Companies
Fredrikson & Byron
GE Credit Corporation
HealthEast
Hillcrest Development
Hinshaw & Culbertson
Hoyt Properties, Inc.
H.U.D.
Internal Revenue Service
Katun Corporation
Kraus Anderson
Leonard, Street & Deinard
Lindquist & Vennum
Lutheran Brotherhood
McGough Construction
Metropolitan Airports Commission
Minnesota Public Radio
Moss & Barnett
NorthMarq Capital
Novartis
Opus Corporation
Property Reserve, Inc.
Prudential Insurance
Robins, Kaplan, Miller & Ciresi
St. Paul Properties
Silicon Graphics
Smith Gendler Shiell Sheff Ford & Maher
The Thymes Limited
Union Labor Life Insurance Company
UnitedHealth Group
United Properties
U.S. Postal Service
University of Minnesota
University of St. Thomas
Dept of Veterans Affairs
W.D. Schock
Wells Fargo
Wendy is Vice President of Shenehon Company with 25 years of experience analyzing real estate and business properties. In addition to preparing valuation analyses and consulting on valuation issues, Wendy specializes in litigation. In fact, many lawyers specifically request that Wendy handle their clients' property interests. Her assignments involve numerous property types for financing, condemnation, potential sales, internal management decisions, marriage dissolution and estate planning.
PROFESSIONAL QUALIFICATIONS
PROFESSIONAL EXPERIENCE
Shenehon Company, Minneapolis, Minnesota
Vice President, September 2004 to Present
Fredrikson & Byron, P.A., Minneapolis, Minnesota
Senior Paralegal, February 1988 to September 2004
TCF Mortgage Corporation, Minneapolis, Minnesota
Loan Officer, January 1987 to October 1987
Community Management Company, Minneapolis, Minnesota
Property Administrator, October 1981 to September 1986
DUTIES & RESPONSIBILITIES
Prepare real estate valuations, market analyses, feasibility studies and rent analyses. Experience encompasses a wide variety of property types including office, industrial, retail, multi-family, subdivisions, casinos, gas stations, and travel plazas. The specific purposes of these assignments include eminent domain proceedings, potential sales, internal management decisions, development feasibility, marriage dissolution, and estate planning. Specialized experience involves preparing affidavits, motions, and briefs, and providing litigation support.
PARTIAL CLIENT LIST
Katz, Manka, Teplinsky, Due & Sobol, Ltd.
Kennedy & Graven
Leonard, Street and Deinard
LeVander, Gillen & Miller, P.A.
Lindquist & Vennum, PLLP
Malkerson, Gilliland and Martin, LLP
Mansfield, Tanick, & Cohen, P.A.
Moss & Barnett, P.A.
Opus Properties
Tradition Capital Bank
YMCA
