Charles W. Parkhurst
MAI, SRA, AI-GRS, CCIM

President

  
What do these designations mean?

EDUCATION:

  • Bachelor in Science with honors, Psychology; Associate in Arts, Business Administration, Monmouth University, West Long Branch, New Jersey.
  • Graduate Study in Urban and Regional Planning, Virginia Tech, Blacksburg, Virginia.
  • MAI, SRA, and AI-GRS Designations -- Appraisal Institute - Successful completion of 394 hours of graduate level education, demonstration report, 7,600 hours of peerreviewed experience for general, residential, and appraisal review, and
    comprehensive exams.
  • CCIM Designation – Certified Commercial Investment Member – Commercial Investment
    Real Estate Institute – Successful completion of 176 hours of education in Financial,
    Market, User Decision, and Investment analysis; and a six hour Comprehensive
    Examination.
  • GAA and RAA Designations – General and Residential Accredited Appraiser --The Appraisal Section of the National Association of Realtors – Successful completion of six courses comprising 155 hours of appraisal education and 3,000 hours of work experience.
  • Appraisal Instructor Education – 60 hours of continuing education courses and seminars
    relating to real estate and appraiser education in the areas of membership guidance, adult education, leadership, and computer applications.
  • Real Estate Consulting and Appraisal - 377 hours of continuing education courses and
    seminars relating to various real estate property types, consulting, and computer
    software and technology.
  • Eminent Domain – 89 hours of continuing education sponsored by the Appraisal Institute, International Right of Way, and Piedmont Environmental Council in topics specific to eminent domain including: expert witness testimony, litigation support, and
    conservation easements.
  • Certified General Appraiser – States of Virginia, West Virginia, North Carolina, and
    Tennessee.
EXPERIENCE:

Forty years of experience in real estate, including: land development and construction; appraisal of residential, commercial, institutional, and industrial properties; and market and feasibility analysis. Former employers include national appraisal firms: Kirkland and Company and Pritchett, Ball, and Wise both located in Atlanta, Georgia.

Hospitality - Full- and limited-service, and extended stay hotels; fine-dining and fast-food branded restaurants, and co-branded properties. Experienced in the complexities in the valuation of downtown landmark hotels and distressed hotel/motel properties.

Retail - Freestanding retail facilities to regional shopping malls including specialty and outlet malls. Analysis of discounted cash-flows using ARGUS spreadsheet software.

Industrial - Major industrial properties throughout Eastern United States. Qualified in analysis of construction types, marketability, feasibility, and risk analysis. 

Health Care/Retirement -Medical, Personal Care, Substance Abuse, Blood Donation centers; and independent living and retirement communities. Methodology has been devised for Fee
Simple condominium projects, endowment/rental facilities, senior living--low income housing tax credit projects, and adult congregate living facilities.

Office - Small single-tenant and owner-occupied to Class "A" multi-story office buildings in a variety of metropolitan markets including first tier to fifth tier cities----Experienced in performing appraisals and marketability studies on proposed office and business parks.

Special Purpose - Appraisals of churches, synagogues, rescue squad buildings, family life centers, funeral homes, and burial parks.

Single-Family, Multi-Family and High-Density Residential - Apartment, condominium, and planned unit developments including residential subdivisions, cluster housing, and garden and high-rise style apartment buildings. Experience includes considering the impact of Low Income Housing Tax Credits and other Tax Abatement programs in redevelopment areas.

Eminent Domain and Expert Witness Testimony –Performed appraisals for eminent domain and condemnation cases involving highway expansion, gas pipeline, power line, scenic, and conservation easements and divorce and bankruptcy cases. Qualified as an expert witness in special commission and jury proceedings as a witness for parties on both sides.

PROFESSIONAL AFFILIATIONS:

  • Appraisal Institute – Former member of the Finance, Associate Guidance, and Membership Committees of the Virginia Commonwealth Chapter; Past Region V Chapter representative. Former service includes: Chapter Treasurer, Chairman of the Finance, and Associate’s Guidance committees; and member of the Leadership Development and Advisory Council.
  • CCIM Institute –Guest Speaker “Review of Southwest Virginia Real Estate Markets” for the “Annual Dominion Directions” Conference sponsored by the Virginia Chapter of the CCIM Institute.
  • Member of the Roanoke Regional and the Smith Mountain Lake Chambers of Commerce
  • Member of the Roanoke Valley Association of Realtors®
  • Member of the Institute of Real Estate Management®
  • Certified General Real Property Appraiser in Virginia, West Virginia, Tennessee, and North Carolina.
 

 
Todd Ohlerich Todd W. Ohlerich
Senior Appraiser, Greylock Advisory Group, Ltd.
Real Estate Consultants and Appraisers

EXPERIENCE:

Seven years experience as an appraisal staff researcher and appraiser.
Eight Years experience as an elementary education instructor in Mathematics.

EDUCATION:

BA Double Major- Mathematics and Elementary School Education, Castleton State College, Castleton, Vermont.

Appraisal Institute courses and seminars as follows:

110 - Basic Appraisal Principles
120 - Basic Appraisal Procedures
300 – Real Estate Finance, Statistics, and Valuation Modeling
310 – Basic Income Capitalization
320 – General Applications
410 – Business Practices and Ethics
420 - Uniform Standards of Professional Appraisal Practice,
    Parts A and B
510- Advanced Income Capitalization
530- Advanced Sales Comparison and Cost Approach
540- Advanced Applications
Subdivision Valuation Seminar
Discounted Cash Flow Seminar

PROFESSIONAL AFFILIATIONS:

  • Certified General Real Estate Appraiser Virginia 4001-015972
  • Candidate for Designation-Associate Member of the Appraisal Institute
  • President of Smith Mountain Lake Marine Volunteer Fire and Rescue Department; Serves as President (2009- 2012), member of the Board of Directors (2006-Present), Lieutenant (2010-2012), Captain (2013-Present) and Secretary (2003-2009).
  • Vice President - Long Estates Civic Association (2006-2010)
  • Professional Ski Instructors of America; Certified Ski Instructor (1993-Present)
  • National Fire Protection Association Certified Firefighter-
    -Firefighter I certification
    -Firefighter II certification
    -Hazardous Material Operations certification Professional Association of Diving
  • Instructors- Certified Advanced Open Water and Rescue Diver
 
 

 
Michael D. Varner Michael D. Varner
Staff Appraiser, Greylock Advisory Group, Ltd.
Real Estate Consultants and Appraisers

EXPERIENCE:

Two years experience as an appraisal staff researcher and appraiser.
Eight Years experience as a Captain in the Greensboro, North Carolina Fire Department. 

EDUCATION:

  • Currently enrolled in Southern Columbia University pursuing BS in Fire Technology
  • Staub Leadership Graduate-November 2002
  • City of Greensboro Leadership 2000 Graduate-September 25, 2003
  • 51 weeks of training/California Computer Products School of Technology-Anaheim, Ca.
  • Graduate of Rockingham Community College/Computer Electronics-August, 1981
  • 14 North Carolina State Certifications

Appraisal Institute courses and seminars as follows:

  • Basic Appraisal Principles
  • Basic Appraisal Procedures
  • Real Estate Finance, Statistics, and Valuation Modeling
  • Business Practices and Ethics
  • Uniform Standards of Professional Appraisal Practice
  • General Appraiser Income Approach/Part 1
  • General Appraisal Sales Comparison Approach

AWARDS AND HONORS:

  • 8 Life Saving Medals
  • 2 Technical Rescue Medals
  • 5 Letters of Commendation

PROFESSIONAL AFFILIATIONS/COMMUNITY SERVICE:

  • (Virginia) State Registered Real Property Appraiser
  • Associate Member of the Appraisal Institute
  • Volunteer Epworth United Methodist Church
  • Special Olympics
  • CPR/First Aid Instructor
  • Red Cross
  • Guilford County Search and Rescue