Real Estate: Investment Analysis Expert Witnesses: 14

Michael J. Welton, a Self Employed Consultant since 1998, has been retained as an expert in over seventy-five separate cases in the areas of Property Management, Asset Management, Wrongful Death, Premises Liability, Real Estate Development and Toxic Mold Remediation Protocol for Commercial and Multi-Family properties. He has extensive experience dealing with injuries that occur on income-producing properties, toxic mold in residential and commercial properties, premises liability, life-safety issues, wrongful death, and standard of care in multi-family, retail, and commercial properties.

As a seasoned and experienced real estate professional, Mr. Welton has the background to develop successful income-producing assets, evaluate and complete the acquisition of income-producing assets, and create teams of individuals to professionally manage any type of real estate.

Significant Accomplishments:

• Increased annual rent from $18 million in 1990 to $49 million in 1995
• Supervised/negotiated credit tenant lease transactions generating in excess of $500 million of long-term revenue
• Consistent double-digit rates of return on invested capital
• Developed 1,212,000 square feet of retail shopping centers from 1990 to 1998
• Directly responsible for the acquisition and disposition of one asset generating before-tax profits of $32 million

Mr. Welton has court and deposition testimony experience in AZ, CA, OK, MO, OH, NC, and TX. He is available to travel ANYWHERE.

James D. Wamble, PE, RLS has over 40 years of experience as a Professional Civil Engineer and Registered Land Surveyor. During the course of his career, Mr. Wamble has worked on land planning, land surveying, or civil engineering projects in all counties of the middle and west Tennessee regions, and several counties in east Tennessee. Mr. Wamble has offered litigation support services as an expert witness in cases since 1976. In the last four years, he has testified 10 times in 7 lawsuits. These litigation cases include land planning, land surveying, and civil engineering issues. Mr. Wamble has experience with depositions, trials, hearings, and arbitrations.

Expert Witness Services Include:

Areas of Expertise:

• Civil Engineering: Design of grading, drainage, utilities, roads, lakes, dams, detention basins, parking lots, shopping centers, subdivisions, apartments, condominiums, planned unit developments, specific plans, industrial parks, mobile home parks, mini warehouses, hotels and office building site plans; flood, drainage, and utility studies; low impact design; financial developability and constructability analysis of proposed developments; preparation of cost estimates; assisting clients in setting project budgets; designing projects to contain cost within determined project budget; construction project management, inspection, administration, and processing of contractors’ pay requests
• Land Surveying: Topographic, Route, Land, Boundary, Utilities, Aerial ground control, Engineering design, and Construction Surveys
• Land Planning: Land use/development feasibility analysis, planning and concept design of residential, commercial, industrial and municipal projects; zone change applications; planned unit development and specific plan applications; site selection consultation; and graphic presentations

View James Wamble's Consulting Profile.

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:

Services:

• 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
  

Andrew Shedlin, BA, JD, CRX, CLS, CSM, is an acknowledged industry leader in the field of Real Estate Leasing. He specializes in consulting on the Development, Management and Leasing of Shopping Centers & Airports for both developers and retailers. Mr. Shedlin serves as a developer and consultant for dozens of shopping center landlords and tenants. He also has extensive experience in Airport Retail and Restaurants as both landlord and tenant.

Mr. Shedlin has developed or redeveloped more than 35,000,000 square feet of shopping centers as principal or consultant and at all of the top 50 airports in the US, and negotiated more than 15,000 leases as principal, consultant, landlord or tenant (as a business person and attorney), his clients have included dozens of international, national, regional, and local retailers and restaurants. Mr. Shedlin is a longtime member of ICSC’s faculty of the John T. Riordan School for Professional Development and a founding member of ICSC’s CLS Admissions and Governing Committee. He has received the ICSC Trustee’s Distinguished Award, serves on the ICSC Illinois State Committee and was previously NY/NJ state director for ICSC. Mr. Shedlin has taught at both Columbia University Graduate School of Business and Georgetown University Law School and holds a JD from Boston University. He frequently lectures at business schools, law schools, and for industry groups on Shopping Center Leasing, Understanding Leases, and Business Ethics.

Litigation Support - Considered the definitive industry expert in negotiating and interpreting shopping center and airport leases, Andrew Shedlin has worked as an expert on dozens of landlord / tenant disputes involving Interpretation and Enforcement of Leases and Shopping Center Management. He has worked with major law firms in numerous cities throughout the US. His services are available to counsel representing plaintiff and defendant and include written reports, depositions, and trial testimony as needed.

Areas of Expertise:

Background Experience:

• Halperin, Shivitz, Scholer & Steingut - Associate
• Arlen Shopping Centers - Executive Vice President & Counsel
• Equity Properties and Development Company - Executive Vice President (responsible for leasing and development)
• Previously owned and operated 2 retail businesses
• Facilitated entry of several international retailers into the US market
• Authored several chapters in real estate publications on subjects of leasing and understanding the lease
• Co-authored definitive audio tape on lease negotiations
• Frequently quoted in media publications

Peter John Ingersoll is a distinguished CEO and Corporate Broker for Safe Harbour Equity, Inc., specializing in Cannabis Real Estate and Investment. With over 40 years of experience in investment real estate, construction, development, trust, and banking, Peter's role encompasses a focus on cannabis sector real estate, mergers and acquisitions, and capital advisory services. He has successfully managed complex transactions, capital structures, startup business protocols, and basis transfers.

Litigation Support - As a cannabis thought leader and expert witness, Peter offers services to attorneys for plaintiff and defense for creditor, investor, partner, and founder disputes.

Areas of Expertise:

Background Experience - A former Series 7, 22, and 63 licensee, as well as a Series 65 registered investment advisor, Peter brings a wealth of knowledge in fiduciary responsibilities, real estate and company financing structures, and tax-deferred transactions.

Graduate of Wharton School – University of Pennsylvania – Finance

View Safe Harbour Equity, Inc.'s Consulting Profile.

Steven D. Epcar, CPM an Expert in Real Estate and Property Management Issues with 35+ years of experience;including residential, commercial, retail, hotel, condominium and mixed-use properties. Experienced in litigation support including standard of care, partnership conflicts, brokerage issues,landlord/tenant, valuation, personal injury, habitability, environmental, life safety cases. 

Steven is a member of the Forensic Expert Witness Association (FEWA).  He serves as a real estate consultant for institutional and private investors, providing an array of services: asset/property management related assignments, organizational assessments, financial feasibility, due diligence,and new development services. 

Previously, Mr. Epcar served as President, Residential Services for Carmel Partners a R/E investment/management firm in San Francisco, Principal/Founding Partner of Ventana Property Services, a West Coast third party management and consulting firm and President,Prometheus Management Group,a development/investment/management firm.

Areas of Expertise:

Christopher Hanson, JD, CCIM, has over 44 years of experience in the Real Estate Industry. A retired trial lawyer of over 25 years who's dealt exclusively with real estate cases, Mr. Hanson currently provides subject matter expertise in all areas of real estate litigation.

Background Experience - As a California real estate trial attorney, Mr. Hanson has participated in over 880 Trials, Arbitrations, and Mediations (only 3 UDs). Cases have included negligence, fraud, non-disclosure, breaches of fiduciary duty, and contract. He's defended and sued brokers and their insurance companies. He has represented bidders, borrowers, and banks in regard to foreclosures; and both sides in loan workouts, and worked with national chains doing state-wide store rollouts, and lease renegotiations.  

Prior to his time as an attorney, Mr. Hanson worked for 12+/- years as a Real Estate Broker, actively selling and leasing property (commercial and residential). He holds a CCIM designation, earned by doing deals.  Before his role as a broker, he spent 7+/- years as a title insurance company Advisory Title Officer, where he researched and wrote Preliminary Reports.

Litigation Support - Mr. Hanson offers a balanced and unbiased opinion. His services are available to attorneys representing plaintiff and defendant and include document review, depositions, and discovery, along with arbitration and mediation. His opinion takes into account all the technicalities and nuances of real estate along with his 4 decades of experience, and is delivered in a way a jury can easily understand. 

Areas of Expertise:

Jeffrey S. Lapin, CPM, ARM, DREI, is an expert in maintenance and management procedures and reasonable standards of care for commercial and residential multifamily properties. He has been directly involved in Property Management, Leasing and Construction for over 40 years. 

Mr. Lapin is a Certified Property Manager (CPM®) and an Accredited Residential Manager (ARM), certified by the Institute of Real Estate Management (IREM®). Mr. Lapin is a certified instructor for IREM® and is a co-author of IREM's Maintenance and Risk Management Course (MNT 401). Mr. Lapin teaches for the Building Owners and Managers Association (BOMA®) and is a Distinguished Real Estate Instructor (DREI). Mr. Lapin teaches courses for these prestigious international property associations, including courses required by IREM® and by BOMA® for the respective professional accreditations they offer, centered around inspection and maintenance topics. He also served as President of the Institute of Real Estate Management (IREM®) Chapter 22 in Sacramento, California in 2016. 

Mr. Lapin specializes in Standard of Care for Landlords, Property Maintenance and Inspection Procedures, Management Policies and Procedures, and Asset Value Protection. His background includes roles with a diverse group of private property owners. His experience is in managing and leasing all types of property including commercial and multi-family residential, industrial, office, and retail real estate assets. 

Litigation Support - Mr. Lapin provides expert witness services on Commercial and Residential Real Estate Standards of Practice. His cases involve injuries, personal and financial, that occur as a result of an alleged failure by a commercial or multifamily landlord to follow reasonable standards of care and industry standard practices.

Areas of Expertise:

View Jeffery Lapin's Consulting Profile.

Jay Hibert was in the Commercial Banking Industry for over 25 years before leaving to form his own company, a real estate lending and consulting company. The company provides services to banks, non-banks, and individuals in need of creative financing solutions.  Still an ACTIVE lender in the industry, Jay stays updated on current customs and practices and has transacted hundreds of real estate and non-real estate loan negotiations in times of economic growth as well as downturns in the economy. His extensive credit background arms him with the understanding of how banks and other lenders operate internally.  

Litigation Experience - Mr. Hibert has been providing expert witness and consulting services since 2010. He has been designated over 250 times as an expert in 25 different states concerning matters relating to commercial lending, real estate, construction finance, SBA loans, brokerage, hard money loan expert and investment issues. His experience includes both Federal and State court cases where he has provided deposition testimony, trial testimony and arbitration testimony. 

Jay is a licensed Real Estate Broker (Cal DRE #01523) and for 10 years his company was a California Finance Lender and Broker through the California Department of Business Oversight. He is experienced in trial and deposition testimony and his services are available to counsel representing both Plaintiff and Defense. 

Key areas of expertise in litigation work include:

• SBA Real Estate Loans
• Hard Money Loans
• Lending Policies, Custom and Practice/Lender Liability
• Broker Standards of Care and Fiduciary Responsibility
• Loan Underwriting and Credit Administration
• Loan Process and Bank Loan Restructure/Workout Process
• Note Valuations/Collateral Review
• Litigation and Discovery Consulting
• Banking Operations/Administration
• Expert reports adherent to Federal Rule 26
• Hard Money Lending
• SBA Lending
• Loan Syndication/Secondary Market Loan Sales
• Title Insurance Cases
• Private Money Lending
• Predatory Lending
• Financial Elder Abuse
• Covid Related Finance Issues

*****Experienced in trial and deposition testimony*****

View Jay Hibert's Consulting Profile.

P. Marc Fischer | MBA, M.Ed. | CPM^®, RPA^®, CCIM^®, LEED^® GA, BOMA Fellow 

Marc Fischer is an internationally recognized Commercial Real Estate (CRE) expert with more than 30 years of proven performance in the fields of property management, building operations, and asset management. 

As an expert witness, Marc helps uncover the truth in complex real estate-related cases. Marc is well-known in the CRE community as a thought leader. He deeply understands CRE operations and the role of exceptional real estate management in optimizing asset value. As a highly skilled facilitator and instructor, he has the unique ability to communicate complex concepts clearly and concisely to legal professionals, judges, juries, and the general public.

He is recognized for thorough expert witness reports and straightforward testimony in depositions and trials. He supports both plaintiff and defendant counsels in various real estate-related issues, including:

Highlights Include:

• 30+ years of experience in all aspects of commercial real estate (CRE) property management, asset management, property operations, and construction
• MBA in Management / Organizational Behavior
• M.Ed. in Adult Education & Training (a highly valuable background for explaining complex concepts to judges and juries)

Industry Designations:

• Real Property Administrator (RPA®)
• Certified Property Manager (CPM®) 
• Certified Commercial Investment Member (CCIM®)
• LEED® Green Associate
• BOMA Fellow

Author of eight (8) CRE textbooks published by BOMA International (all translated into Mandarin):

• Acquisitions, Dispositions & Underwriting textbook
• Measuring Financial Returns textbook
• Lease Analysis, Evaluation, Negotiation, and Approval textbook
• Foundations of Real Estate Management textbook
• BOMA International Proactive Maintenance Guidebook for Industrial Properties
• Managing Industrial Properties
• Guide to Developing a Standard Operating Procedure Manual
• BOMA International Guide to Exterior Maintenance Manual

View INSPIRE CRE, LLC's Consulting Profile.

Timothy L. Unger's 40 year career has been focused on the Residential Sector of Real Estate ranging from the acquisition and development of large-scale multi-product master planned communities, home building and the acquisition of land portfolios.

Litigation Support - Mr. Unger provides analysis and testimony for land development, entitlement, and valuation of residential project cases. His services include thorough examination and reporting, depositions, and trial testimony as needed.

Background Experience - For the last 15 years, Mr. Unger and his partner of several years formed their own development company. They focused on the acquisition and entitlement of both greenfield and infill sites. In addition, Mr. Unger has completed some Expert Witness assignments that are master planned community oriented.

Relevant Experience:

• Managing the acquisition of two large real estate portfolios, including the underwriting, entitlement, financial analysis and business plan. Each one comprised of over 10,000 acres and 100 distinct parcels.
• The acquisition and restructure of a large master planned communities in northern and southern California. The ongoing development activities were accomplished with a dedicated on-site team selected and managed by Mr. Unger.
• Through the management of the entities describe above, built and sold approximately 8,000 homes, including 1,500 by his own company.
• Developed two significant brownfield projects in northern California including oversight of ground water and soils remediation.
• Entitled several individual as well several master planned projects, including working with the resource agencies to obtain permits necessary to initiate development
• Experience with all forms of CEQA compliance.

Dick Bridy, PhD, is a Commercial Real Estate expert and entrepreneur with over 40 years of Commercial Real Estate Development, Brokerage, Investment, Leasing, Private Equity Sourcing, Operations, Construction, and Asset Management experience. He is the CEO of DBI Group (DBI) and Bedrock Investments Group (BIG), Bedrock 1st Mortgage, DBI Commercial Real Estate, and a principal of DBI Asset Management. 

Background Experience - Dr. Bridy and his team entitled and built two shopping centers and five single tenant properties. In addition, he has contracted for the redevelopment of over 3.5 million sq. ft. in 14 shopping centers in the Midwest and the Western US.

An accomplished scholar, Dr. Bridy is a graduate of the Wharton School at the University of Pennsylvania with a B.Sc. in Economics. His graduate studies garnered academic honors recognition from the San Diego State University Graduate School of Business, the Marshall School at the University of Southern California, and the University of Phoenix, from which he received an MBA, EMBA, and PhD respectively.

For decades, Dr. Bridy has served on the boards of many prominent real estate organizations, including the National Association of Realtors, California Association of Realtors, San Diego County Commercial Association of Realtors, and CCIM.

Litigation Support - Dr. Dick Bridy delivers real estate expert witness testimony for the commercial real estate and brokerage industry nationwide. He has been engaged by both plaintiff and defense attorneys. As a commercial real estate CEO, investor, developer, asset manager, broker, and syndicator, Dr. Bridy is an excellent communicator, honed by many years in leadership and advisory positions in the commercial real estate industry and as a Marine Corps officer.

Services include consultation, case review, technical investigation, IME’s, research, laboratory work (in-house or otherwise), report preparation, depositions, arbitration, mediation, court appearances, standby, cancellation of court deposition, and travel. 

Areas of Expertise: 

View Bedrock Consulting Group's Consulting Profile.

James H. Cantrell, CPM®CAM is a recognized Real Estate Property Management Expert with over 40 years experience. He has served as an expert witness for over 15 years in over 300 cases throughout the country. He is active in day to day management.   Mr. Cantrell has managed a variety of product types, apartments, high-rise office, condominium  association management, industrial/warehouse properties, retail, and large hotels. He is currently active in day to day asset and property management and has established management programs that have maximized the values of the various investments. He is experienced in Case analysis and Court testimony.

Background - Mr. Cantrell served as the President of Cantrell, Harris & Associates, a San Francisco-based real estate management and consulting firm that was formed 30 years ago. He has formed Cantrell Associates which provides property management, litigation support, and expert witness services.  He is a CA Real Estate Broker.  He was an Associate Professor at Golden Gate University for 9 years teaching a  Real Estate Asset/Property management course in the MBA program. He is a graduate of the University of Miami and holds the Certified Property Manager  (CPM) designation from the Institute of Real Estate Management (IREM) where he has been on the faculty for 30 years teaching many courses throughout the United States, Russia and Poland.   

He has an extensive career starting with Arlen Realty as a property supervisor, handling properties in the United States Investment Fund Portfolio, and has held the position of Equity Administrator with Clevetrust Realty Investors, responsible for managing numerous properties throughout the Country. He also served as Treasurer of Regency Equities, a Real Estate Investment Trust, traded on NASDQE, and was President of Plaza Equities Management, Inc., with a national portfolio of mixed assets under his direction. He has served as a Court appointed Receiver on all types of assets throughout California.

Litigation Support - Mr. Cantrell has served or consulted as an expert on behalf of both Plaintiffs and Defendants in over 300 cases. He is uniquely qualified with his experience and teaching background and is your best choice as an expert in litigation.

Areas of Expertise:

View James Cantrell's Consulting Profile.

Robert S. Griswold, CRE, CPM, CCIM, ACoM, RPA, PCAM, CCAM, GRI, ARM, has over 40 years of specialized experience in the field of Real Estate Management. He is currently active as a day-to-day hands-on, licensed practitioner, consultant, and expert witness in all aspects of real estate (except valuation). A 3-time graduate of the distinguished Marshall School of Business at the University of Southern California with a BS ('81), MBA ('86) and MSBA (2nd Masters) ('88) in real estate and related disciplines, Mr. Griswold is a recognized expert on management of all types of residential real estate. He has actively managed over 70,000 residential units and several million square feet of commercial, industrial, self-storage and retail properties nationally. He has extensive experience as a court-appointed receiver (over 200 times) for private lenders and major financial institutions. 

Litigation Support - In the last 40+ years, Mr. Griswold has consulted on over 4,000 litigation matters, has been deposed over 700 times, and provided sworn testimony in trial or arbitration on over 200 occasions in both state and federal litigation matters throughout the United States. Also serving as a court-appointed bankruptcy Custodian and Referee, his casework is very evenly divided between plaintiff and defense work. Mr. Griswold is uniquely qualified to opine on real estate-related litigation matters, having authored or co-authored the 12 best-selling real estate books: Real Estate Investing For Dummies, Property Management Kit For Dummies; Mortgage Management for Dummies, and Landlord's Legal Kit For Dummies. His 15+ years as an On-Air NBC-TV Real Estate Expert and a similar tenure as a major radio station weekly talk show host have prepared him to explain complicated matters at an 8th grade level and present convincing opinions to juries. 

Areas of Expertise:

View Robert Griswold's Consulting Profile.