About Us

STATEMENT OF PROFESSIONAL QUALIFICATIONS
BYRON N. LEA, MAI

6777 US Highway 36
Estes Park, CO 80517
970 699 1748

ASSOCIATION MEMBERSHIPS
Member of the Appraisal Institute with the MAI Designation, No. 10374

STATE CERTIFICATIONS
State of California Certified General Real Estate Appraiser (AG008505)
State of Colorado Certified General Appraiser (CG40039600)

EDUCATION
California State University Sacramento, Bachelor of Science in Business Administration, 1985

All educational requirements successfully completed for the Appraisal Institute MAI designation and 100-hour/five year continuing education cycles.

2017 Appraisal Institute FHA Appraising Principles & Procedures

EXPERIENCE
10/2015 to Present Byron Lea Valuation, Residential and Commercial Valuation and Consulting Services within Larimer, Boulder, & Weld Counties, Colorado
8/2006/ to 10/2015 Re-establishment of Lea & Company, President of Firm. Commercial Valuation and Consulting Services within the Affordable Housing Industry, with offices established in Corona Del Mar (Newport Beach), CA, Sacramento, CA, Merriam (Kansas City), KS, and Omaha, NE. Sold Assets to Long Term Employees; Continuing as Consultant.
8/2000 to 8/2006 Novogradac & Company LLP, Partner, established the Kansas City and Los Angeles Valuation Group offices.
7/94 to 8/2000 Relocated to Kansas City, Senior Appraiser, Nunnink & Associates, Inc., which transformed into Integra Realty Resources. Performed narrative appraisals and review of appraisals.
5/88 – 7/94 Commercial Fee Appraiser, Lea & Company, Sacramento, California. Performed narrative appraisals on fee basis.
8/86 – 5/88 Commercial Appraiser, Urban Pacific Services, Newport Beach, California. Performed narrative appraisals.
1/86 – 8/86 Commercial Appraiser, Bank of America, Orange County, California. Staff commercial appraiser.
4/85 – 9/85 Financial Analyst, Financial Investment Advisors Associates (FIA), Inc., Sacramento, California. Financial analysis of multi-million dollar institutional grade real estate.
1/80 – 5/85 California State University, Sacramento – Business Administration Studies
1/76 – 1/81 United States Air Force, Honorable Discharge, Last Rank Sargent. Stationed Francis E Warren AFB, Cheyenne, WY, 2/76 – 3/80,Sheppard AFB, Wichita Falls, TX 3/80 – 7/80. Mather AFB, Sacramento, CA 7/80 – 1/81

REPRESENTATIVE SAMPLE OF ASSIGNMENTS

• Single family appraisals UAD format delivery – Boulder, CO, Estes Park, CO, Lyons, CO, Berthoud, CO, Fort Collins, CO, Loveland, CO
• Litigation appraisals commercial properties Pearl Street Mall, Boulder, CO
• Appraisal Grease Monkey & Family Tire, Loveland, CO
• On a national basis, conduct market studies and appraisals for proposed Low-Income Housing Tax Credit properties.
• On a national basis, conduct market studies and appraisals for preservation of affordable housing properties involving USDA and HUD programs, oftentimes with renovation using Low-Income Housing Tax Credits and/or Historic Tax Credits. Programs include USDA 515 and 538, and HUD 221D4, 236, and MAP.
• Rent Comparability Studies of apartment properties for HUD programs nationally.
• Team member in the valuation of a U.S. Air Force Base closure located in Northern California.
• Fair Rental Market Analysis for General Services Agency consisting of a Federal Courthouse located in Kansas City, Kansas, Bannister Federal Complex, and Federal properties located in Leavenworth and Topeka, Kansas and Independence, Missouri.
• Industrial portfolio valuation of properties located throughout the United States.
• Residential subdivisions located in California and Midwest.
• Residential properties located in California and Midwest.
• Proposed Mixed Use Entertainment Center with Megaplex theaters and restaurant.
• Megaplex and Multiplex movie theaters.
• Proposed truck terminal facilities located in Kansas and Missouri.
• Bulk liquids transfer terminal located in Kansas.
• Assisted living and nursing home properties located in Kansas, Missouri, Alabama, and Mississippi.
• Institutional grade investment properties located throughout the United States.
• Portfolio valuation for Small Business Administration of properties located in California.

REFERENCES

George Ballin, Residential Appraiser, 28076 Gunnison Court, Laguna Beach, CA 92677, 949-742-0808, [email protected] Relationship: professional & personal 32 years

Christian Collinet, Broker Owner First Colorado Realty, 523 Saint Vrain Lane, Estes Park, CO 80517, 970-231-8570, [email protected] Relationship: professional 1½ years.

Jules Arthur, Logan Capital Advisors Partner & Chief Operating Officer, PO Box 880367, San Diego, CA 92168, [email protected] Relationship professional – client 17 years