QUALIFICATIONS OF THE APPRAISER

GENEVIEVE S. PENDERGRAS

PROFESSIONAL EXPERIENCE:

     General Associate Member – Appraisal Institute

     State Certified General Real Estate Appraiser ‑ Texas 1331023­‑G

     State Certified General Real Estate Appraiser – New Mexico 02600-G

EDUCATIONAL BACKGROUND AND SPECIAL TRAINING:

Graduate of the University of Texas at El Paso in the Bachelor of Science Degree in

Business Administration with a concentration in Economics.

Successfully completed the following real estate courses from the Appraisal Institute:

·         Real Estate Appraisal Principles

·         Basic Valuation Procedures

·         Capitalization Theory & Techniques – Part A

·         Capitalization Theory & Techniques – Part B

·         General Applications

·         Report Writing & Valuation Analysis

·         Standards of Professional Practice

·         Subdivision Valuation Seminar

·         The Uniform Standards of Appraisal Practice Update Course

·         Appraising Nursing Facilities

·         General Demonstration Report Writing Seminar

·         Forecasting Revenue

Successfully challenged the following real estate courses from the Appraisal Institute:

·         Highest & Best Use and Market Analysis

·         Advanced Sales Comparison & Cost Approaches

·         Advanced Applications

Successfully completed the Comprehensive Examination for the MAI designation offered by the Appraisal Institute

EMPLOYMENT:

1999 to Present – Partner, Wilkinson, Pendergras & Beard, L.P.

1996 to February 1999 – Credit / Collection Manager, International Data, LLC