Boutin Brown Realty Advisors

Partners

N. Richard Boutin, Jr. MAI

Corporate Offices

346 Office Plaza Drive
Tallahassee, FL 32301-2730

850.681.6332

Toll-Free
1.866.286.5099

About Boutin Brown Realty Advisors, Inc.

Boutin Brown Realty Advisors, Inc. provide the North Florida market a strong staff with research, market investment, economic and valuation capacities. Our valuation expertise extends from the traditional residential analysis to the market and income oriented analysis of large retail outlets and downtown mixed-use facilities.

N. Richard Boutin, Jr., MAI

Mr. Boutin's experience consists of over 26 years of real estate valuation and consulting primarily involving residential, commercial and industrial properties. During the past 21 years, Mr. Boutin has concentrated primarily on the specialized field of eminent domain performing assignments for both condemning authorities and private property owners. Assignments included cost estimates for private consulting firms and government agencies involved in the planning stages for transportation improvements, severance damages studies, valuation analyses of partial acquisitions, leasehold valuations for apportionment hearings, appraisal review and consultation with attorneys involving valuation issues encountered in the litigation of a condemnation case. Mr. Boutin has qualified as an expert in real estate valuation issues in several courts within the State of Florida.

PROFESSIONAL AFFILIATIONS
Member, Appraisal Institute #7611

LICENSED BY
The Florida Department of Professional Regulation Division of Real Estate as a Real Estate Broker - #0179693

The Florida Department of Professional Regulation Real Estate Appraisal Board as a State - Certified General Real Estate Appraiser - #0000199

PROFESSIONAL EDUCATION
Bachelor of Science Degree in Business Administration with a major in Real Estate, Florida State University (1976-1980)

American Institute of Real Estate Appraisers - Basic Valuation Procedures, December 1980

American Institute of Real Estate Appraisers - Residential Valuation, April 1981

American Institute of Real Estate Appraisers - Capitalization Theory & Techniques - 1, May 1981

American Institute of Real Estate Appraisers - Capitalization Theory & Techniques - 2, May 1981

American Institute of Real Estate Appraisers - Capitalization Theory & Techniques - 3, August 1981

American Institute of Real Estate Appraisers - Real Estate Appraisal Principles, September 1981

American Institute of Real Estate Appraisers - Litigation Valuation, October 1981, May 1984

American Institute of Real Estate Appraisers - Case Studies in Real Estate Valuations, February 1982

American Institute of Real Estate Appraisers - Valuation Analysis & Report Writing, February 1982

American Institute of Real Estate Appraisers - Industrial Valuation, October 1982

American Institute of Real Estate Appraisers - Standards of Professional Practice, March 1985, August 1993

Appraisal Institute - Highest and Best Use and Market Analysis, May 1994

American Bar Association - Eminent Domain & Land Valuation Litigation, February 1984

Society of Real Estate Appraisers - R41-B Seminar, October 1985

American Institute of Real Estate Appraisers - The Electronic Spreadsheet - Lotus 123, April 1986

American Institute of Real Estate Appraisers - Standards of Professional Practice Update, November 1988

Appraisal Institute - Advanced Electronic Spreadsheet - Lotus 123, January 1992

ASSOCIATIONS
January 1986 to Present, President, Boutin, Brown, Butler, Real Estate Services

July 1985 thru December 1985, Senior Associate, Boutin Appraisal Company

November 1984 thru June 1985, Real Estate Appraisal Administrator,
Raymond Kaiser Engineers, Inc.

August 1982 thru October 1984, District Appraiser, Florida Department of Transportation - District IV

June 1980 thru July 1982, Staff Appraiser, Florida Department of Transportation - District IV

May 1975 thru June 1980, Appraisal Assistant, N.R. Boutin, MAI.

QUALIFIED AS EXPERT WITNESS
Leon County, Dade County, Escambia County

JONATHAN P. BROWN, MAI

Mr. Brown's experience includes the appraisal of a full spectrum of residential properties ranging from single family residences to large scale planned unit developments. In addition, he has focused on timber lands, agricultural acreage, multiple family properties and a wide variety of commercial properties both existing and proposed. Specific areas of expertise include the analysis of rural acreage for both silvicultural, agricultural and recreational uses, coastal properties including environmentally sensitive lands, multiple family properties, properties of historic significance, recreation oriented developments, special use properties; and leasehold/leased fee analysis. Mr. Brown has qualified as an expert witness pertaining to valuation issues in federal and state courts in Florida and Alabama. While the majority of assignments are Florida properties, he regularly provides a variety of appraisal and consulting services in Georgia.

PROFESSIONAL AFFILIATIONS

Member, Appraisal Institute - #09119

Certified Appraiser - Senior #5302, American Association of Certified Appraisers

Member, Tallahassee Board of Realtors

LICENSED BY

The Florida Department of Professional Regulation Division of Real Estate as a Real Estate Broker - #0186237

The Florida Department of Professional Regulation Real Estate Appraisal Board as a State - Certified General Real Estate Appraiser - #0000206

The Georgia Real Estate Appraisers Board as a Certified Real Estate Appraiser - #C002220

PROFESSIONAL EDUCATION

Bachelor of Science Degree in Real Estate and Finance, Florida State University (1974-1978)

Society of Real Estate Appraisers - Course 101, Introduction to Appraising, Florida State University

Society of Real Estate Appraisers - R41-b Seminar

American Institute of Real Estate Appraisers - Course 8, Residential Valuation, Athens, Georgia

American Institute of Real Estate Appraisers - Capitalization Theory and Techniques Part 1, Buford, Georgia

American Institute of Real Estate Appraisers - Capitalization Theory and Techniques Part 2 Orlando, Florida

American Institute of Real Estate Appraisers - Capitalization Theory and Techniques Part B Orlando, Florida

American Institute of Real Estate Appraisers - Standards of Professional Practice, Daytona Beach, Florida

American Institute of Real Estate Appraisers - Case Studies in Real Estate Valuation, Chapel Hill, North Carolina

American Institute of Real Estate Appraisers - Report Writing, Tallahassee, Florida

American Institute of Real Estate Appraisers - Seminar, Timberland Valuation Seminar, Tallahassee, Florida

Marshall & Swift Residential Cost - Seminar, Jacksonville, Florida

Marshall & Swift Commercial Cost - Seminar, Jacksonville, Florida

CONTINUING PROFESSIONAL EDUCATION

Appraisal Institute - Market Analysis, March 1992

Appraisal Institute - Appraising Apartments, April 1992

Appraisal Institute - Depreciation, February 1993

Appraisal Institute - Standards of Professional Practice - Part A & Part B, August 1993

Appraisal Institute - Advanced Applications - August 1994

Appraisal Institute - Understanding Limited Appraisals and Reporting Options - General - November 1994

Appraisal Institute - Affordable Housing Valuation Seminar - January 1997

Appraisal Institute - Litigation Valuation Overview, Course 700 - May 1998

Appraisal Institute - Advanced Sales Comparison and Cost Approaches, Course 530, May 1998

Appraisal Institute - Partial Interest Valuation - Divided & Undivided- January 2000

ASSOCIATIONS

September 2000 to Present, Partner, Boutin Brown Realty Advisors, Inc.

January 1986 to September 2000, Senior Vice President, BOUTIN, BROWN, BUTLER Real Estate Services

July 1978 to January 1986, Senior Associate, Boutin Appraisal Company

QUALIFIED AS EXPERT WITNESS

Bankruptcy Court, Northern and Middle Districts of Florida, Southern District of Alabama

Various Counties of the Second and Third, Ninth and Fourteenth Judicial Districts of the Circuit Court of Florida