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JOSEPH T. THOUVENELL, MAI, CRE, FRICS
 

President, PRS Consulting Ltd. - Chicago functioning as a real estate appraiser, counselor, broker, and analyst.

 

Experience

 

Actively engaged in real estate analysis, valuation, counseling, appraising and brokerage since 1971.

 

Scope of experience includes all aspects of valuation and analysis as well as site acquisition, Incentive Analysis and tenant representation.

 

Valuations include virtually every type of industrial, commercial, retail, land, office and special property.  These appraisals encompass both existing and proposed projects throughout the United States, Canada, and Mexico.

 

The reports prepared served a variety of functions including Highest and Best Use Study, Lease vs. Buy Analysis, Feasibility Study, Zoning, Condemnation, Loan Underwriting, Appraisal of Fractional Interests, and Ad Valorem Tax appraisals. 

 

Extensive background in Neighborhood Development including period as HUD Area Management Broker for NHS, valuation of numerous inner city properties, consultation with institutions on Community Reinvestment Act activities.

 

Clients served include Federal, State, and Local Government Agencies, Banks and Savings and Loans, Insurance Companies, Development Companies, Major Corporations, Courts of Law, Various Law Firms and Individuals.  Mr. Thouvenell has extensive background as an expert witness in Eminent Domain, Zoning, and Bankruptcy proceedings.

 

Related Experience

 

Besides valuation, Mr. Thouvenell has represented various corporations and individuals in a variety of real estate transactions including:

- Disposition of Port Facility

- Acquisition of Warehouse Space

- Search for Corporate Headquarters

- Negotiate leases on multi-site facilities

- Negotiate leases on major office buildings

- Site Selection on $125 million plant

- Selection of Greenfield Site for major mfg. facility

 

Instructor

St. Xavier University- Graham School of Management

 Real Estate Investment Strategy

 

Professional Membership

 

Appraisal Institute, MAI (Member Appraisal Institute) No. 8323, Certified under Continuing Education Program

Counselors of Real Estate: CRE Designation

 

Chicago Chapter Appraisal Institute: Past President, Ad-Valorem Tax Committee, Public Relations Committee

 

Chicago Chapter Appraisal Institute : Past President

 

Illinois Coalition of Appraisal Professionals : Director

 

Appraisal Institute : National Public Relations Committee, General Admissions Committee

 

Appraisal Institute : National Board of Directors

 

Charter Member Chicago Association of Realtors

Member

National Association of Realtors

Illinois Association of Realtors

Southwest Suburban Assoc. of Realtors

State of Illinois Certified Appraiser I53-000144

State of Indiana  Certified Appraiser CG49400183

Member   International Development Research Counsel (IDRC)

 

Education

 

Bachelor of Science, Management University of Illinois 1970

 

Master of Arts, Loyola University 1979 Specialization in Urban Studies, Urban Land Economics

 

Extensive, professional training and education in valuation field including a comprehensive series of courses leading to the MAI designation.

 

Continual enrollment in seminars courses, and conferences leading to continuing education credit.