PROFESSIONAL QUALIFICATIONS

 

ANDREW J. BOGGINI, Principal

Boggini Realty Advisors, Inc.

 

 

REAL ESTATE APPRAISAL EXPERIENCE

 

Boggini Realty Advisors, Inc

As the principal and founder of Boggini Realty Advisors, Andrew J. Boggini specializes in providing commercial and residential real estate consulting and valuation services throughout the United States. Since 1990 he has provided local and national clients valuation, feasibility, and advisory services for debt financing, equity placements, portfolio review, acquisition, disposition, and development. In the past five years he has provided valuation services on real estate assets with an aggregate value in excess of $2.0 billion.

Clients of Mr. Boggini include local and regional banks, insurance agencies, conduit lenders, mortgage brokers, federal regulatory agencies, law firms, and national and international property owners, managers, and developers. He has consulted and appraised in connection with civil, appellate, and bankruptcy litigation proceedings. Mr. Boggini provides valuation and advisory services on a wide range of commercial, residential, and industrial real estate.

Specific areas of expertise include the self-storage industry, automobile dealerships, affordable housing, and pari-mutuel racetracks. Mr. Boggini has been involved with the self-storage industry since 1995. He has appraised facilities in connection with collateral analysis, as well as assisted developers in the areas of feasibility, site selection, acquisition and disposition, financing, development, and management systems. He is the owner of a 400-unit self-storage facility in Connecticut. Mr. Boggini has appraised over twenty automobile dealerships in New England in the past year, including several of the region’s largest dealership properties. He is an advisor to several Community Development Corporations and public agencies on affordable housing developments, including those projects developed with Low Income Housing Tax Credits.

Mr. Boggini has represented Wembley PLC in property and business valuations since 1991. Wembley PLC, a publicly traded British company, owns and operates six pari-mutuel racetracks in the United States. He recently completed feasibility and cash flow modeling for the expansion of gaming products at four of the racetracks.

Lipof & Boggini Real Estate Services, Inc. / 1991-2002
Prior to founding Boggini Realty Advisors, Mr. Boggini ran the commercial appraisal division for Lipof & Boggini Real Estate Services, Inc., a company he co-founded in 1991.

Property Research Group, Inc. / USTrust / 1989-1991
Prior to Lipof & Boggini, he was employed at the Property Research Group, Inc. as an independent fee appraiser, where he was involved in the market research and report writing of narrative appraisals of commercial, industrial and residential real estate throughout the New England area. Property Research Group, Inc. was a wholly owned subsidiary of USTrust, a Massachusetts based commercial bank.

EDUCATION

Boston University, Boston MA
School Of Management
B.S. in Finance, May 1990
- Substantial exposure to Statistics, Money and Banking, and Economics. Completed graduate level Real Estate Finance courses.

Boston University, Boston MA
Metropolitan College for Continuing Education
- Completed a Post Graduate Course; "Evaluation of the Site and Structural Condition of Real Property."

Appraisal Institute, Greater Boston Chapter, MA
Comprehensive Exam – Passed 2003
Course 510 - Advanced Income Capitalization
Course 520 - Highest & Best Use and Market Analysis
Course 530 - Advanced Sales Comparison and Cost Approach
Course 540 – Report Writing & Valuation Analysis
Course 410 - Uniform Standards of Professional Practice, Part A
Course 420 - Uniform Standards of Professional Practice, Part B
Course 320 - General Applications
Course 310 - Basic Income Capitalization
Course 101 - Introduction to Appraising Real Estate
Course 102 - Applied Residential Property Valuation

PROFESSIONAL AFFILIATIONS & DESIGNATIONS

Appraisal Institute - Associate Member – MAI Candidate
Massachusetts State Certified General Real Estate Appraiser; Certification #2296
New Hampshire Certified General Real Estate Appraiser; NHCG 564
Massachusetts Real Estate Broker; License #772183
Member – Massachusetts Self Storage Association
Associate Member – American Greyhound Track Owners Association
Chairman – Francis Ouimet Scholarship Fund

EXPERT WITNESS/TESTIMONY

Mr. Boggini has been admitted as an expert witness in the following courts.

Norfolk County Superior and Probate Courts
Middlesex County Probate and Superior Court
United States Bankruptcy Court
New Hampshire Board of Land and Tax Appeals