Posts by Patrick Lamb
What a Trump Presidency Could Mean for the Real Estate Market
It is not partisan to acknowledge that the election of Donald Trump as our nation’s 45th president is unprecedented in many ways. The uncertain and unorthodox nature of a Trump administration raises questions and concerns about what our present political climate might mean for the real estate market, despite the fact that President-elect Trump expanded…
Read MoreIn Focus: Matthew Reese
“Always With A Goal in Mind” Matthew Reese began his experience with Lamb Hanson Lamb in an unlikely way, as high school friends with President/CEO Patrick Lamb. After receiving an MBA from the University of Wisconsin in 2007, Matthew joined Lamb Hanson Lamb in 2011 with a very specific game plan in mind: to gain…
Read MoreIn Focus: Michael B. Lamb
“Work. Serve. Learn. Repeat.” Michael Lamb has earned more than forty years’ experience appraising various types of property as an MAI, SRA, and now Chairman Emeritus at Lamb Hanson Lamb. Getting here has been an unlikely journey. Michael was born in Fort Lewis, Washington, and raised by his mother and grandparents while his father was…
Read MoreIn Focus: The Appraisal Institute And Civic Engagement
The Appraisal Institute is an international association of real estate appraisers boasts a membership of nearly 20,000 professionals across 60 countries. Beyond serving as a global resource for the profession of real estate appraisal, the Appraisal Institute prides itself on its civic engagement. One such facet is the Leadership Development & Advisory Council (see footnote 1), a national…
Read MoreIn Focus: Brendan Hopps
“Enthusiasm Meets Talent” Before joining Lamb Hanson Lamb this year, Brendan got his professional start at a small local hedge fund where he worked as a trader for four years. While he found the stock market “interesting,” Brendan went searching for something more fulfilling, eventually arriving at a company which partnered with nonprofits to locate…
Read MoreIn Focus: Donna Jensen
“The Nobility of Sticking With It” Donna Jensen is refreshingly consistent in an era marked by increasing career shifting and workplace ambiguity. She has been a team member at Lamb Hanson Lamb since 2004 and is a Washington State Certified General Appraiser. While talking to Donna, it becomes quickly apparent she enjoys commercial appraisal and…
Read MoreHOA Reserve Studies
Reserve Studies are a favorite tool in a Condominium Associations’ kit. These in-depth appraisals determine the present status of a condominium reserve, balance, and income (Financial Analysis). They also do this while evaluating the condition and replacement costs of deteriorating components, such as common area amenities (Physical Analysis). By quantifying present and future variables up…
Read MoreGoing Concern Appraisals: “Specific Properties Require Specific Skill Sets”
Going Concern (Total Asset) appraisals report an opinion of value for properties- like a hotel- where the business and real estate are linked together with the assumption that these components will continue together into the future. In performing Going Concern appraisals, Lamb Hanson Lamb staff must also consider the business’ reputation and brand while allocating…
Read MoreIn Focus: Eric Webster
“Marriage Dissolution Appraisal” Eric Webster is a Washington State Certified Residential Real Estate Appraiser with over ten years’ experience. Prior to joining the Lamb Hanson Lamb team in 2012, Eric conducted domestic and international appraisals of real property and infrastructure, and earned a degree in Political Science from the University of Washington. Eric currently specializes…
Read MoreIn Focus: Jonathan D. Mendoza
“Many Miles Into A Career in Appraisal” “I’ve always been interested in real estate” are words Jonathan Mendoza speaks with conviction. His journey began with a degree in Real Estate Development from Arizona State University in 2009, though it happened to coincide with the economic recession. Phoenix made Jonathan’s transition into full time employment all…
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