News: Finance

Schleider installed as 2011 president of AI Metro NY Chapter

Steven Schleider, MAI, FRICS, LEED AP, president of Metropolitan Valuation Services, a leading real estate appraisal and consulting firm, has been installed as 2011 president of the Metropolitan New York Chapter of the Appraisal Institute. Metro New York is one of the largest and most active Chapters of the Appraisal Institute which provides leadership in education, research and designation programs for professional appraisers. Schleider co-founded Metropolitan Valuation Services to serve a broad base of clients developed over his career in real estate. The vast majority of appraisal assignments relating to the post-recession wave of the mid-1990s for major residential construction, development and re-adaptive use projects in the New York area were conducted under his supervision. Additionally, significant large-scale, multi-family complexes in the region for FannieMae and FreddieMac loan portfolios were appraised by his team. Schleider's assignments have included development strategies, valuation and/or feasibility studies for market-rate and subsidized rental facilities, nursing home, age-restricted and assisted-living residences, cooperative and condominium apartment buildings, development projects in various stages of approval; and, valuation modeling and consulting for various lower- and moderate-income housing programs involving LIHTCs and low floater rate tax exempt revenue bond financing. Mr. Schleider's experience with HUD-based programs includes numerous section 8 facilities, MAP, and rent comparability surveys. These activities have been conducted on behalf of investment firms, international and domestic pension funds, major industrial corporations, leading foreign and domestic financial institutions, individual investors and leading law firms. Schleider holds the MAI designation from the Appraisal Institute; was elected a Fellow of the Royal Institute of Chartered Surveyors; and is one of the only appraisers in the city having earned the Leadership in Energy and Environmental Design - Accredited Professional designation from the Green Building Certification Institute. Since 2003, mayor Michael Bloomberg has twice re-appointed Mr. Schleider to the New York City Rent Guidelines Board. Mr. Schleider is a member of the Real Estate Board of New York and currently serves on its Housing Committee and chairs its Appraisal Committee. # # #
Tags: Finance
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