BUSINESS BACKGROUND

Maine Valuation Company. (MAI/Managing Partner, 1994 - present) An independent commercial real estate appraisal, business valuation, review and consulting firm providing a comprehensive range of professional valuation products and services throughout Northern New England.

Fleet Bank of Maine. (Senior Review Appraiser, 1991 - 1994) Responsibilities included technical commercial appraisal reviews for compliance with the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA), the Uniform Standards of Professional Appraisal Practice (USPAP) and Fleet Financial Group Appraisal Policy & Documentary Standards; quality control of departmental appraisal reviews; management of external appraiser vendor pool; internal collateral evaluation, and consultation on commercial, industrial, and residential real estate located throughout the state of Maine, ranging from $10,000 to $20,000,000 in value. Appointed Appraisal Department Team Leader and Banking Officer.

Buzzell-Plourde Associates. (Appraiser/Partner, 1987 - 1991) Performed commercial, industrial, and multi-family residential appraisal assignments in both narrative and form reports on various property types; conducted extensive market research & due diligence; performed internal residential review function; and appraisal office management.

Appraisal Associates. (Staff Appraiser, 1984 - 1987) Prepared residential, commercial, and industrial appraisals and conducted market research for appraisal assignments. Maine Valuation Company acquired the assets of Appraisal Associates in March of 1997.

SCOPE OF EXPERIENCE

Numerous appraisals, review & consulting assignments on a variety of property types in Maine, including but not limited to:

• Retail Shopping Centers - Strip, Neighborhood, Community, Outlet;
• Hospitality Properties - Hotels, Motels, Bed & Breakfast, Inns;
• Residential Multi-Family Projects - Apartment Projects - Market & Subsidized;
• Mixed-Use Commercial Properties - All types of Mixed-Use properties;
• Office Buildings - Medical, Professional; Owner-Occupant & Investment Grade;
• Industrial Properties - Manufacturing, Warehouse, Distribution, Trucking Terminals, etc;
• Special Purpose Properties - Self-Storage, Churches, Recreational, Institutional, etc;
• Elderly Care Facilities - Nursing Homes, Assisted Living, etc;
• Automotive - Dealerships, Car Wash, Mini-Lube, C-Stores w/ Gas;
• Restaurants - Independent, Chain, and Franchise;
• Land/New Construction - Lots, Acreage, Subdivisions, Development Projects, etc.

CLIENT SERVICES & VALUATION PRODUCTS

The purpose of professional valuation services typically involve: purchase and sale agreements; mortgage financing; collateral evaluation; estate settlement; mediation/arbitration; valuation of leased fee/leasehold interests; insurable value/ replacement cost studies; feasibility, marketability, and highest and best use analyses for evaluation & planning purposes.

Client services and valuation products consist of Complete and Limited Appraisals presented in Self-Contained, Summary and Restricted Use Reports; SR#3 Appraisal Review Reports for USPAP & regulatory compliance and client evaluation; due diligence/research studies; and private consultation. Computer literacy in ARGUS, Word, and Excel, enhances the analytical and reporting service to clients. Professional service has been provided to numerous financial institutions, governmental agencies, insurance companies, corporations, lawyers, estates and private individuals.

EXPERT WITNESS

Mark has qualified as an expert witness in Real Estate Valuation before York County Superior Court, and Androscoggin Superior Court, State of Maine. Mark has also testified on numerous occasions as Investigator for the Maine Board of Real Estate Appraisers in professional practice matters.

REAL ESTATE EDUCATION

Mark L. Plourde, MAI, is a cum laude graduate of the University of Southern Maine with a BS degree in Business Administration. He attended the University of Maine at Orono, Portland/Gorham, and Presque Isle for various Journalism, Business, and Real Estate related courses with a focus on real estate valuation, law, and management. Real estate appraisal courses successfully completed to date include:

• An Introduction to Appraising Real Property, SREA #101
• Applied Residential Property Valuation, SREA #102
• Principles of Income Property Appraising,SREA #201
• Applied Income Property Valuation, SREA #202
• Standards of Professional Appraisal Practice, AI #'s 410, 420, & 430
• Computer Assisted Investment Analysis,AI #6
• The Comprehensive Appraisal Workshop, Ted Whitmer, MAI, CCIM, J.D., MBA
• Condemnation Appraising: Basic Principals & Applications, AI #710
• Condemnation Appraising: Advanced Topics & Applications. AI #720
• Computer Enhanced Cash Flow Modelling, AI #810

Numerous seminars on appraisal methodology, techniques, and regulations have also been attended, such as:

• Financial Calculator Seminar
• Subdivision Analysis
• Understanding Limited Appraisals and Reporting Options
• The Appraisers Complete Review
• The Uniform Commercial and Industrial Appraisal Report
• The Appraiser as an Expert Witness
• The Americans with Disabilities Act
• Real Estate Inspections
• Rates, Ratios, and Reasonableness
• Hotel & Motel Valuation
• Health Care & Retirement Appraisals
• The Appraisal of Special Use Properties
• The Internet and Appraising
• Detrimental Conditions
• Business Enterprise Valuation
• Easement Valuation
• Appraising Auto Dealership Facilities
• Demand Analysis
• Attacking & Defending Appraisals in Litigation

PROFESSIONAL AFFILIATIONS

• The Appraisal Institute
  MAI Member of Appraisal Institute, #10609 (1994+)
  Young Advisory Council, Appraisal Institute (1995, 1996)
  Regional Ethics and Counseling Panel, Appraisal Institute (1999 +)
  President, State of Maine Chapter of the Appraisal Institute (2000)
  Leadership Development and Advisory Council, Appraisal Institute (2000)
  
  
• Maine Board of Real Estate Appraisers
  Maine Certified General Appraiser, # CG-258 (1991+)
  Investigator to the Maine Board of Real Estate Appraisers (1998-2004)
  
  
• Maine State Claims Commission
  Appraiser Member, State Claims Commission, State of Maine (1998-2002)

PARTIAL CLIENT LIST