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Al Bechtel
President
Al Bechtel's sensitivity to golf course
development problems has brought to the industry a perspective
borne of a successful real estate developer. His ability to
rapidly identify and isolate basic issues, ferret out and evaluate
alternative solutions has been the cornerstone of his career.
Al is a decisive and perceptive golf
executive, who is especially competitive and driven to "make
a deal." He is a tenacious protector of investor
assets. Al's candor is recognized in the industry.
Because of his real estate development orientation, developers
experience the optimal solution, no the one that is
"comfortable" to the institutional type
consultants. His uniquely simplified structural analysis
establishes a realistic and easily understood tabulation of various
alternative strategies for solving golf development problems.
With twenty years of developing experience,
Al's background encompasses all facets of managing and developing
real estate and golf course facilities. Al is a recognized
speaker and author on golf course development for such
organizations as Urban Land Institute, National Association of
Industrial and Office Parks and Recreation, Crittenden Golf
Seminars and Golf Course Europe.
- NATIONAL GOLF FOUNDATION, Jupiter,
Florida
Vice President, Golf Course Development. Directly and
indirectly promoted golf course development through
feasibility analyses, financing new complexes and
recapitalizing older facilities, auditing golf course
operations, marketing of NGF services, providing technical
assistance to all developers, establishing relationships with
institutional lenders, participating in research development
projects and developing staff professional skills.
- RADNOR CORP. (Sun Oil Co.) Radnor,
Pennsylvania
Executive Vice President. Acquisitions, strategic
planning, investment criteria, joint ventures, financial
planning, general development of offices, industrial, shopping
centers, elderly housing and residential.
- FOUNDATION LAND CO., Palm Beach Gardens,
Florida
General Development of land, industrial parks, golf courses,
high density housing, and elderly congregate housing.
- CHASE INVESTMENT ADVISORS. Delray
Beach, Florida
Chief Executive Advisor. Permanent financing with
pension funds, joint ventures, consulting and acquisitions.
- HOME FINANCIAL SERVICE CORP., Jupiter,
Florida
President and Chief Operating Officer of commercial
subsidiary, mortgage broker, joint ventures, project
identification, evaluation and implementation.
J. Kenneth Parrish
Principal
As co-founder of Johnson & Parrish, one
of Florida's most respected appraisal firms, Ken's experience in
real estate evaluation, feasibility, and market studies, has led
him to become an associate in Golf Investment Advisors.
Because of Ken's diverse background and experience, he is able to
conduct a full economic investigation of market characteristics,
evaluate development costs, constraints, risks, absorption rates,
and debt service requirements. Because of the complexities
involved in golf course financing, a comprehensive and detailed
investigation to determine the appropriate revenues and costs is
essential and critical. Ken brings to the golf course
feasibility studies, an extensive amount of experience in defining
site characteristics and the economic implications of those
characteristics.
J. KENNETH PARRISH, JR., MAI,
SRA
STATE CERTIFIED GENERAL APPRAISER #0000249
- PROFESSIONAL DESIGNATIONS
Member - The Appraisal Institute
MAI Certificate No. 7980
SRA Senior Residential Appraiser
- EDUCATION
Florida Atlantic University:
B.A. Degree in Business Administration, 1982.
Dual Majors in Finance and Real Estate
- PROFESSIONAL EXPERIENCE
Served as a Special Master to oversee Tax Appeals for Palm
Beach County
Qualified as an Expert Witness, Palm Beach, Martin, Broward
and Nassau County Circuit Courts
Brian G.
"Brig" Edwards
Principal
Brig has been involved in the real estate
industry for over 10 years with a variety of experience including
appraisal assignments, feasibility studies, highest and best use
studies, market studies, and replacement cost estimates. His
real estate experience has included a variety of property types
such as shopping centers, office buildings, industrial properties,
and residential communities, but his recent focus has been in the
golf industry. With his technical background in engineering
and MBA real estate, Brig has the ability and analytical skills to
prepare in-depth cash flow models to assist clients in projecting returns
and financial feasibility under various development
scenarios. his detailed approach to complex assignments and
ability to interpret data, are evident in every assignment
completed.
BRIAN G. "BRIG"
EDWARDS, MAI
STATE CERTIFIED GENERAL APPRAISER #0001303
- PROFESSIONAL DESIGNATIONS
Former Member of the Real Estate Society
of University of Texas at Austin.
Member - The Appraisal Institute, MAI Member No. 10,815
- EDUCATION
University of Florida - 1980-1985
B.S. Degree in Chemical Engineering
University of Texas at Austin - 1987-1989
MBA in Real Estate
Recipient of Grant from Commercial Real Estate Society of
Austin, Texas
- PROFESSIONAL COURSES AND SEMINARS
(PAST THREE YEARS)
The Legislation, Regulation and Appraisal of Real Property
Rights in Florida, Sponsored by Appraisal Institute,
September, 1996
Internet and the Appraiser, Sponsored by Appraisal Institute,
February, 1996re Law for Appraisers, March, 1998
Hotel/Motel Valuation, April, 1998
Loss Prevention for Appraisers, May, 1998
Valuation of Billboards and Conservation Easements, May, 1998
Appraisal Considerations for Rural Properties and Sod Farms,
May, 1998
Mock Trial for Appraisers, September, 1998
Make Financial Sense of Your Golf Development, October, 1998
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