Leadership

SUMMARY OF PROFESSIONAL QUALIFICATIONS AND BACKGROUND STEPHEN T. CROSSON, MAI, SRA, MRICS

FORMAL EDUCATION

University of North Texas, Denton, Texas; BBA
Southern Methodist University, Dallas, Texas; Graduate Studies (Real Estate)

REAL ESTATE APPRAISAL EDUCATION

Appraisal Institute: Courses 1-A, 1-B, II, VII, Comprehensive Exam, Standards of Professional Practice, numerous seminars. Society of Real Estate Appraisers; Courses 101 and 201. Various undergraduate and graduate courses in Real Estate. Numerous seminars sponsored by other real estate organizations.

APPRAISAL EXPERIENCE

1977 to Present

CROSSON DANNIS, INC.; Chairman & CEO
Dallas, Texas
Crosson Dannis, Inc. is a full service real estate appraisal and consulting firm operating throughout the United States.

1970 to 1977

OAK CLIFF SAVINGS and FIRST TEXAS FINANCIAL CORPORATION
Dallas, Texas
Duties: Initially employed as Staff Appraiser, subsequently promoted to Chief Appraiser for a statewide savings and loan holding company, involving real estate appraisal and consulting work on all types of properties. Promoted in 1973 to Regional Supervisor (Appraisal Division) of First Texas. Promoted to Manager-Appraisal Administration. Promoted to Vice President, Appraisal Administration responsible for appraising all types of properties on which the Association made loans.

SPECIALIZED EXPERTISE

Valuation issues re: ad valorem taxation; complex properties; valuation theory, methodology; student housing; aviation-related properties; eminent domain valuations

MEMBERSHIPS/ DESIGNATIONS

• The Real Estate Council
• MAI and SRA - Appraisal Institute
• Member - Royal Institution of Chartered Surveyors
• American Bar Association
• International Association of Assessing Officers
• Certified General Real Estate Appraiser (Texas, Arizona, Colorado and New York)

BOARD SERVICE

• Member of Editorial Board of The Appraisal Journal (2001-2004); Vice-Chair (2004); Chair and Editor-In-Chief (2005 - 2007)
• Chairman - Appraisal Review Board of Dallas County (1983-1987)
• Board Member - The Real Estate Council (various terms)
• Board Member - The Real Estate Council Foundation (late 1990's)
• Board Member - University of North Texas College of Business Advisory Board (2000-2002)
• Independent Director - Lehndorf USA (Pursuant to Merger with Canadian Firm) 1997-1998
• Fight Night Chairman - The Real Estate Council

PUBLICATIONS, SPEECHES, LECTURES

• International Association of Assessing Officers
• The Appraisal Journal
• Real Estate Finance
• Real Estate Review
• Institutional Real Estate Letter
• Multifamily Executive
• Real Estate Development (ULI text) - Contributor
• Urban Land Institute
• Texas Association of Property Tax Professionals
• Globe Street (globest.com)
• Income Property Digest (Editor)

RECOGNITIONS

• American Institute of Real Estate Appraisers (Letter of Merit) - 1976
• Who's Who in the South & Southwest (1980-81)
• Who's Who in Finance & Industry (1981-82)