SUMMARY OF PROFESSIONAL QUALIFICATIONS AND BACKGROUND

STEPHEN T. CROSSON, MAI, SRA

 

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

·         Certified General Real Estate Appraiser (Texas, Colorado and New York)

·         American Bar Association

·         International Association of Assessing Officers

BOARD SERVICE

·         Member - Editorial Board of the Appraisal Journal (2001-2004); Vice-Chair (2004); Chair and
Editor-In-Chief (2005)

·         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

PUBLICATIONS, SPEECHES, LECTURES

·         Urban Land Institute

·         The Appraisal Journal

·         Real Estate Finance

·         Real Estate Review

·         Institutional Real Estate Letter

·         Multifamily Executive

·         Globe Street (globest.com)

·         Real Estate Development (ULI text) - Contributor

·         Texas Association of Property Tax Professionals

RECOGNITIONS

·         American Institute of Real Estate Appraisers (Letter of Merit) - 1976

·         The Real Estate Council (Fight Night Chairman 1999)

·         Who's Who in the South & Southwest (1980-81)

·         Who's Who in Finance & Industry (1981-82)