810 South Sterling Ave. Tampa, FL 33609 813.289.88L.L, [email protected] - RBANECONOMICS.COM INC.

MICHAEL A. MCELVEEN, MAI, CCIM, CRE

President Urban Economics, Inc. 810 South Sterling Avenue Tampa, FL 33609-4516

Urban Economics, Inc. - Tampa, Florida - Michael A. McElveen is president of Urban Economics, Incorporat ed, a real estate consultancy providing , valuation, spat ia l analytics, economic impact and st igma effect advice and opinions for 31 years. The focus of Michael A. McElveen has been expert witness t estimony, having testified numerous times at either a jury trial , hearing or by deposition. Mr. McElveen has been accepted by the Ninth Jud icial Circuit Court of Florida an d the Thirteenth Judicial Circuit Court as an expert in the use of econometrics in real estate. Mr. McElveen has performed the following econometric studies:

• Econometric study of the marginal impact of an additional 18-hole golf course and equestrian facility o n the of residential lots, Lake County, FL; • Sales trend of fractured condominium sales in O sceola County; • Econometric study of the rent effect of deficient parking at neighborhood retail centers, Charlotte County, FL; • Economet ric study of the sales price effect of location and community w aterfront in Martin County, FL; and • Hedonic regression model analysis of the sales price effect vehicul ar traffic volume and roadway elevation on nearby ho mes in Duval County, Florida.

Ed uca ti o n

Bachelo r of Arts Finance, University of South Bachelor of Science, Florida State University Florida

Professional Associations

Appraisal Institute (MAI), Certificate No. 7569 Florida Real Estate Broker, BK89611 CCI M Institute of the National Association of State of Florida Certified General Real Estate Rea lto rs (CCIM) Appraiser, RZ360 A m erican Real Estat e Society (ARES) American Rea l Estate and Urban Economics Association National Association of Busi ness The Counselors of Real Estate (CRE), Memb er (NABE) ID 2592

Relevant Pu blicatio ns

Pu blished

McE lveen, M.A., Haynes, J. B., & Diskin, B. A., Ph. D. (1990). Lend er perceptio ns of value influences of asbestos contaminatio n in income-producing buildings. A ssessment Digest, 12(6), 10-12.

McElveen, M. A., MAI, CCIM, CRE, Brown, B. E., MA, & Gibbons, C. M., MAURP. (2017). Natural gas pipelines and the val ue of nearby homes: A spati al analysis. Journal of Ho using Research, 26(1), 27-38. doi:1052-7001 Hernando County Active Quarry Analysis

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- Active CEMEX Quarries - Home sales 0 - 1 / 2 Mile

- Home sales 1/ 2 - 1 Mile D Home sales 1 - 2 Miles N Miles A 0 1 2 4