Per E. Bjorn-Roli, MAI Per E. Bjorn-Roli, MAI Managing Member Background Per E. Bjorn-Roli has a diversified background in appraisal and has worked on many different types of complex properties and assignments requiring specialized analysis in the field of real estate economics. Assignments have included institutional, portfolio, retail, office, multifamily, industrial, special purpose, vacant land and other types of real estate and have been performed for the purposes of prospective bank financing, ad valorum, due diligence, site selection, litigation support, market feasibility, economic modeling, pre- acquisition/disposition strategy and documentation, formulation and evaluation of Per E. Bjorn-Roli, MAI asset management and development strategies, consulting and expert testimony. His real estate skills and knowledge include valuation, market research and analysis, risk assessment, market forecasting, and micro and macro-economic analysis. Per is a certified general real estate appraiser in the State of Alaska and holds the Appraisal Institute’s MAI designation. Per is a graduate of Robert Service High School and was born and raised in Anchorage. He has strong roots in the local community – his father immigrated to Alaska from Norway in the 1960s and his grandfather came to Alaska during World War II and has the distinction of selling the first television set in Alaska. After spending several years in Seattle, Per returned to Anchorage in 2003 and founded Integrated Realty Resources, Inc., which became known as Reliant, LLC in 2009. During his time outside, Per appraised numerous properties in Washington, Nevada, Idaho, and Montana. Per is proud to be an Alaskan, where he enjoys spending time with his family and participating in a wide variety of outdoor activities, including flying, skiing, hiking and mountain biking. Summary of Education Real Estate Education . Advanced Applications, AI . Report Writing and Valuation & Seminars . Advanced Income Capitalization, Analysis, AI AI . General Applications, AI . Advanced Sales Comparison and . Basic Income Capitalization, AI Cost Approaches, AI . Appraisal Principles, AI . Highest and Best Use Market . Appraisal Procedures, AI Analysis, AI . Analyzing Commercial Lease . Uniform Standards of Professional Clauses, AI Appraisal Practice (USPAP), AI . Condemnation Appraising: . Uniform Appraisal Standards for Advanced Topics and Applications Federal Land Acquisitions . Condemnation Appraising: Basic (UASFLA), AI Principles & Applications . Effective Appraisal Writing . Real Estate Statistics & Valuation . Solving Land Valuation Puzzles Modeling . Appraisal Institute Bylaws & . Litigation Appraising: Specialized 9330 Vanguard Drive, Suite 201 Anchorage AK, 99507 P: 907.341.2222 F: 907.929.2260 Email: [email protected] Web: www.reliantadvisory.com Per E. Bjorn-Roli, MAI Regulations, AI Topics and Applications . The Lending World in Crisis-What . Subdivision Valuation Appraisers Need to Know . Business Practices and Ethics . Appraisal of Local Retail (2015) Properties . Review Theory – General . 7-Hour National USPAP Update . Residential & Commercial Course (2016) Valuation of Solar . Supervisory Appraiser/Trainee . Supervisory Appraiser/Trainee Appraiser Course Appraiser Course . Appraising Condos, Co-ops, and . Analyzing Operating Expenses PUDs . Eminent Domain & Condemnation College Education B.S., Business Administration, University of Utah. Summary of Employment History Reliant, LLC / Managing Director / Member, 2003 to Present, Anchorage, Alaska. Integrated Realty Resources, Inc. GVA Kidder Mathews Senior Appraiser / Appraiser & Consultant, 2000 to 2003, Seattle, Washington. Formerly an affiliate of Insignia, GVA Kidder Mathews is the largest commercial real estate firm in Puget Sound. Cushman & Wakefield Appraiser & Consultant, 1998 to 2000, Seattle, Washington. C&W is the largest full service commercial real estate firm in the nation and has offices worldwide. Kincaid & Riely LLC Research Analyst / Associate Appraiser, 1997 to 1998, Anchorage, Alaska. Designations, Certifications and Awards State License’s / . State of Alaska, Certified General Real Estate Appraiser, License No. 302. Certifications Designations Per is one of 5,900 individuals worldwide that has earned the Appraisal Institute’s prestigious MAI professional designation (Member No. 396734). Only 5% of commercial real estate analysts achieve this designation. Awards Per was recognized in 2000 with the Anglyn award for outstanding participation at the Appraisal Institute’s 2000 Leadership Development Advisory Council. The award was presented at Valuation 2000 in Las Vegas, Nevada. Organization Affiliations, Offices & Memberships . President, Alaska Chapter of the Appraisal Institute, 07/08 . Vice President, Alaska Chapter of the Appraisal Institute, 05/06 . President, Alaska Chapter of the Appraisal Institute, 15/16 & 16/17 . Member BOMA of Anchorage 9330 Vanguard Drive, Suite 201 Anchorage AK, 99507 P: 907.341.2222 F: 907.929.2260 Email: [email protected] Web: www.reliantadvisory.com Per E. Bjorn-Roli, MAI Partial List of Assignment Clients Native Organizations Pacific International Bank Arctic Slope Regional Corporation (ASRC) Principal Real Estate Investors, LLC Bethel Native Corporation Prudential Real Estate Investors Coastal Village Regional Fund South Sound Bank Cook Inlet Region, Inc. (CIRI) Sterling Savings Bank Cook Inlet Housing Authority The Commerce Bank Goldbelt Inc. US Bancorp NANA Regional Corporation Washington Capital Management, Inc. Ounalashka Corporation National Cooperative Bank (NCB) Shee Atika Native Corporation Wells Fargo Southcentral Foundation Zions Bank Tyonek Native Corporation Tatitlek Corporation Alaska Financial Institutions Alaska Community First Bank & Trust National Financial Institutions Alaska Growth Capital AMRESCO Capital Alaska Pacific Bank ASG Partners Alaska USA Federal Credit Union Bank of America First National Bank of Alaska Bank of the West Northrim Bank Bear Stearns Commercial Mortgage Matanuska Valley Credit Union BMC Capital CALPERS Government Sector Chase Bank Alaska Rail Road Corporation CitiGroup Investments Anchorage Community Development Authority City Mortgage Corporation Anchorage Neighborhood Health Clinic CIT Small Business Lending Corp. City of Burien CW Capital LLC City of Ketchikan Equiva Services LLC City of Seattle Evertrust Bank City of San Jose Everett Mutual Bank Commercial Capital Initiatives Evergreen Community Development Assoc. Federal Aviation Administration First Mutual Bank King County Frontier Bank Municipality of Anchorage GE Capital Heritage Land Bank GMAC Commercial Port of Tacoma Hallock Ryno Investments, Inc State of Alaska Intervest Mortgage United States Coast Guard InterWest Bancorp United States General Services Administration JP Morgan United States Navy Johnson Capital United States Postal Service Key Bank WA State Department of Transportation MetLife WA State Department of Natural Resources Midland Loan Services Co. Office of the Special Trustee, Bureau of Indian Affairs NARA Bank National Consumer Cooperative Bank Legal Sector Nomura Dorsey & Whitney LLP Norris Beggs & Simpson Financial Services Dillon & Findley, P.C. Parallel Capital Corporation Heller Erhman LLP 9330 Vanguard Drive, Suite 201 Anchorage AK, 99507 P: 907.341.2222 F: 907.929.2260 Email: [email protected] Web: www.reliantadvisory.com Per E. Bjorn-Roli, MAI Hartig, Rhodes, Hodge & Lekisch, P.C. Opus Northwest, LLC J.P. Tangen OPERF / Regency Keene & Currall Prologis Katten, Muchin & Rosenman, LLP Providence Alaska Lasher, Holzapfel, Sperry & Ebberson Pinnacle Properties Norris Beggs & Simpson Pacific Tower Properties / PTP Management, Inc. Preston, Gates & Ellis Rayonier Rugen & rage Regal Entertainment Group Sandberg Wasteful & Corey RISE Alaska, LLC Simpson, Tillighast & Sorensen Samson Tug & Barge Turner & Mede Sierra Pacific Resources Aschenbrenner Law Offices Sekotac USA, Inc. Fortier & Mikko, P.C Sound Transit Boyd, Chandler & Falconer, LLP South Gate Mall Associates Aglietti, Offret & Woofter Steadfast Companies Situs, Inc. Private Sector TelAlaska, Inc. Agbar Technologies Touchstone Corporation Alaska Electrical Pension Fund (AEPF) TTM Technology Alaska Pacific University The Dome ARTESIA, A Dexia Company Washington Capital Management Company Building Owners and Managers Association (BOMA) of Weyerhaeuser Anchorage Browman Development Birch REA Partners Carr Gottstein Properties Chevron USA Products CH2M Hill / VECO Corporation Covenant House Alaska ConocoPhillips Debenham Properties, LLC Diamond Parking Far West Petroleum Flint Hills Resources Alaska, LLC Frampton & Opinsky/Calais Company GCI Communications Corp. General Warehouse & Storage General Motors Worldwide GVA Kidder Mathews Historic Seattle Ingersoll-Rand JL Properties Katten, Muchin & Rosenman, LLP Kin Properties, Inc. Kong Yick Investment Co. Lehman Brothers LJ Melody & Company NewTower Trust Marlow Construction The Odom Corporation Olympic Coast Investment Inc. 9330 Vanguard Drive, Suite 201 Anchorage AK, 99507 P: 907.341.2222 F: 907.929.2260 Email: [email protected] Web: www.reliantadvisory.com Per E. Bjorn-Roli, MAI Summary of Completed Assignments Special Purpose BBAHC Health Clinics, Various AK Properties YKHC Bethel Headquarters, Bethel AK 4100 Lake Otis Parkway, Anchorage AK Space Needle, Seattle WA OPA Building Market Rent, Anchorage AK Alaska Pacific University, Anchorage AK Puget Sound Navel Surgery Centers Shipyard, Bremerton WA Proposed Confidential