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QUALIFICATIONS
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Reaves C. Lukens, Jr.
MAI, SRA, CRE
Principal |
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BUSINESS EXPERIENCE
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REAVES C. LUKENS COMPANY,
1626 Spruce Street, Philadelphia, Pennsylvania, 19103. President and owner
since inception on November 1, 1976. Specializes in intensive and varied
appraisal counseling assignments covering all aspects and all types of real
estate. Primary area of business activity is in Metropolitan Philadelphia,
but fee assignments extend over Eastern United States.
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PROFESSIONAL
AFFILIATIONS & LICENSES
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APPRAISAL INSTITUTE
(Formerly known as
American Institute of Real Estate Appraisers)
Member (MAI)
President - National, 1984
First Vice President, 1983
President - Philadelphia Chapter, 1973
Director - Philadelphia Chapter, 1968-1971
Member of National Governing Council - 1975-1977
and 1980-1989.
Active on various national committees of the
American Institute of Real Estate Appraisers from 1968 to date. Includes
Required Examinations, Division of Research, Division of Publications,
Division of Courses (Vice Chairman, 1973-1974), Comprehensive Examinations
Sub-Committee (Chairman, 1975). From 1976-1979, served as Chief
Examiner--Examinations and was a member of the National Admissions
Committee. Division of Curriculum, 1980 and 1981. Chairman, National
Admissions Committee, 1980 and 1981. Chairman, National Bylaws Committee,
1982. Member of National Executive Committee, 1980-1985. Director, Appraisal
Institute Education Trust Fund Committee 1985 to present. Trustee, The Real
Estate Appraisers Group Insurance Trust 1994-1996. Director, Appraisers’
Liability Insurance Program, 1996-2001.
Active on various Philadelphia Metro Chapter No. 9
committees from 1963 to date, including Committee on Candidates, Candidate
Guidance Program, Finance, Admissions, and Nominating.
COUNSELORS OF REAL ESTATE
(Formerly known
as American Society of Real Estate Counselors)
Membership as of November 26, 1974 - Certificate
No. 622
REAL ESTATE COUNSELING GROUP OF AMERICA
Membership as of September 1999
PHILADELPHIA BOARD
OF REALTORS
Member - Board of Governors, 1973
Realtor - Institute Affiliate Member
Various Committee Assignments including Appraisal
Committee and Program Committee.
Designated Level III Appraiser
- Federal National Mortgage Association
Pennsylvania Real Estate Brokers License
Pennsylvania General Appraiser Certificate
New Jersey General Appraiser Certificate
Pennsylvania Association of Realtors
Tri-State Commercial & Industrial Association of
Realtors
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SCOPE OF APPRAISAL
AND COUNSELING ACTIVITY |
Experience in real estate
appraising and counseling has been intensive and varied since August, 1958.
Virtually all types of real property have been studied over a wide
geographical area. Extensive experience in land use and feasibility studies. |
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COURT TESTIMONY
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Qualified as an Expert Witness before various judicial
bodies of Philadelphia, Montgomery, Chester, Bucks and Delaware Counties in
Pennsylvania, and Morris, Burlington, and Camden Counties in New Jersey,
including Common Pleas Courts of Philadelphia, Chester, Montgomery and Bucks
Counties; United States Tax Court; Tax Court of the State of New Jersey;
Superior Court in Morris, Camden and Burlington Counties, New Jersey; United
States District Court for Eastern and Western Pennsylvania; and Federal
Bankruptcy Court, as well as numerous Boards of View, Juries of View and
Boards of Revision of Taxes.
Served as Special Master during 1993 and 1994 for
Judge Stewart Dalzell of the U.S. District Court, Eastern Pennsylvania
District. Case involved multiple lawsuits at the State and Federal levels
between a local municipality and a developer. The case was successfully
resolved without litigation. |
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EDUCATIONAL
BACKGROUND
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Wharton School
of Finance and Commerce, Graduate Division,
University of Pennsylvania - 1957-1958,
M.B.A. Degree
Pennsylvania State University - 1949-1953,
B.A. Degree
Appraisal Course I, AIREA, Philadelphia Board of
Realtors, 1958-1959
Appraisal Course II, AIREA, Philadelphia Board of
Realtors, 1959-1960
Real Estate Law & Conveyancing, Philadelphia Board
of Realtors, 1960-1961
Appraisal Course IV, AIREA, New York Chapter,
October, 1961
Urban Renewal Seminar, AIREA, Lima, Ohio, 1963
Appraisal Course VI, AIREA, University of
Connecticut, 1966
AIREA Instructor's Seminar - 1965, 1968, 1971,
1972, 1975, 1976, 1980, 1992
Residential State Certification Review - November,
1990
General State Certification Review - November, 1990
Standards of Appraisal Practice, Part A - 5/91,
4/97
Standards of Appraisal Practice, Part B - 6/91,
11/97
Standards of Appraisal Practice, Part C - 6/99
Appraisal Theory and Practice Overview Seminar,
1992
Understanding Limited Appraisals & Appraisal
Reporting Options, Allentown, PA - 8/1994
Appraisal of Retail Properties, Philadelphia, PA -
February 1995
EDI and the Appraisal Profession, Atlanta, GA - May
1995
USPAP Update, Philadelphia, PA - 6/95, 4/97, 6/99
Litigation Valuation Overview, San Antonio, TX -
6/98
Appraisals and Real Estate Lending, Ft. Washington,
PA - 4/2001
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PUBLICATIONS
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"The Appraisal Process" -
Delaware County Realtor - May, 1965
"The
Appraiser & Real Estate Feasibility Studies" - AIREA, August, 1972
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TEACHING ASSIGNMENTS,
SEMINARS AND LECTURES
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Panelist, CRE, Real Estate
2002, Condemnation, 4/2002 – Temple Univ., Phila., PA
Instructor, AI, Highest and Best Use, 1998 - Rutgers
Univ. New Brunswick, NJ
Instructor, AI, Highest and Best Use, 1997, 1998 -
Penn State -Great Valley
Instructor, AI, Advanced Income Capitalization,
1997 - San Diego, CA
Instructor, AI, Advanced Applications, 1996 -
Rutgers Univ.- New Brunswick, NJ
Instructor, AI, Advanced Income Capitalization,
1994 - Penn State-Great Valley
Instructor, AI, Advanced Applications, 1994 - Penn
State-Great Valley
Instructor, AI, Advanced Applications, 1994 -
Rutgers Univ.-New Brunswick, NJ
Instructor, AI, Money Markets and its Impact on
Real Estate Seminar, 1993 - Fort Washington, PA
Instructor, AI, Advanced Applications, 1993 -
Rutgers Univ.-New Brunswick
Instructor, AI, Case Studies in Real Estate
Valuation, 1992 - Penn State-Great Valley
Instructor, AI, Capitalization B, 1992 - Penn
State-Great Valley
Instructor, AI, Money Market Seminar, 1992 -
Atlanta, GA
Instructor, AI, Case Studies in Real Estate
Valuation, 1991 - Penn State-Great Valley
Instructor, AI, Capitalization B, 1991 - Penn State
Great Valley
Instructor, AI, Standards of Professional Practice,
Part B, 1991
Instructor, AI,
Development, Leasing and Acquisition of Retail Properties from a Tenant's, a
Counselor's, and an Investor's Perspective, 1991
Instructor, AI, Standards of Professional Practice,
Part A, 1991
Instructor, AI, Appraisal Theory Review, 1991
Instructor of numerous other AIREA Courses and
Seminars dating back to 1966. |
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