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Curriculum Vitae of Tony Sevelka

 

Appraisal Experience & Professional Positions Articles, Interviews & Seminars Professional Qualifications Continuing Education Professional Chapter & Committee Involvement Representative Assignments

 

Appraisal Experience & Professional Positions
Articles, Interviews & Seminars
Formal Education

Professional Qualifications
Continuing Education
Professional Chapter & Committee Involvement
Representative Assignments

 

 

Appraisal Experience & Professional Positions

 

Experience: Since 1972, Tony Sevelka has conducted appraisals and studies of most forms of real estate including office buildings, apartment buildings, shopping centres, service stations, subdivision and other development land, industrial land and buildings, rights-of-way, and special purpose facilities such as racquet clubs, hockey rinks, hotels and motels, resorts, nursing and retirement homes, airport hangars, and Lester B. Pearson International Airport's Terminal 3.

 

Currently: President: International Forensic & Litigation Appraisal Services Inc. and International Valuation Consultants Inc.

 

Formerly: Director: MacKenzie, Ray, Heron & Edwardh, Forensic & Litigation Appraisal Division; Senior-Manager: Peat Marwick Thorne Real Estate Valuation and Consulting Services; Senior Appraiser: Stewart Young and Mason Limited; and Real Estate Appraiser: Mortgage Insurance Company of Canada, Bank of Nova Scotia Mortgage Department, Picken & Mason Limited, I.I. Nash Associates Limited, E.J. Strachan Limited, Ministry of Government Services - Realty Branch, and Realty Research Group Limited.

 

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Articles, Interviews & Seminars

 

Published Articles:

  • The Apartment Market Under Rent Control/An Investment Perspective; Toronto Home Builders Association.
  • Capitalization & Valuation Process; Society of Real Estate Appraisers; The Real Estate Appraiser & Analyst - Spring 1985.
  • Alternative Valuation Methods for Leasehold Properties; Society of Real Estate Appraisers; The Real Estate Appraiser & Analyst - Spring 1986.
  • Valuation of Leased Income-Producing Properties Exhibiting Excess Rent; Appraisal Institute of Canada; The Canadian Appraiser - Volume 37, Book 2, Summer 1993.
  • Intellectual Dishonesty from an Appraisal Perspective; Appraisal Institute of Canada; The Canadian Appraiser - Volume 38, Book 4, Winter 1994.
  • Pension Fund Appraisals: Where's The Value?; North American Real Estate Review (www.forbes@infobahncom.com.).
  • Appraisal Review: An Emerging Discipline; Appraisal Institute of Canada; The Canadian Appraiser - Winter 1996 (Part I) and Spring 1997 (Part II).
  • Rental Dispute Arbitration; Appraisal Institute of Canada; The Canadian Appraiser - Summer 1998 (Part I) and Fall 1998 (Part II).
  • Ground Lease Interpretation-Rent Review & Adjustment Valuation Issues; Appraisal Institute of Canada; The Canadian Appraiser - Spring 2002.
  • Expropriation & Condemnation-The Larger Parcel; Appraisal Institute (of the U.S.); The Appraisal Journal - January 2003.
  • The Forensic Appraiser, Appraisal Institute of Canada; The Canadian Appraiser - Winter 2003.
  • Where the Overall Cap Rate meets the Discount Rate, Appraisal Institute
  • When is Subdivision the Highest and Best Use?, Appraisal Institute of Canada; The Canadian Appraiser -Spring 2004.
  • Subdivision Development Method: Risk, Profit & Developer Surveys, Appraisal Institute; The Appraisal Journal - Summer 2004.
  • 2005 Swango Award Winner
  • When is Subdivision the Highest and Best Use?, Appraisal Institute of Canada; The Canadian Appraiser - Spring 2004.
  • Appraisal Standards & Professional Negligence Claims, Appraisal Institute; The Appraisal Journal - Fall 2004.
  • Ground Lease Rental Disputes, Appraisal Institute of Canada; The Canadian Appraiser - Volume 48, Book 4, 2004.
  • A Review of the Subdivision Development Method, Appraisal Institute of Canada; The Canadian Appraiser - Volumes 49 + 50, 2005.
  • Expropriation Appraisal Review; Appraisal Institute; The Appraisal Journal - Spring 2008

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Interviews:

  • Government Land Flips, Mississauga Times; April 2000
  • Appraisal Standards; for the Rutherford Report; 1993; Volume 2; Number 1;
  • Focus on Valuations/Appraisers; for the Law Times; 1993; April 26 - May 2;
  • Failure, fraud dog real estate syndications; for The Financial Post; 1990.

Seminars:

  • Uniform Standards of Professional Appraisal Practice (USPAP)
  • Appraisal Review
  • Quality Control
  • Expropriation & Condemnation: The Larger Parcel (October 2002 for the Ontario
    Expropriation Association)
  • Appraisal Review From An Underwriting Perspective (October 2002 for the Royal Bank of Canada)
  • Reviewing Appraisals prepared for Expropriation (for the Province of Ontario’s
    Ministry of Transportation)
  • The Larger Parcel (for Ontario Realty Corporation)
  • Appraisal Review on behalf of University of British Columbia

 

Formal Education

 

Diploma (Real Property Assessment) - Seneca College

 

BGS (Bachelor General Studies; Major: Real Estate Studies) - Thompson Rivers University


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Professional Qualifications

 

Fellow, Royal Institution of Chartered Surveyors (FRICS) - 2005 - Royal Institution
of Chartered Surveyors (UK)

 

Counselor of Real Estate (CRE) - 1991 - American Society of Real Estate Counselors

 

Member Appraisal Institute (MAI) - 1986 - American Institute of Real Estate Appraisers

 

Senior Real Estate Analyst (SREA) - 1986, and Senior Real Property Appraiser (SRPA) & Senior Residential Appraiser (SRA) - 1984 - Society of Real Estate Appraisers

 

Accredited Appraiser Canadian Institute (P.App. & AACI) - 1984 - Appraisal Institute of Canada

 

Graduate - Certificate Program - 1994 - Ontario Real Estate Association (OREA)

 

Member - IC&I Council of the Canadian Real Estate Association

 

Expert Testimony: Qualified as an expert witness by the: - Supreme Court of Ontario - Ontario Municipal Board - Ontario Court (General Division)

 

Arbitration Act - Experience as Real Estate Arbitrator

 

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Continuing Education

  • Appraisal Standards and Ethics (every five-year cycle)
  • Appraisal Review - Income Properties
  • Critical Analysis of The Income Approach to Valuing Revenue Producing Real Estate
  • Tracking The Net Effective Rent
  • Analyzing Operating Expenses
  • Tenant/Landlord Representations and Commercial Leases
  • Litigation Valuation
  • Eminent Domain and Condemnation
  • Business Valuation
  • Hotel/Motel Valuation
  • Appraisal of Nursing Facilities
  • Valuation of Detrimental Conditions in Real Estate
  • Feasibility Analysis and Highest and Best Use
  • Search, Acquisition & Ownership of Commercial Real Estate Developments
  • Real Estate, The Money Market & Difficulties of Forecasting Future Investment Benefits
  • Arbitration
  • Fraud Symposium
  • Organizational Communications
  • Real Property Law
  • Internet Search Strategies for Real Estate Appraisers
  • Real Estate Investment Analysis
  • Scope of Work: Expanding Your Range of Services
  • Real Estate Finance Statistics & Valuation Modeling
  • Business Practices & Ethics
  • Small Hotel/Motel Valuation
  • Rates and Ratios: Making sense of GIMs, OARs & DCF

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Professional Chapter & Committee Involvement

 

President (1990-94)

  • Ontario Chapter of the Appraisal Institute (of the United States: formed by the merger of the American Institute of Real Estate Appraisers and the Society of Real Estate Appraisers)

President (1996)

  • Western New York/Ontario Chapter of the Appraisal Institute

Member (1995-1996)

  • Licensing Education Committee of the Ontario Real Estate Association

Board Member (1993-94)

  • Appointed to the General Appraisal Board Experience Subcommittee on Experience Rating, Appraisal Institute (of the U.S.)

Adjudicating Committee (1992-94)

  • Professional Practice Committee of the Appraisal Institute of Canada

Ad-Hoc Committee (1991-93)

  • Involved in revisions to the Code of Ethics and Rules of Professional Conduct and Standards of Professional Practice of the Appraisal Institute of Canada

National Standards Committee (1993)

  • Appointed as member of the National Standards Committee (formerly an Ad-Hoc Committee) of the Appraisal Institute of Canada

Admissions Committee (1990-91)

  • Chairman Ontario Chapter of the American Institute of Real Estate Appraisers

Investigative Member (1990-91)

  • Professional Practice Committee of the Appraisal Institute of Canada

Member (1990)

  • Professional Development Committee of the Appraisal Institute of Canada

Vice-President (1989)

  • Ontario Chapter of the American Society of Appraisers

Assistant Regional Member (1989)

  • Ethics Administration and Review & Counseling Divisions, Appraisal Institute (of the United States)

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Representative Assignments

 

Major Expropriations & Land Compensations (Reviews & Appraisals)

  • Expropriation (several properties), St. Lawrence Square, property owners
  • Expropriation, Willow Park Trailer Camp, Counselor to CVCA
  • Expropriations (Provincial and Federal), airport & community (Pickering)
  • Cash-In-Lieu of Park Dedications, Regional Municipality of York
  • Partial Takings, Highway No. 427, Ministry of Transportation
  • Partial Takings, Highway No. 407, CHIC
  • Partial Takings, Highway No. 403, Management Board Secretariat
  • Partial Takings, road widenings, Regional Municipality of York
  • Partial Taking, George Bolton Parkway, Town of Caledon
  • Partial Takings, Highway 10 & Steeles Avenue, Regional Municipality of Peel
  • Partial Takings, Highway 410 Extension, Regional Municipality of Peel
  • Partial Takings, Highway 12 Widening, County of Simcoe
  • Partial Takings, Retainer Assignments, Ministry of Transportation
  • Partial Takings & Buyouts, Highway 407 extension, Ministry of Transportation

Special Use Assignments

  • Confidential Forensic Investigations - Portfolios of several lending institutions (Canada-wide): Trust Companies, Life Insurance Companies & Banks
  • Calculation of Leasehold interest (217 stores of retail shoe chain) for bankruptcy proceedings (Canada-wide)
  • Business Valuation, Yonge Street (Toronto)
  • Portfolio of industrial buildings & land - bankruptcy proceedings (Stoney Creek)
  • Rental Arbitration of flea market, Yonge Street (Richmond Hill)
  • Rental Arbitration (property subject to ground lease), York Street (Toronto)
  • Rental Arbitration (property subject to ground lease), King Street East (Toronto)
  • Rental Arbitration (St. Michael's College properties subject to ground lease), Bathurst & St. Clair Avenue) (Toronto)
  • Ground Lease Rental Arbitration (Harbour Castle Conference Centre), Harbour & Bay Streets (Toronto)
  • Ground Lease Rental Arbitration, SWC Yonge & Eglinton Avenue (Toronto)
  • Feasibility Study - Land subject to TTC ground lease, Yonge & Chaplin (Toronto)
  • Feasibility Study & Valuation of Salvation Army site (former nursing home), St. Andrews Street (Cambridge)

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Special Purpose Properties

  • Canada Post Corporation Portfolio (Canada-wide)
  • Terminal 3, Lester Pearson International Airport (Mississauga)
  • CPR Owen Sound Subdivision (Mississauga, Brampton, Caledon & Orangeville)
  • Nursing Home Portfolio (Southwestern Ontario)
  • Airport Hangar Portfolio (Canada-wide)
  • Ashgrove Medical Centre (Markham)
  • Hockey Arena & Racquet Club portfolio (Metropolitan Toronto)
  • Racquet Club portfolio (Toronto Region)
  • The Fitness Institute, Yorkland Boulevard (Toronto, formerly North York)
  • Lehndorff Properties Investment Portfolio Review (Canada-wide)
  • Investment Portfolio (Toronto Region)
  • Main Square (mixed-use project subject to ground lease and sub-lease), SEC Main & Danforth Avenues (Toronto)

Hotels, Motels & Resorts

  • Hotel Admiral (subject to ground lease), Queen's Quay West (Toronto)
  • Chimo Hotel, Woodbine Avenue (Markham)
  • Hotel Lord Berri, Berri Street (Montreal)
  • Apartment/Hotel, (confidential) (Vancouver)
  • Bangor Lodge Resort (Bracebridge)
  • Old Stone Inn, Robinson Street (Niagara Falls)
  • Hotel La Citadelle, Sherbrooke Street (Montreal)
  • Holiday Inn (subject to ground lease), Iroquois Shore Road (Oakville)
  • Todd Brooker Lodge condominium hotel (Collingwood)

Office Buildings & Complexes

  • University Avenue (Toronto)
  • Carlton Street (Winnipeg)
  • Bloor Street West (Toronto)
  • Bloor Street West (Toronto)
  • Yonge Street (Toronto)
  • Chatham/Goyeau Streets (mixed-use complex) (Windsor)
  • Columbia Way (Markham)
  • Meyerside Drive (Mississauga)
  • Skymark Avenue (Mississauga)

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Industrial Buildings & Complexes

  • Warner-Lambert (mixed use industrial/office complex), Eglinton Avenue East (Toronto, formerly Scarborough)
  • Kestrel Road (Mississauga)
  • Woodbine Downs (Toronto, formerly Etobicoke)
  • Steelcase complex, Bramalea Road (Mississauga)
  • Bronte South (Milton)
  • Automotive Plant (Markham)
  • Trowers Road (Vaughan)
  • Imasco Plant, Leslie Street (Toronto, formerly North York)
  • Crestmoor Industrial Campus, Steeles Avenue West (Toronto, formerly North York)
  • Combustion Engineering, Vincent Massey Drive (Cornwall)
  • Industrial Buildings Portfolio (Mississauga)

Land

  • Industrial land - 400 acres (Pickering)
  • Famous Players Portfolio (Toronto)
  • Office land, NWC Aberfoyle & Bloor Street (Toronto, formerly Etobicoke)
  • Office land, Consilium at City Centre (Toronto, formerly Scarborough)
  • Mixed - use land portfolio (Toronto Region)
  • Commercial land - 55 acres, E/S Weston Road (Vaughan)
  • Mixed - use land - 800 acres, Highway 401 & Hurontario Street (Mississauga)
  • Mixed - use future urban land - 690 acres, Highway 11 (Barrie)
  • School Sites - acquisitions by various boards from developers

Apartment Buildings & Condominiums

  • Palace Place (Toronto)
  • Bromsgrove Road (Mississauga)
  • Wentworth/Cedar Streets (Oshawa)
  • Bogert Avenue (subject to ground lease) (Toronto, formerly North York)
  • Maitland Place (Toronto)
  • St. Clair Avenue West (Toronto)
  • Driftwood Avenue (Toronto, formerly North York)
  • Provence Trail (Toronto, formerly Etobicoke)
  • Jameson Avenue (Toronto)
  • Lawrence Avenue (Toronto, formerly North York)
  • Graydon Hall Drive (Toronto, formerly North York)
  • Chatham/Goyeau (Mixed-use complex) (Windsor)
  • Highmark Properties Portfolio (Mississauga, Halton Hills, Milton & Belleville)

Commercial Properties & Complexes

  • Portfolio of Gas Bars & Service Stations (Ontario-wide)
  • Simcoe Town Shopping Centre (Simcoe)
  • Park Road Square Shopping Centre (Timmins)
  • Glendale Mall (St. Catharines)
  • Main Square (Toronto)
  • Sherwood Plaza (Markham)
  • High Point Mall (Mississauga)
  • Montevideo Road (Mississauga)
  • Lawrence Avenue East (Toronto, formerly Scarborough)
  • Queen Street South (Hamilton)
  • Janetown Plaza (Toronto, formerly North York)
  • Steeles Avenue West (Toronto, formerly Etobicoke)

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