©A. F. Mollica

QUALIFICATIONS OF THE APPRAISER


Anthony F. Mollica, MAI, ASA
Ohio Certified General Real Estate Appraiser No. 380188
Michigan Certified General Real Estate Appraiser No. 1201002293
1601 Bethel Road, PO Box 20326
Columbus, Ohio  43220

The Appraisal Institute conducts a program of continuing education for its designated members.  As of the date of this report, I, Anthony F. Mollica, have completed the requirements of the continuing education program of the Appraisal Institute.


EDUCATIONAL BACKGROUND AND TRAINING


Capital University, Dept. of Business Administration & Economics

	Bachelor of Arts, General Studies
		Focus: Valuation Sciences and Golf Management
	
	Certificate in Management
	Management, Accounting and Economic Studies


The Ohio State University

	Real Estate Economics, Feasibility Studies, Appraisal Theory
	 and Investment Analysis


Ohio University

	Real Estate Principles, Brokerage, Law, Finance,
	Marketing, Appraisal and Special Purpose Properties,
	Law of Property and Real Estate


Appraisal Institute Courses

Real Estate Course I:		Basic Principles, Method Techniques
Real Estate Course II:		Urban Properties
Real Estate Course VIII:		Single-Family Residences

Comprehensive examination successfully completed in 1971.


PROFESSIONAL DESIGNATIONS

Real Estate and Business

MAI -		Appraisal Institute, No. 4655
ASA -		American Society of Appraisers
				Senior Member:  Urban Real Estate
				Senior Member:  Business Valuation


EDUCATOR

Adjunct Faculty -	The Ohio State University
			   Business Organization Dept.
Adjunct Faculty -	Ohio University, Continuing Education, Real Estate
Adjunct Faculty - 	Otterbein College
National Faculty - 	Appraisal Institute - Real Estate and Business Appraisal


ORGANIZATIONS

Columbus Board of Realtors
Ohio Board of Realtors


EXPERIENCE - REAL ESTATE

	I was licensed as a real estate salesperson in 1955.  In 1961, I entered the real estate brokerage and appraisal profession in Columbus, Ohio, and have since been operating as an independent fee appraiser.  Since 1961, I have completed over six thousand appraisals which include the valuation of single-family residences, condominiums, multi-family projects, commercial buildings, office buildings, industrial buildings, commercial land, industrial land, churches, service stations, hospitals, railroads, bowling alleys, schools, nursing homes, race tracks, golf courses, quarries, single-family residential developments, industrial parks, recreational facilities, fast-food (multiple outlets) restaurants, office parks, hotels, motels, wetlands, environmentally impacted properties, airports, bank buildings, strip shopping centers and regional shopping malls.

Significant Appraisals

Ohio State Penitentiary
Polaris -1,200 Acre Development with a  Privately-Funded Interchange
New Albany Company - 4,500 Acre Golf Course Community
Trump/Galbreath Tower, New York, New York – Developer’s Interest
Pittsburg Pirates - Remainderman Interest
Beulah Park Raceway Track
Scioto Downs Harness Race Track


Significant Achievements

Co-Author, Business Valuation Seminar for Appraisal Institute, 1986
Key Note Speaker - Society of Real Estate Appraisers, 1989
Outstanding Real Estate Educator, Ohio Board of Realtors, 1992


CLIENTS SERVED BY THE APPRAISER

Bank One, State Savings and Loan, National City Bank, State of Ohio, City of Columbus, Franklin County, Shell Oil Company, Borden Company, Chemical Mortgage, Federal National Mortgage Assoc., Federal Deposit Insurance Corporation, The Ohio State University, Wendy's International, United States Army Corps of Engineers, United States Department of the Interior, United States Post Office, McDonalds, Bell Laboratories, Burger King Services Corporation, Sussex Mortgage Company, Cooker Restaurants, Wexner Investments, Ohio Bank, Provident Bank, The Galbreath Company, Law Firms and Accounting Firms.

Internal Revenue Service:		Real Property and Stock In
				Closely Held Corporations


BUSINESS VALUATION

Valuing the Going Concern:  American Institute of Real Estate Appraisers
Valuing a Company's Stock:  University of Colorado Continuing Education
Acquisition & Mergers Seminar:  American Institute of Corporate Asset Management,
Ohio State University
Advanced Business Valuation Seminar:  Valuing Fractional Interests in Closely Held 
Corporations and Other Topics, American Society of Appraisers

	
	Business valuations that I have completed since 1968 include the valuation of going concerns and stock in closely held corporations for purposes of buying and selling, estate planning, divorce and employee stock ownership plans and appraising fractional interests in real estate limited partnerships.

ASA Senior Member Designation:  Business Valuation Specialist

Business Valuation Experience

Fast-Food Restaurants				Printing Companies
Engineering Firms				Accounting Firms
Construction Companies				Real Estate Holding Companies
Drive-Thru Carryouts				Appraisal Companies		
Food Brokers					Convenience Stores
Manufacturing Company - General			Retail Companies
Distribution/Wholesale Companies			Law Firms
Photography Companies				Amusement Parks
Automobile Dealerships				Employment Agencies
Medical, Dental and other				Architectural Firms
   Medical Specialists				Mineral Extractions
Furniture/Fixtures/Equipment			Broker Dealer Company