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Frank E. Schmidt, MAI, SRA - President

Mr. Schmidt has been appraising proposed and existing real estate since 1975. He is an experienced expert witness in United States District Court, Santa Clara County Superior Court, the Public Utility Commission of the State of California, and the American Arbitration Association.

His experience includes real estate development, appraisal assignments for lenders, attorneys, accountants, corporations, municipalities, litigation support, and individuals for estate planning, diminution in value, mortgage lending, gifting, taxation, purchase, and sale.

Past work includes fee simple, leased fee, easement, and partial interest appraisals for improved properties and/or land for mobile home parks, movie theaters, dormitories, sororities, funeral homes, self-storage facilities, auto dealerships, schools, gas stations, office buildings, warehouses, industrial and R & D buildings, agriculture, apartment complexes, shopping centers, residential and commercial condominiums, attached and detached single family dwellings including residential subdivisions, and land development projects.

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Wayne F. Prescott, MBA, MAI, CCIM - Chief Executive Officer

Mr. Prescott has been appraising proposed and existing commercial, industrial, and residential property since 1985. Past work includes fee simple, leased fee, easement, and partial interest appraisals for improved properties and/or land for office buildings, warehouses, industrial and R & D buildings, apartment complexes, mobile home parks, self-storage facilities, auto dealerships and race tracks, theaters, schools, service station and fast food sites, attached and detached single family dwellings, agricultural properties, residential and commercial condominiums, cooperatives, and commercial and residential land development projects, and rent surveys.

Mr. Prescott is an experienced expert witness in land valuation, construction defects, subdivision analysis, retail centers, gas stations, and standard of care for appraisers in over 30 cases in the past 10 years, about 50/50 for the defense and plaintiff. He has appraised for government agencies, lenders, attorneys, accountants, corporations, and individuals for eminent domain, estate planning, tax appeal, mortgage lending, litigation support, construction defects, partnership disputes, lease negotiation, mis-management, fire damage, earth movement, gifting, taxation, subdivision, investment, collateralization, purchase, and sale. He is a trained mediator, specializing in property dispute resolution. Mr. Prescott has 12 years prior experience in the industrial property insurance industry as a loss prevention engineer, underwriter, and broker.

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David Snively - Associate Appraiser

David L. Snively is a professional real estate appraiser in Northern California with more than 30 years experience in Appraisal, Expert Witness Testimony, and Valuation Consulting. He has been a resident of the Bay Area since 1963 and has a strong working knowledge of the many local markets in Alameda, Contra Costa, Marin, Monterey, San Benito, Santa Cruz, San Mateo and Santa Clara counties.

Since 1976 he has been appraising proposed and existing commercial, industrial, agricultural, special purpose and residential property. He is an experienced expert witness in eminent domain and right of way issues. Mr. Snively has appraised for government agencies, attorneys, and individuals in eminent domain, litigation support, partnership disputes and tax appeal cases. He has qualified as an Expert Witness in Federal Bankruptcy Court and the Superior Courts of Alameda and San Mateo Counties; court ordered mediations and arbitrations in Santa Clara, San Mateo and Alameda Counties and pre-trial mediations with JAMS. Two of those trials were eminent domain proceedings involving cemeteries.

Mr. Snively began his career with Clevenger Realty Appraisal Corp working with Floyd D. Clevenger, MAI, SRA on primarily eminent domain and other types of complex litigation appraisal assignments. As a senior appraiser, he worked with many of the Bay Area’s preeminent condemnation attorneys on a number of precedent-setting cases. In 1999 he joined Ashley, Chapman & DeVoe (now Dean Chapman and Associates), appraising primarily for eminent domain and litigation purposes of special purpose properties, including cemeteries, milk processing plants and solid waste/ recycling facilities. Mr. Snively joined The Schmidt-Prescott Group in 2006, continuing these specialties and expanding the team’s capabilities in the eminent domain arena.

Mr. Snively is licensed as a Certified General real estate appraiser with the State of California, No. AG009687. He is an associate member of the Appraisal Institute and a member of the International Right of Way Association (IRWA).

Matt Watson - Associate Appraiser

Mr. Watson has been appraising proposed and existing real estate since joining The Schmidt-Prescott Group, Inc. in 2002. Past work includes improved properties and/or land for office, industrial, apartment complexes, auto dealerships, attached and detached single family dwellings, residential and commercial condominiums, and commercial and residential land development projects. His experience includes appraisal assignments for lenders, attorneys, accountants, corporations, government agencies, and individuals for estate planning, mortgage lending, taxation, purchase, and sale.

He earned a B.S. degree in Electrical Engineering at the University of California, Santa Barbara and he holds a Certified General Appraiser License (AG040050). Mr. Watson’s previous experience includes construction cost estimating, a valuable skill in the appraisal profession.

Brian Drake - Associate Appraiser

Mr. Drake began his appraisal career with the Schmidt-Prescott Group in 2004. He holds a Certified General Appraiser License (AG031568) and is an associate member of the Appraisal Institute, working toward earning the MAI designation. His experience consists of appraising a wide variety of property types including office, medical office, surgery centers, industrial, R&D, warehouse, self storage facilities, agriculture, apartment complexes, retail centers, auto dealerships, restaurants, fast food, commercial condominiums, and single family dwellings.

Mr. Drake earned a bachelor's degree in Broadcast Communications from San Francisco State University. He has taken many courses, seminars and workshops in the field of real estate appraisal, offered by the Appraisal Institute. His inquisitiveness and persistence contribute to his success in real property appraisal.

Leonard W. Cacioppo - Associate Appraiser

Mr. Cacioppo joined the Schmidt-Prescott Group in 2008. He holds a Certified General Real Estate Appraiser License (AG029964). Mr. Cacioppo has been in the real estate appraisal field since 2001. Working in both the residential and commercial sectors of valuation, Mr. Cacioppo has established himself as an accomplished and credible appraiser. Mr. Cacioppo has developed and delivered valuation lectures to other real estate professionals, shared his expertise and experience by mentoring other appraisers, has delivered testimony as an expert witness, and actively participates with his peers in exercises intended to share knowledge and expertise.

He has taken many courses, seminars and workshops in the field of real estate appraisal, offered by the Appraisal Institute, including courses in litigation appraising and the appraiser as an expert witness. Prior to his career in Real Estate Valuation, Mr. Cacioppo was an Information Technology professional, working for both consulting firms and end users, specializing in networking and infrastructure integration.

Louis de la Girond'arc - Associate Appraiser

Louis de la Girond'arc began his appraisal career with the Schmidt-Prescott Group in 2005. He holds a Real Estate Appraiser Trainee License (AT037881) and will earn a Certified General Appraiser License in 2008. He is an associate member of the Appraisal Institute and is working toward earning the MAI designation. His experience consists of appraising a wide variety of property types including residential land, office, medical office, industrial, R&D, warehouse, apartment complexes, retail centers, restaurants, hotels, commercial condominiums, and single family dwellings.

Mr. Girond'arc earned a bachelor's degree in Electronic Engineering Technology from California Polytechnic State University at San Luis Obispo, and has taken many courses, seminars and workshops in the field of real estate appraisal, offered by the Appraisal Institute. His attention to detail and computer skills contribute to his success in real estate appraisal.

Eric Sinclair - Associate Appraiser

Mr. Sinclair has been appraising proposed and existing commercial real estate since 2006. He holds a Real Estate Appraiser Trainee license (AT0042547) and will earn a Certified General appraiser license in summer 2008. Past work includes the valuation of office buildings, hotels and motels, industrial properties, apartment complexes, service stations, restaurants, marinas, retail centers, mixed-use properties, residential subdivisions, rent surveys and other property types. He has appraised for lenders, attorneys, and individuals for litigation, estate planning, mortgage lending, investment, purchase, and sale.

Mr. Sinclair has taken many courses in real estate appraisal through the Appraisal Institute, of which he is an associate member. He also has 13 years experience in the software industry as a senior project manager and software implementation consultant for Search and Content Management solutions. He graduated from San Francisco State University with a Bachelor’s degree in Journalism.

Margaret Solis - Research Analyst / Office Manager

Ms. Solis earned a B.A. in Sociology and a M.A. in Education from Holy Names University in Oakland, California. She holds a Standard Teaching Credential for Elementary School. She began appraising residential real estate in 1986. She joined The Schmidt-Prescott Group, Inc. in 1996, where she began appraising commercial property. Ms. Solis is highly adept at quickly developing a trusting relationship; her career crystallized in the area of data research and verification, leading to a specialization in that aspect of the appraisal profession. Because she is well organized and detail-oriented, the firm later added office management to her job responsibilities.

Nancy G. Bigham - Research Analyst

Ms. Bigham grew up in the San Francisco Bay Area and graduated from U.C. Berkeley with a B.A. in Bacteriology, and from San Francisco State University with a M.A. in Microbiology. She worked in biotechnology and computer high-tech before changing careers to real estate appraisal in 2006. She completed courses in real estate, economics and business law at De Anza College as well as classes and seminars offered by the Appraisal Institute. She holds a Real Estate Appraiser Trainee License and is an associate member of the Appraisal Institute. She joined The Schmidt-Prescott Group, Inc. in the fall of 2007, where she combines her computer and research skills and applies them to the appraisal discipline.



 
 
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