State of Arizona Certified General Real Estate Appraiser

Certificate #30276

Professional Experience

2013 to present    Valbridge Property Advisors | MJN Enterprises, Inc., Senior Managing Director
1988 – 2012    MJN Enterprises, Inc., President and Principal Appraiser
1983 – 1988    Mahoney, Cole and Associates, Fee Appraiser
1980 – 1983    Sanders K. Solot and Associates, Fee Appraiser

Professional Affiliations and Memberships

• Member of the Counselors of Real Estate (CRE®), Certification Number 2387. The CRE®
  designation is awarded only to those individuals who are invited by their peers into the
  membership of the Counselors of Real Estate.
• Member of the Appraisal Institute, earning the MAI (#7812) designation in 1988. The
  Institute conducts a mandatory program of continuing education for its designated
  members. Mr. Naifeh is currently certified under this program.
• Registered Property Tax Agent in the State of Arizona
• Licensed Real Estate Salesman, State of Arizona

Formal Education

Bachelor of Science Degree, University of Arizona, 1980. Concentration: Accounting and Real Estate

Professional Education

All required classes to obtain and maintain the MAI designation and state certifications.

Public Service

• Appointed to the Arizona State Board of Appraisal January, 2000.
• Served as Vice Chairperson in 2000 and Chairperson in 2001.
• Reappointed for a second term January, 2002.

Scope of Appraisal Practice

Mr. Naifeh’s appraisal practice is concentrated on valuations for the following purposes: Mortgage loan underwriting, Private negotiations, Legal proceedings, and Consultations. Clientele includes governmental agencies, corporate organizations, attorneys, development companies, and financial institutions. Mr. Naifeh has extensive experience in the valuation of most types of urban and rural real property, including single and multi-family residential, commercial, industrial, and vacant land. Experience also includes special-purpose properties, feasibility studies, property tax appeals, leased fee and leasehold interest, partial interests, condemnation, UASFLA (Yellow Book) compliant appraisals and counseling.

Mr. Naifeh is a founding member of Valbridge Property Advisors and served on the initial Board of Directors.