William A. McCann, MAI
Bill A. McCann III, MPA
Over 60+ years combined appraisal experience


BILL A. McCANN III, M.P.A.

Experience


Mr. McCann formed BLAINE COUNTY APPRAISAL, LLC in January 2010 having previously worked as a contract appraiser for a local appraisal firm. Previously, Mr. McCann worked for a firm founded by his father--William A. McCann & Associates, Inc., a full service appraisal company in Chicago, Illinois.

During his undergraduate education Mr. McCann was employed by DePaul University from the fall of 1994 until the spring of 1996 as a researcher/ field/ lab technician for a wetlands research project. From May until September of 1997, Mr. McCann served an internship in the environmental engineering department of a prominent Chicago area-engineering firm.

He has gained appraisal experience in various facets of real estate appraising including such property types as commercial, industrial, office, multi-family residential, high value residential, vacant land of various types, proposed and existing subdivisions, environmentally sensitive and special purpose properties such as golf courses and health clubs, temporary and permanent easements, and fractional interests.

The purposes for which these appraisals have been performed include mortgage financing, estate taxation, ad valorem assessment, condemnation, litigation, impact studies, corridor acquisition, sub division analysis, acquisition and disposition. Idaho assignments have included properties located in Blaine, Custer and Lemhi counties. He has also appraised properties five other counties in Illinois. Mr. McCann has qualified as an expert real estate witness in the Cook County Circuit Court.

Education

Educational background includes of a Bachelor of Science degree in Environmental Science from DePaul University and a Master of Public Affairs degree in Environmental Policy and Natural Resource Management from Indiana University.

His specialized real estate education includes the successful completion of:
Appraisal Principles Highest and Best Use and Market Analysis
Appraisal Procedures Appraising Environmentally Contaminated Properties
Valuation of Conservation Easements Introduction to Environmental Issues for Real Estate Appraisers
USPAP and periodic Updates Advanced Residential Form & Narrative Report Writing
Basic Income Capitalization Advanced Sales Comparison and Cost Approaches
Residential Valuation Standards of Professional Practice Parts A & B
Residential Case Studies General Appraiser Income Approach Part 1 & Part 2
Nonresidential Report Writing General Appraiser Sales Comparison Approach
Foreclosure and Short Sale Seminar General Appraiser Market Analysis & Highest & Best Use
Business Practices and Ethics General Appraiser Site Valuation & Cost Approach
Business Practices and Ethics General Appraiser Site Valuation & Cost Approach
The Green Housing Market General Appraiser Report Writing and Case Studies
  Appraisal Challenges: Declining Markets & Sales Concessions
  Real Estate Finance Statistics & Valuation Modeling
  Strategies for Successfully Appealing a Real Estate Tax Assessment
  Agency Perspectives: Challenges of Easements, Eminent Domain & Right-of-Way

He has also attended seminars on various aspects of real estate and appraising; including brownfields redevelopment, property tax appeal mock hearings and the valuation of cellular phone towers.

Licenses and Membership
Mr. McCann was previously licensed in Illinois and Colorado and is currently licensed as an appraisal trainee in the State of Idaho under William A. McCann, MAI & Idaho CGA-256 and is in the process of completing the requirements for his certified general license. He is a member of the Sun Valley Board of Realtors and has access to current listings and both recent and historic sales information.

WILLIAM A. McCANN, MAI (IDAHO LICENSE CGA-256)
Background


William A. McCann has been engaged exclusively in the profession of real estate appraising and consulting since 1958. He founded WILLIAM A. McCANN & ASSOCIATES, INC in 1962, a full service appraisal company based in Chicago. His assignments have included appraisals and consultations in over half of the United States with the greatest concentration in the States of Illinois, Idaho, Michigan, Wisconsin, and Indiana. He became a licensed real estate broker in 1958 and has sold, managed, developed and renovated various types of real property. He holds the professional designation of MAI in the Appraisal Institute. He no longer performs real estate brokerage or management services and restricts his assignments to appraising, consulting, and litigation support.

Beginning in 1979 Mr. McCann became a part time resident in Sun Valley, Idaho while his children attended and graduated form local schools. In the early 1980's, he began consulting with local appraisal companies having a need for his commercial and litigation experience Over this time he has bought and sold real estate on his own account while performing appraisal and consulting assignments with local real estate appraisal firms, lenders, attorneys and developers. . In 1999, Mr. McCann became a fulltime resident in Blaine County, Idaho. Since that time, he has appraised local properties consisting of varying types of commercial--including office buildings, retail establishments, automobile dealerships, mixed use developments, golf courses, health clubs, industrial, condominium and townhouse developments, proposed construction and subdivisions and vacant land for acquisition, financing, conservation easements, charitable donation and other purposes

. In January of 2010 Mr. McCann assisted his son in the formation of Blaine County Appraisal, LLC and has continuously assisted and/or prepared appraisal reports for a variety of clients and property types in relation to lending, acquisition, disposition, easements, condemnation, litigation, and other matters.

Experience

Mr. McCann has appraised and provided consulting services concerning the highest and best use, market value, and development of virtually all classifications of land. He has performed the analysis and valuation of residential, commercial, industrial and unique properties, such as airports, landfills, cemeteries, correctional and institutional properties, nursing homes, hospitals, hotels and motels, high-rise office and apartment buildings, shopping centers, and planned unit developments. Some of the major properties appraised by Mr. McCann include Chicago's Sears Tower, Merchandise Mart, Apparel Center, etc. Other types of assignments completed by Mr. McCann include urban renewal redevelopment, re-use and marketability studies, highway and expressway acquisitions, avigation, utility, pipeline, facade, conservation, and other easements; railroad rights-of-way, mechanic lien valuations, and a variety of condemnation assignments including both partial and full takings.

Local Experience

Since 1999, Mr. McCann worked as a commercial and litigation consultant with a local appraisal company performing a wide variety of commercial, high value residential, land, and litigation appraisal and consulting assignments in Blaine County. He is also called upon to consult with his former firm concerning forensic real estate matters on occasion. In January 2010, Mr. McCann joined his son's firm, BLAINE COUNTY APPRAISAL, LLC located in Ketchum, Idaho and specializing in commercial and high-end residential appraising and litigation support.

Mr. McCann was elected to the board of directors of the Calumet Federal Savings & Loan Association in 1990. The association was an active participant in mortgage loans in the Blaine County area from the late 1970's. Mr. McCann assisted in the review of appraisals and underwriting of residential and commercial loans in Blaine County from 1990 until the early 2000's when the association was sold to a bank holding company.

Court Testimony

William A. McCann has qualified as an expert witness and has testified at the request of government agencies, individuals, developers, institutions, attorneys, and by various courts. He has testified in the Circuit Courts of Cook, DuPage, Kane, Lake, McHenry, and Will County, Illinois, and the Northern District of the United States Federal Court concerning bankruptcy, foreclosure, taxation, and real estate fraud matters. He has testified in contested and non--contested condemnation matters; real estate valuation, City, County and Village planning and zoning petitions; and tax and special assessment litigation. He has also been approved for court testimony by various city, state and federal government agencies, various branches of the Circuit Courts, the Cook County State's Attorney's Office, the Illinois Attorney General's Office and the City of Chicago Corporation Counsel's Office. In Addition, Mr. McCann has qualified as an expert real estate witness in the states of Idaho, Wisconsin, Michigan, Indiana, New York, California and Texas.

Clientele

Clients of William A. McCann & Associates, Inc. include developers and builders; insurance companies; pension funds; mortgage companies; major corporations; local, state and federal governmental agencies and departments; estates and trust departments; private individuals; law firms; various zoning, plan commissions and boards; various Circuit Courts and branches of the United States Federal Courts and the U.S. Department of Justice. Mr. McCann was approved by the U. S. Justice Department for Appraisal and Review work in conjunction with an investigation of the Central States Teamsters loan portfolio involving properties in over fifteen states. Between 2009 and 2010, Mr. McCann served on the Valuation Committee of the Real Estate Opportunity Capital Fund (ROC) located in Salt Lake City, Utah.

Some of the clients served in relation to Blaine County properties include:


Bank One Scottsdale, AZ

Henry Dean—Developer

Blaine County

Idaho Mortgage Company

Blaine County Prosecutors Office

Idaho Mutual Trust

Blaine County School District

KGF Development

Calumet Federal Mortgage Company

Magic Valley Bank

City of Ketchum

Miscellaneous Appraisal Companies 1981/2009

City of Sun Valley

Mountain West Bank

D.L. Evans Bank

Portico Development

David Manookian--Developer

Pullman Bank & Trust Chicago, IL

Edward Dumke Investor/Developer

River Bank Spokane, WA

Farmers National Bank

Robert Van Fossen--Developer

First American Title Company

Seattle Savings Bank

First Bank of Idaho

Second Avenue Development

First Financial Bank, Terre Haute, IN

Security Pacific Savings Bank, F.S.B.

First Security Bank

U.S. Bank

Friedman Memorial Airport

Wood River Land Trust

Attorneys:

Douglas AAnestad

John Seiler

Michael Pogue

Edward Lawson

Michael Donovan

Ned Williamson

Thomas Praggastis

Rand Peebles

Lee Ritzau

Benjamin Worst

Michael Kraynick

Robert Mangels

Michael Hatzimichalis, U.S. D.O.J.

 


Educational Background

College (A.B.A. Degree)
Central Real Estate Institute (Certificate in Real Estate Education)
Required education for awarding of SRA, SRPA, and MAI designations
Continuing Education Programs of the American Institute of Real Estate Appraisers and the Society of Real Estate Appraisers
Professional Memberships

Appraisal Institute MAI Certificate No. 4417

Licenses/Certification

Idaho Certified General Appraiser, No. 256
(Formerly) Illinois Certified General Appraiser, No. 553.000488
In addition, the Appraisal Institute conducts a voluntary program of continuing education for its designated members; Mr. McCann has completed the requirements of this program and is currently certified through the year 2013.

Honorary Appointments

Calumet Federal Savings & Loan Association, Director 1990-99
Mayor's Task Force on Neighborhood Land Uses Chicago 1986
Illinois Savings and Loan Advisory Board Chairman 1974-1975
Appraisers Division of Chicago Real Estate Board--Board of Governors 1969-1972
Appraisal Institute Appraisal Review Committee—Candidate Guidance—Special Programs Committee—Educational Programs)
American Right-of-Way Association Land Economics Committee
Proclaimer for HUD (Chief Review Appraiser all Federally Funded Projects in City of Chicago)

 
   
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