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Tellatin, Short, Hansen & Clark, Inc.

Seniors Housing and Healthcare Valuations, Market Studies and Consulting Services

MAP program guidelines:
Members of TS&H have helped HUD in developing guidelines for HUD's MAP program.

TS&H has been approved by the following HUD offices:

East
Atlanta, GA
Birmingham, AL
Boston, MA
Buffalo, NY
Jacksonville, FL
New York, NY
Midwest
Cleveland, OH
Columbus, OH
Des Moines, IA
Detroit, MI
Grand Rapids, MI
Jackson, MS
Kansas City, KS
Knoxville, TN
Louisville, KY
St. Louis, MO
West
Denver, CO
Los Angeles, CA
Portland, OR
San Francisco, CA
Seattle, WA
Spokane, WA

"Since the advent of the HUD MAP program, we have interacted with HUD officials in Washington, D.C. to make important changes in HUD's valuation process. We are also highly regarded by our HUD clients as well as HUD reviewers and underwriters throughout the nation."

- Sterling Short

HUD MAP Market Studies and Appraisals

Tellatin, Short, & Hansen, Inc. are experts regarding 232 and 232/223(f) U.S. Department of Housing and Urban Development (HUD) market study and appraisal techniques. Several significant changes in Chapter 7, "Valuation Analysis," of the current MAP Guide were developed as a result of consultation by HUD headquarters with our firm.

Many review appraisers with the Department of Housing have attended the seven-hour "The Appraisal of Nursing Facilities" seminar, which is offered through the Appraisal Institute. This seminar was developed and presented by James K. Tellatin, MAI, and it continues to be available online.

Our firm has prepared appraisals and market studies under the HUD Map program for at least 14 current HUD-approved lenders in more than 20 states. We have been approved by 22 HUD offices throughout the nation. Upon request, we will gladly provide a sample of a recent HUD appraisal and market study.

Partial List of HUD Clients:

Cambridge Realty Capital
Capital Funding Group
CapitalSource Mortgage Finance
Centennial Mortgage
Charles River Mortgage Company
CWCapital
Gershman Investment
Glaser Financial Group
GMAC Commercial Mortgage
Great Lakes Financial Group
Greystone Servicing
Huntoon Hastings
KeyCorp Real Estate Capital Markets
Lancaster Pollard
Links Mortgage
Love Funding
Metropolitan Funding
New Trier Mortgage
Paragon Mortgage
Prudential Huntoon Paige
Quaker Capital
Red Mortgage Capital
Wachovia Multifamily Capital
Wells Fargo Bank