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Tellatin, Short, Hansen & Clark, Inc.

Seniors Housing and Healthcare Valuations, Market Studies and Consulting Services

Bradford J. Thompson
     Salem, Oregon

1220 20th Street, SE, Suite 310
Salem, Oregon 97302
Phone (503) 485-5118 Ext. 113
Fax (503) 210-0373
Email: thompson@tellatin.com



Employment
Mr. Thompson joined Tellatin, Short & Hansen in July of 2009. Prior to this, Mr. Thompson was employed with Charles P. Thompson & Associates for 17 years.

Experience
Mr. Thompson entered the commercial real estate appraisal industry in 1992. Mr. Thompson performed appraisal assignments for a wide array of properties, including hospitals, nursing facilities, senior housing, medical offices, lodging properties (resorts, hotels and motels), shopping centers, retail buildings, high-value residences, residential subdivisions, service stations, commercial land, apartments, special use properties, various types of agricultural properties, golf courses, banks, mixed-use properties, condominiums, mini-storage facilities, taverns/bars, bed & breakfast properties, office buildings, industrial buildings, restaurants, and properties affected by right of way condemnation. Mr. Thompson is a specialist in Pacific Northwest Coast property valuations. In 2009 Mr. Thompson was part of a team that obtained the first Measure 49 approval in the state of Oregon. Subsequently, three other Measure 49 approvals were approved based on the appraisal analysis prepared by Mr. Thompson. There were more than 7,000 Measure 49 claims issued to the State of Oregon, and less than 10 of these were approved. Measure 49 was a tax measure that allowed land owner’s to develop residential lots on properties that were zoned F-1, F2 (farm forest) and EFU (exclusive farm use) land if it could be proven that at some point in the past, the historical zoning allowed such a use. In Lane County, most property was un-zoned until Goal 4. This land use was enacted in 1974. The model conceived by Mr. Thompson was based on performing a retroactive appraisal one year prior to this date, and one year after. The value difference (loss in value as a result of zoning enactment) was updated thru time by the Treasury bill rate, was offset by the amount of taxes paid compared to the amount that would have been owed assuming residential zoning, and then compared to the value today, assuming the property could be developed into a single family residential subdivision with a maximum of 10 lots (Measure 49 capped the number of lots on a single contiguous land parcel at 10 lots). If the updated damages over time were sufficient, the measure allowed for the development of a maximum of 10 new residential lots. Since joining Tellatin, Short & Hansen, Inc., he has provided professional assistance to persons performing appraisals of hospitals, nursing facilities and complex senior housing properties in Illinois, Michigan, Indiana, Iowa, Idaho, Washington, Utah, Texas, Arizona, California, Alabama, Florida, Nevada, Oklahoma, Hawaii, South Dakota, Oregon, Georgia and Colorado.

State Licensure
Mr. Thompson is a state certified General Appraiser in the state of Oregon. His license number is C000497, and he has held his license since May 26, 1995.

Education
At Oregon State University, Mr. Thompson graduated with a Bachelor of Arts Degree in Economics. Mr. Thompson has successfully completed Basic Valuations, Capitalization Theory & Techniques Part A and Part B, The Appraisers Complete Review, Standards of Professional Practice Part A, The Truth About Construction Costs, Highest & Best Use and Market Analysis, Online Internet Search Strategies for Real Estate Appraisers, Online valuation of Detrimental Conditions, Standards of Professional Practice Part B, Online Using your HP 12C, Feasibility, Market Value, Investment Timing: Option Value, Online Appraisal of Nursing Facilities, Online Small Hotel/Motel valuation, Introduction to GIS Applications for Real Estate, Information Technology & The Appraiser, National USPAP Update Equivalent, Appraiser Liability, Income Capitalization, The Art of Residential Appraisal Review, Technology for Today's Appraiser, Environmental Pollution and Mold, and Appraising Service Stations.