(920) 460-9005

Jeffrey G. Pelegrin, MAI, FRICS

Employment:

  • President, Alliance Appraisal Group, Ltd, Appleton WI (2014-present)
  • Vice President, Duesterbeck & Associates, Appleton WI (2011-2014)
  • Managing Director, Stout Risius Ross, Chicago IL (2008-2011)
  • Managing Director, Integra Realty Resources, Chicago IL (2000-2008)
  • Vice President, Citibank, Chicago IL (1990-2000)
  • Senior Appraiser, American Appraisal Associates, Milwaukee WI & Chicago IL (1984-1990)

Experience:

  • Commercial/industrial and high-end residential real estate appraiser and consultant since 1984
  • Worked within three national appraisal firms as an appraiser/manager/reviewer/consultant and Managing Director, and has 10 years experience as Vice President with an international bank
  • Possesses significant expertise and experience in analysis, valuation, consulting, and court testimony with all property types, including office, retail, industrial, multi-family, single-family, hotels, land, land developments, and special use properties not limited to bank branches, convenience stores, campgrounds, self-storage, quarries, funeral homes, elderly housing, marinas, and golf courses
  • Major commercial assignments include large scale urban office and apartment buildings, shopping centers, regional malls, multi property portfolios including up to 1,500 locations
  • Single-family experience includes the valuation of over 500 residences up to a value of $20 million, including many waterfront properties. Recent examples include a Frank Lloyd Wright designed, Lake Michigan residence, and a 10,000 square foot executive estate home
  • Litigation consultant and expert witness on many occasions in various courts throughout the Midwest
  • Prepared numerous publications and public appearances regarding many facets of the commercial real estate valuation industry
  • Managed, mentored, and trained over 50 professionals

Jeffrey G. Pelegrin, MAI, FRICS

President

Address:
4321 West College Avenue
Suite 200
Appleton, WI 54914

Office:
(920) 460-9005 ext. 3

Fax:
(920) 460-9006

Mobile:
(920) 883-0899

Email:
[email protected]

Affiliations/Education/Professional Designations:

  • MAI professional designation, Certificate 10079, awarded 1993 by the Appraisal Institute
  • FRICS professional designation, Register 1273112, awarded 2008 by the Royal Institution of Chartered Surveyors
  • Wisconsin Certified General Appraiser #195-10 (All property types at any value)
  • Illinois Certified General Appraiser #553.000397 (All property types at any value)
  • Michigan Certified General Appraiser #1201002141 (All property types at any value)
  • Alternate Regional Representative (2010-2011) – Chicago Chapter of the Appraisal Institute
  • University of Wisconsin – Madison, Bachelor’s Degree in Real Estate and Urban Planning
  • University of Wisconsin – Madison, Master of Science Degree in Real Estate Appraisal and Financial Analysis
  • Over 800 hours of professional and continuing education beginning in 1986

Representative Client List

  • Allstate Insurance Altus
  • Altus
  • Ameren Services
  • American National Bank
  • AMLI
  • AnchorBank
  • Associated Banc-Corp
  • Babson Capital
  • Bank Mutual
  • Bank of America
  • Bank of the West
  • Baraboo National Bank
  • BMO Harris
  • BMO M&I
  • Capitol Bank
  • Capmark
  • Capri Capital
  • CIBC
  • Citibank
  • Cole Taylor Bank
  • Community First Credit Union
  • Cornerstone Realty
  • CW Capital
  • Denmark State Bank
  • Draper & Kramer
  • Duff & Phelps
  • First Business Bank
  • First Industrial
  • First National Bank
  • Goldman Sachs
  • Guardian Life
  • Heitman
  • Hines
  • Horicon Bank
  • Horizon Bank
  • Investors Community Bank
  • Johnson Bank
  • Johnson Controls
  • JPMorgan Chase
  • Keybank
  • KPMG
  • LaSalle Bank
  • Law/Accounting Firms
  • MB Financial
  • Menards
  • MetLife
  • Miles Kimball
  • Morgan Stanley
  • Mountain Funding
  • Nicolet Bank
  • North Shore Bank
  • Northern Trust
  • Old Second National Bank
  • Park Bank
  • Petsmart
  • PNC Bank
  • Principal
  • Private Bank
  • Prudential
  • State Bank of the Lakes
  • State of Wisconsin
  • State Teachers Ohio
  • TIAA-CREF
  • TCF Bank
  • ULLICO
  • US Bank
  • Wachovia Bank
  • Washington Mutual
  • Waterstone Bank
  • Wells Fargo
  • Wintrust
  • WP Carey

Significant Assignments:

Hundreds of Wisconsin based properties of all types and sizes
Portfolio of 1,500 grocery and drug stores throughout the United States
Portfolio of 600 branch bank facilities throughout the United States
Portfolio of 300 gas station/convenience stores throughout the Midwest and Northeast
Numerous Milwaukee and Chicago CBD high-rise office buildings
Portfolio of six regional malls throughout the Northeast
Portfolio of 50 apartment properties throughout Michigan
Over 500 single family residences up to a value of $20 million

Speeches and Seminars:

“The Art and Science of Appraisal Review,” presented at People’s Bank, Wausau, Wisconsin, 2015
“The State of the Northeast Wisconsin Real Estate Market,” presented at the Wisconsin Chapter of the Appraisal Institute Year End Symposium, Milwaukee, Wisconsin, 2012
“Appraisals – A Moving Target?” presented at InDevelopment Conference, Appleton, Wisconsin, 2012
“The Art and Science of Appraisal Review,” presented to Capri Capital, Chicago, Illinois, 2008
“The State of the Multi-Family Market,” presented at the Real Estate Trends and Investment Criteria Conference, Kansas City, Missouri, 2006, 2007, and 2008
“The State of the National Real Estate Market,” panel discussion in New York, New York, 2006
“The State of the Industrial Market,” presented at the Real Estate Trends and Investment Criteria Conference, Kansas City, Missouri, 2005

Testimony Experience:

  • Palisades Properties, Inc. v. Town of Menasha, Circuit Court of Winnebago County, Wisconsin, Court Testimony, 2017 (Residential Condo Development)
  • Barnett et al, v. McGinnis et al, Circuit Court of Milwaukee County, Wisconsin, Court Testimony, 2015 (Office)
  • Brown County Sheriff v. SMET Investments, LLC et al, Circuit Court of Brown County, Wisconsin, Court Testimony, 2014 (Land and Medical Office)
  • Rosie’s Sunseekers v. City of Oshkosh, Wisconsin Assessment Board of Review, BOR Testimony, 2014 (Retail)
  • ValStone Asset Management, LLC, debtor, United States Bankruptcy Court Eastern District of Wisconsin, Court Testimony, 2014 (Retail)
  • Barnett et al, v. McGinnis et al, Circuit Court of Outagamie County, Wisconsin, Deposition Testimony, 2013 (Office)
  • Menard, Inc. v. Village of Mount Pleasant, Wisconsin, Assessment Board of Review, BOR Testimony, 2013 (Retail)
  • Grand Haven Investments, LLC v. Village of Springlake, State of Michigan Tax Tribunal, Tribunal Testimony, 2012 (Hotel)
  • Kim v. Park, Circuit Court of Cook County, Illinois, Deposition Testimony, 2012 (Retail)
  • Jupiter-Ohio, Inc., v. Transglease Limited Partnership, et al, Court of Common Pleas, Franklin County, Ohio, Deposition Testimony, 2011 (Retail)
  • Janet Magis v. Winfried Bappert, Circuit Court of Cook County, Illinois, Court Testimony, 2011 (Industrial)
  • Younglove Construction, LLC v. PSD Development, LLC, et al, United States District Court for the Northern District of Ohio Western Division, Deposition Testimony 2011 (Industrial)
  • Immanuel LLC, debtor, United States Bankruptcy Court Western District of Michigan, Court Testimony, 2011 (Land Development)
  • Immanuel LLC, debtor, United States Bankruptcy Court Western District of Michigan, Deposition Testimony, 2011 (Land Development)
  • Confidential Arbitration Proceeding, Rock County, Illinois, Arbitration Testimony, 2011 (Office)
  • Confidential Arbitration Proceeding, Rock County, Illinois, Deposition Testimony, 2011 (Office)
  • Diana Barr-Crecos v. Gregory Crecos, Circuit Court of Cook County, Illinois, Court Testimony, 2009 (Office & Residential)
  • Lowe’s Companies and Gendell Realty Partners v. Village of Gurnee Plan Commission, Gurnee, Illinois, Plan Commission Testimony, 2006 (Retail)
  • Sprint Corporation v. Warren County Zoning Board, Warrenton, Missouri, Zoning Board Testimony, 2004 (Cell Tower)

Publications:

“The Practical Use of Conservation Easements in Estate Planning,” The SRR Journal, Spring 2011
“Real Estate Investing in a Down Market: Distressed Owner v. Distressed Asset,” The SRR Journal, Spring 2011
“Impact of Recent Market Trends on Section 1111(b)(2) Elections Involving Real Property,” The SRR Journal, Fall
2010
“Alternative Techniques in Valuing Real Estate Portfolios,” The SRR Journal, Fall 2010
“Real Estate Cap Rate Activity During Recessionary Periods,” The SRR Journal, Spring 2010