Archive for July 2010
Do I need to pay royalties to SNL for using that title?
Anyway, I’m headed for D.C. (among other places) this week, speaking at the meetings of the Collateral Risk Network (Hamilton Crowne Plaza, 14th @ K Street) on Wednesday. CRN is principally made up of bank lending regulators, appraisal reviewers, and others in the real estate collateral business. The primary focus of this meeting is on new appraisal regulations coming out of the recent housing finance melt-down. As a secondary issue, I’ve been asked to speak on the Gulf Oil Spill and its impact on lending, property values, and appraisals in that region.
Actually, busy with personal stuff. Three weddings so far this summer, and one more to go! Most significantly — my son and new daughter-in-law got married this month! Big public congratulations to Jonathan and Sarah!
But, back to business — it’s being called the “Unknown Oil Spill“, but a pipeline leak this week in Kalamazoo, MI, has already become the biggest oil leak in the history of the midwestern U.S. An estimated 840,000 gallons have spilled since Monday. The oil slick now stretches some 16 miles near Battle Creek, in a river that eventually flows into the great lakes. We’ll keep you posted, and I’d be very surprised if we’re not eventually involved in this.
In OTHER news, I was honored yesterday to be invited to be the keynote speaker for October’s Brownfields Conference, sponsored by the Northwest Environmental Business Council. The meetings are scheduled for October 7 & 8 in Tacoma, Washington. Afterwards, we’ll post the text of my talk on our web site.
Really three things…
First, we’re sending out a press release aimed to media outlets in the Gulf region (as well as to our clients and friends) announcing a new initiative re: the oil spill damages. Greenfield is “accumulating” a data base of every property in the affected portions of the 5-state region, including two data sets: a GIS/cartography set and a property characteristics set. This will, when completed, be the most thorough data base line for damage assessment available for this region.
Second, I’m addressing appraisers and bankers on Gulf Oil Spill issues in my first-ever “web-in-ar” sponsored by appraisalbuzz.com on July 14. I’ll let you know how this turns out!
Finally, the June issue of our newsletter, The Greenfield Advisor, is available for download as a .pdf. You can access it here.