Advanced Appraisal International, Inc.

Eric L. Risberg, MAI, ASA, SRA is a real estate appraisal expert with over 25 years of focused valuation expertise. He has worked for over 700 clients during his career and has served as an expert on over 75 legal cases. He has testified in numerous California State Superior Courts and has provided expert witness deposition testimony for many of the cases. He also has been a California Real Estate Broker for over 20 years. He has extensive experience in valuing complex commercial properties and has also appraised many residential and special purpose properties. Eric is licensed as a Certified General Real Estate Appraiser in California, Texas, Hawaii, and Nevada and has appraised property in over 30 states.

Litigation Support Services

Eric L. Risberg, MAI, ASA, SRA has provided expert opinions and analysis to law firms on the following topics:

• Agent/Broker standard of care
• Appraisal of office, retail, industrial, and residential buildings
• Appraiser standard of care
• Before-and-after damages valuations
• Building code compliance
• Construction defect litigation
• Development land
• Duty to mitigate issues
• Fair market rental rate determinations and other lease analyses
• Gas station and convenience store valuations
• Ground lease valuation and analysis
• Hotel valuations
• Insurable values and appraisal applications in insurance matters
• Landlord / tenant disputes
• Market conditions and changes in the real estate market
• Partial interests / fractional interests in real property
• Prospective valuations (future values)
• Rent loss and damages calculations
• Retrospective valuations (historical values)
• Single family home property owner disputes
• The Uniform Standards of Professional Appraisal Practice (USPAP)
• Waterfront properties

Areas of Expertise

• Appraisal
• Arbitration
• Commercial Real Estate
• Construction
• Construction Defects
• Economic Damages

• Economic Losses
• Fire
• Fire Investigation
• Insurance, Property Casualty
• Real Estate
• Real Estate Appraisal

• Real Estate Brokerage
• Real Estate Development
• Real Estate Finance
• Real Estate Fraud
• Real Estate Malpractice
• Valuation

Additional Expertise:

Real Estate Agency, Real Estate Market Conditions.

Profile

Mr. Risberg has appraised property for more than 500 clients, including over 20 Fortune 500 companies. He has appraised property in over 30 states. His appraisals cover a wide range of properties, such as large multi-tenant and single-tenant retail properties, suburban and downtown office buildings, mixed-use facilities, industrial facilities, hotels, waterfront properties, right-of-ways, easements, ground leases, subdivisions, resort properties, golf courses, vineyards, and thousands of acres of land. He has also appraised all types of residential real estate including: single family homes, high-rise and low-rise apartment buildings, entire condominium complexes, tenancies in common, ranches, cooperatives, timeshares and individual condominium units.

He has provided expert witness testimony in trial at the State Superior Courts of Marin, San Francisco, San Mateo and Alameda Counties. He has been deposed on many occasions as an expert witness and has also provided fair market rental and market value determinations involving real property for arbitration, appraisement, mediation, litigation and other purposes requiring advanced and complex property valuation knowledge.

Large appraisal projects include: participation in the valuation of the Xerox Technology Center in Rockford, New York, a facility of nearly 7 million square feet of office, industrial, and research & development space; Crocker Galleria, a shopping mall located in downtown San Francisco with over 40 tenants; 1000 Van Ness Avenue, a 400,000+ square foot structure that includes 14 Movie Theaters and numerous retailers. Other particularly noteworthy projects included participation in the valuation of more than 200 investment-grade properties for a major U.S. Life Insurance Company; more than 50 hotel valuations for Marriott International; a nationwide retail property portfolio for Copley Real Estate Advisors; and the appraisal of high-rise office buildings in Los Angeles, Chicago and San Francisco. In his career he has also valued the land at nearly every large oil refinery in the State of California.

He has appraised properties for the purposes of: purchase, sale, corporate planning, valorem tax, estate planning, financing, donation, arbitration, litigation, mediation and allocation of purchase price. He has provided opinions of market value for sale in the open market and in-use. During the past 20 years as an appraiser he has valued billions of dollars of real estate and related capital assets.

More Information

CV for Eric L. Risberg, MAI, ASA, SRA

Real Estate Appraisal Expert Witness

Representative Client List

Company Resources and Capabilities

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