William T. Whiting, Jr. is this office's technical guru. A good
appraisal requires good data. Tom is expert at unearthing important
data, often through the Internet, for a subject property or a
comparable sale. Tom specializes in the valuation of apartments and
industrials. Tom operates the Baseline Map and Model for industrial
property valuation, adding more than a hundred comparable industrial
sales to the model each year and "crunching" them in an equation that
applies multiple regression analysis. The result is an ability to gain
a quick "read" on the value of an industrial property anywhere in
Greater Boston. Tom lives in Lowell with his wife and two children. He
is an accomplished artist, working with paint on canvas and with
ceramics.
Jeffrey S. Garner
Jeffrey S. Garner brings an architect's design sense to appraisal.
Jeff's ability to break down the function of a site and building is
important to his analysis of real estate. Jeff's work load includes
numerous valuations in the retail and apartment sectors. Jeff
specializes in the valuation of gas stations and churches. His work
with developers and operators of SROs, or rooming houses, has given him
a background in the regulatory and financing environment in which these
properties operate. His analysis of the "state of the art" of SRO
design is seen in "SROs" in the Spring, 2004 issue of this newsletter.
Jeff lives in Brookline with his wife and their daughter. Jeff is an
ardent Red Sox fan and can jump on the T to be at the park whenever the
Sox need him.
Eric T. Reenstierna, MAI
Eric T. Reenstierna, MAI is the voice of experience at this office. He
learned appraisal from his father and his brother, Donald, and has more
than 30 years' background in the field. Eric has taught appraisal, has
served on local and national committees of the Appraisal Institute, and
has written articles for The Appraisal Journal.
He won the Institute's Armstrong Award for Best Article for "Risk
Assessment." His comments on the re-use of churches have appeared
recently in news stories nationwide. Eric handles a broad range of
commercial valuation assignments. He specializes in the appraisal of
schools and non-profit facilities as well as valuation in unusual and
unique situations. Eric has two grown children and lives with his wife
in Newton. He likes to write articles and short stories, as well as
appraisals. He is a dedicated conservationist and helped this year to
save Newton's last working farm.
Eric Reenstierna Associates LLC is a real estate appraisal firm taking on valuation and consultation assignments in Greater Boston, Massachusetts and New England. Eric Reenstierna, MAI, is the office's principal and is a commercial real estate appraiser.
24 Thorndike Street
Cambridge, Massachusetts 02141
(617) 577-0096
ericreen@tiac.net