Derek R. Pederson, MAI

(612) 331-1688 Ext. 12
dpederson@hoschappraisal.com

Biographical Data and Education

Raised in Fergus Falls, Minnesota. Graduated from Fergus Falls Senior High School. Bachelor of Science degree, University of St. Thomas, St. Paul, Minnesota, in Real Estate Studies.

Successfully completed numerous real estate courses, some of which are highlighted below:

Real Estate Principles Real Estate Development Urban and Regional Economics Real Estate Property Management Real Estate Finance & Investment Real Estate Law Real Estate Appraisal Standards of Professional Practice Report Writing and Valuation Analysis Advanced Sales Comparison and Cost Approaches Case Studies in Commercial Highest and Best Use General Market Analysis and Highest and Best Use Uniform Appraisal Standards for Federal Land Acquisitions

University of St. Thomas University of St. Thomas University of St. Thomas University of St. Thomas University of St. Thomas University of St. Thomas University of St. Thomas Appraisal Institute Appraisal Institute Appraisal Institute Appraisal Institute Appraisal Institute Appraisal Institute

Guest speaker and co-author of the following courses and article:

Guest speaker – Business Valuation Seminar – University of St. Thomas, 02, 03, 04
Co-author – Mediating a Tax Appeal – Valuation Viewpoint, Summer 2003

Professional Qualifications or Associations

Certified General Real Property Appraiser
Licensed Appraiser – State of Minnesota, License #20322668, Expires August 31, 2025

Member – Appraisal Institute (MAI) Holding MAI Designation
The MAI membership designation is held by appraisers who are experienced in the valuation and evaluation of commercial, industrial, residential and other types of properties, and who advise clients on real estate investment decisions. MAI members are the preferred choice among lawyers to serve as expert witnesses in trials, hearings, and other litigation matters.
The Appraisal Institute conducts a mandatory program of continuing education for its designated members and also requires that they comply with the requirements of the Code of Professional Ethics & Standards of Professional Appraisal Practice of the Appraisal Institute. MAI’s and RM’s who meet the minimum standards of this program are awarded periodic educational certification. I am currently certified under the Appraisal Institute education program through December 31, 2027.

Professional Experience

Hosch Appraisal & Consulting, Inc., Minneapolis, Minnesota
Senior Real Estate Appraiser March 2005 – present

Duties and Responsibilities:
Prepare professional valuations and market analysis of real estate, business enterprises, and intangible property rights. Real estate appraisal and consulting assignments have involved numerous types of commercial, multiple family, industrial, and special purpose properties. These assignments have included mortgage financing, condemnation, tax abatement proceedings, investment counseling, potential sales and purchases, lease and rental analyses, charitable donations, internal management decisions, allocation of purchase price, and insurance indemnification. Business Valuation and business consulting assignments have involved various tangible and intangible asset interests as well as full and partial business interests, with business valuation and consulting work conducted for the purposes of allocation of purchase price, government takings, marriage dissolution, lost profit analysis, estate planning, estate tax, potential sale and purchase, shareholder disputes, and internal decision making.

Shenehon Company, Minneapolis, Minnesota
Real Estate Appraiser August 2000 – March 2005

Partial Client List

Accent Homes Allina Hospitals & Clinics Ames Construction Anchor Bank BPK&Z Babcock Neilson Mannella & Klint Boundary Waters Bank Bremer Bank Builders Development & Finance Capmark Finance, Inc. City of New Hope City of Shoreview Garith Anderson Trucking Gregerson, Rosow, Johnson & Nilan, Ltd. Hajek & Beauclaire, LLC Henson & Efron James M. Neilson, Attorney at Law LeVander, Gillen & Miller, P.A. Lindquist & Vennum Messerli & Kramer P.A. Metropolitan Airports Commission (MAC)

Moss & Barnett Minnesota Department of Transportation (Mn/DOT) Minnesota Department of Natural Resources (Mn/DNR) Minnwest Bank MPCA North Haven Church Osceola Medical Center Oppenheimer Donnelly & Wolff LLP Pheasants Forever Pipestone County Rosemount National Bank Sovereign Bank Speedway SuperAmerica Stearns Bank State Bank of Hamel The Business Bank URS Corporation U.S. Bank Vic’s Crane & Heavy Haul Wells Fargo/RETECHS Wiley Enterprises