Derek R. Pederson, MAI

(612) 331-1688 Ext. 12

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
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
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