ABOUT THE FOUNDER
After studying real estate finance celebrated author and speaker Steve Vertin, MAI, MRICS graduated going directly into the commercial-industrial real estate valuation business. His first job was for one of the oldest company’s in Chicago and thereafter, the first national-international consulting valuation firm in the county. In 1988 he founded Vertin Valuation Services in Dallas and moved its headquarters to downtown Chicago in 1993. Author of the book The Appraisal of Methane Digesters and other Biogas Powered Generating Systems Mr. Vertin spent extensive time researching symbiotic real estate. He is both a Member of the Appraisal Institute and the Royal Institution of Chartered Surveyors. Over the last 30 to 40-years he has become an Illinois State Certified General Real Estate Appraiser, Michigan General Certified Appraiser, and an Indiana General Certified Appraiser. After accumulating over 3,500 (actual) hours of ongoing advanced appraisal, finance, and statistical training through the prestigious Appraisal Institute he is now writing a second book related the interactions within asset valuation. He has served on the Appraisal Institute National General Demonstration Report Grading Committee and was on the Appraisal Institute regional Ethics Committee. He has also served as the Institute’s Past Chairman of the Public Relations Committee.
Most symbiotic properties have three value-adding components they are real estate, machinery, and equipment (commonly called MTS) and business or going concern value (commonly called MVTAB or the market value of the total assets of the business).