Area of Expertise:

	Office Building
	Retail
	Industrial
	Expropriation

Paul is experienced in the valuation of a wide range of property types including office, retail and industrial properties, as well as hotels, development land, recreational facilities, mining properties and many special use facilities. Currently specializing in investment grade office, retail and industrial properties.

Consulting assignments have included highest and best use studies, feasibility studies and market studies. Extensive use of Geographic Information Systems (GIS) performing comprehensive trade area demographic analysis, gravity modeling and projecting retail capture rates.

Financial modeling using the latest version of Argus for investment properties. Provided financial modeling for valuation purposes on some of the Canada’s largest office assets.

Memberships:

	Appraisal Institute of Canada (AACI) 1996
	Current member of the National Adjudicating Committee of the Appraisal Institute of Canada

Post Secondary Information:

Bachelor Degree, Double major in Business and Economics University of Guelph, Ontario, 1984

Published Articles:

	Valuing a Real Estate Partnership Interest: Liquidity Discount Factor vs. a Quantified Analysis Published in the 1995 spring edition of ACTEC Notes, a quarterly of the American College of Trust and Estate Counsel. Republished in the 1998 spring edition of the Canadian Appraiser, a quarterly of the Appraisal Institute of Canada.
	Real Estate and Bandwidth – Does the Building Have the Backbone? Published in the spring 2000 edition of the Canadian Appraiser.

Professional Experience:

	Metrix Realty Group, Partner May 2002 to Present
	Stewart Valuation Ltd. and Valuation-Net.Com December 1999 - May 2002
	The Altus Group – Toronto (Real Estate Consulting), Senior Consultant February 1999 – December 1999
	Colliers International Realty Advisors Inc. Senior Consultant, January 1996 – January 1999
	Edward F. Heberger & Associates (Connecticut, USA), Senior Consultant June 1993 – December 1995
	Warren Stewart & Associates, Toronto Senior Consultant, April 1984 – May 1993