Real Estate Manager
Resume:
Martin A. Skolnik, MAI
Baltimore Office
Baltimore, Maryland 21208
443-***-**** (cell) 410-***-**** (office)
Email: ********@**********-**********.***
Summary of Professional Experience (Detail is on the following page)
Real estate valuation, asset management, business consulting, business management and
administration, and part-time undergraduate and graduate level teaching.
Complex property valuation, market analysis and research, courtroom testimony, public speaking.
Major property types valued or managed include retail, office, commercial, industrial, hotel/motel,
office, residential subdivision, fast food, low income, and nursing/healthcare facilities.
Public testimony on property tax policy issues to the District of Columbia City Council.
Presentations on property tax matters to neighborhood/public groups. Press/media briefings and
interviews.
Qualified as an expert witness in U.S. Bankruptcy Court, Pennsylvania Court of Common Pleas,
Maryland Tax Court and various Boards of Assessment Appeals in Pennsylvania, Maryland,
Virginia and Washington, D.C.
Client list included Fortune 500 and local corporations; national, regional and local financial
institutions and asset managers; governmental entities; as well as real estate developers and
individual property owners.
Instructor in The Johns Hopkins University s Master of Science Program in Real Estate
Development. Former adjunct instructor for Anne Arundel Community College, Maryland.
Seminar presenter/speaker at professional appraisal/assessment associations.
Contributing author to the following real estate/business publications: The Appraisal Journal, The
Assessment Journal, The Central Penn Business Journal, The Corridor Real Estate Journal, &
The Baltimore Business Journal. Topics include:
- Application of discounted cash flow analysis to commercial property valuation
- Specialty valuation issues regarding residential subdivision analysis
- Vacancy issues in multi-family housing
- Property taxation and valuation issues in low-income housing property tax credit
properties
Education
Currently enrolled in Doctorate program in Public Policy (Urban Policy track) at
University of Maryland, Baltimore County (UMBC); part-time evenings. ABD
anticipated May 2008.
Master of Business Administration (MBA) -- University of Baltimore, 1986
24 graduate credits in Urban Planning (M.S.) The Johns Hopkins University
Evening College, 1978-1980 (degree not completed due to financial issues)
Bachelor of Arts in Geography (Urban) -- University of Maryland, Baltimore County
(UMBC), 1978
Professional Designations and Associations
Recipient of the prestigious MAI appraisal designation (Member, Appraisal Institute),
1991
Recipient of the SRPA designation (Society of Real Estate Appraisers), 1990
inactive
Licensed and Certified (General Certification) to appraise real estate in Maryland;
Inactive status in Pennsylvania, Delaware, Virginia, and Washington, DC.
Detail of Full-Time Work Experience
6/2005 11/2007 Director, Real Property Tax Administration / Senior Advisor for Real Property
Government of the District of Columbia; Washington, DC
12/1997 6/2005 President/Principal Consultant
Skolnik Real Estate Consulting Services, Inc.
6/1995 - 12/1997 -Senior Vice President / Senior Appraiser
Weinstein Realty Advisors; York, Pennsylvania
12/1993 - 6/1995 - Manager, Property Tax
KPMG Peat Marwick; Baltimore, Maryland
4/1991 - 11/1993 - Vice President, Commercial Division
Campanella & Company- Baltimore, Maryland
7/1989 - 4/1991 - Assistant Real Estate Officer
The Johns Hopkins University; Baltimore, Maryland
11/1988 - 4/1991 - Real Estate Appraiser
Independent Contractor; Baltimore, Maryland
8/1987 - 11/1988 - Financial Analyst
McCormick Properties; Hunt Valley, Maryland
4/1986 - 8/1987 - Senior Staff Appraiser
Legg Mason Appraisal Group; Baltimore, Maryland
8/1983 - 4/1986 - Senior Real Estate Analyst
Manor Care, Inc./Quality Inns, Inc.; Silver Spring, Maryland (Now located in Gaithersburg)
1/1979 - 8/1983 - Real Estate Assessor
Maryland Department of Assessments; Montgomery and Howard Counties, MD
Qualifications of Martin A. Skolnik, MAI (rev. 12-2007) Page 2
Published Articles (Peer Reviewed and General Business Publications)
Valuation of Subsidized Housing as Applied to Assessment Criteria
The Valuation of Subsidized Housing (A chapter in a reference book)
International Association of Assessing Officers, 2004, pp. 229-236.
Big Box Retail Trends: Pitfalls of Valuation
1998 Conference Proceedings, International Association of Assessing Officers (IAAO)
September 15, 1998
"Now that Tax Season is Over, It is Tax Time Again"
Central Penn Business Journal, May 1998
"Better Measurement of Apartment Vacancy and Collection Loss"'
The Appraisal Journal, January 1998
"Valuation of Subsidized Housing"
1997 Conference Proceedings, International Association of Assessing Officers, (IAAO)
September 16, 1997
"Taking the Mystery out of Discounted Cash Flow Analysis", and "Valuation of Leased Fee Interests"
Proceedings of IAAO's 60th Annual Conference; October 1994
The Assessment Journal, February 1995
"Supply and Demand Considerations in Residential Subdivision Analysis"
The Appraisal Journal, January 1994
"Comments on Discounted Cash Flow Analysis"
The Appraisal Journal - July 1993
"More Thoughts on Assessment Reduction and Data Availability"
Corridor Real Estate Journal - October 11, 1991
"The (Un)-Availability of Assessment Records"
Corridor Real Estate Journal - September 13, 1991
"Property Owners May Find Relief By Seeking Appeals Out of Cycle"
Corridor Real Estate Journal - August 9, 1991
"The Maryland State Property Owner's Guide to Tax Assessments"
Corridor Real Estate Journal, July 12, 1991
"Property Tax Assessments: What You Can Do About It"
Baltimore Business Journal; January 1989
Working Papers
Entrepreneurial Profit And Rates Of Return In Subdivision Analysis
Considerations in the Valuation of Owner-Occupied Property
Replacement Cost vs. Reproduction Cost: Why do appraisers get these concepts confused?
Discounted Cash Flow Analysis with Lease-Up Has the Appraisal Community Erroneously Been Calling
This Market Value?
Dissertation to be an analysis of property tax caps in terms of tax assessment inequity (anticipated completion
by December 2008)
Qualifications of Martin A. Skolnik, MAI (rev. 12-2007) Page 3
Teaching, Education, Presentations and Seminars Given
The Johns Hopkins University - School of Continuing Studies
Adjunct Faculty Member in the Master of Science in Real Estate program
(1990-1994, and Fall 2006)
Instructor Real Estate Analysis
Real Estate Applications of Lotus 1-2-3 and the HP-12c
Calculator
Advanced Applications in Real Estate Analysis (3 credit course)
Anne Arundel Community College Adjunct Faculty (Spring 2003 to Spring
2006)
Lecturer Introduction to Real Estate Appraising (3 credit course)
The Cost Approach and Income Approach in Real Estate Appraisal (1 credit
course)
Applications in Real Estate Appraisal (1 credit course)
International Association of Assessing Officers (IAAO)
Speaker - Big Box Retail Trends: Pitfalls of Valuation
1998 Annual Conference; Orlando, Florida (September 1998)
Speaker - Valuation of Subsidized Housing as Applied to Assessment
Criteria
1997 Annual Conference; Toronto, Ontario (September 1997)
Speaker - Taking the Mystery Out of Discounted Cash Flow Analysis, and
Speaker - Valuation of Leased Fee Interests
60th Annual Conference; Seattle, Washington (October 1994)
Northeast Regional Association of Assessing Officers (NRAAO)
Speaker - Taking the Mystery Out of Discounted Cash Flow Analysis,
Baltimore Conference (May 1996)
KPMG Peat Marwick
Speaker/Organizer - Environmental Issues in Property Tax Assessment
(January 1994); Baltimore, MD
Chesapeake Planned Giving Council
Speaker/Organizer - Real Estate Considerations in Charitable Planned Giving (Sept.
1991); Baltimore, MD
Qualifications of Martin A. Skolnik, MAI (rev. 12-2007) Page 4
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