About the Authors

  • Jeffrey A. Johnson, MAI, is a partner in the Minneapolis/St. Paul office of Integra Realty Resources. Mr. Johnson is a frequent speaker at valuation seminars and has taught many appraisal classes and seminars for the Appraisal Institute, International Right of Way Association, University of St. Thomas, Minnesota Department of Transportation, and the Eminent Domain Committee of the Hennepin County Bar Association. He co-developed the seminar “Appraisal Practices for Litigation” for the Appraisal Institute in 1992. He is a co-recipient of the Appraisal Institute’s 2001 George L. Schmutz Award. He holds a master’s degree in mathematics and is co-author of Practical Applications in Appraisal Valuation Modeling: Statistical Methods for Real Estate Practitioners , Shopping Center Appraisal and Analysis, 2nd edition, and Applications in Litigation Valuation: A Pragmatist’s Guide. In his capacity as a partner with his appraisal firm he has reviewed many appraisals prepared by his firm and also those for which he was contracted as the review appraiser.
  • Tony Lesicka, MAI is a principal and co-founding member of St. Paul, MN-based Insight Realty Advisors, Inc., a commercial real estate valuation and consulting firm. Prior to co-founding Insight, Mr. Lesicka was the Chief Appraiser for Stillwater, MN-based Central Bank. Mr. Lesicka began his appraisal career as a fee appraiser. He has also worked as an in-house valuation expert for a major commercial property developer, and as an underwriter for a lender specializing in multifamily and seniors housing loans. Prior to joining Central Bank, he set up and managed the appraisal review department for another bank in the Twin Cities. Mr. Lesicka has written articles for various industry publications, and is a frequent presenter of appraisal review-related seminars for various trade groups in the Twin Cities area. He also has served as an officer and member of the Board of Directors of his local Appraisal Institute chapter.