September Meeting: Minor League Franchise Valuations

The September Chapter Meeting will be held on Wednesday, September 26, 2018 at the Doubletree Guest Suites in Plymouth Meeting, PA. The Board of Directors will meet at 5:30 pm; all ASA members are welcome. The general meeting starts at 6:30. The guest speaker will be Gary Loewenstern, CPA, CVA, a Principal in the Blue Bell, Pennsylvania office of HBK CPAs & Consultants, a multidisciplinary financial services firm. Mr. Loewenstern will discuss “Minor League Franchise Valuations.”

Gary earned a B.S. in Accounting from Drexel University's LeBow College of Business and was a Partner in Resnick, Amsterdam, Leshner, P.C when it merged into HBK in 2016. He has more than 30 years experience advising small business owners, including: minor league sports franchises, television broadcasters, government contractors, investment advisors, providers of information technology, food services and professionals in many fields.

Gary has represented more than 40 minor league baseball franchises since 1986.  His experience with the franchises includes; financial statement preparation, federal, state and local tax services, business valuation, expert witness testimony, budgeting, due diligence services for the buying and selling of the franchises, concession consulting, lease evaluations, internal control evaluations, and more.

Mr. Loewenstern’s presentation is sure to be of value to ASA members in all disciplines. As seating for this talk is limited, please register early for this educational and productive evening which qualifies for 2 hours credit toward ASA reaccreditation.

Dinner is $35 per person for members and guests. To pay online with your major credit card or PayPal go to the ASA Philadelphia Members Page, where you can also take advantage of the reduced cost 5-Meeting Plan this month only. Otherwise please make checks payable to ASA Philadelphia Chapter 35.  Please RSVP by Friday, September 21, to Executive Secretary Anita Luciani by mail to ASA Philadelphia, 1229 Chestnut St #232, Philadelphia, PA 19107-4140 or by email.

Real Property: 4-Hour Continuing Education Class

The Philadelphia Chapter of the American Society of Appraisers will sponsor a four (4) hour class – Collection & Verification of Residential Data in the Sales Comparison Approach – from 9:00 am to 1:00 pm on Thursday, September 27, 2018 at the Hilton Garden Inn, 530 W Pennsylvania Ave, Fort Washington, PA 19034 (215-646-4637). The instructor will be Robert J. Luciani, ASA.

The four-hour Collection & Verification of Residential Data in the Sales Comparison Approach Class is required of all Licensed Pennsylvania and New Jersey Real Property Appraisers before the next license renewal. The class is based on Valuation Advisory #8 from the Appraisal Practices Board of The Appraisal Foundation.

Please register early for this mandatory class which qualifies for four (4) hours of Continuing Education (CE) Credit for Pennsylvania and New Jersey Licensed Appraisers.

Tuition for the course is $75.00, which includes course materials and a Continental Breakfast. Please complete the Registration Form and mail it with your check for $75.00 to ASA Philadelphia Chapter, c/o Blythe Kelly (609-502-4037), 135 Wells Rd, Doylestown, PA 18901. Seating is limited so please reserve ASAP.