OVERVIEW OF QUALIFICATIONS | Bradford Taylor Knipe

General Background

Brought up in a family of real estate professionals, Bradford Taylor Knipe is the son of a Boise-based, regional farm and ranch broker, William Knipe, Jr., Ph.D., ALC, and is the oldest son of Diane Shaw Knipe, MFA, MA, CRS, a commercial broker, property manager and leasing agent. One of his brothers is a real estate attorney; another took over his father’s farm and ranch brokerage (Knipe Land Co.); a third is recently-retired time share specialist who managed resort hotels across Mexico; and his oldest brother, William B. Knipe, III (Trey), MAI, was Brad’s business partner until his passing in 2013.

Brad and Trey established their commercial real estate appraisal and consulting practice in 1993, and in 2000 merged with Janoush & Associates to form the state’s largest commercial real estate appraisal and consulting firm, Knipe Janoush Knipe, LLC.

Business Accomplishments

Bradford Knipe has been actively involved in appraisal, appraisal review and consulting on a variety of commercial, residential, industrial, special-purpose, recreation, and resource properties since 1989.

He serves real estate clients from around the country. The bulk of his career has been focused on the appraisal and evaluation of complex owner-occupied, income-producing, and going-concern properties. Over the years, the focus of Brad’s practice gravitated increasingly to rural rec work for land trusts and state and federal agencies, estate tax and trust support, and eminent domain engagements for various right-of-way projects.

Clients include lending institutions (mortgage financing and disposition of special credit properties), local, state, and federal government entities, law firms, accountants, Fortune 500 companies, local, regional, and institutional investors, and landowners.

Consulting services include identification of the most favorable investment options among properties named in 1031 exchange proceedings, feasibility and market studies, due diligence assistance, etc.

Knipe has on several occasions authored articles for local trade publications including the Building Owners and Managers Association of Treasure Valley. He has edited/published a newsletter on Ada and Canyon County residential trends (1994-1998) and commercial trends (1998-2002) and is often quoted in the local press as an authority on office, retail, industrial and land market dynamics.

Bradford Knipe attained the Appraisal Institute’s highest professional designation (MAI) within 4 years of becoming a candidate with that organization, and the Commercial Investment Real Estate Institute’s CCIM designation within the year following. Knipe was invited to join the National Association of Realtor’s consulting division, The Counselors of Real Estate. Brad successfully challenged the American Society of Farm Managers & Rural Appraisers’ 2-day comprehensive examination, to earn the Accredited Rural Appraiser (ARA) designation. In 2007, Bradford was accepted as a Fellow, Royal Institution of Chartered Surveyors (FRICS).

Multidisciplinary Education

Brad Knipe is a graduate of the University of Idaho (two Bachelor of Science degrees, 1985 and 1986), receiving high marks in an interdisciplinary curriculum, emphasizing the study of human behavior on both individual (Psychology) and collective (Political Science) levels.

His real estate education includes brokerage classes as well as all the Appraisal Institute’s required courses for the MAI designation, all the Commercial Investment Real Estate Institute’s required courses for the CCIM designation, real estate sales licensing education, and various continuing education seminars.

Knipe has been placed in accelerated, honors and independent studies programs since junior high school, and was able to successfully challenge many of his appraisal and finance courses, including several offered by the Appraisal Institute (AI), American Society of Farm Managers and Rural Appraisers (ASFMRA), and the Commercial Investment Real Estate Institute (CIREI).

Areas of Appraisal Specialization

Bradford Knipe has extensive experience in the appraisal of retail, office, industrial, multifamily, subdivision, agricultural, recreational and special-purpose properties. Preferred property types and areas of specialization include:

  • Land Valuation

o   Agricultural Ground
o   Conservation Easement
o   Development Ground
o   Government Acquisition & Disposition
o   Land Exchange
o   Timberland
o   Transitional Ground

  • Recreational Properties

o   Rec Lot
o   Rec Ranch
o   Government Leased Lot
o   Inholding

  • Eminent Domain Appraisal

o   Right-of-Way Acquisition
o   Right-of-Way Vacation
o   Easement Valuation

  • Net-Leased Properties

o   Medical / Dental Office
o   Ambulatory Surgery Center
o   Emergency Department
o   Industrial (Warehouse, Shop, Manufacturing, Flex-space, Cross-dock, Incubator, etc.)
o   Self-storage
o   Retail (freestanding single-tenant, neighborhood center, community center, regional shopping center, mid-box, big-box)
o   Restaurant, Fast-food
o   Restaurant, Sit-down

  •  Special-Purpose / Going Concern

o   Carwash
o   Convenience Store
o   Governmental Field Office
o   Lodging

  •  Valuation Types & Standards

o   Uniform Standards of Professional Appraisal Practice (USPAP)
o   Uniform Appraisal Standards for Federal Land Acquisitions (UASFLA)
o   Internal Revenue Service / U.S. Treasury Specifications
o   Market Value
o   Investment Value
o   Disposition Value
o   Liquidation Value
o   Sound Value
o   Litigation Support (Non-Testimony)

  • Special Engagements

o   Excel Modeling
o   Trend Analysis
o   Litigation Support (Non-testimony)
o   Large Project Management
> eminent domain / right-of-way projects
> leased lots & cabin sites
> general land & timberland exchanges
> bulk or mass appraisal assignments

Other Services Offered

  • Brokerage

o   Buyer representation
o   Site acquisition

  • Leasing / Tenant representation

  • Negotiations & Dispute Resolutions

  • Consulting for Decision Analysis

o   Feasibility
o   Investment Value
o   Risk Analysis

  • Administrative & Technical Appraisal Review

o   Lending Decisions
o   Eminent Domain
o   Litigation Support
o   Program and Policy Compliance

OVERVIEW OF QUALIFICATIONS | Bradford Taylor Knipe (cont.)

Professional Designations Attained

MAI | Appraisal Institute

The MAI membership designation is held by appraisers who are experienced in the valuation and evaluation of commercial, industrial, residential, and other types of properties, and who advise clients on real estate investment decisions. Current designees must achieve a passing grade on 11 examinations that reflect 380 hours of classroom instruction; receive a passing grade on a four-module, two-day comprehensive examination; hold an undergraduate degree from a four-year accredited educational institution; demonstrate 6,000 hours of experience, including 3,000 hours of specialized appraisal experience; and submit a demonstration appraisal report on income-producing property that conveys the ability to provide a properly supported estimate of value. Status: Active.

CCIM | Commercial Investment Real Estate Institute                

A Certified Commercial Investment Member (CCIM) is a recognized expert in the disciplines of commercial and investment real estate. A CCIM is an invaluable resource to the commercial real estate owner, investor, and user, and is among an elite corps of 7,500 professionals across North America who hold the CCIM designation – the Ph.D. of commercial real estate. Recognized for its preeminence within the industry, the CCIM curriculum represents the core knowledge expected of commercial investment practitioners. The CCIM curriculum consists of four core courses that incorporate the essential CCIM skill sets: financial analysis, market analysis, user decision analysis, and investment analysis for commercial investment real estate. Status: Active.

CRE | The Counselors of Real Estate                     

Members are awarded the CRE Designation, bestowed by invitation only, in recognition of their achievements in real estate counseling. To be considered for membership, applicants demonstrate that they provide valuable and meaningful real estate counseling services to their clients or employer; that they hold a senior position in a firm; that they are recognized for their excellence, knowledge, integrity, and judgment; that they have at least ten years of experience in real estate, three of which are in counseling. Established in 1953, the organization serves 1,100 members worldwide. Its on-going aspiration is to be the real property organization the best in the industry compete to join. Status: Active.

ARA | American Society of Farm Managers & Rural Appraisers                    

Accredited Rural Appraisers are trained to render an accurate opinion of value, whether it be the family farm or a major national agribusiness property. Rural appraisers educated through the ASFMRA are prepared to provide a sophisticated analysis of the land; explore soil type, water quality and availability; crop potential and other key ingredients to establish value for that particular piece of land; and have a network of colleagues around the country qualified to provide expert appraisal opinions on everything from agricultural land to grain elevators and farm supply dealerships. Their areas of expertise might be natural resources, condemnation, partial interests, business and/or personal property valuations, and/or complex properties such as permanent plantings, processing facilities, transitional or recreational properties, etc. The comprehensive appraisals prepared by an ARA for clients such as lending institutions, governmental agencies, attorneys, CPAs, and private individuals or businesses is an assurance of a superior evaluation for agricultural enterprises and rural properties. Status: Active.

FRICS | Fellow, Royal Institution of Chartered Surveyors                  

The Royal Institution of Chartered Surveyors (RICS) is a global professional body for those working in the Built Environment, Construction, Land, Property and Real Estate. The RICS was founded in London in 1868. It works at a cross-governmental level and aims to promote and enforce the highest international standards in the valuation, management and development of land, real estate, construction, and infrastructure. FRICS is the highest accolade awarded and demonstrates the professional achievements of an individual. It is an honored class of membership awarded and an international measure of excellence. Only those who hold the MRICS designation are eligible to apply for FRICS and they must meet the required number of professional characteristics. Status: Retired.

PROFESSIONAL EXPERIENCE | Bradford Taylor Knipe

Current Real Estate Affiliations

Integra Realty Resources – Boise (IRR-Boise)
Executive Director
Commercial & Agricultural Real Estate Advisory Services
Boise, Idaho
02/2006 to Present

Appraisal and counseling for complex commercial, industrial, agricultural, recreational, resource and special-purpose properties; right-of-way; litigation support; feasibility analyses; market studies; appraisal review; negotiations.

·         Independently-owned franchise of a national valuation platform with the most comprehensive commercial database in the industry.
·         Executive director has been actively engaged in real estate valuation, consulting, and related advisory services since 1989.
·         Complementary experience in real estate brokerage, site selection, leasing, development, and investment.
·         Skilled at managing large and complicated valuation projects and solving complex real estate problems of all kinds.
·         Registered dba of Knipe Janoush Knipe, LLC.

Knipe Janoush Knipe, LLC (KJK)
Founding Member
Commercial & Agricultural Real Estate Advisory Services
Boise, Idaho
03/2000 to Present

Appraisal and counseling for complex commercial, industrial, agricultural, recreational, resource and special-purpose properties; right-of-way; litigation support; feasibility analyses; market studies; appraisal review; negotiations.

Knipe & Knipe, Inc.
President & Designated Broker
Boise, Idaho
10/1993 to Present

Commercial Valuation & Consulting – 1993 to 2000.
Commercial Brokerage – 2000 to Present.

Knipe Corp.
President
Boise, Idaho
2007 to Present

Holding company for interests in IRR-Boise, KJK & K&K.

Bradford Knipe Advisory
Principal

A registered dba for Knipe Corp.

 

Prior Real Estate Affiliations

Real Estate Consulting Group, Inc.
Appraisal Group, Inc.

Senior Commercial Appraiser & Consultant
Boise, Idaho
02/1990 to 09/1993

Computer and desktop publishing specialist responsible for overseeing the firm’s transition to personal computing.
Concurrently transitioned from apprentice to senior analyst in the valuation of commercial, industrial, agricultural, and special-purpose properties.

Property Counselors Northwest
Appraisal Apprentice & Desktop Publishing Specialist
Boise, Idaho
11/1989 to 2/1990

Computer and desktop publishing specialist responsible for overseeing the firm’s transition to personal computing.
PCNW subsequently merged with RECG, Inc.

Other Experience

  • Nautilus Northwest, Seattle, WA | Personal Fitness Trainer

  • Aldus Corporation (now Adobe), Seattle, WA | Desktop Publishing & Graphics, Inside Sales

  • MDR Process, Seattle, WA | Legal Process Server & Legal Courier

  • Boise Racquet & Swim Club, Boise, ID | Assistant Manager, Maintenance Dept.

  • Knipe Land & Livestock, Nampa, ID | Ranch Manager

CREDENTIALS | Bradford Taylor Knipe

University Education

Boise State University, Boise, Idaho
Pre-Professional Studies (Pre-Med)
1991-1992
GPA in major 3.9

University of Idaho, Moscow, Idaho
Political Science
Bachelor of Science 1986
GPA in major 4.0

Psychology
Bachelor of Science 1985
GPA in major 3.9

Minors & Areas of Emphasis
Business
Financial Accounting, Managerial Accounting, Microeconomics, Macroeconomics, Legal Environment of Business, Business Math, BASIC Programming.

Biochemistry
Concepts of Biology, Biology Lab, Heredity & Man, Inorganic Chemistry I, Inorganic Chemistry I Lab, Inorganic Chemistry II, Inorganic Chemistry II Lab, Organic Chemistry, Organic Chemistry Lab, Biochemistry, Biochemistry Lab, Cell Biology, Cell Biology Lab, Physics I, Physics II, Sensation & Perception, Directed Study: Biomedical Ethics, and ongoing self-directed study.

Statistical Analysis
Principles of Statistics, Political Research Methods, Experimental Design, Research Methods in the Behavioral Sciences.

Real Estate Education
Over 1,250 credit hours of specialized real estate education (line to Real Estate Education).

Professional Licenses
•    State of Idaho Certified General Appraiser (CGA-000117, December 1992).
•    State of Montana Certified General Real Estate Appraiser (REA-RAG-494, October 1997).
•    State of Washington Certified General Real Estate Appraiser (1100946, May 2000).
•    State of Idaho Licensed Real Estate Sales Agent (SP24825, October 2000).
•    State of Oregon Certified General Real Estate Appraiser (C000861)
•    State of Wyoming Certified General Real Estate Appraiser (1709).
•    State of Idaho Designated Broker (DB24825).

Professional Designations
•    Accredited Member, Appraisal Institute (MAI Member No. 10992, May 1996).
•    Accredited Member, Commercial Investment Real Estate Institute (CCIM Member No. 7213, June 1997).
•    Accredited Member, The Counselors of Real Estate (CRE Member, June 2000).
•    Accredited Member, American Society of Farm Managers & Rural Appraisers (ARA Member, June 2005).
•    Fellow, Royal Institution of Chartered Surveyors (FRICS Member, retired).

Business Affiliations & Memberships
Active
•    Ada County Association of Realtors®.
•    International Right-of-Way Association (IRWA, Since 1997).
•    Big Sky Multiple Listing Service (Bozeman).
•    Coeur d’Alene Multiple Listing Service.
•    Intermountain Multiple Listing Service (Boise).
•    Montana Regional Multiple Listing Service (Missoula).
•    Mortgage Bankers Association (MBA).
•    Mountain Central Multiple Listing Service (McCall).
•    National Association of Realtors® (NAR).
•    National Council of Real Estate Investment Fiduciaries (NCREIF)
•    Regional Multiple Listing Service (Oregon).
•    Snake River Multiple Listing Service (Idaho Falls).
•    Sun Valley Multiple Listing Service (Ketchum).
Inactive
•    Member of Building Owners and Managers Association (BOMA) of Idaho’s Treasure Valley (1993).
•    Member, Boise Area Chamber of Commerce (1993).
•    Member, National Association of Realtors® Appraisal Section (A000010756, June 1994).
•    Associate Member, Urban Land Institute (1997).

Boards and Committees
•    Appraisal Institute Regional Ethics & Counseling Panel (Term August 1996-December 1998).
•    Chairman, Public Relations Committee, BOMA Boise Commercial Real Estate Symposium (1997-98).
•    Board of Directors, Southern Idaho Chapter, Appraisal Institute (1998).
•    Board of Directors, Director of Communications, BOMA of Idaho’s Treasure Valley (1998).
•    State of Idaho Lease/Purchase Task Force (1999).
•    Vice-president, Southern Idaho Chapter, Appraisal Institute (2000).
•    President, Southern Idaho Chapter, Appraisal Institute (2001).
•    Founder/Chairman of the Board, Idaho Appraiser Political Action Committee (IAPAC, 2001).
•    Membership Chair, ULI Idaho (2004-2005).
•    At Large Board Member, Seattle Chapter, The Counselors of Real Estate.
•    Board of Directors, Integra Realty Resources, Inc. (2009-2010).
•    Integra Committee Service:

o    Member, Valuation Committee (2007)
o    Member, Structure Committee (2007)
o    Finance Chair, Development Committee (2010)
o    Member, Finance Committee (2010)
o    Member, Threats/Opportunities Committee (2010)
o    Co-Chair, Thought Leadership Committee (2010)
o    Chair, 401k Committee (2019-2023)
o    Chair, Insurance Captive Investment Committee (2019-2023)

Academic Achievements
•    Program for Accelerated Learners, Grades 8-12 (Meridian School District).
•    Pi Gamma Mu International Honor Society, Social Sciences.
•    Dean's List, Junior, and Senior Years (University of Idaho).
•    Outstanding Senior Award nominee (University of Idaho, 1986).
•    Graduate Record Examination (GRE):
> 89th percentile nationally on verbal abilities,
> 74th percentile on analytical abilities (relative to all US college graduates sitting for the GRE in 1986).
•    Academic Scholarship, School of Health Sciences (Boise State University, 1992).
•    Adjunct Faculty, Boise State University: Master of Public Admin. Program, Real Estate Development.

Technical Background
•    Extensive personal computer experience: DOS/Windows PC (since 1984) Apple Mac (since 1988).
•    Strong working knowledge of Argus cash flow software, Microsoft Word, Excel.
•    Effective technical writing and business communications skills.
•    Desktop publishing and graphics abilities.
•    Background in all phases of small business operation.
•    Good grounding in chemical, physical, life and environmental sciences.
•    Strong technical drawing/drafting skills.
•    Extensive GIS and mapping experience.

Publications
•    “Boise Office Market Conditions”, BOMA Leasing Guide, 1991.
•    “Boise's Office Marketplace: Occupancy Rates Show Steady Increase”, BOMA Leasing Guide, 1993.
•    “Boise Office Market Conditions: Vacancy Stabilizes and Rents Increase”, BOMA Leasing Guide, 1995.
•    “Boise Office Market Conditions: Highs for Occupancies and Rents Spur Development Plans”, BOMA Leasing Guide, 1996.
•    Quoted in Idaho Statesman, Idaho Business Review, Commercial Investment Real Estate Journal (1998).
•    “Boise Office Market Conditions: Development Activity and Vacancy Rates on the Rise”, BOMA Leasing Guide, 1998.
•    Editor /publisher of the Southern Idaho Real Estate News Residential Report (quarterly, 1994-1998).
•    Editor /publisher of the Southern Idaho Real Estate News Commercial Report (quarterly, 1998-2000).
•    Editor, First Annual BOMA Boise Commercial Real Estate Symposium Guide (1998).
•    Editor, Second Annual BOMA Boise Commercial Real Estate Symposium Guide (1999).

EXPERIENCE | Bradford Taylor Knipe

Representative Sampling

•    Acreage
•    Aggregate Quarry
•    Agriculture, Cattle Ranch
•    Agriculture, Farm
•    Agriculture, Farm Implement Dealership
•    Agriculture, Fertilizer Plant
•    Agriculture, Rec Ranch
•    Agriculture, River Terminal
•    Agriculture, Seed Plant
•    Air Rights
•    Airstrip
•    Apartment Complex
•    Appraisal Review, External
•    Appraisal Review, Internal
•    Auto Body Shop
•    Auto Dealership
•    Auto Repair
•    Bar/Tavern
•    Bare Land
•    Campground
•    Carwash, Full-Service Tunnel
•    Carwash, Self-Service
•    Church
•    College Alumni Center
•    College Classroom Building
•    Condominium/Townhouse Project
•    Conservation Easement
•    Consulting, General
•    Consulting, Site Selection
•    Convenience Store
•    Converted Residence
•    Courthouse
•    Daycare
•    Eminent Domain
•    Field Office
•    Fitness Club
•    Government Admin. Building
•    Government Lab
•    Government-Owned Cabin Site
•    Heavy Equipment Dealership
•    Hotel, Extended-Stay
•    Hotel, Full-Service
•    Hotel, Limited-Service
•    Inholding
•    Land Exchange
•    Land Residual
•    Lease Negotiation
•    Leased Fee Estate
•    Leasehold Estate
•    Light-Industrial Shop
•    Light-Industrial, Contractor Shop
•    Light-Industrial, Flex-Space
•    Light-Industrial, Incubator
•    Light-Industrial, Truck Terminal
•    Manufacturing, Electronics
•    Manufacturing, Food Service
•    Market Studies, Commercial
•    Market Studies, Multifamily
•    Market Studies, Residential
•    Microbrewery
•    Mini-Storage (Self-Storage)
•    Mobile Home Park
•    Motel
•    Motorcycle Dealership
•    Office, Dental
•    Office, Government
•    Office, Medical
•    Office, Professional
•    Patented Mining Claim
•    Recreational Property
•    Remodel/Renovation
•    Rent Studies
•    Restaurant, Fast-food
•    Restaurant, Sit-Down
•    Retail Store
•    Retail Strip Center
•    Reuse Value
•    Right-of-Way, Acquisition
•    Right-of-Way, Vacation
•    RV Park
•    Service-Commercial
•    Shopping Center, Community
•    Shopping Center, Neighborhood
•    Shopping Center, Regional
•    Single-Family Residence
•    Subdivision, Commercial
•    Subdivision, Manufactured Housing
•    Subdivision, Residential
•    Subterranean Rights
•    Timberlands
•    Tire Store
•    Truck Terminal
•    Warehouse, Distribution
•    Warehouse, Storage