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In The News

The Trusted Voice of the Commercial Real Estate Market

Keep up to date with the latest events from the Simonson Appraisals team. Commercial appraisal expert, Mitch Simonson, is relied upon in the real estate valuation, consulting and appraisal industry for his knowledge, innovative techniques and sage advice. Mitch and his team are often consulted on many real estate-related issues. You’ll find interviews, appearance recaps, event highlights, notable happenings, and expert opinions recapped here.
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Our colleagues rely on us for their commercial real estate valuation matters. You can too.
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VIEW UPCOMING EVENTS

​DEC
​2024 
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The Chills Podcast
Mitch Simonson, MAI, joined "The Chills Podcast" as a guest, sharing his journey of balancing life as a husband, father of 11, business owner, and coach. Tune in as he discusses how he's built a successful commercial real estate appraisal business and guides entrepreneurs in aligning their personal and professional lives. Watch the episode here

​JAN
​2024 
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Indispensable Appraisers Podcast
In January 2024, Mitch Simonson, MAI, joined Jeff Hicks on the "Indispensable Appraisers Podcast". He discussed how appraisers provide valuable solutions to complex valuation problems, help property owners understand impacts, and offer high-level service. Mitch also emphasized how the profession allows for a fulfilling lifestyle, sharing how he’s learned to live intentionally and with vision. Watch the episode here

SEP
​2023 
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Current State of the Residential & Commercial Real Estate Market & its Implications on Foreclosure Rates
On September 19, 2023, Mitchell Simonson, MAI, launched the "How to Foreclose a Mortgage in Minnesota" event at the Minnesota CLE Conference Center in Minneapolis. His presentation provided an overview of real estate foreclosure trends in Minnesota, along with an in-depth analysis of current valuation trends across the state.

MAR
​2023 
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St. Cloud State University Guest Speaker Event
Mitchell Simonson, MAI, returned to his alma mater, St. Cloud State University, to share his 20+ year journey in commercial real estate appraisal valuations with the real estate program. He discussed the importance of creating a clear vision for life, understanding what you want, and putting in the effort to achieve it. When it comes to building a successful business, he emphasized the importance of incorporating fun into life as well. When fully aligned, life becomes richer, filled with greater meaning, margin, and miracles!​

MAY
​2022 
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Minnesota Real Estate Market Update 
Mitchell Simonson, MAI, held a Real Estate Market Update presentation for the Minnesota Real Estate Exchangors (MREE) group in May 2022. Topics included a market summary on various commercial property types, as well as the impact of rising interest rates.

MAY
​2022 
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MAAO 2022 Summer Seminars
On May 25, 2022, Mitchell Simonson, MAI, held a seminar at the Minnesota Association of Assessing Officers (MAAO) 2022 Summer Seminars event in St. Cloud, MN. This case study course was themed around the rising growth of dollar stores.
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MAR
​2022 
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Minneapolis/St. Paul Multi-Family Valuation and Forecast Summit  
Mitchell Simonson, MAI, moderated the multi-family panel of appraisers, owners, and brokers to discuss apartment value trends in the metro and greater MN markets as well as affordable housing trends. Other topics included rent control in St. Paul, property taxes, construction costs and their impact on development, as well as capitalization rate forecasts.

SEP
​2020 
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NAIOP Virtual Appraisal & Valuation Webinar 
On September 2, 2020, 2:00 PM - 3:00 PM, Mitchell Simonson, MAI, joined two other Minneapolis/St. Paul appraisers and two brokers to discuss current appraisal and valuation trends with the NAIOP audience. Topics covered included retail and office tenant and valuation trends and state of the hotel market.

AUG
​2020
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Appraisals & CRE Valuation Webinar​
Mitchell Simonson, MAI, presented an Appraisals and CRE Valuation webinar to the Minnesota Real Estate Exchangors (MREE) group on Augst 19, 2020. Topics included a Simonson Appraisals company overview, Impact of COVID on Appraisals, Transaction Trends, Banks and CRE Financing and cap rates.  If interested in the presentation, reach out to https://www.simonsonappraisals.com/contact.html.

AUG
​2020 
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13th Annual Real Estate Capital Markets Summit​
On August 14th, 8:00 AM - 12:00 PM at the Radisson Blu Mall of America, Mitchell Simonson, MAI, shared his invaluable market insights and moderated the Banking & Construction Lending Update with several bank lenders at the 13th Annual Real Estate Capital Markets Summit. The panel provided information information on the industry outlook for Minnesota in 2020 including:
• Profile of deals that get closed and banks evolving view of the commercial real estate industry, product-type saturation
• Update on borrow requirements and interest rate trends
• Outlook for the Minnesota banking industry and how it compares to the rest of the country

JUL
​2020
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Bisnow Commercial Real Estate Webinars​
Join some of the leading commercial real estate experts as they dive deep into the subject of appraisals, valuations and taxes in the Twin Cities area of Minnesota. Listen in as Mitchell Simonson, founder of Simonson Appraisals, gives input on how his firm is making valuations using the rapidly-changing information of the current market. Watch the full webinar here.

JAN
2020
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2020 Minneapolis/St. Paul Multi-Family Valuation and Forecast Summit 
​Mitchell Simonson, MAI, participated in the multi-family panel of appraisers, owners, lenders and brokers to discuss apartment value trends in the metro and greater MN markets as well as affordable housing trends. Other topics included real estate tax trends, how to select the best rent comparables, inclusionary zoning in Minneapolis and value-add opportunities.

MAR
2019
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Property Tax Appeals In Minnesota 
​Mitchell Simonson, MAI, presented a Commercial Real Estate Market Update at the 2019 Minnesota Property Tax Appeals Continuing Legal Education event. The session discussed observations on what to expect given current business cycle and economic indicators, market conditions, vacancy rate and cap rate trends. 

FEB
2017
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Navigating the Appraisal Process
Mitchell Simonson, MAI, was the guest presenter for an SBA Lender Training Webinar. Insights will be shared from the appraiser and bank appraisal review perspectives to help lenders communicate with the borrower at the onset of the financing process. Participants will learn key components and develop a clear understanding to improve the appraisal process. 

FEB
2017
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Minnesota Real Estate Journal
Over the past 12 months, Chadwick Appraisals has appraised numerous Greater Minnesota apartments ranging in size from about 20 to 150 units. The geographic region has spanned the "banana belt" surrounding the Minneapolis/St. Paul metropolitan area. 

NOV
2016 
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Frandsen Bank & Trust Newsletter
Choosing the perfect location for your new or expanding business requires careful consideration. While location might not matter as much for purely online enterprises, it can make or break most other types of businesses—particularly those with local employees, in ­person customers and vendors, or regular . . .

AUG
2016 
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St. Cloud Economic Development Department
With one of the largest malls in the state and an abundant area of other shopping locations around the city and downtown, it’s no wonder that St. Cloud sees more
shopping traffic than any other area in Central Minnesota. ​In fact, it’s estimated that consumers are drawn. . .

FEB
2016 
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Frandsen Bank & Trust Newsletter
This past year, the upper Midwest commercial real estate (CRE) market showed steady, stable growth—but what will 2016 bring? Mitchell Simonson, co-owner of Chadwick Appraisals—which provides licensed commercial realty and appraisal services throughout Minnesota and the surrounding area . . .
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