Managing Director, Advisory Group

Position

Michael P. Hedden serves as the managing director for the Princeton Advisory Group of American Appraisal.  In this capacity, he provides real estate counseling emphasizing appraisals, highest and best use analysis, and litigation support for all property types.

Experience

  Valuation

Mr. Hedden has more than 25 years of experience in performing appraisal and consulting assignments for law firms, corporations, syndications, banks, government agencies, and private individuals.

Properties he has appraised include vacant land, residential, commercial, industrial, health care, and special-purpose properties throughout the United States.  He has developed broad experience in the valuation of properties with detrimental conditions and is a recognized expert in the valuation of property suffering from environmental contamination.

  Litigation

Mr. Hedden has significant expert testimony experience and has appeared before the Superior Court of New Jersey, U.S. Bankruptcy Court, New Jersey State Tax Court, New Jersey Legislature Committee, and various condemnation and zoning boards.

  Business

Prior to joining American Appraisal in 2007 as a managing director, Mr. Hedden was involved primarily with preparing valuations used for financial reporting purposes with a concentration on health care in addition to significant activity in litigation support for CBIZ Valuation Group, LLC.  Before joining CBIZ, he was president of Realty Economics Group, a real estate consulting and appraisal firm working for various government, public, and private entities throughout the New York metropolitan area.

Mr. Hedden is a faculty member and teaches Highest & Best Use and Market Analysis and Valuation for Financial Reporting for the Appraisal Institute as well as various valuation seminars for the Institute for Continuing Legal Education in New Jersey.  He has conducted various seminars for the Municipal Tax Assessors Association in New Jersey, New Jersey Association of Realtors, and the National Association of Industrial and Office Parks.  In addition, Mr. Hedden serves on an advisory panel to the National Brownfield Center at the Bloustein School of Planning and Public Policy at Rutgers University.