Founded, in 1981, and headed by Robert H. McKennon, CRE, MAI; Appraisal-Associates, Inc. performs appraisals and offers counseling on virtually all types of real estate properties and related issues including, but not limited to, office buildings, apartment complexes, retail shopping centers, development land of all types, farms, easements, estate residences, industrial facilities, eminent domain, and special purpose properties. He provides valuation services encompassing small owner/user buildings to multi-phased analysis of Delaware’s largest and most complex commercial properties.
His practice involves real estate in Delaware, as well as areas of nearby Chester County, Pennsylvania. In addition, he provides valuations of interests in limited liability companies and limited partnerships that hold real estate, as well as partial interests.
Mr. McKennon is a State Certified General Real Property Appraiser in Delaware and Pennsylvania with over 35 years of appraisal experience. In addition to holding since 1983 the MAI designation conferred by the Appraisal Institute, he has been a Counselor of Real Estate (CRE) since 1994, a highly prestigious, invitation only credential acknowledging his expertise in real estate and his competence in offering real estate consulting services beyond the scope of a standard appraisal. He has presented on eminent domain and conservation easements, two of his specialties.
Mr. McKennon was a member of the Board of Directors of the Counselors of Real Estate for 10 years and has served on its ethics committee, among other committees. He is also a member of the Standards Setting Committee responsible for writing the first International Ethics Standard for real estate practitioners from 48 professional bodies around the world.