Malcolm Buchanan 1992
Designation: SRA
Birthplace and year: Boston, July 1936
Services: Real estate appraisal & consulting: residential, commercial, industrial, subdivision analysis, environmental (firm founded in 1980)
Clients: Major and minor corporations, developers, banks and government
Most interesting appraisal: Properties with environmental problems. Most difficult: Relocation assignments. Most bizarre: For a national company on Nantucket. Half a barn was converted for residence and the other half was used for livestock. One door in the master bedroom, which I thought would lead to a closet opened to a barn stall which was at that time occupied by a bull, who was not happy to see me.
Business philosophy: Quality appraising at reasonable prices. Establishing an organization that can meet this goal
Current business/future changes: Real estate market reflects improvement with the greatest in 1993. Best investment in current markets are good older residential income property which will have dramatic appreciation in the mid 1990s