Nick A. Tillema, MAI, SRA, AI-GRS, AI-RRS, CCIM
Nick has been involved in the real estate/finance industry since 1972. His education includes a Bachelor’s of Finance from Indiana University, a Masters of Business Administration from Arizona State University and a Doctorate of Jurisprudence from Indiana University – Indianapolis. His background includes leasing and management with a Chicago-based, regional, shopping center owner; mortgage banking (origination, underwriting, secondary marketing & management), title company (co-owner); property management, real estate development (residential condominiums); investment, consulting and appraising (residential, commercial, easements and diminutive damages).
His experience in teaching includes real estate broker and appraiser pre-licensing classes, continuing education seminars and real estate college classes for private schools, professional organizations, Indiana University and Butler University. He has written numerous seminars for both law and real estate professionals. He is currently the chair of both the board of directors of the Appraisal Institute Relief Foundation and the Appraiser Liability Insurance Program. He has also served on the national board of directors for the Appraisal Institute and has served on the board of directors of the Hoosier State Chapter of the Appraisal Institute, the Indiana CCIM chapter, the Indiana Association of Realtors, the Realtor Foundation, and the Metropolitan Indianapolis Board of Realtors.
As an attorney, he has both prosecuted and defended real estate appraisers. As an appraiser, he has reviewed both residential and commercial appraisals as part of a litigation team. His background and education allow him to speak intelligently on today’s appraisal issues.
As an appraiser, his experience includes appraising farms, local and regional shopping centers, conventional and HUD apartment facilities, steel mills, oil refineries, and mega-warehouses. His experience with special purpose properties includes mega-church facilities, school buildings, cemeteries, airports, the Detroit RiverWalk and an abandoned U.S. Air Force Base. Specialty appraisal assignments have included forensic appraising for litigation purposes, conservation easements, pipeline easements and properties affected by environmental contamination, construction defects and partial interests.
Nick A. Tillema, MAI, SRA, AI-GRS, AI-RRS, CCIM