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Reso 2026-3963
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Reso 2026-3963
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Last modified
3/17/2026 12:18:57 PM
Creation date
3/17/2026 12:14:40 PM
Metadata
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Template:
CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2026-3963
Date (mm/dd/yyyy)
02/19/2026
Description
Approve Purchase & Assignment of TDRs amount 120,972.18 Sq. ft. of FAR & (48) Dwelling units from City's Public TDR Bank to MB RE Investments, LLC.
Supplemental fields
Comment
Heard with Companion Zoning Reso 26-Z-221; Item 5A.
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QUALIFICATIONS OF FRANK A. HORNSTEIN, MAI <br />State -Certified General Real Estate Appraiser No. RZ 1376 <br />frank(a,appraisalfirst.net <br />EXPERIENCE: <br />Owner/Appraiser - AppraisalFirst, LLC - 2023 to Present <br />Owner/Appraiser - AppraisalFirst Real Estate Appraisers LLC - 2010 to 2023 <br />Officer/Appraiser - AppraisalFirst, Inc. - 2005 to 2010 <br />Commercial Appraiser- AppraisalFirst, Inc. - 1993 to 2005 <br />Commercial Appraiser -Ames Appraisal Services - 1989 to 1993 <br />PROFESSIONAL AFFILIATIONS: <br />Member of the Appraisal Institute, MAI <br />STATE OF FLORIDA LICENSES: <br />State -Certified General Appraiser, No. RZ 1376 <br />Real Estate Broker, No. 0534448 <br />EDUCATION: <br />B.S., Florida State University, Tallahassee, FL - 1989 <br />Major: Real Estate and Finance <br />RECENT CONTINUING EDUCATION: <br />- USPAP Update, Appraisal Institute, 2023 <br />- Florida Appraisal Law, Appraisal Institute, 2023 <br />- Complex Valuation, Appraisal Institute, 2023 <br />- Risk & Equity's Role, Appraisal Institute, 2023 <br />- Avoiding Bias: Building a Bias Defense -An Examination of Available Guidance for Fl. Appraisers, <br />Appraisal Institute, 2022 <br />- The Paperless Real Estate Appraisal Office, Appraisal Institute, 2022 <br />- Business Practice & Ethics, 2022 <br />- How Tenants Create & Destroy Leasehold Value, Appraisal Institute, 2020 <br />- Highest & Best Use, Appraisal Institute, 2020 <br />APPLICATIONS OF APPRAISALS: <br />Mortgage Loan litigation (Expert Witness) <br />Securities Lending Purchase or Sale <br />Foreclosure Proceedings Estate <br />Bankruptcy <br />TYPES OF PROPERTIES APPRAISED: <br />Industrial Buildings <br />Single Family Subdivisions <br />Office Buildings <br />Vacant Residential & Commercial Land <br />Rental Apartments <br />Retail/Showroom <br />Rental Townhouses <br />Manufacturing Buildings <br />Shopping Centers <br />Vacant Industrial Land <br />Leasehold Estates <br />Religious Facilities <br />Hotels & Motels <br />Gas Stations <br />Restaurants <br />Townhouse Subdivisions <br />Airport Hangars & FBO's <br />Condominium Projects <br />Marinas <br />Medical Facilities, Surgical Centers, Assisted Living & Rehabilitation <br />Geographical Areas Served: <br />Miami -Dade Broward <br />Monroe Palm Beach <br />626 <br />
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