Chris Gibeault, MAI, AI-GRS

Principal | Commercial Real Estate Appraiser & Consultant
t: 206.452.9282
e: chris@cgvaluation.com
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Experience

Chris Gibeault, MAI, AI-GRS is the owner and commercial real estate appraiser at CG Valuation. He has been appraising in the Puget Sound region and larger Washington state area since 2003. Prior to CG Valuation, Mr. Gibeault was a Director with a national valuation and consulting firm. 

Areas of Practice

The primary markets of CG Valuation include King, Snohomish, Pierce, Thurston and Kitsap counties. Secondary markets include the remaining counties in western Washington as well as eastern Washington, primarily Spokane, Yakima, Tri-Cities and Wenatchee.

Professional Activities & Affiliations

  • Appraisal Institute, Designated Member (MAI)
  • Appraisal Institute, Designation Member (AI-GRS)
  • Chair: Marketing Committee, Appraisal Institute (AI), Seattle Chapter (SEA), 2017
  • Member: Nominating Committee, AI, SEA, 2015, 2018
  • Chair: Technology Committee: AI, SEA, 2011-2014
  • Member: Finance Committee: AI, SEA 2011-2013
  • Leadership Development Advisory Council (LDAC) Representative, AI, SEA, April 2011
  • Region I Representative: AI, SEA, 2009-2010
  • Chair: General Associate Member Guidance, AI, SEA, 2008
  • General Associate Member Liaison, AI, SEA, 2007
  • Chair: Public Relations Committee, AI, SEA, 2007
  • Co-Chair: Hospitality Committee, AI, SEA, 2004-2005

Licenses               

  • Washington, Certified General Appraiser, 1101751, Expires August 2019

Education                                         

  • Bachelor of Arts, Business Administration, Washington State University, Pullman, Washington, Major in Real Estate and Corporate Finance
  • Basic Appraisal Principals, Appraisal Institute (AI)
  • Basic Appraisal Procedures, AI
  • Basic Income Capitalization, AI
  • National USPAP Course, AI
  • Business Practices and Ethics, AI
  • Advanced Income Capitalization, AI
  • Highest and Best Use and Market Analysis, AI
  • Advanced Sales Comparison and Cost Approach, AI
  • Advanced Applications, AI
  • Marshall & Swift Commercial Cost Approach seminar, AI
  • Analyzing Operating Expenses seminar, AI
  • Forecasting Revenue seminar, AI
  • Appraising the Appraisal: Appraisal Review-General seminar, AI
  • Subdivision seminar, AI
  • Residential Property Construction and Inspection seminar, AI
  • Data Verification Methods seminar, AI
  • Appraisal of Self-Storage Facilities, Mckissock (Mc)
  • Divorce and Estate Appraisals: Elements of Non-Lender Work (Mc)
  • Various additional courses and seminars

Miscellaneous

  • Puget Sound Business Examiner - 40 Under Forty, 2013 Class
  • Volunteer of Distinction Award, AI, 2013
  • Alumni of the Year, Phi Kappa Tau Fraternity - WSU Chapter, 2011
  • Community Volunteer of the Year, United Way of Pierce County, 2010-2011
  • Associate of the Year Award, AI, SEA, 2007

What is an MAI or AI-GRS Designation?

MAI Membership Designation

The MAI membership designation is held by professionals who provide a wide range of services on all types of real property related to providing opinions of value, evaluations, review, consulting and advice on investment decisions, among other things. Property types may include commercial, industrial, agricultural, residential, and vacant land. 

To become a MAI Designated member of the Appraisal Institute, an individual must:

  • Have good moral character;
  • Be a Certified General Real Property Appraiser (or meet equivalency)
  • Hold bachelor's degree or higher (or be a Certified General Real Property Appraiser)
  • Meet standards and ethics requirements;
  • Pass rigorous education requirements;
  • Pass a final comprehensive examination;
  • Receive credit for specialized experience that meets strict criteria; and
  • Receive credit for the demonstration of knowledge requirement.

These individuals have the necessary commercial property valuation experience and knowledge to produce a valuation that ensures confidence. MAI Designated members agree to adhere to the Appraisal Institute Code of Professional Ethics and Standards of Professional Appraisal Practice, underscoring a commitment to sound and ethical professional practice.

The completion of continuing education requirements assures that MAI Designated members remain informed on trends and changes pertaining to real property valuation, enabling them to provide valuations that reflect the latest in professional practice.

The MAI designation has long been recognized by courts of law, government agencies, financial institutions, and investors as a mark of excellence in the field of real estate valuation and analysis.

AI-GRS Membership Designation

The AI-GRS membership designation is held by professionals who provide reviews of appraisals of a wide range of property types, including commercial, industrial, agricultural, residential, and vacant land

To become an AI-GRS Designated member of the Appraisal Institute, an individual must:

  • Have good moral character;
  • Be a Certified General Real Property Appraiser (or meet equivalency)
  • Hold a bachelor's Degree or higher (or be a Certified General Real Property Appraiser)
  • Meet standards and ethics requirements;
  • Meet rigorous education requirements;
  • Pass a comprehensive examination; and
  • Receive credit for specialized appraisal review experience that meets strict criteria.

These individuals possess experience and knowledge to address issues unique to commercial real property reviews. AI-GRS Designated members agree to adhere to the Appraisal Institute Code of Professional Ethics and Standards of Professional Appraisal Practice, underscoring a commitment to sound and ethical professional practice.

The completion of continuing education requirements assures that AI-GRS Designated members remain  informed on trends pertaining to reviews, enabling them to provide reviews that reflect the latest in professional practice. 

Appraisal Institute

For more information about the Appraisal Institute, check out Appraisalinstitute.org.