What do you specialize in and what are the best circumstances that clients/prospects should come to you for help?
I have been involved with marketing, project management and completion of engagements for purchase price allocation, asset based lending, insurance placement and proof of loss. Currently, I manage the Business Development activities for our US operations out of our US Head office in Milwaukee. I can be reached for any valuation needs to provide a no obligation proposal for service.
You have appraised buildings all over the North America? What buildings stand out?
I have worked on valuation engagements for 2 of the largest shopping malls in the world in Minnesota, USA and Alberta, Canada. As well as a retail/entertainment complex in New Jersey, USA that features an indoor ski hill. I have also appraised full racetrack/pari-mutuel operations in Ontario, Canada and high profile office towers in New York City, New York, USA. My most marquee assignment was appraisal of a major shipping channel in Central America.
What do you specialize in and what are the best circumstances that clients/prospects should come to you for help?
I specialize in insurance appraisals for private sector building construction including multifamily residential, commercial, industrial and bare land/ common element properties. Clients should come to me if they need to know how much it would cost to replace their building if anything was to happen to it in order to make sure they have adequate insurance coverage.
Please describe an interesting project you worked on recently.
I recently completed an insurance appraisal for a 1.2 million square foot shopping mall with 200 retailers and an 1100 seat food court in Tsawwassen.
You have appraised buildings all over the North America? What buildings stand out?
A marquee New York office tower, a brand name hotel in Las Vegas Nevada, and a marquee office building in midtown Montreal, QC.
What do you enjoy doing when you’re not working?
I enjoy gardening, paddle boarding, hiking and going out quadding and snowmobiling with my family; really anything outdoors, and I love travelling.
What’s your guilty pleasure?
Shoe Shopping
How many years have you been in the Industry?
I started with Suncorp in 2002, took a break at home to raise my kids while they were small and have been back for 7 years.
What do you specialize in and what are the best circumstances that clients/prospects should come to you for help?
Throughout my time at Suncorp, I have had the opportunity to experience and work on a large variety of assignments, from standard industrial appraisals, to multi-family, office, retail, agricultural and development land, as well as appraisals for a number of special use properties. However, appraisal work specific to expropriation, going concern valuations on recreational properties, or real estate in secondary markets, are areas I specialize in.
Please describe an interesting project you worked on recently.
I recently worked on an assignment of an RV Park which has been heavily impacted by both COVID and the downturn in the oil and gas industry in its respective area. There were several moving parts to consider, both in terms of the property itself, and the changing market conditions.
What do you enjoy doing when you’re not working?
I enjoy gardening, paddle boarding, hiking and going out quadding and snowmobiling with my family; really anything outdoors, and I love travelling.
Suncorp Valuation’s Rick Dettmann was invited to speak on the Every-DayRisk Podcast.
Below, you can listen to the podcast in full.
In this episode there is an in-depth discussion with experts on the pros and cons of different types of property valuations and when to use them. Specifically, about property and equipment valuations. The hardening market has increased the importance of accuracy when creating these values, and our thoughts and conversations that we have on these values really have changed.
