QUALIFICATIONS OF Bruce Perchik, MAI

The D. L. Evans Company, Inc. is an independent real estate company that specializes in providing expert real estate advisory services. Areas of expertise include real estate valuation, counseling, brokerage, and development. The company's work products include narrative and form appraisal reports, written and oral appraisal consultations, general real estate consulting assignments, land planning, expert witness services and litigation support.

Experience
Mr. Perchik has been employed by the D. L. Evans Company, Inc., since 2002, developing expertise in commercial real estate appraising and real estate consultation.
Mr. Perchik has more than twenty years experience in the real estate industry. He was the managing partner of Urban Property Analysts, a commercial real estate appraisal and consulting firm in Austin, Texas. He has primary professional expertise in real estate analysis and valuation, corporate real estate holdings, real estate lending, acquisition and development. In addition, he has written complete, working real estate spreadsheets for cash flow and pure pairings analysis.

Licenses, Designations and other Qualifications
Certified General and Licensed Appraiser - State of Wisconsin
MAI Designation - Appraisal Institute
Expert Witness Travis County, Texas

Education
University of Wisconsin Madison, Bachelor of Arts Degree majoring in Philosophy (1975)
University of Wisconsin Madison, Master of Science Degree majoring in Real Estate Appraisal and Investment Analysis (1980)
University of Wisconsin Madison, Master of Science Degree majoring in Finance (December 1996)

Attended numerous courses sponsored by the Appraisal Institute to fulfill requirements for the MAI designation and for continuing education.

Professional Organizations
Member of Association for Investment Management and Research
Member of University of Wisconsin Real Estate Alumni Association

Clients
The D. L. Evans Company provides real estate services for a variety of client types including local, regional and national lending institutions, life insurance companies, pension funds, medical institutions, large and small corporations, equity investors, public institutions, non-profit and religious organizations, estates, private individuals, and government agencies at the local, county, state and national levels.