10.27.09

The Appraisal Foundation press release:

David Wilkes ('92) elected Chairman of The Appraisal Foundation

David Wilkes ('92) has been elected Chairman of The Appraisal Foundation, based in Washington, DC. The Foundation is authorized by Congress to set the standards for appraisals in the United States and to set national appraiser licensing qualifications. The Foundation's Board has also approved the creation of a new and historic subsidiary board, the "Appraisal Practices Board," that was developed under Wilkes' direction to write best practices standards in appraisal for use by appraisers and state regulators, filling a significant void in the field of valuation. Wilkes continues to be a partner at the New York real estate law firm he co-founded, Huff Wilkes, LLP.