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Staff

Meet our Staff

REAC valuation professionals undertake hundreds of assignments each year. To every project, the staff brings experience from diverse educational and professional backgrounds in real estate, finance, economics, architecture, management, business administration, construction, law, healthcare, and marketing.


Michael J. Kelly, MAI, SRPA, AI-GRS
President

Mr. Michael J. Kelly, MAI, SRPA, AI-GRS, President of Real Estate Analysis Corporation, joined the company in 1978. He manages technical operations and supervises all appraisal projects. Mr. Kelly received a Master of Business Administration from the University of Chicago and a Bachelor of Business in Finance-Real Estate from Western Illinois University.

Mr. Kelly is also a member of the International Association of Assessing Officers and the Institute for Professionals in Taxation. He has published articles on the valuation of landfills and regional malls and on the abstraction of capitalization rates from the stock market. In addition, he co-authored "Appraisals" for the Real Estate Taxation Handbook, which was published by the Illinois Institute for Continuing Legal Education in 2008.

Mr. Kelly has made presentations before various professional organizations on the valuation of anchor department stores, fast food restaurants, industrial properties and leaseholds. He also presented "The Need for Definitive Standards in the Real Estate Valuation Process" to the ERISA Advisory Council of the United States Labor Department in 1995.

Mr. Kelly is state certified general appraiser in Illinois, Iowa, Michigan, and has been qualified as an expert witness in over 100 litigation cases. He has provided litigation support for a variety of property types, including anchor department stores, chemical plants, nuclear power plants and paper mills.

Bradley Braemer MAI, AI-GRS
Certified General Real Estate Appraiser

Mr. Bradley Braemer, MAI, AI-GRS is a state certified general appraiser in Illinois and Michigan. He has been an appraiser at Real Estate Analysis Corporation since 2000. He has appraised various types of real estate including multi-family, industrial, commercial, and special purpose properties. Commercial properties include office buildings, department stores, multi-tenant shopping centers, single-tenant commercial buildings, hotels, motels, automobile dealerships and nursing homes. Industrial properties include warehouses and truck terminals.

Brad has been qualified as an expert witness and has testified several times in state and local jurisdictions. Litigation cases have included tax appeal hearings. Mr. Braemer holds a Bachelor of Arts degree in Business Administration, with a specialization in Real Estate, from the University of Wisconsin-Madison.

Daniel F. Kelly
Certified General Real Estate Appraiser

Mr. Daniel Kelly has been a state certified general real estate appraiser in Illinois since 1994 and has been an appraiser at Real Estate Analysis Corporation since 1986. His appraisal experience includes a wide variety of properties including commercial, industrial, residential, and special use assignments. He has appraised paper mills, steel mills, food processing plants, shopping centers, residential apartment complexes, medical complexes, assisted living centers, retirement communities, hotels, casinos, and vacant land. He has performed property valuations for ad valorem taxation, financing, condemnation, and estate settlement purposes. In addition to real estate appraisal, Mr. Kelly has a background in construction and has worked as an ironworker in the construction of high rise office buildings, bridges, pre-cast concrete industrial buildings, and power plants. He attended DePaul University in Chicago, Illinois.

Alan Geerdes
Certified General Real Estate Appraiser

Mr. Alan Geerdes has been a state certified general real estate appraiser in Illinois since 2007 and has been an appraiser at Real Estate Analysis Corporation since 2002. His appraisal experience includes a variety of office, commercial, industrial, residential, vacant land, and special-purpose properties such as professional sports stadiums and multi-purpose arenas, horse tracks, single-tenant office headquarters campuses, landfills, transfer stations, waste-to-energy plants, railroad right-of-ways, and utility corridors. Mr. Geerdes holds a Bachelor of Arts degree in Business Administration from Augustana College in Rock Island, Illinois.

Carlos Mendoza
Certified General Real Estate Appraiser

Mr. Carlos Mendoza has been a state certified general real estate appraiser in Illinois since 2014 and has been an appraiser at Real Estate Analysis Corporation since 2005. His appraisal experience includes a variety of residential, commercial, office, industrial, and special-purpose properties. Mr. Mendoza has a Bachelor of Science degree in Real Estate Finance from DePaul University in Chicago, Illinois. His studies range from Real Estate Law, Real Estate Analysis, Real Estate Finance, and Real Estate Investments.

Jospeh Heaton
Staff Real Estate Appraiser

Mr. Joseph M. Heaton has been an appraiser with Real Estate Analysis Corporation since 2010. His appraisal experience includes a variety of industrial, commercial, office, residential, and special-purpose properties. Mr. Heaton has a background in real estate sales and property management and holds a Bachelor of Arts degree in Business Communications from Xavier University in Cincinnati, Ohio.

Robert Dobrzynski
Business Administrator

Mr. Robert Dobrzynski is REAC's Business Administrator. He manages the HR, Staff, Operations, and Accounting. Mr. Dobrzynski has over 20 years of management experience. He holds a Bachelor of Art in Literature and Communications from Benedictine University in Lisle, Illinois.

 
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