Real Estate Valuation & Consulting Services

CHARLES G. ARGIANAS

President, MAI, J.D.

 

Charles G. Argianas

Charles G. Argianas

Charles G. Argianas, President of Argianas & Associates, has spent over 30 years appraising and consulting on real estate properties throughout the United States. Before founding Argianas & Associates, he held various positions with The First National Bank of Chicago (now JP Morgan Chase), Deloitte & Touche Consulting, and American Appraisal Associates. In those capacities, he has created and managed entire real estate appraisal/consultant staffs with a focus on income producing and special-purpose properties.

Charles is nationally recognized for his expertise in appraising large institutional, industrial, and special purpose properties. Major properties appraised include: Chicago’s mixed-use retail/office Water Tower Place; the 1,250,000sf Chicago Mercantile Exchange Building; Chicago’s 845,000sf Quaker Tower; Oakbrook Center Mall in Oak Brook, IL; the 4,600,000sf ARCO Towers Plaza in Los Angeles; the 700,000sf Chase Plaza in Los Angeles; the 1,100,000sf Wanamaker Building in Philadelphia; the ABC Headquarters Tower in New York and the 1,000,000sf Trammel Crow Center in Dallas.

Special purpose properties appraised by Charles have included: automobile, RV vehicle, and truck dealership facilities; USDA rendering plants, dairy processing facilities, food processing plants, and commercial bakeries; chemical processing plants and paper mills; radio and television broadcasting studios; mobile home and recreational vehicle parks; funeral homes and entire cemeteries; gas stations and convenience stores; daycare properties, grade schools, high schools and entire college/university campuses. He also appraised equestrian centers; entire campgrounds; budget, business class and luxury resort hotels/hospitality facilities; sit down and fast food restaurants; banquet halls; golf courses, bowling facilities, amusement parks, and miniature golf/go cart facilities; baseball stadiums and racetracks; ice skating centers, health clubs, and institutional quality fitness centers; multi-screen cinemas and live performing arts centers; museums; churches, synagogues, monasteries, and convents; marinas; entire hospital campuses, and outpatient surgical facilities; bank headquarters and convenience banking facilities; post offices; self storage facilities; nursing homes; truck terminals; deepwater and river barge shipping centers; coal-fired/fossil fuel/natural gas and nuclear power plants and maximum security prisons. Charles, an ARGUS discounted cash flow analyst, is also accomplished in appraising entire subdivisions and condominium developments using the wholesale/bulk value premise.

Legal appraised positions have included fee simple, leased fee, leasehold and partial interests for domestic/international financing, purchase price allocation, condemnation, ad valorem tax, estate planning, sale/leasebacks, buy/sell negotiations, portfolio reviews and syndication due diligence. In addition, he has performed market/feasibility studies, highest and best use studies and investment analysis cash flow studies for a variety of special purpose facilities.

Charles Argianas has furnished expert courtroom testimony in cases involving a variety of real estate valuation issues before federal and state courts in Arizona, California, Indiana, Michigan, Nevada and Ohio.

Education
Charles has a Bachelor of Science in Business Administration from Elmhurst College and a Juris Doctor of Law from John Marshall Law School, Chicago.

Professional Affiliations
Charles is a Member of the Appraisal Institute (MAI #8167) and a licensed certified real estate appraiser in Arizona, California, Colorado, the District of Columbia, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, Nevada, New York, Ohio, Pennsylvania, Texas and Wisconsin. He has actively served his profession as a Regional Panel Member of the Appraisal Institute Ethics and Counseling Panel, and as a member of the Appraisal Institute National Research and Information Committee. Charles also is a member of The Family Business Council at the University of Illinois at Chicago College of Business Administration. In addition, he has contributed to various publications including The National Law Journal, The National Real Estate Investor, Building Profit, The Chicago Tribune, The Chicago Sun Times and Crain’s Chicago Business Weekly.