Michael brings vast experience in the valuation of investment and user-based real estate, appraisal review and management, market research and litigation support to SMG and we look forward to his contributions
New York, NY (PRWEB) November 18, 2010
FTI Consulting, Inc. (NYSE:FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that Michael P. Hedden, CRE, MAI, FRICS, has joined FTI Schonbraun McCann Group (SMG), FTI Consulting, Inc.’s global real estate advisory practice, as a managing director. In this role, Hedden will provide valuation, litigation support and expert testimony services for clients out of the group’s New York City office.
A certified real estate appraiser in 12 states, Hedden brings more than 30 years of experience advising multiple real estate enterprises across the country in the areas of appraisals, highest and best use analysis, and litigation support for the purposes of bankruptcy, financial and tax reporting, property tax assessment, financing, purchase or sale, insurance, fair rental, condemnation and donation.
Hedden joins SMG from American Appraisal Associates, where he served as a managing director since 2007. Prior to that, he prepared valuations used for financial reporting with a concentration in health care and offered litigation support for CBIZ Valuation Group, LLC. Before joining CBIZ, he was president of Realty Economics Group, a real estate consulting and appraisal firm working for various government, public, and private entities throughout the New York metropolitan area.
Hedden has significant expert testimony experience and has appeared before the U.S. District Court, Superior Court of New Jersey, U.S. Bankruptcy Court, New Jersey State Tax Court, New Jersey Legislature Committee, and various condemnation and zoning boards.
A member of the Appraisal Institute and the Counselors of Real Estate and a distinguished Fellow of the Royal Institute of Chartered Surveyors, Hedden earned a master of city and regional planning (M.C.R.P.) degree from The Edward J. Bloustein School of Planning and Public Policy at Rutgers University and a bachelor of science degree in marketing from the University of Bridgeport.
“Michael brings vast experience in the valuation of investment and user-based real estate, appraisal review and management, market research and litigation support to SMG and we look forward to his contributions,” said Bruce Schonbraun, the group head of real estate of FTI Schonbraun McCann Group.
About FTI Schonbraun McCann Group
FTI Schonbraun McCann Group (SMG) is a global consulting firm dedicated to creating integrated financial, tax and real estate solutions for clients having underlying value in real estate operations and assets. SMG provides an unsurpassed range of advisory services and represents leading public and private real estate entities including owners/developers, financial institutions, investment banks, opportunity funds, insurance companies, hedge funds, and pension advisors who are challenged by today’s changing market conditions. FTI Schonbraun McCann Group is the real estate advisory business of FTI Consulting, Inc. For more information, visit http://www.smgllp.com.
About FTI Consulting
FTI Consulting, Inc. (NYSE: FCN) is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 3,500 employees located in most major business centers in the world, we work closely with clients every day to anticipate, illuminate, and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, strategic communications and restructuring. More information can be found at http://www.fticonsulting.com.