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Staff Qualifications
Russ G. Manternach, MAI
Patrick J. Schulte, MAI
Levi H. Freedman, MAI
Karen C. Olson, MAI
David J. Fuglsang, MAI
Luke J. Wanninger, MAI

David J. Fuglsang, MAI
Real Estate Appraiser

Bachelor of Arts
University of Northern Iowa, May 2007
Finance and Real Estate

Coursework at the University of Northern Iowa included Corporate Finance, Commercial Banking, Principles of Real Estate, Real Estate Appraisal and Investment, Real Estate Finance, Real Estate Law and Brokerage, and Financial Management.

Appraisal Institute Coursework

Quantitative Analysis Report Writing and Case Studies
Advanced Concepts and Case Studies USPAP, 15-hour course
Income Capitalization Approach I & II Federal Land Acquisitions
General Market Analysis and Highest & Best Use    General Sales Comparison
ARGUS Applications Business Practices and Ethics
Finance, Statistics, and Valuation Modeling

Successful Examination:
Advanced Income Capitalization
Advanced Market Analysis and Highest and Best Use

Professional experience includes 11+ years as a commercial real estate appraiser. Joined Commercial Appraisers of Iowa, Inc. in 2007. Appraisal experience includes all types of commercial, industrial and investment properties including the following:

Multi Family, Including HUD Properties    Retail Properties
Conventional and Medical Offices Vacant Land/ Subdivisions
Industrial Properties Churches
Eminent Domain Projects Special Use
Investment Properties Mini-Storage Facilities
Railroad Corridors Agricultural Properties
Hotel/Motel Properties  

Professional Affiliations
Designated MAI – Appraisal Institute
Appraisal Institute – Iowa Chapter

State Certification
Certified General Real Property Appraiser, State of Iowa.  Certificate No. CG 02939

David J. Fuglsang
3737 Woodland Avenue
Suite 320
West Des Moines, Iowa 50266
Phone 515/288-6800
Fax 515/288-6810
Commercial Appraisers of Iowa, Inc.    3737 Woodland Avenue | Suite 320    West Des Moines, Iowa 50266    Phone 515/288-6800 | Fax 515/288-6810

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