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Staff Qualifications
Russ G. Manternach, MAI
Patrick J. Schulte, MAI
Karen C. Olson, MAI
David J. Fuglsang, MAI
Cole W. Manternach

Patrick J. Schulte, MAI, SRPA
Real Estate Appraiser

Bachelor of Business Administration
University of Wisconsin, Madison, 1971
Real Estate and Urban Land Economics

University Coursework Included: 
Land Economics
Valuation of Real Estate
Real Estate Finance
Land Location and Succession
Land Public Policy

Professional education has included completion of all requirements to obtain the SRPA and MAI designations.  Courses included Appraisal Theory and Techniques, Principles and Applications for Income Property Valuation, and Standards of Professional Practice.  Continuing professional education credit hours have been earned to exceed the Appraisal Institute requirement of 100 credit hours during each five-year period and Iowa Licensing requirements.  Additional professional education has included Industrial Property Appraisal, Computer Assisted Appraisal and annual conventions and seminars.

Professional experience covers 35 years in appraising all types of commercial, industrial and investment property, with specialized knowledge for analysis of complex property issues for special use properties.  A co-founder of Commercial Appraisers of Iowa, Inc. during 2001.  Experience includes unique skills in golf course appraisal and extensive past practice in eminent domain and assessment fields.

Prior experience included the position of Vice President and Appraiser with Iowa Appraisal and Research from 1987 to 2001 appraising commercial and investment properties.  Served as Chief Deputy Assessor of Madison, Wisconsin from 1979 to 1987 with responsibility for assessment of all commercial and apartment properties and all business FF&E. 

Prior experience included six years as appraiser of industrial properties for the Wisconsin Department of Revenue.  Additional experience includes teaching assessment law, cash equivalency analysis, and appraisal procedures at several vocational and technical schools. 

Professional Affiliations
Designated MAI and SRPA - Appraisal Institute
Appraisal Institute - Iowa Chapter
Lions Club International

State Certification
Certified General Real Property Appraiser, State of Iowa.  Certificate No. CG 01117

Patrick J. Schulte, MAI, SRPA
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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