4805 Spearman Drive, College Station, TX 77845-4412
Phone: 979-690-1755 Fax: 979-690-1750
Email: tomjackson@real-analytics.com
Website: www.real-analytics.com
THOMAS O. JACKSON, Ph.D., AICP,
MAI, CRE, FRICS
Tom
Jackson is the President of Real Property Analytics, Inc. based in College
Station, TX, where he specializes in analyzing real estate that may be
impacted by environmental contamination as well as other complex valuation
related issues. Dr. Jackson has over twenty-eight years of experience
in the valuation of real property, real estate consulting and urban planning.
In addition, he is a Clinical
Associate Professor in the Department of Finance
in
the Mays Business School at Texas A&M University,
where he teaches real property valuation in the
Master of Real Estate
Program (formerly Land Economics and Real Estate), one of the oldest and
largest graduate real estate programs in the U.S. He has also taught
courses on land development
and land use planning in the College
of Architecture. Dr. Jackson is a member of the American Institute of Certified Planners
(AICP), an MAI member of the
Appraisal Institute, a
Counselor of Real Estate (CRE) and a Fellow of
the Royal Institution of
Chartered Surveyors (FRICS). He is a former member of the Appraisal Standards Board
(ASB) of The
Appraisal Foundation. The ASB establishes the Uniform
Standards of Professional Appraisal Practice, the generally accepted
standards for real estate appraisers in the U.S. Dr. Jackson was the principal
author of the ASB advisory opinion on valuing real property that may be impacted
by environmental contamination (see below). Dr. Jackson currently serves on the
Education Committee of the Appraisal Institute.
Dr. Jackson's research has been published in
the
Journal of Real Estate Research, Journal of Real Estate
Practice and Education,
Journal of Real Estate Literature,
The Appraisal Journal,
Real Estate Review and
The Real Estate Finance Journal,
and in books published by the
American
Real Estate Society and the Appraisal Institute. His
research has
been funded by the National
Science Foundation, Lincoln
Institute of Land Policy and
The Appraisers Research
Foundation.
Dr. Jackson writes
the Environment and the Appraiser column in
The Appraisal Journal,
addressing issues in the valuation of contaminated properties and other
environmental topics. He is
a member of the Academic Review Panel and Statistics Work Group of
The Appraisal Journal. Dr. Jackson was the principal author
of the Environmental Issues section in
The Appraisal of Real Estate, 13th Edition (2008), the leading appraisal textbook in the U.S.,
and contributed the definitions related to environmental contamination to The
Dictionary of Real Estate Appraisal, 5th Edition (2010).
Dr. Jackson is assisted by Jennifer Pitts, a
graduate of Texas A&M University with a master's degree in Land Economics
and Real Estate and a bachelor's degree (summa cum laude) in Finance. At
Texas A&M, Mrs. Pitts was an Appraisal Institute Scholarship recipient, a Mitte
Scholar in the Mays Business School, a member of the Phi Kappa Phi Honor
Society, and a participant in the Business Honors Program. She has co-authored
several recent articles on environmental issues for The Appraisal Journal.
Dr. Jackson has a Ph.D. in Urban and Regional
Science from Texas A&M
University, master's degrees from the University of North
Carolina at Chapel Hill and The Ohio State University,
and is an honors graduate of the University
of South Florida.
Dr.
Jackson is listed in Who's Who in America®,
Who's Who in Finance and Business® and
Who's Who in the South and Southwest®.
Dr. Jackson is a Certified General Real Estate
Appraiser in Texas (TX-1327090-G), Florida (RZ1721), Louisiana (G2118) and
Michigan (1201073459).
Course websites (for Texas A&M real estate students only, please):
-
Finance 674: Real
Property Valuation II (Fall Semester 2010, forthcoming)
-
Finance 673: Real
Property Valuation I (Spring Semester 2011, forthcoming)
Background Information:
ASB Advisory Opinion on Contaminated Property
Valuation:
Article links:
-
Groundwater Contamination and Real Estate Investment Risk, Journal of Real
Estate Practice and Education, 2005, Vol. 8, No. 1, 115-131.
-
Environmental
Contamination and Industrial Real Estate Prices, Journal of
Real Estate Research, 2002, Vol. 23, No. 1/2, 179-199.
(Manuscript award from the
American
Real Estate Society and the Society of Industrial and Office REALTORS®)
-
New
Perspectives on Environmental Stigma and Property Values, American Bar Association
Section of Environment, Energy and Resources, Toxic Torts and Environmental Litigation Committee
Newsletter, 2002, Vol. 4, No. 2, 18-19.
-
Environmental
Risk Perceptions of Commercial and Industrial Real Estate Lenders, Journal of
Real Estate Research, 2001, Vol. 22, No. 3, 271-288.
-
The
Effects of Environmental Contamination on Real Estate: A Literature Review, Journal
of Real Estate Literature, 2001, Vol. 9, No. 2, 93-116.
Article downloads (PDF format):
-
Real
Property Valuation Issues in Environmental Class Actions, The Appraisal Journal, 2009, Vol. 78, No.
2, 141-149.
-
When Good Things Happen
to Bad Properties, The Appraisal Journal, 2009, Vol. 77, No.
2, 112-116.
-
Green Buildings:
Valuation Issues and Perspectives
(with J. Pitts), The Appraisal Journal, 2008, Vol. 76, No.
2, 115-118.
-
Power Lines and
Property Values Revisited
(with J. Pitts), The Appraisal Journal, 2007, Vol. 75, No.
4, 323-325.
-
Municipal Setting
Designations: A New Tool for Reducing Environmental Risk and Cost Effects on
Property Values
(with J. Pitts), The Appraisal Journal, 2007, Vol. 75, No.
2, 105-108.
-
Institutional
Controls and Contaminated Property Valuation
(with M. Sowinski), The Appraisal Journal, 2006, Vol. 74, No.
4, 328-332.
-
Innocent Landowner
Programs and Their Effects on Environmental Risk and Property Value Impacts
(with J. Pitts), The Appraisal Journal, 2006, Vol. 74, No.
2, 117-124.
-
Evaluating
Environmental Stigma with Multiple Regression Analysis, The Appraisal Journal, 2005, Vol. 73, No.
4, 363-369.
-
The EPA's
Proposed All Appropriate Inquiries Rule and the Appraisal of Contaminated
Properties, The Appraisal Journal, 2005, Vol. 73, No.
2, 146-153.
-
Surveys, Market Interviews
and Environmental Stigma, The Appraisal Journal, 2004, Vol. 72, No.
4, 300-310.
-
Case
Studies Analysis: Environmental Stigma and Monitored Natural Attenuation, The Appraisal Journal, 2004, Vol. 72, No.
2, 111-118.
-
Methods and Techniques for
Contaminated Property Valuation, The Appraisal Journal, 2003, Vol. 71, No.
4, 311-320.
-
Appraisal Standards and Contaminated Property Valuation, The Appraisal Journal, 2003, Vol. 71, No. 2, 127-133.
-
The
Analysis of Environmental Case Studies (with R. Bell), The Appraisal Journal,
2002, Vol. 70, No. 1, 86-95.
-
The
Effect of Previous Environmental Contamination on Industrial Real Estate Prices,
The Appraisal Journal, 2001, Vol. 69, No. 2, 200-210
-
Mortgage-Equity
Analysis in Contaminated Property Valuation, The Appraisal Journal, 1998,
Vol. 66, No. 1, 46-55
This page was last updated on
June 4, 2010