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History of the Armstrong/Kahn Award.

Te Appraisal Journal's Armstrong/Kahn Award is part of a long tradition of article awards.

The Robert H. Armstrong Award There are several Armstrong awards, named after different people called Armstrong.
  • Lance Armstrong award for cancer prevention efforts
  • Neil A. Armstrong award
  • Louis Armstrong award
  • Robert L. Armstrong award
  • James E. Armstrong award
  • Lewis S.
 was first presented in 1963. It was named for Robert H. Armstrong, MAI MAI Mail (File Name Extension)
MAI Multilateral Agreement on Investment
MAI Maius (Latin: May)
MAI Ministerul Administratiei si Internelor (Romanian) 
, who served as Editor-in-Chief and Managing Editor of The Appraisal Journal from 1945-1955. (1) The award was given each year for the best original article published in The Appraisal Journal.

Sanders A. Kahn, PhD, SREA SREA Saskatchewan Real Estate Association (Canada)
SREA Supplier Request for Engineering Approval
SREA Structural Roof Erectors Association (Portland, OR)
SREA Smith Rea Energy Associates Ltd
, served as Chair of The Real Estate Appraiser & Analyst (TREA) subcommittee in 1980-1981 and 1984-1985. In 1984, he established an annual manuscript prize to honor the author who developed the best example of thought-provoking presentation on concepts and practical problems facing the appraisal and real estate industries. This manuscript competition was underwritten by the Society of Real Estate Appraisers (SREA) Foundation (later renamed the Society of Real Estate Appraisers Education Trust).

The Appraisal Journal carried on this TREA tradition when it began presenting the Sanders A. Kahn Award in 1993 for articles offering a thought-provoking look at practical problems. In 1997, the Armstrong Award and the Kahn Award were combined to become the Armstrong/Kahn Award. The Appraisal Institute The Appraisal Institute (Institute), headquartered in Chicago, Illinois, is an international association of professional real estate appraisers.[1] It was founded in January 1991 when the American Institute of Real Estate Appraisers (AIREA) and the  Education Trust funds the monetary prize for the Armstrong/Kahn award. The following lists recipients of these distinguished awards. (2)

Armstrong/Kahn Award

2006 James H. Boykin, PhD, MAI, and James A. McLaughlin, JD, "Addressing Enhancement in Conservation Easement easement, in law, the right to use the land of another for a specified purpose, as distinguished from the right to possess that land. If the easement benefits the holder personally and is not associated with any land he owns, it is an easement in gross (e.g.  Appraisals," The Appraisal Journal (Summer 2006): 239-249.

2005 Richard L. Parli, MAI, "Disassembling Assemblage," The Appraisal Journal (Summer 2005): 296-304.

2004 David C. Lennhoff, MAI, SRA SrA
abbr.
senior airman
, and Richard L. Parli, MAI, "A Higher and Better Definition," The Appraisal Journal (Winter 2004): 45-49.

2003 William Weaver William Fense Weaver (born 24 July, 1923) is considered the preeminent living English language translator of Italian literature. Biography
William Weaver is perhaps best known for his translations of the work of Umberto Eco and Italo Calvino, but he has translated many
, PhD, and Stuart Michelson, PhD, "A Practical Tool to Assist in Analyzing Risk Associated with Income Capitalization Approach Valuation or Investment Analysis," The Appraisal Journal (October 2003): 335-344.

2002 David Rothermich, MAI, "Partitioning Real Property," The Appraisal Journal (July 2002): 283-290.

2001 William N. Kinnard, Jr., PhD, MAI, Elaine M. Worzala, PhD, and Dan L. Swango, PhD, MAI, "Intangible Assets in an Operating First-Class Downtown Hotel," The Appraisal Journal (January 2001): 68-83.

2000 Bryan L. Goddard, MAI, "The Power of Computer Graphics for Comparative Analysis," The Appraisal Journal (April 2000): 134-141; and "Graphics Improve the Analysis of Income Data," The Appraisal Journal (October 2000): 388-394.

1999 Douglas McKnight, "A Practical Guide to Evaluating the Functional Utility of Warehouses," The Appraisal Journal (January 1999): 29-36.

1998 Robert W. Owens, PhD, "How Business Enterprise Value Applies to Nearly All Appraisals," The Appraisal Journal (April 1998): 117-125.

1997 Robert W. Hoyt, PhD, MAI, SRA, and Robert J. Aalberts, JD, "New Requirements for the Appraisal Expert Witness," The Appraisal Journal (October 1997): 342-349.

Armstrong and Kahn Awards

1996 Armstrong Award Eric T. Reenstierna, MAI, "Risk Assessment," The Appraisal Journal (July 1996): 388-294.

Kahn Award Richard J. Roddewig, MAI, "Stigma, Environmental Risk, and Property Value: 10 Critical Inquiries," The Appraisal Journal (October 1996): 375-387.

1995 Armstrong Award Emil E. Malizia, PhD, and Robin A. Howarth, "Clarifying the Structure and Advancing the Practice of Real Estate Market Analysis," The Appraisal Journal (January 1995): 60-68.

Kahn Award James Crookham, SRA, "Sales Comparison Approach The sales comparison approach (SCA) is one of the three major groupings of valuation methods, called the three approaches to value, commonly used in real estate appraisal. : Revisited," The Appraisal Journal (April 1995): 177-181.

1994 Armstrong Award Ranney Ramsey, MAI, "Retail Sale Data and the Evaluation of Major Retail Centers," The Appraisal Journal (October 1994): 497-506.

Kahn Award Mark Rattermann, MAI, SRA, "Consistency Problems in Residential Appraisals," The Appraisal Journal (October 1994): 518-524.

1993 Armstrong Award Phillip S. Mitchell, PhD, MAI, "The Evolving Appraisal Paradigm," The Appraisal Journal (April 1993): 189-197.

Kahn Award McCloud B. Hodges, Jr., MAI, SREA, "Three Approaches?" The Appraisal Journal (October 1993): 553-564.

Armstrong Award

1992 George R. Karvel, PhD, and Peter J. Patchin, MAI, "The Business Value of Super-Regional Shopping Centers and Malls," The Appraisal Journal (October 1992): 453-462.

1991 John D. Dorchester, Jr., MAI, "Environmental Pollution: Valuation in a Changing World," The Appraisal Journal (July 1991): 289-302.

1990 David M. Bradley, MAI, "The Laws of Real Estate Dynamics," The Appraisal Journal (July 1990): 314-323.

1989 Robert C. Mason, MAI, "Discount Rate Derivation," The Appraisal Journal (January 1989): 79-87.

Armstrong and SREA Education Trust Awards

1988 Armstrong Award Stephen F. Fanning, MAI, and Jody Winslow, MAI, "Guidelines for Defining the Scope of Market Analysis in Appraisal Assignments," The Appraisal Journal (October 1988): 466-476.

SREA Education Trust Award Peter D. Armfield, MAI, SRA, "Should There be an Alternative to the Demonstration Report?" The Real Estate Appraiser & Analyst (Summer 1989): 4-8.

1987 Armstrong Award John R. White, MAI, "The Real Estate Appraiser--The Elusive Goal of Professionalism," The Appraisal Journal (July 1987): 325-377, (October 1987): 534 (erratum [Latin, Error.] The term used in the Latin formula for the assignment of mistakes made in a case.

After reviewing a case, if a judge decides that there was no error, he or she indicates so by replying, "In nollo est erratum
); and "Profile of the Modern Appraiser," The Appraisal Journal (October 1987): 485-513.

SREA Education Trust Award Mark Lee Levine, PhD, MAI, "Errors and Omissions errors and omissions n. short-hand for malpractice insurance which gives physicians, attorneys, architects, accountants and other professionals coverage for claims by patients and clients for alleged professional errors and omissions which amount to negligence.  Insurance: The Appraiser's Friend or Foe?" The Real Estate Appraiser & Analyst (Summer 1987): 10-14.

1986 Armstrong Award John H. Miller III, and Richard M. Betts, MAI, "The Impact of Securitization Securitization

The process of creating a financial instrument by combining other financial assets and then marketing them to investors.

Notes:
Mortgage backed securities are a perfect example of securitization.

May also be spelled as "securitisation.
 on Real Estate Appraisal," The Appraisal Journal (October 1986): 524-531.

SREA Education Trust Award [Two winners]

Thomas A. Dorsey, SREA, "Ethics, Appraisal Standards, and Client Relationships," The Real Estate Appraiser & Analyst (Fall/Winter 1987): 22-25.

David B. Hatcher, "A Speech Delivered Saturday October 17, 2015," The Real Estate Appraiser & Analyst (Fall/Winter 1987): 26-30.

1985 Armstrong Award James R. DeLisle, PhD, "The Interactive Design/Marketing Mode in Determining Highest and Best Use," The Appraisal Journal (July 1985): 325-339.

1984 Armstrong Award Jared Shlaes, MAI, "The Market in Market Value," The Appraisal Journal (October 1984): 494-518.

SREA Foundation Award Max J. Derbes, Jr., MAI, SREA, "The Office and the Appraiser," The Real Estate Appraiser & Analyst (Winter 1984): 9-16.

Armstrong Award

1983 David S. Kirk and David A. Smith David A. Smith may refer to:
  • David A. Smith (computer scientist) (b. 1957), American computer scientist and entrepreneur
  • David A. Smith (Mormon) (1879–1952), leader in The Church of Jesus Christ of Latter-day Saints
, "Using the Reversion/Shelter Approach to Appraise appraise v. to professionally evaluate the value of property including real estate, jewelry, antique furniture, securities, or in certain cases the loss of value (or cost of replacement) due to damage.  Subsidized Housing," The Appraisal Journal (July 1983): 326-345.

1982 Brian Goodheim, MAI, "The Decision-Tree Payoff: A Graphic Approach to Highest and Best Use," The Appraisal Journal (October 1982): 522-530.

1981 Max J. Derbes, Jr., MAI, SREA, "Highest and Best Use--What Is It? The Appraisal Journal (April 1981): 166-178.

1980 James E. Gibbons, MAI, SREA, "Equity Yield," The Appraisal Journal (January 1980): 31-55.

1979 Donald J. Valachi, PhD, "The Tax-Deferred Exchange: Some Planning Considerations," The Appraisal Journal (January 1979): 76-85.

1978 John Robert White, MAI, and Peter F. Spies, MAI, SRPA SRPA Senior Real Property Appraiser (Appraisal Institute)
SRPA Snake River Plain Aquifer
SRPA Sala de Recuperação Pós-anestésica
SRPA Special Registration Plate Account (license plate fund, North Carolina) 
, "Towards Universally Acceptable Semantics," The Appraisal Journal (January 1978): 67-68.

1977 Paul F. Wendt, PhD, MAI, "Inflation and the Real Estate Investor," The Appraisal Journal (July 1977): 343-355.

1976 James H. Boykin, PhD, MAI, SRPA, "Real Estate Appraisal in the American Colonial Era," The Appraisal Journal (July 1976): 361-374.

1975 James E. Gibbons, MAI, and Stephen Rushmore, MAI, "Using Total Project Analysis to Compete for Investment Capital," The Appraisal Journal (October 1975): 491-516.

1974 Samuel M. Dix, "Real Estate and Machinery--The Market Value Problem," The Appraisal Journal (July 1974): 421-428.

1973 J. Thomas Montgomery, MAI, "The Appraiser's Dilemma-Wedding Investor Motivations to Appraisal Techniques," The Appraisal Journal (October 1973): 464-475.

1972 John Robert White, MAI, "Values and Valuation Techniques in the Seventies," The Appraisal Journal (October 1972): 545-555.

1971 R.A. Stuart Miller, MAI, and James C. Kafes, MAI, "Mortgage Participation: Effects on Real Estate Investments," The Appraisal Journal (April 1971): 178-193.

1970 James E. Gibbons, MAI, "Impact of Yields on Value," The Appraisal Journal (October 1970): 495-509.

1969 George Stauss, MAI, "The Effect of Tax on Yield and Value," The Appraisal Journal (July 1969): 386-393.

1968 Anthony Downs, PhD, "Alternative Futures for the American Ghetto," The Appraisal Journal (October 1968): 486-531.

1967 William J. Randall William J. Randall is a former member of the United States House of Representatives. He was a member of the Democratic Party from Missouri.

Randall was born in Independence, Missouri on July 16, 1909.
, MAI, "Mobile Home Subdivisions," The Appraisal Journal (July 1967): 361-373.

1966 William H. Crouch, MAI, "A Perspective Look at Highest and Best Use," The Appraisal Journal (April 1966): 166-176.

1965 George E. Wells, "Financing Nursing Homes," The Appraisal Journal (July 1965): 391-432.

1964 Jay C. Troxel, MAI, "To Market, To Market ..." The Appraisal Journal (April 1964): 177-182.

1963 John P. Wilcox, PhD, "Valuation of Leasehold Interest Under Law of Eminent Domain eminent domain, the right of a government to force the owner of private property sell it if it is needed for a public use. The right is based on the doctrine that a sovereign state has dominion over all lands and buildings within its borders, which has its origins in ," The Appraisal Journal (October 1963): 453-471.

SREA Foundation Award William L. Pittenger, MAI, SREA, "Time/Value Relationships in Development Projects," The Real Estate Appraiser & Analyst (Winter 1986): 33-41.

(1.) See also L. W. Ellwood's article "Memories of 'Bob' Armstrong" in this issue of The Appraisal Journal.

(2.) Note that in The Real Estate Appraiser & Analyst the award-winning articles sometimes were published in the year following their selection as winners.
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Publication:Appraisal Journal
Article Type:Awards list
Geographic Code:1USA
Date:Mar 22, 2007
Words:1382
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