APTC Client Seminar

Emi Adachi is a Managing Director Global Head of Investment Research at Heitman. She is an equity owner of the firm. Emi leads the North American and Asia-Pacific research teams, overseeing strategy development and underwriting for all private equity and debt investments. She sits on the firm's North American Private Equity Investment Committee and North American Valuation Committee. Additionally, Emi analyzes demographic and technological trends and their impact on real estate investment strategy and portfolio construction.

Justin Gohn, MAI, SRA, founded Gohn & Company in 2006, a full-service appraisal firm providing appraisal and consulting services for litigation support and bank lending purposes throughout the greater Philadelphia market. Based in Chadd Ford in the Philadelphia suburbs, Gohn serves as the 2025 president of the Philadelphia Metropolitan Chapter of the Appraisal Institute. A graduate of Temple University, he frequently presents both in-person and virtually across the country on the topic of artificial intelligence and its applications in real estate valuation. His firm specializes in complex valuation assignments and expert testimony for the legal and financial communities in the Philadelphia region.

David Lennhoff is a principal with Lennhoff Real Estate Consulting, LLC, which is officed in Gaithersburg, Maryland. His practice centers on litigation valuation and expert testimony relating to appraisal methodology, USPAP, and allocating assets of a going concern. He has taught nationally and internationally for the Appraisal Institute. International presentations have been in Tokyo, Japan; Beijing and Shanghai, China; Berlin, Germany; Seoul, South Korea; and Mexico City, Mexico. He has been a development team member for numerous Appraisal Institute courses and seminars and was editor of its Capitalization Theory and Techniques Study Guide, 3rd ed. He was the lead developer for the Institute's asset allocation course, Fundamentals of Separating Real and Personal Property from Intangible Business Assets, and edited the two accompanying business enterprise value anthologies. He also authored the Small Hotel/Motel Valuation seminar.

Mary O'Connor is Principal, Forensics and Valuation Services of Sikich LLP, a national accounting and advisory firm. She has worked exclusively in the field of valuation since 1979 specializing in business valuation and the appraisal of intangible assets for litigation and corporate transactions with special focus in property tax. She has provided consulting and expert witness testimony in Federal, State and local jurisdictions (including US Tax Court, Delaware Chancery and Property Tax Appeal Boards) nationally in a wide range of complex property tax cases for hotels, senior living centers, big box stores, manufacturing, theatres, healthcare facilities, mining and agribusiness properties. Prominent tax appeal cases include the Glendale Hilton, the JW Marriott at LA Live (OGP), SHC Half Moon Bay, DFS duty-free shopping at San Francisco Airport, Omni La Costa Resort, Disney Yacht & Beach Club, and the Desert Regional Hospital.

Siegel Jennings
Pennsylvania (Western)

Greenberg Traurig
California

Elias, Books, Brown & Nelson
Oklahoma