Tony Lesicka

Tony Lesicka, MAI is a principal and co-founding member of St. Paul, MN based Insight Realty Advisors, Inc., a commercial real estate valuation and consulting firm. Prior to co-founding Insight, Mr. Lesicka was the Chief Appraiser for Stillwater, MN-based Central Bank. Mr. Lesicka began his appraisal career as a fee appraiser. He has also worked as an in-house valuation expert for a major commercial property developer, and as an underwriter for a lender specializing in multifamily and seniors housing loans. Prior to joining Central Bank, he set up and managed the appraisal review department for another bank in the Twin Cities.

Mr. Lesicka has written articles for various industry publications, and is a frequent presenter of appraisal review-related seminars for various trade groups in the Twin Cities area. He also has served as an officer and member of the Board of Directors of his local Appraisal Institute chapter.He is co-author of the recent book Real Estate Appraisal Practice: A Collection of Examples which can be found at

How Many Ways Can You Support Adjustments in Your Appraisals? – Part 3

Wednesday, January 22, 2014

Over the past few weeks, we've released a couple examples from our book "Real Estate Appraisal Practice: A Collection of Examples" ( which showcases examples of real world quantitative solutions to unique and common appraisal problems. In the first two postings, we showed both a cost- and a rent-based method for supporting an office finish adjustment for industrial properties in a sales comparison approach.

How Many Ways Can You Support Adjustments in Your Appraisals?

Wednesday, December 11, 2013

Having spent the past few years being the Chief Appraiser for a bank that, by the time I left, had acquired seven failed banks from the FDIC during the credit crisis, I started becoming a collector. Of course you can imagine the types of appraisals that had been engaged by the failed banks, but more importantly, I was able to work with some of the best appraisers in our market areas doing new appraisals trying to figure out the crazy real estate deals that these banks had done.