Clay M. Dodd, MAI, joined the firm in September of 1992 and became a principal in 2001. Mr. Dodd holds a Bachelor of Science degree from St. Cloud State University; with a major in Industrial Technology (Building Construction emphasis), and a minor in Management & Finance (Commercial Real Estate emphasis). His appraisal and consulting experience includes a wide range of industrial, commercial and investment properties.

Among his specialties include the appraisal of large agri-business processing plants.  Past assignments include wheat flour mills (hard, soft and durum), oat mills, dry corn mills, specialty mills, barley malt plants, soybean crushing plant, formula feed mills, seed plants and all types of grain elevators (country, rail terminal, river and port).  Other agri-business experience includes food processing plants, cereal plants, dry pasta plants, vegetable processing plants and meat packing plants.  As part of his ongoing practice, Mr. Dodd continually stays abreast of current trends and developments throughout the agri-business industry.

Several past assignments have involved whole-plant appraisals, whereby the value of the entire operating plant is estimated and then allocated between the real property and the fixed machinery & equipment.  In addition to his concentration in the agri-business and food sectors, Mr. Dodd has appraised a number of other specialized manufacturing plants as well as general industrial facilities.

Mr. Dodd has completed assignments for litigation support, financing, acquisition/disposal, estate planning, financial reporting and purchase price allocation. He has served as an expert witness in numerous legal proceedings. Review assignments have been completed for mortgage underwriting, litigation support and federally related acquisitions.

Mr. Dodd currently serves on the City of Bloomington's Local Board of Appeal and Equalization, and previously served as a board member and President of the Northstar Chapter of the Appraisal Institute.  He also serves nationally on the Appraisal Institute's Valuation for Financial Reporting (VFR) project team.  Mr. Dodd was a contributing author to the Appraising Industrial Properties text book, published by the Appraisal Institute (2005), writing on the subject of grain elevators.

Contact: Clay M. Dodd, MAI

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