Principal, Norris Realty Advisors
Steven R. Norris, MAI, CRE ‐ majored in Economics at UCLA and subsequently became a member of the Appraisal Institute, Counselors of Real Estate, and member of the Royal Institution of Chartered Surveyors. For the past 18 years he has been the principal of Norris Realty Advisors, a commercial real estate valuation and consulting firm. The firm provides both valuation and advisory services to a wide variety of clients, including consulting for mortgage financing purposes, pension fund advisors, insurance companies, governmental agencies, high net worth trust and estate valuation, as well as expert witness and taxation issues. The firm has also been involved in a number of highly complex and unusual valuation assignments, with a specialization in forensic valuation, litigation support, right‐of‐way, and infrastructure consulting.
Mr. Norris is a Counselor of Real Estate, which is a select international membership organization of approximately 1,000 top real estate leaders who provide intelligent, unbiased, and trusted real estate advice on the most complex and challenging public and investment real estate issues facing their clients.
Mr. Norris has also been called on to provide expert deposition, testimony, and arbitration services numerous times for various real estate valuation matters. He is currently an instructor with UCLA Extension and the Anderson School, with a specialty in Argus cash flow analysis. He has published a number of articles and papers on various appraisal and counseling matters. Past service on the National Ethics Committee and National Education Committee of the Counselors of Real Estate, as well as service as Board Member and President (2015) of the Southern California Chapter of the Appraisal Institute.
Mr. Norris has also served on the Standards Setting Committee of the International Ethics Standards Coalition (IESC). The IES Coalition gathered for its first meeting at the United Nations in New York, October 2014. While numerous professional organizations have based their standards on common principles such as integrity, transparency and trustworthiness, there is no over‐arching standard to which all land, property, construction, infrastructure and related professional organizations can subscribe. The global Coalition has now published the International Ethics Standards, which consists of high level principles which will be implemented by Coalition organizations worldwide, thus providing greater consistency to users of professional services.