KATS M & E

Name: KATS M & E
Address: Louisville, KY, US
Telephone: +18554664200

Commercial / Industrial Machinery and Equipment valuation services and consulting for commercial len Machinery and equipment valuations.

Our core services are as follows:

Appraisal
*All Assets of a Business (s)
*Specific Bundle of Assets
*Individual Machines
*Inventory

Appraisal Review
*USPAP Compliance
*Opinion of Value
*Peer Review

Multidisciplinary Valuation Management
*Team Leadership

Cost Segregation
*Personal Property
*Land Improvements

Each of these services are performed according to the Intended Us

e and Intended Users identified within the approved Scope of Work

USPAP Compliance
All appraisals completed by KATS M & E, LLC comply with the Uniform Standards of Professional Appraisal Practice (most recent edition effective January 1, 2016). Authorized by the US Congress, USPAP is issued by the Appraisal Foundation to provide standards for developing and communicating appraisals within the United States.

12/22/2017

Quick note to say Merry Christmas and keep you up-to-date with KATS M & E

30% Growth is pretty strong, right? I think we all agree this rate, if sustained, represents significant market strength. KATS M & E has sustained this growth for two consecutive years, within a wide spread of industrial / commercial markets. Our clientele continue to be a healthy mix of commercial bankers, accountants and attorneys -- It is because of your faith in us to deliver a quality service we owe this success.

Brief note to catch you up on a couple key events for us in 2017:

Joel Gonia, received the professional appraisal accreditation for Appraisal Review & Management (ARM), representing his 2nd accreditation. He has been a senior member of the American Society of Appraisers since 1989 and is currently serving on two international committees, and provides seminars and speaking engagements for the ASA. We have been providing appraisal review services for several years, so this additional training is well timed. He also married this summer and now has kids in the house once again. He and his wonderful wife, Ruth, started a family farm and raise bees together. With all the activity, we don't see much of Joel at the office!!

Brandon Keel joined our firm and is based out of Nashville, TN. Brandon has an extensive manufacturing background and has begun education and training to become an accredited appraiser with the American Society of Appraisers. He is also marketing in Nashville, Knoxville and Atlanta areas.

Michael Gonia and is wife have become empty nesters, got the bug and are buying an RV. No worries, with a satellite antenna and cell coverage, he won't miss a single call!

New USPAP becomes effective January 1 so we have all been taking update classes and preparing for the changes. A few of the changes are significant and have required us to modify our Scope of Work and corresponding appraisal report format.

Our niche remains middle-market jobs with asset costs of $5 - $50 million. We completed over 100 projects in 2017 with aggregate value in excess of $2 billion.

We appreciate the relationships we have with our base, many beyond 20 years. We appreciate your direct business and indirect referrals. THANK YOU for a great year!

From our family to yours, we wish you a Merry Christmas and hope you have a wonderful Holiday Season.

Joel

06/06/2017

Attending the ASA Equipment Valuation Conference in Cleveland - Great opportunity for networking and continuing education. Really good to see old friends.

04/26/2017

Good to be busy! Mining equipment, CNC Machines, Food Processing, Medical Equipment, Construction Equipment - and that's just this week !!

02/07/2017

KATS M&E in Sugar Creek, Ohio today - whether 15,000 pph or handmade, the quality and craftsmanship commonly associated with the Amish community are AWESOME !!

11/17/2016

Attending SBA Lending Conference in Bowling Green !! Beautiful day for marketing on a golf course

11/02/2016

Recent projects including a Coal Terminal on the Ohio River, Metalworking shop in Missouri, Sheet Metal fabrication in Kentucky, Equipment Rental business in Ohio

09/09/2016

Annual ASA International Appraisal Conference in Boca Raton, FL. -- 20 hours CE credit, fellowship with peers, beautiful location. Joel Gonia is hosting one of the break-out sessions within the Machinery Technical Specialties discipline and attending Appraisal Review sessions. Also time well spent within both MTS and ARM committees planning for strategic growth and education.

08/24/2016

Marketing for this Fall begins today !! Majority of our clients are directly related to commercial lending and M & A activities -- Now that the kids are back in school and vacations behind us, it's time to go back to eork !! 27 appointments in 4 states ovet the next three weeks :))

08/17/2016

USPAP Compliance -- Revising narrative reports to comply with further USPAP changes is a process I repeat 2 - 3 times a year. USPAP is officially modified, updated and published every 2 years, most recent January 1, 2016. But subsequent Advisory Opinions and other commentary require review of internal reporting for continued compliance. To remain efficient, we have templates for each different intended use, i e Financial Reporting or Commercial Lending, etc.. then modify the report to represent specific project parameters.

USPAP is now requiring us to further address the extent of research, disclose our application of value analyses, and discuss how we derived our conclusion of value for significant assets. Our 20 page report of 3 years ago is now almost 40, with little boiler plate. The intent is for the intended user to understand how the appraiser reached his conclusions, and not mislead

Although continued refinement is usually a good thing, from the Appraisal Review perspective very few reports recently reviewed are in compliance. And of course no one is happy when the original appraisal gets kicked back. Don't shoot the messenger !!

Compliance with USPAP is required when either the service or the appraiser is obligated to comply by law or regulation, or by agreement with the client or intended users. The appraiser’s responsibility is to protect the overall public trust and it is the importance of the role of the appraiser that places ethical obligations on those who serve in this capacity. An individual should comply any time that individual represents himself that he or she is performing the service of an appraiser. Thus an ethical obligation to comply with USPAP is created by choice, that is, by choosing to represent one’s self as an appraiser.

Therefore:
• When required by law, regulation, or agreement an individual must comply with USPAP
• When choosing to represent one’s self as an appraiser an individual should comply with USPAP

Because of my professional accreditation with the American Society of Appraisers, compliance has been mandatory since 1989 when USPAP was first published. USPAP continues to change, yet is the leading authority for valuation professionals within the United States.

07/06/2016

KATS M&E in Reno and Sacramento today!! looking at natural gas storage and distribution facilities

Address

Louisville, KY

Telephone

+18554664200

Website

http://katsme.com/

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