At a recent Metropolitan New York Chapter of the Appraisal Institute luncheon, Peter Rastetter, senior vice president, Metropolitan Valuation Services, was awarded an MAI designation from the Appraisal Institute, a global organization of professional real estate appraisers and world leader in the profession. Rastetter joins a select group of top real estate appraisers who have completed the rigorous requirements of the MAI designation. These include extensive course work, exams and at least 4,500 hours of specialized experience. According to Steven Schleider, president of Metropolitan Valuation Services, “Peter has shown a dedication to the profession and a willingness to embrace the work we do as commercial property appraisers with intelligence, honesty, circumspection and focus.” Rastetter joined Metropolitan Valuation Services as a trainee, working on new luxury construction projects, then serving as a staff appraiser on the sale of Stuyvesant Town/Peter Cooper Village, Co-op City, Starrett City and numerous other high profile residential assets, growing into the top tier of specialists in the appraisal of multifamily investment properties.
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