Profile

Mr. Douglas Hodge, ARA

Sr. Appraiser,
Farmers National Company

Contact Details

Farmers National Company
2343 Fish Lake Rd
Lapeer, MI
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Mobile: (810) 516-5339

Area of Expertise

  • Expertise in food processing facilities, livestock, grain elevators, eminent domain and litigation, aggregate properties, permanent plantings and appraisal review both domestic and internationally. Available for fee assignments globally.

Bio

Doug Hodge grew up on a dairy farm in rural Sanilac County, Michigan and owned and operated a 280 acre, 50 cow dairy before obtaining a BS - Finance from Ferris State University in 1983. He began his appraisal career in 1983, working for the Federal Land Bank Association of Caro, Michigan as a loan officer/appraiser serving the Thumb region of the state. In 1985 he joined Doane Farm Management as a regional appraiser out of the DeKalb, Illinois office and completed appraisals throughout the Midwest. Beginning in 1985, after moving back to Michigan, he became a self employed appraiser forming Hodge Appraisal Group until 1989 when he joined the staff of Trerice Tosto in Birmingham, Michigan as a staff appraiser, completing commercial, industrial and related property appraisals, primarily in Michigan. In 1991 he formed Capstone Realty Resources in Lapeer, Michigan and employed a staff of up to 15, performing appraisals on all types of properties, specializing in agricultural and agri-business properties throughout the US as well as other specialty properties including feed mills, flour mills, food processing plants, and large livestock operations for many purposes including financing, litigation and related purposes. Doug sold Capstone to Farmers National Co. in 2007 and became the Eastern District appraisal manager for FNC, managing several appraisal offices for FNC in the eastern region of the US. In 2012, he joined TIAA-CREF as the Sr. Reviewer for TIAA's global agricultural portfolio, eventually overseeing the appraisal of over $7 billion of agricultural assets around the world. He was named VP - Appraisal Services of Nuveen Asset Management, a TIAA company, in 2016. Leaving Nuveen in 2017 he rejoined Farmers National Co. as a Sr. Appraiser and is responsible for marketing and business development as well as completing appraisals on a variety of assignments. He holds the ARA designation from the ASFMRA, the MAI designation from the Appraisal Institute, the CCIM designation from NAR and is a MRICS member of the Royal Institute of Chartered Surveyors. He has served on numerous committees in the local ASFMRA chapter, the Great Lakes Chapter of the AI and has also served his community as a member of the Lapeer County Road Commission for 12 years and a member of several planning commissions. He was awarded the Buck Stalcup Excellence in Education Award in 2016 by the ASFMRA and also received the ASFMRA/Rabo Agrifinance Appraisal Professional of the Year aware in 2016. He currently serves as the District III Vice President of the ASFMRA and is an instructor for ASFMRA. Doug and his wife June own and operate a organic flour mill and farm in Lapeer, Michigan.

Primary Occupation

  • Appraiser

Disciplines

  • Appraiser