Appraisals

        For the past 15 years and more, Kirkpatrick & Company has developed the reputation as the country’s most competent and experienced appraiser of equine-related properties—from highly-developed horse farms to rural residential properties and vacant land.

     From California to New York to Florida and points in between, Kirkpatrick & Company has numerous satisfied customers, not only among the ranks of major lenders, but attorneys, accounting firms, government agencies and private clients, as well.

QUALIFICATIONS

Arnold Kirkpatrick
Licensed Real Estate Broker in Kentucky, Florida & New York
Kentucky Certified General Appraiser #646

President--Kirkpatrick & Company (1984-present)

            Brokerage, appraisal and management consulting for horse farms and equine operations, including  farms, race tracks and support industries.  Clients included Kentucky Economic Development Corp.,  Assoc. of Racing Commissioners, University of Kentucky, Fifth Third Bank, National City Bank, PNC Bank, Mellon Bank, BankOne, Colorado State U., American Association of Equine Practitioners; and Blandford Park Stud, Breeders' Agency of Australasia and Westpac Bank (Australia).

Real Estate Broker and Appraiser--(1984-present)

   Broker, licensed in:  Kentucky (#143431), Florida (#BK-3004036), and New York (#656783)

   Kentucky Certified General Real Property Appraiser #646

   Member of Lexington, Kentucky and U.S. Boards of Realtors

   Associate Member       --American Society of Farm Managers & Rural Appraisers

   Appraisal Institute courses successfully completed include:

       1A1--Real Estate Appraisal Principles        SPP--Standards of Professional Practice

       1A2--Basic Valuation Procedures              1BA&B--Capitalization Theory and  

                                                                                     Techniques Part A & B

Arbitrator--Nominated by American Horse Council to 

                   Equine Arbitration Panel of the American Arbitration Association

Author/Editor—Author of Investing in Thoroughbreds; co-author of Successful

                        Thoroughbred Investment In A Changing Market; former Editor of The

                        Thoroughbred Record; author of numerous articles for Thoroughbred and

                        general publications throughout the world.  Winner of Eclipse Award for

                        outstanding magazine writing for the Thoroughbred industry, 1983.

President--Kentucky Jockey Club, operating company for Latonia Race Course (1981-84)

Executive Vice-President--Spendthrift Farm.  (1980-84)

Director of Racing Advisory Committee--American Horse Council (1976-1980)

OFFICES, DIRECTORSHIPS, PROFESSIONAL MEMBERSHIPS, ETC.

     President -- Thoroughbred Club of America (2003-04), Officer/Director (1974-75/1994-96)

     Charter President--American Horse Publications (1970-71)

     Director--The HOPE Center (1993-Present)

     Director--Bethlehem Farm 

     Director/Secretary-Treasurer--Thoroughbred Club of America (1994-96/1974)

     Director--Thoroughbred Racing Associations of North America (TRA) (1981-84)

     Director--Australian Breeders Co-Operative Society (1987-88)

     President--Friends of the Equine (1985-88)/Trustee--Morris Animal Found. (1981-84)

     President--Central Kentucky Riding for the Handicapped (1982-84)

     Charter Member--Thoroughbred Agents & Consultants Association (1984-85)