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Frank E. Schmidt, MAI, SRA Matthew D. Watson, MAI
Carmen Yepez
Wayne F. Prescott, MAI, CCIM

Dear Clients, Colleagues, and Friends:

After over 25 years of operation, Frank and Wayne have decided to non-renew our lease, and forgo other contractual obligations, by closing our office and melding our operation into a firm with similar ethical and quality standards, Carneghi-Nakasako & Associates.

Carneghi-Nakasako + Associates
1602 The Alameda, Suite 103
San Jose, CA 95126

Frank Schmidt, MAI, SRAExt. 107frank@cnaappraisal.comCell: (510)468-9219
Wayne Prescott, MAI, CCIMExt. 108wayne@cnaappraisal.comCell: (408)891-1956
Mathew Watson, MAIExt. 106matt@cnaappraisal.comCell: (408)218-1118

This transition will enable us to continue to serve our clients, and facilitate a transfer of those clients to capable hands in the future, without the obligations associated with ownership and management. Our entire focus will be to serve our clients, whose confidence and trust over the years will not be soon forgotten.

The Principals in Carneghi-Nakasako & Associates are Brad Carneghi, MAI, and Rick Nakasako, MAI. Carneghi-Nakasako & Associates is the successor company to Carneghi and Partners, Inc. When Carneghi and Partners downsized after 30+ years, CNA formed, staffed by the former firm's most experienced South Bay appraisers. The staff of Carneghi-Nakasako & Associates has performed thousands of appraisals with a combined value in the billions of dollars. They have experience appraising all property types in most northern California markets. Their experienced team of professionals provides credible, timely, and reliable response to the needs of their clients.

To our clients, Thank You for the years of trust you have placed with us. You have our assurance that your trust will not be misplaced going forward.

To our colleagues, we look forward to continued success of all in the commercial property valuation field.

To our friends (many who fit into the categories above) we look forward to sharing good times with you for many years to come.

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