Member Details

Mr. Steven N. Siegler

Mr. Steven N. Siegler, ASA, ARM


Appraisal Review & Management

Equity Development Systems, Ltd

1638 Washington Blvd NW
Palm Beach,FL 33480

+1 (866) 887-0852 ext. 701



Steven N. Siegler, ASA, FRICS is a founder and the Executive Managing Director of Equity Development Systems, Ltd. (EDS).  Established in 1986, EDS is a global Valuation, Receivership, Distressed-Asset Management and Dispositions provider and Private-Equity Investment Firm.  Steven is an internationally recognized and accredited valuer, appraisal expert witness, and valuation-related Alternative Dispute Resolution (ADR) specialist/umpire.

Mr. Siegler is a Super Appraiser® Elite-Rated member of the peer-voted Super Appraisers® Global Network of internationally recognized valuers.  He is most often engaged in providing appraisal reviews and appraisal expert-witness testimony and litigation-support services to attorneys and law firms worldwide.  He has personally prevailed in billions of dollars at issue as an appraisal expert witness in U.S. courts, at international tribunals, and in Alternative Dispute Resolution Arbitration/Mediation in some of the world’s most important—high-profile—and valuable valuation-related cases.  

Steven is an Accredited Senior Appraiser and was honored to serve as the founding International Chairman of the Appraisal Review and Management discipline of valuation of the American Society of Appraisers (ASA) from 2002 - 2011.  The ASA is an international organization of appraisal professionals, and it is the oldest and only major appraisal organization representing all of the disciplines of appraisal specialists.  As Chairman, Steven directed the development of the Appraisal Review and Management (ARM) discipline, co-authored its Principals of Valuation series of courses, and served on numerous executive committees of the ASA.  

Additionally, Mr. Siegler is an accredited member of the College of Fellows with the designation of FRICS of the Royal Institution of Chartered Surveyors (RICS).  RICS, with headquarters in London, is the leading organization of its kind in the world for more than 100,000 qualified professionals in commercial and residential valuation, development, construction and project management, brokerage, planning, and finance.  Steven is the only RICS accredited expert witness in the United States of America and all of the Americas, and he is one of only a handful of such expert witnesses in the world holding the much-coveted RICS Expert Witness Accreditation Service (EWAS) and Dispute Resolution Service (DRS) Certifications.

Mr. Siegler pioneered the appraisal review profession and directed the development, writing, and implementation of the appraisal review standards and guidelines and best practices taught to and in use today by professional valuers, legal experts, and government agencies throughout the world.

Steven holds TS Clearance with the U.S. Government and is uniquely qualified to practice before U.S. Government agencies in national security and other sensitive state matters.  The Federal Deposit Insurance Corporation (FDIC) solicited Mr. Siegler to write, implement, and manage the new national appraisal review program for the U.S. Federal Reserve, the FDIC, and all interagency regulators as part of Dodd-Frank.

Mr. Siegler is distinguished by the United States Environmental Protection Agency (USEPA) for his award-winning work for client-secured creditors in connection with the foreclosure and disposition of environmentally impaired real and moveable property, and the USEPA recognizes EDS as the only company of its kind in the country allowed to conduct such services on active Superfund Sites.

Steven served as a member of the Board of Directors of CHEMFIX; an NYSE publicly traded company, and INC. Magazines then the nation’s fastest-growing company.  He was a founder and the largest shareholder of U.S. RealTel, an industry pioneering global cell-tower owner/lessor.  He advises and champions the advancement and accreditation of women-owned businesses worldwide through the Women’s Business Enterprise National Council (WBENC).

American Society of Appraisers, Washington, D.C.
2015 - Present    American Society of Appraisers, International Chapter
2014 - 2018        President, American Society of Appraisers, Chapter 82, Ft. Lauderdale, FL
2002 - 2011        Founding Chairman, Appraisal Review and Management, American Society of Appraisers, Washington, D.C.
2002 - 2003        President, American Society of Appraisers, Harold S. Clark Chapter 69, New Orleans, LA
1997 - Present   Accredited Member/Accredited Senior Appraiser, American Society of Appraisers, Discipline: Appraisal Review and Management, Member No. 029183

Royal Institution of Chartered Surveyors, London, England
2012 - Present    Fellow, Royal Institution of Chartered Surveyors, Member No. 6202906,

            RICS Expert Witness Accreditation Service (EWAS) and Dispute Resolution Services (DRS) Certifications;
            RICS Expert Witness Certifications:
            Expert Witness Commercial Property
            Expert Witness Corporate and Personal Recovery
            Expert Witness Environment
            Expert Witness Plant and Machinery
            Expert Witness Professional Negligence
            Expert Witness Residential Valuation and Reports
            Expert Witness Valuation
            Expert Witness Valuation and Reports

Appraisal Institute, Chicago, IL
2006 - 2010       Appraisal Institute; Associate Member No. 419161

Uniform Standards of Professional Appraisal Practice-USPAP (Current)
Royal Institution of Chartered Surveyors-‘Red Book’ (Current)
Professional Appraisal Ethics, ASA / RICS (Current)

Appraisal Review from a Business Perspective, Appraisal Review from a Personal Property Perspective
Keys to Defensible Reports - Secure from Attacks, USPAP and Litigation, Appraisal Review Mock Trial
The Appraiser as Expert Witness (from the perspective of the Court), Auditability vs. Reviewability:  A Paradigm Shift in Valuation, Appraisal Review in Banking and Finance, Valuing Government Contractors
National USPAP 7-Hour Update, Florida Appraisal Law Update, Property Inspection.


Merck, Pfizer, General Electric, Ally Capital Corporation, INOVA Federal Credit Union, Mellon Bank, Eagle National Bank, Pentech Financial Corporation, Oxford Finance, Signal Capital Corporation, Critical Capital Growth Fund, LP., Blue Equity, LLC., Susquehanna Bank, Tower Acquisition, LLC., U.S. Marshals Service, Orange Blossom Business Center, JGB Bank, Stephen M. Case, Zurich Insurance Co., Progressive Insurance Co., F&M National Bank, ECapital, Great American Life Insurance, 20th Century Fox, U.S. Federal Bureau of Investigation, U.S. Department of Justice / FBI and other U.S. Government Agencies, Capital Crossing, Apex Bank, Capital Crossing.


Client: Blue Equity, LLC
Successfully represented at international arbitration Blue Equity, LLC., a Louisville-based private-equity firm, and its Jamaica-based subsidiary BE TAG Holdings Limited, providing appraisal expert witness testimony and litigation support services in connection with its sale of Shell Oil Jamaica to Rubis Caribbean Holdings, Inc., a subsidiary of French-based Rubis, an international company specialized in the storage, distribution and sale of petroleum, liquefied petroleum gas (LPG), food and chemical products.

Client: Stephen M. Case et al.
Successfully represented Stephen M. Case, co-founder of AOL and former chairman of AOL Time Warner, providing appraisal expert witness-testimony and litigation-support services in connection with the multibillion-dollar lawsuit brought against Mr. Case and other Case family members in his acquisition of Grove Farm, Kauai, Hawaii.

Client: Gianfranco Gobbi
Successfully represented international financier Gianfranco Gobbi with appraisal expert witness-testimony and litigation-support services in connection with valuation-related litigation in Ft. Pierce, FL involving his interests in the Orange Blossom Business Center, St Lucie County’s Premier Business Center. Mr. Siegler’s appraisal expert witness testimony and litigation support services helped successfully resolve complex tax and other valuation-related matters.

Client: Tower Acquisition, LLC
Successfully represented this telecommunications provider providing appraisal expert witness testimony and litigation-support services in connection with the condemnation of its right-of-way for the operation of its 200′ microwave antenna in Herriman, UT.  This action was brought against the company by the City of Herriman as part of The Sorenson Group’s billion-dollar Herriman Towne Center Project.

Client: Ally Capital Corporation
Successfully represented this international leasing company for over eight (8) years providing appraisal expert witness-testimony and litigation support and other professional services in connection with: Biomedical Waste Systems, Inc.; Boston, MA., Bronx, NY., Chelsea, MA., Chester, PA.,
Minneapolis, MN., Houston, TX., Nashville, TN., Norcross, GA., and Kenner, LA., Tri-Star, Inc., Salt Lake City, UT; Profco, Inc., Lafayette, LA., and Bakersfield, CA; Premium Enterprises, Inc., Denver, CO; Pace, Inc., Minneapolis, MN., Tampa, FL., and Kansas City, KS; Bentley Mills, Inc., Los Angeles, CA; Quadrex, Inc., Stuart, FL; National Tire Services, Inc., Tucson, AZ; Portable Energy Products, Inc., Scotts Valley, CA; Micon Equipment, Inc., Phoenix, AZ; Transcolor, Inc., Linthicum, MD., Albany, GA., and Commerce, CA; Prinns Recycling Corp., NY; Environmental Instrument, Inc., Concord and Oakdale, CA; Urethane Technologies, Inc., Santa Ana, CA; Chemfix Technologies, Inc., Metairie, LA - NYSE, Member Board of Directors; Ernst & Young / Audits for Ally Capital Corp., San Francisco, CA; Foam Molders & Specialties, Inc., Cerritos, CA; American Waste Control, Middletown, NY; VenVirotek, Inc., Bakersfield and Arvin, CA; Cyclean, Inc., Indianapolis, IN; Geoclean Environmental, Inc., Bridgeport, CT; ReClaim, Inc., Kearny and Camden, NJ; Consolidated Stainless, Inc., FL.

Client: Critical Capital Growth Fund, LP
Successfully represented this global investment fund, providing appraisal expert witness-testimony, litigation-support services, and divestiture services in connection with Focus Affiliates, Inc., Lincolnshire, IL., the then-largest distributor of cell phones and related telecommunications products in the Midwestern United States.

Client: Signal Capital Corporation
Successfully represented this lender, providing appraisal expert witness-testimony, litigation-support services, and other disposition services in connection with Southern Shipbuilding Corporation, Slidell, LA., a National Priorities List Superfund Site.

Appraisal Review and Management Principals of Valuation:
ARM201 Appraisal Review and Management, Personal Property
ARM202 Appraisal Review and Management, Machinery and Technical Services
ARM203 Appraisal Review and Management, Business Valuation
ARM204 Appraisal Review and Management Overview w/Accreditation Examination



Steven N. Siegler, ASA, FRICS

Executive Managing Director Equity Development Systems, Ltd.

Voice / Facsimile: (866) 887-0852 ext. 701 E-Mail:



Appraisals Over Internet

Does not accept Fee Assignments

Experience as Expert Witness

Experience with IRS Appraisals

Appraisals for personal relationship dissolution

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Currently holds

Designation(s)Discipline Specialty
Appraisal Review & ManagementAppraisal Review & Management

Works in Industries

Auto/Truck Dealerships
Business Services
Cable and Television
Communication Equipment
Computer Companies/Peripherals
Extractive Industries
Financial Institutions
Financial Services
Food - Processing and Bottling
Government Contractors
High - Tech
Insurance Agencies
Insurance Companies
Law Firms
Life Sciences/Bio Tech

Purpose of Appraisals

Purpose of Appraisal
ALL (Business Valuation)
ALL (Personal Property)
ALL (Real Property)
Commercial Damages
Corporate Dissolutions/Shareholder Rights
Corporate Finance Consulting
Corporations and Businesses
Eminent Domain
Fairness Opinions
Family Limited Partnerships
Financial Wealth Management Planning
Government, State and Public Agencies