H. Blair Kincer, MAI, CRE (LEED)
H. Blair Kincer is a partner in the metro Washington, D.C., office of Novogradac in the company’s government consulting and valuation advisory services (GoVal) group. Mr. Kincer specializes in four primary practice areas: market analysis and appraisal of various types of mixed-income and affordable housing properties, new markets tax credit (NMTC) industry consulting, historic tax credit (HTC) industry consulting, and market analysis and appraisal in the renewable energy industry. The real estate appraisal practice has specialized competencies in all value aspects surrounding Internal Revenue Code Section 42 development, the U.S. Department of Housing and Urban Development (HUD) MAP program, HUD rent comparability studies and valuation of all tangible and intangible assets involved in affordable housing development. Further, Mr. Kincer has worked on many low-income housing tax credit Year 15 and disposition analyses, including GP and LP interest valuations and qualified contract analyses. In the HTC and NMTC arena, Mr. Kincer specializes in various analyses involving evaluating debt and real and financial asset value/appraisal questions. Further, the appraisal of commercial real estate assets involved in NMTC and or HTC redevelopment is an area of significant experience. His experience in the renewable energy industry includes solar and wind-generation facility appraisals and impact analyses of renewable energy services provided to affordable housing. Mr. Kincer, a certified LEED Green Associate, brings to his practice a broad understanding of green building technologies, best practices and the LEED Rating System. Mr. Kincer is also a member for the Counselors of Real Estate and of the Appraisal Institute. Before joining Novogradac, Mr. Kincer was vice president of acquisitions for a regional developer, where he specialized in financial and economic feasibility analysis. His responsibilities included finding and processing potential acquisitions for rehabilitation using tax credit and tax-exempt bond financing. Mr. Kincer served as a manager with Ernst & Young LLP, where he performed portfolio valuations, market analysis and loan pool performance reviews. His areas of specialization included portfolio review, retail and hospitality. Mr. Kincer received his bachelor’s degree from West Virginia University and his master’s degree from Duquesne University. He is a member of the Appraisal Institute and a certified general appraiser in approximately 15 states.