CCU’s Grant Center associate director opened inaugural State of S.C. Appraisal Institute Growth Summit
Salvino began with a discussion of national tax policy reform and its implications for Southern states, particularly referencing changes to the state and local tax deduction, known as the SALT deduction. He discussed economic growth factors and benchmarks for high-growth states in the south, including North and South Carolina, Georgia, and Florida, which compete for new residents migrating from the northeast and upper Midwest. He engaged attendees at the conclusion with a dialogue on labor force challenges and implications for sectors of importance to the real estate economy.
“The Appraisal Institute is one of the most well-respected real estate industry associations in the United States,” Salvino said. “Their emphasis on professional education and best practices is evident in their work, and the Grant Center is pleased to be a part of their first summit in the state of South Carolina.”
The SCAI chapter was excited for Salvino to kick off the event with his “succinct but very informative overview of the South Carolina economy,” said Jody Odom, S.C. chapter public relations chair of the Appraisal Institute. “His presentation provided the perfect springboard for the remaining speakers to discuss a variety of property types.”
Other speakers in attendance presented on a multitude of topics, including the multifamily market, market dynamics and the retail market.
The South Carolina Chapter of the Appraisal Institute has more than 300 professionals practicing in the real estate valuation with over 60 percent holding one or more of its prestigious MAI, SRA, AI-GRS or AI-RRS designations. Globally, the Appraisal Institute has nearly 19,000 people in 60 countries. Its mission is to advance professionalism and ethics, global standards, methodologies, and practices through the professional development of property economics worldwide.
The Grant Center fosters learning and growth in the real estate and economic profession through both professionals and students. As the assistant director, Salvino oversees many of the projects the Grant Center administrates with local businesses. His presentation at the summit correlates to the Grant Center’s goal of professional growth.
The Grant Center for Real Estate and Economic Development serves students and professionals engaged in all facets of real estate and economic development and provides market analysis, study-based scholarships, networking opportunities, internships and technical study tours of international sites.
The Grant Center leverages the global ties to Coastal Carolina University and key partners, including students, alumni, faculty, staff and board members. It offers courses in commercial and investment real estate, publishes scholarly research and produces applied studies for stakeholders in the region. The Center also hosts the annual Economic Growth and Real Estate Summit, provides seminar talks on a regular basis and consults for various private, government and nonprofit groups.
The Center’s key mission is to support the education of its students to the highest levels of competence and professionalism and to broaden the economic base of the region, serving as a bridge between Coastal Carolina University and the wider community.