Mr.
Hedden is a Director in Houlihan Lokey’s Financial and Valuation Advisory business.
His primary responsibilities include providing valuation and real estate
consulting services relating to litigation support, dispute resolution, and
expert testimony. Mr. Hedden is based in the firm’s New York office.
Mr.
Hedden has extensive experience in the valuation of investment and user-based
specialized real estate and real estate-related enterprises. He has over 40
years of experience in all aspects of market analysis and valuation, including
industrial, commercial, residential, and special purpose properties. He has
developed broad experience in the valuation of properties with detrimental
conditions and is a recognized expert in the valuation of property suffering
from environmental contamination.
Mr.
Hedden has appraised properties in many U.S. states for purposes that have
included ownership interests, condemnation, property tax, financing, purchase
or sale, insurance, rental, tax reporting, and donation. Advisory services
performed by Mr. Hedden have included appraisal review, market research,
appraisal management, and transaction analysis.
Mr.
Hedden has significant expert testimony experience and has appeared before U.S.
District Courts, U.S. Bankruptcy Court, the Superior Court of New Jersey, the
New Jersey State Tax Court, and various arbitration/mediation panels.
Before
joining Houlihan Lokey, Mr. Hedden served as a Managing Director at FTI
Consulting’s Real Estate Solutions Group. Earlier, he served as a Managing
Director at American Appraisal Associates, Director at CBIZ Valuation Group,
and President of Realty Economics Group.
Mr.
Hedden received a B.S. from the University of Bridgeport and a Master of City
and Regional Planning (MCRP) from Rutgers University. He is a Member of the
Appraisal Institute, a Counselor of Real Estate from the National Association
of Realtors, and a Fellow in the Royal Institution of Chartered Surveyors. Mr.
Hedden has been an instructor of advanced valuation and market analysis courses
for the Appraisal Institute as well as a frequent author and lecturer.
He has
held a New Jersey Real Estate Brokers License since 1978.