Review Appraisal and Land Valuation.
Real property valuation and consulting with local, regional, and international clientele — specializing in appraisal review, quality control, and complex valuation services.
"Appropriate expertise to solve your specific valuation problems."
Our Services
Shepherd Associates LLC serves a focused practice. Select the area most relevant to your engagement.
Review Appraisal
Independent technical and administrative review of appraisal reports for lenders, government agencies, courts, and corporate clients. AI-GRS designated.
Learn moreLand Valuation
Specialized valuation of land of all types — development sites, conservation and easement interests, highest and best use, and feasibility analysis.
Learn moreCommercial Appraisal
Market value opinions for office, retail, industrial, multi-family, special-purpose, and unique commercial properties.
Learn moreEducation & Consulting
AQB-approved USPAP instructor. Courses and seminars for professional organizations; consulting on complex valuation problems.
Learn more
William J.
Pastuszek, Jr.
MAI · SRA · AI-GRS · MRA · ASA
Principal of Shepherd Associates LLC. Former Chairman of the Massachusetts Board of Registration of Real Estate Appraisers and past member of the Appraisal Standards Board of The Appraisal Foundation.
View full CV (PDF)Designations
- MAI — Member, Appraisal Institute
- SRA — Senior Residential Appraiser, AI
- AI-GRS — General Review Specialist, AI
- MRA — Designated Member, MBREA
- ASA — Senior Member, Urban Property
Certifications
- Certified General Appraiser — MA License #10
- Certified General Appraiser — NH NHCG-566
- Certified General Appraiser — RI CGA.0020032
- AQB-Approved USPAP Instructor #10489
Appointments
- Chairman, MA Board of Registration, Real Estate Appraisers (1998–2005)
- Member, Appraisal Standards Board, The Appraisal Foundation (2006–2007)
- Educational Council of the Appraisal Foundation Sponsors (2003–2005)
Honors
- MBREA Appraiser Hall of Fame — Inductee
- William D. Steward Service Award Recipient
- Monthly Columnist, New England Real Estate Journal
A focused, experienced practice.
Shepherd Associates LLC specializes in complex and unique valuation assignments, appraisal review, and litigation support for sophisticated clients.
Property Types
Commercial, industrial, retail, non-profit, institutional, special-purpose, hospitality, medical, automotive, multi-family, residential, development properties, and land of all types.
Assignments
Market value opinions (fee simple, leased fee, leasehold), highest and best use, feasibility, contamination, marketability, estates and legal work, tax appeals, litigation support, appraisal review, zoning analyses.
Expert Witness Testimony
Qualified in Massachusetts Superior, District, and Probate Courts (Middlesex, Norfolk, Suffolk); Federal Bankruptcy Courts in Boston, Worcester, and New York City; the Massachusetts Appellate Tax Board; and numerous ZBA hearings.
Clients Served
Financial institutions, banks, attorneys, corporations, insurance companies, accountants, financial planners, trust departments, municipalities, and state and federal agencies.
Appropriate expertise for every valuation problem.
Shepherd Associates LLC is a real property valuation and consulting firm with a local, regional, and international clientele. The firm has particular expertise in financial institutional appraisal administration, quality control and review appraisal, and specialized valuation services.
The principal, William J. Pastuszek, Jr., MAI, SRA, AI-GRS, is an experienced appraiser and educator. His career spans more than three decades — including service as Chairman of the Massachusetts Board of Registration of Real Estate Appraisers, member of the national Appraisal Standards Board, classroom instructor, and monthly columnist for the New England Real Estate Journal.
Publications & Teaching
- Monthly Columnist, New England Real Estate Journal
- Development Reviewer, Income Property Valuation (Dearborn)
- Instructor/Developer, MBREA courses and seminars
- Former Senior Instructor, Bentley College (1986–1998)
- AQB-Approved USPAP Instructor
Discuss an engagement.
For new assignments, appraisal review inquiries, or litigation support, please reach out directly. Responses typically within one business day.
