Woodward S. Hanson, MAI, CRE, CCIM, FRICS

Professional Qualifications


Company Background

Mr. Hanson is President of Hanson Real Estate Advisors, Inc. (HREA), a multi-generation, family-owned, real estate company providing Southwest Florida brokerage, appraisal and/or consulting services prior to the turn of the century. Mr. Hanson's great-grandfather (Dr. William Hanson) arrived in Fort Myers in 1884 and along with his wife (Julia Allen Hanson) bought and subdivided numerous properties in Fort Myers. Mr. Hanson's great-great-grandfather (Capt. Manuel A. Gonzalez) and his family were the first settlers of the abandoned military fort that is known as Fort Myers. Capt. Gonzalez's 40-acre homestead is the location of the Thomas Alva Edison winter estate. His son (Manuel S. Gonzalez) built many of Fort Myers' historic structures.

Mr. Hanson's father (W. Stanley Hanson, Jr.) was appointed Lee County Tax Assessor in August 1955 by Governor LeRoy Collins. W. Stanley Hanson, Jr. was a 1964 Charter Member of the Southwest Florida Chapter of the Society of Real Estate Appraisers (SREA), President of the Southwest Florida Chapter of the SREA, a Senior Real Property Appraiser (SRPA – 1973) of the SREA, a Residential Member (RM – 1971) of the American Institute of Real Estate Appraisers (AIREA), Member (MAI – 1974) of the AIREA, and Member (MAI) of the Appraisal Institute. W. Stanley Hanson, Jr. was a Florida licensed real estate broker throughout his real estate career.

Mr. Hanson joined his father's appraisal practice in September 1979 and in 1991 the firm became known as Hanson Appraisal Company. Mr. Hanson was one of the original 25 shareholders of Integra Realty Resources (IRR), a national real estate valuation firm organized in 1998. Mr. Hanson later sold his shares in IRR to create HREA and continue the family business.

Educational Background and Awards


  • University of Florida: Associate of Arts (1974).
  • University of Florida: BSBA with Honors (1976), Major: Real Estate and Urban Land Studies.
  • University of Florida: Bachelor of Design with Honors (1979), Major: Architecture.
  • Florida Gulf Coast University: MBA Program and Curriculum.
  • Phi Kappa Phi: National honor society for engineering and architectural studies.
  • President's List (4.0 GPA) and Dean's List (3.5 GPA).

Professional Designations and Licenses


  • MAI (No. 7534 - February 1987) – The Appraisal Institute.
  • CCIM (No. 8161 – August 1998) – Commercial Institute of Real Estate, NAR.
  • CRE (No. 1939 – April 1999) – The Counselors or Real Estate, NAR.
  • FRICS – Fellow of the Royal Institution of Chartered Surveyors.
  • State-Certified General Real Estate Appraiser RZ1003.
  • Florida Real Estate Broker's License 0174419.

Other Certified General State Appraisal Licenses: Washington, Georgia, and Missouri.

Professional Activities and Affiliations


  • 2001 Immediate Past National President, The Appraisal Institute, Chicago, Illinois.
  • 2000 National President, The Appraisal Institute, Chicago, Illinois.
  • 1999 President Elect, The Appraisal Institute, Chicago, Illinois.
  • 1998 Vice President, The Appraisal Institute, Chicago, Illinois.
  • 1997 Chair Government Relations, The Appraisal Institute, Chicago, Illinois.
  • 1996 Chair Appraisal Standards Council, The Appraisal Institute, Chicago, Illinois.
  • 1995 Vice Chair Ethics & Counseling - The Appraisal Institute, Chicago, Illinois.
  • 1994 Chair Review & Counseling Division, The Appraisal Institute, Chicago, Illinois.
  • 1994 President, West Coast Florida Chapter of the Appraisal Institute, Tampa, Florida.
  • National Association of Realtors (NAR).
  • Fort Myers Board of Realtors.

Instructor, Speaker and Author


  • nstructor: American Law Institute of the American Bar Association.
  • Speaker: The Princeton Conference, Princeton University, Princeton, New Jersey.
  • Speaker: Pan-American Valuation Conference, Cusco, Peru.
  • Speaker and Author: Pan-Pacific Valuation Conference, Auckland, New Zealand.
  • Speaker: Korea Property Appraiser's Association, Seoul, Korea.
  • Speaker: Japanese Association of Property Appraisers, Tokyo, Japan.
  • Speaker: Alfred Ring Distinguished Speaker's Series, University of Florida.
  • Speaker: Regulatory Takings, Florida Chamber of Commerce, Orlando, Florida.
  • Speaker: Florida Gulf Coast University, Fort Myers, Florida.
  • Speaker: Real Estate Market Watch, Fort Myers, Florida.
  • Contributing Author: The Appraisal of Real Estate-11th Edition, The Appraisal Institute.
  • Author: Real Estate and Network Economics, The Counselors of Real Estate.
  • Author: Public Interest Value and Non-Economic HBU, The Appraisal Institute.
  • Author: The Valuation of Networks, The Appraisal Institute.
  • Author: Real Consulting and USPAP Compliance, The Appraisal Institute.

Qualified as an Expert in the Field of Real Estate appraisal


  • The Congress of the United States of America, Washington, D.C.
  • The Chancery Court of Delaware, Wilmington, Delaware.
  • U. S. Federal Tax Court, Indianapolis, Indiana.
  • U. S. Federal Court, Middle District of Florida, Fort Myers and West Palm Beach, Florida.
  • U. S. Federal Court, Northern District of Florida, Jacksonville, Florida.
  • Various Circuit Courts of the State of Florida: Lee County, Hendry County, Glades County, Collier County, Dade County, Palm Beach County, Pinellas County, Hillsborough County, Pasco County, Orange County, Lake County, Leon County, Escambia County, and Brevard County.
  • State of Washington: Seattle and Tacoma.

Partial Client List

U.S. Dept. of Justice, U.S. Army Corps of Engineers, Internal Revenue Service, Florida Department of Transportation, Florida Department of Environmental Protection, South Florida Water Management District.

Orlando-Orange County Expressway Authority, Dade County Expressway Authority, Orlando International Airport, Southwest Florida International Airport, City of Fort Lauderdale, City of St. Petersburg, City of Fort Myers, The School Board of Lee County, Lee County Property Appraiser's Office, Lee County Board of County Commissioners, and the Collier County Board of County Commissioners.

Wachovia Corporation, SouthTrust Bank, NationsBank, Barnett Bank, Prudential Life Insurance Co., Universal Studios of Florida, WCI Communities, Inc., Lennar Corp., Lykes Bros. Corp., U.S. Sugar Corp., First Boston, Bear Stearns, Thomas Enterprises, Inc., The Davidson Group (Tampa Bay Lightning and Detroit Pistons), Private Equity Group, Estate of Dorothy Fleischman, Estate of Elizabeth Calder, Weyerheuser Corp., Gate Maritime Petroleum, The Bonita Bay Group, and FGTX.

White and Case, Skadden Arps, Brigham Moore, Smith Halsey, Holland Knight, Hill Ward Henderson, Broad & Cassel, Foley Lardner, Gronek & Latham, Mershon-Sawyer, Ellis Li & McKinstry, Ulmer Hicks & Schreiber, and Henderson Franklin.

Consulting Assignments

Mr. Hanson was a member of the CRE Consulting Corps that provided the University of Arkansas – Little Rock Arkansas consulting services. This assignment was to assess the financial feasibility and community acceptance of various approaches for redeveloping the commercial real estate assets of the University District, and to develop a market-driven, realistic, and achievable action plan for the development of those assets that coordinates with the University District Revitalization Plan, the UALR Campus Master Plan, and the UALR Strategic Plan.

Recently provided consulting services to the Lee County Port Authority relating to the proposed Skyplex project, a high tech-research campus and related facilities.

Significant Assignments Or Assignment Results

Largest Eminent Domain Verdict in Florida History: $167.5 Million, Federal Court. Largest Eminent Domain Verdict in Florida History: $70.0 Million, State Court. Largest Settlement for Temporary Taking in U.S. History: Monroe County, Florida. Lykes Brothers Minority Shareholder Action: $350 Million, Glades County, Florida. St. Pete Times Forum: $175 Million Reduction in Prop. Assessment, Tampa, Florida. ESOP Leveraged Buy-Out of U.S. Sugar Corp: $200 Million, Wilmington, Delaware. Universal Studios Acquisition of Lockheed Martin Property, Orlando, Florida. Wachovia Corp. funding of the Universal Blvd. Planned Development, Orlando, Florida. Orlando/Orange County Expressway Authority: Western Beltway. Orlando/Orange County Expressway Authority: Maitland Boulevard Extension. Orlando International Airport expansion. Southwest Florida International Airport expansion. Miami-Dade County Expressway Authority – Dolphin Expressway Extension.