Dennis Basile - CCIM, Broker, Owner
REAL ESTATE QUALIFICATIONS AND EXPERIENCE OF
DENNIS BASILE, CCIM
Presently, Dennis Basile, CCIM, is engaged in Real Estate Brokerage in Brevard County, Florida. He specialized in the sale, leasing and management of commercial and industrial land and improvements, condominium projects, shopping centers, office buildings, subdivisions, and other large or unusual real estate assignments. He has six years of experience in one to four family dwelling units and thirty six years of experience in commercial, industrial, multi-family, land and special purpose properties.
Real Estate Employment:
January 1, 2009 to Present Owner/Broker D. Basile Real Estate, LLC
November 1997 to December 2008 Commercial Salesman, Pruitt Commercial Group, Melbourne
October 1996 to 1997 Owner, Dennis Basile,Appraisal
March 1996 to October 1996 Vice President of the Economic Development
Commission of East Central Florida; EDC Staff
November 1989 to March 1996 President, Basile, Schieber & Associates (Appraisal Company)
September 1988 to November 1989 Appraiser with Robert W. Houha, MAI
May 1984 to September 1988 Coy A. Clark Company, Development Specialist
January 1975 to May 1984 Appraiser with Robert W. Houha, MAI
August 1973 to December 1974 Appraisal Assistant to Robert W. Houha, MAI
Successfully completed:
American Institute of Real Estate Appraisal courses and accomplishments
Course VIII Residential Valuation, 1974
Course IA Basic Valuation, 1976
Course 1B Capitalization, 1978
Course 2-1 Case Studies and Valuation Analysis, 1984
Course 2-2 Report Writing and Valuation Analysis, 1984
Course 6 Investment Analysis, 1984
Examination 1A-1, 1A-2 Basic Valuation, 1987
Demonstration Appraisal Report, 1988
Comprehensive Examination, 1988
Awarded MAI Designation, October, 1989 (No.8262)
Standards of Professional Practice, Part A, Orlando, 1992
Standards of Professional Practice, Part B, Orlando, 1992
Panelist for Appraisal Review Roundtable Discussion, Tampa, 1992
Rates Ratio’s and Reasonableness seminar, 1993
Americans with Disabilities Seminar, 1993
Panelist for Appraisal Review Roundtable Discussion, Jacksonville, 1993
Panelist for Appraisal Review Roundtable Discussion, Ft. Lauderdale, 1993
Subdivision Analysis Seminar, 1993
Uniform Standards of Professional Appraisal Practice Update Course 1998
Commercial Investment Real Estate Council of the Realtors National Marketing Institute Courses
Course 100 Marketing Techniques for Leasing and Selling Property, 1989
Course 101 Fundamentals of Real Estate Investment and Taxation, 1989
Course 102 Fundamentals of Location and Marketing Analysis, 1989
Course 103 Adv. Real Estate Taxation and Marketing Tools for Investment Real Estate, 1989
Course 104 The Impact of Human Behavior on Com. Investment Decision Marketing, 1989
Course 105 Case Studies in Commercial-Investment Real Estate Brokerage, 1989
Course Concept Review, 1991
1992 National Commercial Real Estate Conference, Orlando, 1992
Awarded C.C.I.M. Designation May, 1991 (No. 4012)
Other Courses:
Real Estate Principles and Practice Course #1, Brevard Community College, 1974
Real Estate Law, Brevard Community College, 1974
Real Estate Appraising, Brevard Community College, 1974
Real Estate Principles and Practice Course #2, Brevard Community College, 1976
Managing Professional Risk Seminar, Merritt Island, FL, 1992
Professional Affiliations:
Former Member of the Appraisal Institute, (MAI #8262)
Certified Commercial Investment Member, Commercial Investment Real Estate Inst., (CCIM #4012)
Licensed Broker-State of Florida; 1976 to present
Former Florida State Certified Residential Appraiser #RD0002376
Former State Certified General Appraiser #RZ0000999
Member of the Space Coast Association of Realtors 1973-2014
President of the Space Coast Association of Realtors 1996
Director of Space Coast Association of Realtors 1993-1995, 2013-2014
Member of the Florida Association of Realtors 1973-2014
Director of the Florida Association of Realtors 1995, 1996
Member of the Strategic Planning committee of the Florida Association of Realtors 1996, 1997
Member of the National Association of Realtors
Past Chairman of the State of Florida Real Estate Appraiser Board
Past Vice Chairman of the State of Florida Real Estate Appraisal Board
Past Chairman of the Probable Cause Panel of the State of Florida Real Estate Appraiser Board
Past Member of the Exam Validation Committee of the State of Florida Real Estate Appraiser Board
Member of the State of Florida Real Estate Appraiser Board 1991 - 2003
Director/Member of the Cocoa Beach Area Chamber of Commerce 1995
Chairman of the Small Business and Industry Council 1995
Director of the Economic Development Commission of East Central Florida 1995
Additional Professional Information:
In June 1991 Dennis Basile was appointed by Governor Chiles to the newly created Florida Real Estate Appraisal Board within the Department of Business and Professional Regulation. This seven member board has the responsibility of certifying and regulating state licensed and certified appraiser within the State of Florida. Dennis Basile is a past chairman of the Probable Cause Panel, and was chairman of this Board in 1993 and in 2000. He has been a member of the Exam Validation Committee since 1991.
In June 1994 and November 1997 Dennis was re-appointed by Governor Chiles to the Florida Real Estate Appraisal Board.
In September 1992, Dennis testified before a Congressional sub-committee in Washington, D.C. concerning the regulation of Appraisers.
VALUE ADJUSTMENT BOARD EXPERIENCE
Dennis was selected to serve as a Special Master for the Brevard County Value Adjustment Board for two years in the early 1990's and 1997 through 2002. He has also represented many clients before the Special Masters in the years he did not apply to be a Special Master.
RECEIVERSHIP EXPERIENCE
Dennis has been appointed on numerous occasions as a Court Appointed Receiver for both Real Estate Assets and Corporations. These Receiverships include the following:
Granada Center(San Juan Village Office Building), Hibiscus Boulevard, 1989; Appointed to collect rents and manage the assets of this project while a foreclosure of the mortgage was processing through the courts.
Heritage Real Estate Management, Inc. in October 1994. This real estate brokerage company’s escrow accounts were found to be short approximately $650,000. Mr. Basile was appointed to continue the operation of the company and to protect the public from any further damage.
Florida Home Finders, Incin December 1995; Dennis Basile was selected by Circuit Judge Kenney (St. Lucie County) to be the Court Appointed Receiver for Florida Home Finders, Inc. This real estate brokerage company’s 9,165 escrow accounts were found to be short by approximately $2,550,000. In April 1997, Dennis negotiated and successfully completed a sale of this company with 78% recovery of all stolen funds and a disbursal to all claimants.
Coynes Marina (FKA Miners Marina);2002; Dennis Basile was appointed to oversee the operations of the Coynes Marina while the property was being foreclosed by the lender. This property consisted of a large Dry Stack marina building with numerous stored boats and a in water marina and marine store. Dennis successfully managed the facility until such time as the foreclosure was completed.
Eagle Cove, LLC, in 2008; The company’s sole asset was a 58 acre parcel of residential land located in Cocoa,Florida. Dennis processed this asset under the direction of the Court.
Service Management Systems, Inc.; February 2010; Dennis was appointed the Receiver of this company after a foreclosure action was taken by Compass Bank. The sole asset of the company is the Aquarina Sewer and Water plant located in Melbourne Beach, Florida. This facility and the company provides water and sewer service to over
400 homes within the Aquarina Community. Dennis took on the operations of this very poor condition facility and has been making significant improvements to the property. In addition, he has been responsible for the billing and collections of the water and sewer bills for the facility. This Receivership is in the process of a successful sale of the property from the Lender as of March 23, 2011.
Merritt Island Gardens (MIGA) June, 2011: This five building apartment complex in Merritt Island, Florida was under renovation when the lender forced the company into a Receivership in June, 2011. Dennis took control of the property and accounted for all funds during the time the property was in Receivership.
RTS Development, Inc. February 2013: This Receivership included the property management of 7 industrial buildings and tenants while the parties were going through a foreclosure proceeding. Dennis took control of the properties and accounted for all funds, management and reporting during the Receivership. This is an ungoing Receivership as April 2014.
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