Robert S. Salisbury – Principal/Director

For the past 25 years, Mr. Salisbury has served as a real estate project manager, consultant and appraiser to a wide variety of private and public clients throughout New England and California.  In Mr. Salisbury’s valuation and consulting experience, he has undertaken detailed market and feasibly studies, highest and best use and most profitable use analyses, land planning and development strategies, financial analysis of real estate portfolios, market surveys of commercial and industrial space, regional office market studies, and has participated in appraisals and valuation studies for urban and rural properties,  His primary focus is on market rate, mixed-income, and affordable multi-family housing market studies and appraisals. He has worked on a full range of property types, including, office, industrial, retail, residential, historical rehabilitation, hotels, and major mixed-use developments.  

Mr. Salisbury holds the degree of Bachelor of Arts from the University of Wisconsin at Madison, Wisconsin and a Master’s In Public Policy from the Kennedy School of Government at Harvard University in Cambridge, Massachusetts.  He is a Peer-Certified Member of the National Council for Affordable Housing Market Analysts received a Certificate of Completion for MAP Third Party Training He has completed extensive real estate and appraisal courses and related seminars offered by the Appraisal Institute as well as real estate financial classes at Boston area universities.

Phone: 781-862-4860

Joanne F. Shelton– Principal/Director

Ms. Shelton is a real estate professional with over 15 years experience in commercial real estate appraisal, financial analysis, and market feasibility. Previously Ms. Shelton was employed by Plymouth Development Corporation, England, and Laganside Development Corporation in Belfast, Northern Ireland, two of the thirteen development corporations in the United Kingdom.  

She holds a Bachelor of Science in Estate Management (Real Estate Studies), University of Ulster, Jordanstown, Northern Ireland. She has also completed extensive appraisal courses and seminars offered by the Appraisal Institute as well as real estate financial classes at Boston area universities. Ms Shelton is a Massachusetts and Rhode Island licensed Certified General Real Estate Appraiser and is MAP Certified and HUD Approved for appraisals and market studies completed as part of the financing requirements for HUD’s Multi-Family Accelerated Processing  

Ms. Shelton real estate experience encompasses: commercial properties, including suburban and downtown office buildings, large office parks, retail districts, shopping centers, box retail facilities, specialty retail facilities; mixed-use developments, and related properties; Housing and related development assignments, including market-rate, low, moderate, and mixed income housing ranging from town-house development to high-rise condominiums and rental apartments; Industrial and related special purpose properties such as R&D facilities, research laboratories, industrial parks, distribution facilities, and manufacturing facilities; and Special Purpose Properties such as institutional facilities, theaters and schools, and other such properties.  

Phone: 781-862-4861


114 Waltham Street, Suite 23, Lexington, MA  02421  781-862-4861 or 781-862-4860    INFO@BONZANDCOMPANY.COM
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