Nelson & Wallery, Ltd. founded in Chicago, Illinois and now based in Eau Claire,
Wisconsin, was founded by Sheree Nelson, JD, CPA and Daniel J. Wallery, CPA, CMI in
response to the increasing needs of individuals, professionals, corporations and
governments requiring quality valuation and property tax consulting services. We are
licensed public accountants with strong technical backgrounds in finance, data processing,
engineering and valuation. We established our firm in 1991 after gaining significant
experience during our tenure at a Big Six accounting firm.
With 40 years of combined experience in appraisal, engineering and assessment
consulting, we offer specialized valuation and property tax management services including:
Appraisals of real and personal property
Depreciation and obsolescence studies
Construction cost segregation analyses
Litigation support
Business valuations
Appraisal reviews
Property tax reviews
Tax compliance and audit assistance
Our business focuses on value-added consulting for the health care industry, primarily
in the area of senior care. We have provided multi-state appraisal and consulting services
for approximately 500 health care facilities throughout the United States. We also have
experience with a broad range of property types and industries, and have worked in most of
the 50 states.
The following summary describes some of the other diverse projects for which we had
primary responsibility for the services provided:
Valuation of the real estate and business operations of a major resort operation. Real
estate included residential and commercial development land, timeshare condominiums,
commercial leased space and a hotel redevelopment site. Businesses included restaurants, a
resort management company, a golf course, skiing operations, a cable television station, a
real estate brokerage firm and a travel agency.
Appraised the cellular telephone equipment, paging equipment and real estate acquired
in a major acquisition of assets of a cellular telephone company for purchase price
allocation purposes. Property was located in about 10 states.
Performed a preliminary valuation analysis of the leases of approximately 200 retail
stores throughout the United States. This analysis was performed to advise the lending
group for decision-making purposes related to bankruptcy proceedings.
Reviewed the appraisals of approximately 80 bank facilities performed for the FDIC for
the acquisition of a large Dallas-based financial institution. Based on our analysis and
quantification of additional obsolescence, the acquiring institution was able to negotiate
a significant reduction in the purchase price.
Appraised the furniture, fixtures and leasehold interests of a major liquor store chain
consisting of 104 locations in three states for purchase price allocation purposes.
Prepared valuation analyses of over 400 residential properties in the owned real estate
portfolio of an Iowa lending institution for use in property tax appeals.
Provide property tax consulting services for the real estate portfolios of several
nursing home chains.
Provide business/real property allocation analyses for property tax purposes for
nursing home and other senior care properties.
Click on the names below to find out more about the founders of Nelson & Wallery,
Ltd.
Sheree Nelson
Daniel J. Wallery
