John Child & Company is a professional corporation that specializes in real estate appraisal, consulting, and business valuation. It is the only company in Hawaii with expertise and professional designations in both real estate appraisals and business valuations.

John Child & Company provides a critical knowledge of real estate market conditions and trends. Our clients have confidence that John Child & Company valuation and consulting assignments are based on competent research, extensive field experience, and ongoing education.

About Us

Our professional team members hold local, regional, and national leadership positions in their professional organizations, helping to establish and promote the highest standards of professional practice and ethics for the industry.


KAREN CHAR, MAI, CRE, ASA

President

kc@johnchild.com

As President of John Child & Company, Karen is responsible for developing and managing the Company’s professional practice that includes real estate appraisal and consulting and business valuation. She specializes in complex real estate and business valuation assignments.

Karen originally joined the Company in 1973 and has more than 40 years of professional experience. She has served in elected and appointed national and international leadership positions in the Counselors of Real Estate and the Appraisal Institute. In 2010 she received the prestigious James Felt Creative Counseling Award from The Counselors of Real Estate.

Education

  • Master of Business Administration, University of Hawaii, 1972
  • Bachelor of Business Administration, University of Hawaii, 1970
  • Punahou School, 1967
  • Successfully completed various courses, workshops, and seminars sponsored by the Appraisal Institute and The Counselors of Real Estate

Professional Associations

  • Member, The Counselors of Real Estate (CRE designation)
  • 2010 James Felt Creative Counseling Award
  • Chief Delegate to the Pan Pacific Congress of Real Estate Appraisers, Valuers, and Counselors
  • Member, National Board of Governors, 1995 - 2000
  • National Vice President, 1997
  • Member, Appraisal Institute (MAI designation)
  • Member (representing Region VII, Arizona, Hawaii, Southern California, and Southern Nevada)
  • National Appellate Division (serves as National Ethics Appeal Board), 1997 - 1999
  • Accredited Senior Appraiser, American Society of Appraisers, (ASA designation, specializing in business valuation)
  • Member, Aloha Chapter of Lambda Alpha International, an Honorary Land Economics Society

Other Real Estate and Charitable Associations

  • President, Hawaii Chapter of the National Association of Office and Industrial Properties (NAIOP Hawaii), 1998
  • Director, Board of Directors, Hawaii Women’s Legal Foundation, 2002 to present
  • Vice President and Director, Board of Directors, Hawaii Opera Theatre, 2004 to present
  • Expert Testimony
  • Qualified as an expert witness in the valuation of real property and closely-held businesses in the Courts of the State of Hawaii.

PAUL D. COOL, MAI, CRE

Vice President

pdc@johnchild.com

Paul joined John Child & Company in 1972. With this perspective, Paul understands the cyclical nature of Hawaii’s real estate markets. Paul has extensive knowledge of the valuation of partial takings, conservation easements and other atypical ownership interests. He is also active in lease rent renegotiations, having participated as an arbitrator and serving as a testifying valuation expert.

Paul serves in leadership positions in the Hawaii Chapters of Appraisal Institute, Counselors of Real Estate, and NAIOP Hawaii.

Education

  • Bachelor of Business Administration, Business Economics and Quantitative Methods, University of Hawaii, 1980

Professional Associations

  • Member, Appraisal Institute (MAI designation)
  • President, Hawaii Chapter, 2001
  • Member, The Counselors of Real Estate (CRE designation)
  • Chairperson, Hawaii Chapter, 2012, 2001

Other Real Estate Associations

  • Member, Hawaii Chapter of NAIOP (NAIOP Hawaii)
  • President, Hawaii Chapter, 2002

Public Service

  • Advisory Committee Member, Regulated Industries Complaints Office, Department of Commerce and Consumer Affairs, State of Hawaii
  • Past Member and Chair, Real Estate Appraiser Advisory Committee, Professional & Vocational Licensing Division, Department of Commerce and Consumer Affairs, State of Hawaii
  • Member, City & County of Honolulu Leasehold Conversion Task Group, 2004

Expert Testimony

  • Qualified as an expert witness in the valuation of real property in the Courts of the State of Hawaii.

SHELLY H. TANAKA, MAI, AI-GRS

Vice President

st@johnchild.com

Shelly estimates the value of closely-held businesses and real estate in Hawaii. Because of her expertise in both real property and business valuation, she is able to effectively assist clients with their estate planning and gifting decisions, tax reporting, acquisitions and mergers, stock transfers and redemptions, and internal accounting.

Shelly's real estate valuations have included a variety of industrial, commercial, agricultural and resort properties, conservation easements, partial takings, and complex or limited-market properties such as hospitals, assisted living facilities, and churches. She provides real estate consulting and market assessments for a diverse client base that have included developers, schools and other nonprofit organizations, attorneys, and private trusts. Shelly has also provided expert testimony and has served as a party-appointed and third-party arbitrator in various proceedings.

Shelly is an active member of the Appraisal Institute and currently serves as a Region VII Director to the national Board of Directors. She is also a Board of Director and current Vice Chair for the Appraisal Institute’s Education and Relief Foundation, a 501(c)(3) charitable organization formed to foster the advancement of the real estate appraisal profession.

Education

  • Master of Business Administration, University of Hawaii at Manoa
  • Bachelor of Arts, Psychology, University of California at Los Angeles
  • Iolani School

Professional Association

  • Designated Member of the Appraisal Institute (MAI and AI-GRS designations)
  • Director, Appraisal Institute National Board of Directors
  • Director, Appraisal Institute Education and Relief Foundation
  • Past President, Hawaii Chapter of the Appraisal Institute

State Certification

  • Certified General Appraiser, State of Hawaii, License Number CGA-648

Public Service

  • Member, Real Estate Appraiser Advisory Committee, Professional & Vocational Licensing Division, Department of Commerce and Consumer Affairs, State of Hawaii

MASAYO K. ALLEN, MAI, ESQ.

Appraiser

ma@johnchild.com

Masayo specializes in complex real estate valuation assignments. Her valuations are used for estate planning and gifting decisions, acquisitions and mergers, tax reporting, and litigation, arbitration, and mediation negotiations.

Masayo’s real estate valuations have included a variety of industrial, retail, commercial and medical office, multifamily, land, conservation easements, partial takings, and fiscal and economic impact studies. She also provides real estate consulting and market assessments for rent renegotiations and litigation support.

Education

  • Juris Doctor, Loyola Law School, Los Angeles
  • Master of Science in Real Estate, University of San Diego
  • Bachelor of Arts, Business Economics, University of California, Los Angeles

Professional Association

  • Designated Member of the Appraisal Institute (MAI designation)
  • Member, CCIM Institute (Candidate for CCIM designation)
  • Member, Hawaii Chapter of the Appraisal Institute
  • Member, Hawaii State Bar Association
  • Member, The State Bar of California

State Certification

  • Certified General Appraiser, State of Hawaii, License Number CGA-1350

Our History

John Child & Company was established by John F. Child, Jr. in 1937. The Company was the first firm to specialize in market research in Hawaii. Since 1937, the Company has provided critical knowledge of real estate market conditions and trends gained from the strength of its market research. As a result, its clients have confidence that John Child & Company real estate appraisal and business valuation assignments are based on competent analysis and careful documentation, and its consulting assignments focus on the key issues and provide sound alternatives.

historyimg

Photo taken by Robert Schmitt, 1953.

OUR SERVICES

Real Estate Appraisal and Consulting

The Company's real estate consulting and appraisal practice includes a range of specialized services covering real estate in Hawaii and the Pacific area. Professional services include:

  • Valuation of real estate
  • Litigation support
  • Arbitration
  • Market rent analysis
  • Highest and best use studies
  • Market and financial feasibility analyses
  • Economic and fiscal impact assessments
  • Purchase price allocation.

Its assignments include all types of real estate interests such as fee simple, leasehold, leased fee, and other partial rights and fractional interests. Its assignments cover a variety of land uses and property types such as:

  • Office buildings and commercial property
  • Industrial property
  • Telecommunications facilities
  • Hotels and resort properties
  • Agricultural, conservation, and vacant land
  • Conservation easements
  • Shopping centers and retail facilities
  • Residential (condominium and subdivision)
  • Master-planned and mixed-use projects
  • Golf courses
  • Healthcare facilities
  • Redevelopment projects
  • Limited-market and special-purpose properties.

Business Valuation

The Company's business valuation practice focuses on the valuation of closely-held businesses, including controlling and minority interests in corporations, partnerships, limited liability companies, and family limited partnerships. Its business valuation practice provides assistance in:

  • Estate planning
  • Tax reporting
  • Mergers, acquisitions, and sales
  • Stock transfers and redemptions
  • Financial reporting
  • Succession planning
  • Internal accounting
  • Litigation support.


Contact Info

John Child & Company, Inc.


  • Address
  • Pacific Guardian Center
    Makai Tower Suite 2500
    733 Bishop Street
    Honolulu, Hawaii 96813