Clifford Lipscomb

Vice Chairman and Co-Managing Director

Contact

Phone: (770) 334-3952
Fax:

Links

Qualifications

Office Location

Atlanta Office 102-A East Main Street Cartersville Georgia 30120

Biography

Clifford Lipscomb is the Vice Chairman and Co-Managing Director at Greenfield Advisors, Managing Director of Bartow Street Capital LLC (Greenfield’s capital raising entity), and Managing Director of AVM Analytics LLC (Greenfield’s valuation software development entity). He is a Chartered Valuation Surveyor with more than 20 years of experience in economic and statistical analysis, survey design, consulting, and teaching. He holds baccalaureate degrees in Economics and Sociology from Berry College as well as a Ph.D. in Public Policy from the Georgia Institute of Technology.

Articles written by Clifford Lipscomb:

Urban Land Institute 2017 Housing Opportunity Conference Recap

I had the opportunity to attend the Urban Land Institute 2017 Housing Opportunity Conference  last week in New Orleans.  It was an interesting time to be in NOLA; I saw more dogs with their owners who were escaping Hurricane Irma as it hit Florida than I have ever seen […]

IAAO GIS/CAMA Conference Recap

I attended the GIS/CAMA Conference in Chattanooga, Tennessee, on March 7 and 8.  I attend these kinds of conferences fairly regularly because it has a technology focus.  Vendors have their new products on display, and I even saw demonstrations of a few new products so that I can stay […]

By |March 16th, 2017|Categories: Blog, News|Tags: , , |0 Comments

Attending the Cayman Alternative Investment Summit

Next week I will be attending the Cayman Alternative Investment Summit (CAIS).  I enjoy attending this conference because it is not your traditional investment conference.  Alternative investments, such as solar, aircraft, space exploration, energy efficiency, REITs, and others are common topics at the Cayman Summit.  What also doesn’t hurt […]

Celebrating a Successful 2016

It’s been quite a year for us. It started with us celebrating our 40th anniversary and ended with us successfully launching a new subsidiary focused on investment banking and capital raising. Perhaps what we are most proud of is the new partnerships we created while we continued to strengthen […]

Fracking’s Impact on Homebuyers and Insurance Coverage

An important but often “relegated to the back burner” housing issue is whether the presence of unconventional shale gas development sites affect the ability of homeowners to obtain a mortgage and/or homeowners’ insurance on a property. These concerns stem from the potential environmental hazards and risks that may occur […]

Greenfield Advisors Celebrates 40 Years of Real Estate and Economic Excellence

You probably know that Greenfield Advisors (formerly Mundy Associates) was founded in 1976, making this our 40th anniversary. To celebrate, we asked our Founder, Dr. Bill Mundy, to describe what it was like to set up the firm and some of the early research projects he took on. We also […]

The Year in Review – 2015

Greenfield Advisors was busy in 2015. From mortgage-backed securities, to environmentally contaminated properties, to product liability cases, to drug royalty valuation, we worked on a wide variety of matters.

This year also included the addition of several new staff members across both of Greenfield’s offices. Those new staff members include […]

Two Talks at the World Congress on Petrochemistry and Chemical Engineering

I was honored to be a keynote speaker at the 3rd World Congress on Petrochemistry and Chemical Engineering held in Atlanta, Georgia, earlier this month. When I first heard about the conference, I wasn’t sure if I was exactly the right fit for an audience of chemical engineers and […]

Studying How the NIST MEP Helps U.S. Manufacturing Firms

The Hollings Manufacturing Extension Partnership (MEP), a program of the National Institute of Standards and Technology (NIST), is a nationwide network of manufacturing extension centers that provide services to small and mid-sized manufacturers to increase their competitiveness and productivity. Since it was established by the Omnibus Trade and Competitiveness […]

CoreLogic RiskSummit 2015 Recap

I had the privilege of attending the CoreLogic RiskSummit 2015 July 26 through 28 in Dana Point, California. The St. Regis Monarch Beach hotel was the perfect setting for the mixing of business and pleasure (I got to see whales and dolphins on Monday afternoon, along with other conference attendees). […]

Georgia Association of Assessing Officials Conference Highlights

I attended the Georgia Association of Assessing Officials (GAAO) 55th Annual Summer Conference on Jekyll Island, Georgia, July 20 and 21. If you are not familiar with Jekyll Island, it was the summer playground for some of the wealthiest families in America in the 1800s and early 1900s. Families […]

Market Effects When Appraisers and Homeowners Perceive Different Home Values

With the housing market on the rebound after a rough few years, homeowners are now starting to think more and more about putting their home up for sale. After the economic downturn and the housing bubble collapse, home prices plummeted. Foreclosures skyrocketed and sent the price of comparable homes […]

IPTI Mass Appraisal Valuation Symposium – Part Deux

Last week, I discussed the first day of sessions at the 10th IPTI Mass Appraisal Valuation Symposium in Amsterdam. Day 2 had several sessions on the role of technology in property tax assessment. I found IPTI COO Ruel Williamson’s presentation on the history of technology particularly interesting. I also enjoyed Dr. Douw […]

Day One of the IPTI Mass Appraisal Valuation Symposium

 

Amsterdam… what an awful place to have a conference! I’m kidding of course. This is my third trip to Amsterdam, and the city looks pretty much as it did the last time I was here (14 years ago when I was on my way to a regional science conference at […]

The effect of local and federal government website use on trust in government: an exploratory analysis

The objective of this paper is a closer examination of how information and communication technology (ICT) may influence consumer/citizen attitudes toward local and federal governments. This is accomplished through an exploratory analysis of how demographic variables affect local and federal government website use and their effect on trust in these levels of government. […]

Determinants of Students’ Relative Time Allocation Decisions

This study examines the relationship between various student characteristics and student’s time use. In particular, we use ordered probit models to estimate relative time use (work time vs. studying; work time vs. time in extracurricular activities; studying vs. time in extracurricular activities) using data from undergraduate students at a […]

RICS Summit of the Americas 2015, Part 4

My review of the 2015 RICS Summit of the Americas covers a lot of ground, but that’s because this informative conference offered attendees such a wealth of information. My previous posts have discussed California’s property tax laws, international valuation standards, and global investment trends. This final post discusses the […]

RICS Summit of the Americas 2015, Part 3

I have written previously about attending the 2015 RICS Summit of the Americas. My last post focused on California’s property tax laws, although it also addressed how events in California might affect other taxing jurisdictions in the United States. Now we turn from the local to the global—today’s focus […]

Oil, Gas, and Mining – My Talk at IACVA’s International Valuation Forum

Last week I attended the 2015 International Valuation Forum in Atlanta, Georgia. It was jointly sponsored by the International Association of Consultants, Valuators, and Analysts (IACVA); Business Valuation Resources (BVR); and Duff & Phelps. I gave an hour-long presentation on May 8 on valuation issues related to the oil, […]

Beer and Fracking… What?

We’ve written a considerable number of blogposts on fracking, many of which deal with concerns about water. This one, however, is quite different, and I hope you find the perspective refreshing.

Common opponents to fracking include the usual suspects—environmentalists, residents concerned about environmental contamination, residents concerned about their property values, […]

RICS Summit of the Americas 2015, Part 2

There are about 17,000 taxing jurisdictions in the United States. It’s an overwhelming number, but it helped put in perspective all the topics discussed during the RICS Summit of the Americas this year. I blogged previously about the first part of my experience at the conference.

One of the sessions […]

RICS Summit of the Americas 2015, Part 1

Last week I attended the third annual RICS Summit of the Americas with my colleague Linda Tayntor from our Seattle office. You might recall that I attended last year’s event in Toronto; this year’s event was held at the historic Millennium Biltmore Hotel in Los Angeles, California on April […]

Cayman Alternative Investment Summit, Part Deux

Earlier this week, my first post from the Cayman Alternative Investment Summit discussed the first morning’s events. In this post, I’ll discuss some of the events from the end of day one as well as all of the big talks during day two.

Al Pacino (yes, the star of Scarface, […]

Cayman Alternative Investment Summit

I had the opportunity to attend the Cayman Alternative Investment Summit on February 12–13, 2015, at the Ritz-Carlton Hotel on Grand Cayman, Cayman Islands. The audience included venture capital fund managers, economists, investment managers, transactions attorneys, and others. In this post, I’ll recap the first morning’s events, which focused […]

Flight to Quality?

The term “flight to quality” means different things in different contexts. In economics and finance, of which real estate is a subset, the term refers to instances when capital moves away from more “risky” investments and toward “safer” investments due to uncertainty about the overall economy.

There seems to be […]

Real Estate Capital Markets Conference Recap

The real estate conferences for the year have kicked off. I started the year off by attending the Goodwin Proctor Real Estate Capital Markets Conference held at the beautiful Waldorf Astoria Hotel in New York City on January 30.

The first session was on real estate fundamentals and included panelists […]

Plant DDD

With such an ominous sounding title, you might think a conference called Plant DDD could be something scary. In fact, DDD is an acronym for decommissioning, decontamination, and demolition, the processes involved with retiring power plants. The Plant DDD conference, held in Charlotte, North Carolina, January 13–15, 2015, was […]

The Year in Review

This has been an exciting year for Greenfield Advisors. First, after some attrition in the East Coast office over the past few years, we have expanded that office back to three employees and will be adding more in the New Year. Given the number of clients on the East […]

Oklahoma Brownfields Conference Recap

Earlier this week I attended and spoke at the 2014 Oklahoma Brownfields Conference in Tulsa, Oklahoma. The theme of the conference was “Rethink, Reinvest, Reinvent.”

Sessions on the first day included a general session by Bill Strickland from Pittsburgh, Pennsylvania, author of several books on making the impossible possible. He […]

AVMs 101 – What is an AVM and how do we use them?

An automated valuation model or AVM is a computer program that uses statistical models coupled with a database to estimate the market value of a property as of a specific date. The accuracy of an AVM depends on the data used and the skill of the modeler who produced […]

ULI Capital Markets Conference

On September 29–30, I had the pleasure of attending the Sixth Annual ULI Capital Markets Conference, held at the Sanctuary Hotel on Kiawah Island, and put on by the South Carolina chapter of the Urban Land Institute. I attended last year and picked up a client, so I thought […]

PREA Institutional Investor Real Estate Conference

Last week I had the opportunity to attend the Pension Real Estate Association (PREA) 24th Annual Institutional Investor Real Estate Conference in Century City (Los Angeles), California. The conference focused on the macroeconomic factors that drive real estate investment decisions. Martin Wolf, Chief Economics Commentator with the Financial Times, […]

First Look at the Third International Conference on Housing Risk

Last week I attended the third International Conference on Housing Risk, presented by the American Enterprise Institute (AEI) International Center on Housing Risk in conjunction with the Collateral Risk Network. Day 1 focused on the various metrics used to measure risk objectively. Risk spans the gamut from individual risk […]

Property Tax Assessment, Exception Properties, and Audits

Recently I attended the International Association of Assessing Officers (IAAO) 80th Annual Conference in Sacramento, California, where I picked up the 2014 Bernard L. Barnard Outstanding Technical Essay Award. I also attended several sessions, and one of the themes discussed was so-called “exception properties.”

When an assessor models property values […]

Conversations in Korean

We can all use a bit more perspective in our industry. A couple of weeks ago I had the good fortune of spending time with two extraordinary ladies who are really trying to improve the state of appraisal in South Korea—one is an appraiser (Min-Kyung Oh) and the other […]

We Won!

We are excited to have won the International Association of Assessing Officers’ (IAAO) Bernard L. Barnard Outstanding Technical Essay Award. I couldn’t have been prouder to accept the award on our behalf at the awards luncheon at the 80th Annual IAAO Conference on August 25. I was lucky to […]

How Useful Are Economic Impact Studies?

Throughout my career in government, academia, and now the private sector, I have been asked if I know how to conduct economic impact studies (or economic impact assessments). I remember accepting my first assignment having not done one since graduate school. I was unfamiliar with the inner workings of […]

Land Use Policy Prescriptions for Local Government Using Spatially Oriented Data

This paper presents a model of land prices for the Valdosta-Lowndes County Industrial Authority, with the goal to recommend the parcels it should purchase to meet 2030 industrial employment projections. This model is coupled with a separate multi-criteria analysis by the South Georgia Regional Development Center that uses geographic information system data, […]

Greenfield Advisors Nominated for Outstanding Essay Award

Three of Greenfield Advisors’ staff are proud to be nominees for the International Association of Assessing Officers’ (IAAO) Bernard L. Barnard Outstanding Technical Essay Award.

This award, named in honor of Dr. Barnard, past Director of Research for the IAAO, is presented to the best article or essay on technical […]

Scholarship Opportunity Available for Global Diversity Summit

The annual Global Diversity Summit (GDS) in Commercial Real Estate (CRE) is rapidly approaching, and the summit is working to increase participation among minorities by offering selected student participants free entrance and a stipend for travel.

This year’s summit takes place in Miami, Florida on October 8 and 9, and […]

RICS Summit of the Americas

I had the privilege to attend the second annual Royal Institute of Chartered Surveyors (RICS) Summit of the Americas held at the Westin Harbour Castle in downtown Toronto on May 4–6, 2014. With workshops in six different tracks and numerous keynote presentations and panel discussions, it was an event […]

Recap of Advanced Topics in Survey Research Webinar

Thank you to everyone who turned out for my IACET-hosted webinar last week on “Advanced Topics in Survey Research.” We had a great turnout, and based on some of the feedback I’ve received, we’ll be doing another survey research class soon.
If you missed it, you can catch up here. It […]

Upcoming Webinar on Advanced Topics in Survey Research

I’m excited to be presenting the webinar “Advanced Topics in Survey Research” on Wednesday, May 21. This course is the follow-up to my October online course on basic survey research topics.
My new course is a great educational tool for professionals of all levels. Course attendees will learn more details […]

MIPIM Panels on the Global Economy

You know it’s been a good conference when you go to so many sessions that it takes three blog posts to discuss all that you learned. MIPIM was a wealth of information. In total, I attended seven sessions that featured great presenters and topics.

I enjoyed the Asset Diversification panel […]

Pins and Properties at MIPIM

Sometimes it’s all about timing. There I was in France at the MIPIM conference catching up with some of the Royal Institute of Chartered Surveyors (RICS) members when Chief Executive Officer Sean Tompkins stopped by to introduce himself.

We talked for a bit before he realized I wasn’t wearing my RICS pin. I explained […]

Real Estate Trends Dominate MIPIM Conference

The global battle for assets, placemaking, and demographic shifts are expected to be the big trends we see in 2014, and all three were front and center at the 25th annual MIPIM conference at the Palais des Festivals in Cannes, France. The four-day event held in March was attended by 21,000 […]

Land Tenure and Valuation in Africa

In March 2011, I visited Liberia (West Africa) to develop relationships with local government officials. After years of civil war, Liberia is starting to emerge out of a severe economic crisis, including improving upon its approximately 80% unemployment rate. Gross domestic product (GDP) growth over the past few years […]

Using Hedonic Modeling to Predict Neighborhood Demographic Changes

How can planners direct optimal, sustainable neighborhood development? Increasingly complex urban land use models have been developed to facilitate this task.
My dissertation research involved the best way to identify neighborhoods in hedonic pricing models1 and the types of households (based on income and demographic characteristics) most likely to move into […]

Asset-Backed Securities and Capital Markets – 2014 Predictions

The week of January 20 was a busy one. Not only did we have several reports going out of our shop, but I also had the opportunity to attend two different industry conferences on asset-backed securities and capital markets. The Structured Finance Industry Group (SFIG), collaborating with Information Management Network (IMN), […]

Posts from Japan, Part 6 – Asian Real Estate Society Conference, Kyoto, Japan

The last part of my swing through Japan put me in Kyoto for the Asian Real Estate Society (AsRES) annual conference. Kyoto was Japan’s former capital and the site of the adoption of the Kyoto Protocol in December 1997. [The Kyoto Protocol is an agreement that commits the signing […]

Posts from Japan, Part 5 – Meeting with Kazu Imazeki, Sanko Estate

While in Japan, I met with Toyokazu (Kazu) Imazeki, who I recognized immediately from the most recent meeting of the American Real Estate Society in Hawai’i back in April. It turns out he is a Ph.D. graduate of Georgia State University’s real estate program and then moved back to […]

Posts from Japan, Part 4 – Meeting with Japan’s Association for Real Estate Securitization

As I mentioned in a previous blog, residential real estate data is relatively more difficult to obtain in Japan than commercial real estate data. I found this out during a meeting at the Association for Real Estate Securitization (ARES). [Interestingly, ARES is also the acronym for the American Real Estate […]

Posts from Japan, Part 3 – Availability of AVMs and Residential Real Estate Data in Japan

A colleague of mine, Yuko Tomizuka, arranged for me to present Greenfield’s research on and development of an automated valuation model (AVM) in Tokyo. She is an MAI (a designated member of the Appraisal Institute)[1] real estate appraiser and the former head of property valuation and finance at WestImmo Bank, […]

Posts from Japan, Part 2 – Discussing the Impacts of Climate Change and Natural Disasters on Real Estate

During my visit to Tokyo last month, I visited with folks at the Japan Real Estate Institute (JREI). JREI, founded in 1959, is a real estate appraisal firm that also accepts commissioned research projects and consulting assignments (e.g., property investment decision-making). One of its researchers, Kazuya Tani, and its […]

Posts from Japan, Part 1 – Quantifying the Non-quantifiable

Walking on the campus of the University of Tokyo, founded in 1877, you get the sense that you are surrounded by really smart people. Even in the summer months, groups of students meet in common areas to discuss their classes, homework assignments, and life in general. At the University […]