Doug Hodge, ARA, MAI | Peoples Company
Doug Hodge, ARA, MAI

Office: 515.222.1347
Mobile: 810.516.5339


Douglas Hodge, ARA, MAI, has been involved in the valuation of agricultural assets since 1983 and has prepared appraisal reports and appraisal reviews globally. Doug formerly held the position of VP – Chief Appraiser at International Farming Corporation (IFC) where he was responsible for the valuation of farmland investments and appraisal review for the global agricultural assets held by IFC. He has also held the position of VP of Appraisal Services for Nuveen Global Asset Management and Sr. Director for TIAA-CREF and was responsible for the appraisal review of Nuveen/TIAA’s global agricultural portfolio. Prior to joining Nuveen, he was the regional appraisal manager for the eastern US for Farmers National Company (FNC). Before joining FNC in 2007, he owned his own valuation firm in Lapeer, Michigan. Doug is the current immediate past president of ASFMRA and has held other positions with ASFMRA and the Great Lakes Chapter of the Appraisal Institute. Throughout his career, he has prepared appraisal reports for many purposes including lending, litigation, eminent domain, business valuations, and others. Having grown up on a dairy farm in Sanilac County, Michigan, he has a strong background in agriculture. In addition to his appraisal practice he and his wife, June, operate Stony Croft Farms, a producer and processor of heritage grains and flour.

Ferris State University, B.S. Finance (1983)
 Delta College, A.A. Business (1977)
 American Society of Farm Managers & Rural Appraisers
 Western Forestry and Conservation Association
 Appraisal Institute
 CCIM Institute
 International Right of Way Association
 REALTORS® Land Institute

Certified General Appraiser in Michigan
Certified General Appraiser in Indiana
2023 - Present    Director of Appraisal, Peoples Company, Marlette, MI
 1991 - 2023        President and Owner, Capstone Realty Resources/Valuation Analytics
 2020 - 2022        Vice President - Chief Appraiser, International Farming Company
 2017 - 2020        Sr. Appraiser, Farmers National Company
 2016 - 2017        Vice President - Risk Management/Appraisal Services Group, Nuveen
 2012 - 2016        Sr. Director - Global Asset Management/Appraisal Services Group, TIAA
 2007 - 2012        Eastern District Appraisal Manager, Farmers National Company
 1991 - 2007        Certified Instructor, American Society of Farm Managers and Rural Appraisers
 1989 - 1991        Staff Appraiser, Trerice Tosto

Ad Valorem Tax Valuations
 Agribusiness Properties
 Appraisal Reviews
 Bankruptcy Appraisals
 Condemnation, Eminent Domain
 Conservation Easements
 Estate Appraisal
 Farms, Specialized & General
 Feasibility Studies
 Food Processing Plants
 Grain Elevators/Feed Mills
 Pipeline & Drainage Easements
 Public Land Acquisitions
 Valuation of Development Rights
 Wetlands Valuation

The Appraisal Institute
 American Society of Farm Managers & Rural Appraisers (ASFMRA)
 Recipient of ASFMRA Stalcup Excellence in Education Award, 2016
 Recipient of Rabo Agri Finance/ASFMRA Appraisal Professional of the Year Award, 2016
 ASFMRA Rep to International Building Measurement Standards Committee, 2013 to present
 ASFMRA Rep to International Ethics Committee, 2014 to present
 Great Lakes Chapter of the Appraisal Institute
 Commercial Board of REALTORS®