Christopher M. Sytsma is a managing director in the Morristown, New Jersey office and part of the Machinery and Equipment service line. He is responsible for managing full-service client relationships and the development, execution, and review of valuation engagements. 

Chris specializes in the appraisal of machinery and equipment. He has completed valuations for ad valorem tax, secured lending, financial and tax reporting purposes (including impairment studies, purchase price allocations for mergers and acquisitions, 861 studies, and fresh start accounting for bankruptcy emergence), sale/leaseback transactions, due diligence support, property tax appeals, donations, loan and lease portfolio acquisitions, export certification, and economic life studies. He has also provided replacement/reproduction costs for insurable values. 

Chris has the ability and experience to perform complex appraisal assignments for domestic and international clients throughout the world and has valued assets in many foreign locations. He has served corporate clients throughout the United States and Canada, Mexico, Italy, Germany, Poland, Spain, Sweden, Switzerland, Austria, the United Kingdom, and France. Among his clients are printing, construction machinery, entertainment, food processing, chemicals, consumer products, drugs and cosmetics, food and beverage, food service, high tech, machine tools, electronic semiconductor, telecommunications, transportation, industrial chemicals, metals and mining, plastics and resins, pulp and paper, transportation, and utility industries.

Chris has provided court testimony in front of the Michigan Tax Tribunal, Circuit Court of Isle of Wight County, Virginia and US Bankruptcy Court. 

Chris joined American Appraisal, now part of Duff & Phelps, in 2006. Prior to joining American Appraisal, he was employed with FM global (formerly Factory Mutual Insurance Co.), Arthur Anderson LLP, Deloitte and Touche LLP and Marshall & Stevens, Inc.

Chris received his Bachelor of Engineering from Cooper Union in New York. He also has an Accredited Senior Appraisal designation with the American Society of Appraisers with a focus on Machinery & Technical Specialties. 

 

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