Doug Hodge
ARA, MAI, Director of Appraisal
Peoples Company
Biography
Douglas Hodge, ARA, MAI, CCIM has been involved in the valuation of agricultural assets since 1983 and has prepared appraisal reports and appraisal reviews globally. Doug graduated from Ferris State University in 1983 with a BS – Finance with a concentration in real estate. He currently is the owner of Capstone Realty Resources and serves as Director of Appraisals for Peoples Company. He formerly held the position of VP – Chief Appraiser at International Farming Corporation where he was responsible for 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 Co. Before joining FNC in 2007 he owned his own valuation firm in Lapeer, Michigan. He is currently a certified general appraiser in Michigan, Indiana, Nebraska and Arizona. Doug has served recently as the District III VP for the ASFMRA and served as president of ASFMRA in 2022 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.
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