VALBRIDGE ON ASSIGNMENT

  • Valued a portfolio of 22 investment-grade office and R&D properties for a major university endowment undergoing an audit. Five Valbridge offices in multiple states did the work. READ MORE
  • Appraised an apartment portfolio including 7,200 units in 37 communities. We were hired by a fractional-interest owner concerned about estate issues. READ MORE

MARKET SPOTLIGHT

Houston

Houston

Valbridge reigns in Houston, where we have provided independent real estate valuations since 1983.

Our Houston office performs valuations and market studies for more than 160 multifamily properties annually. We’re now appraising 42 skilled nursing facilities statewide for a national mortgage firm. Other assignments include some of the premier regional golf clubs: Black Horse, Redstone and Shadowhawk, all 36-hole developments.

Spurred by the energy sector and activity at the port, the Houston economy is creating jobs, according to the Texas Employment Commission, which bodes well for real estate demand.

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NEWS & VIEWS

42 Appraisal Firms Across U.S. Combine to Launch Valbridge Property Advisors

18 March 2013

Forty-two appraisal firms across the U.S. announced today that they are now operating as Valbridge Property Advisors, having combined to provide independent valuation and advisory services to local, regional, multi-market and national clients. The 42 firms are independent valuation leaders in their local markets, some having been in business for decades or more.

Based on publicly available information and company estimates, Valbridge immediately ranks among the Top 3 national commercial real estate valuation and advisory services firms, with 145 MAIs, 59 office locations and 600 staff across the U.S.

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Meet Rick Armalavage,
Valbridge CEO and President

18 March 2013

Rick ArmalavageSome people find their professional calling early in life. Richard (“Rick”) Armalavage was one of those people.

Guided by real estate and business professors at Indiana University who recognized his interests and analytical skills, Rick decided straight out of college to become an appraiser. In just a few years, he was so proficient he was designated an MAI by the Appraisal Institute, started his own business in Southwest Florida and never looked back.

Today, the chief executive officer, president and senior managing director of the new Valbridge Property Advisors cheerfully relates the story of one of his first appraisal assignments, which he’ll always remember.

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Valbridge Offices Nationwide

About Valbridge Property Advisors

Valbridge Property Advisors, based in Naples, Fla., is one of the largest commercial property valuation and advisory services firms in the U.S., with 145 MAIs, 59 office locations and 600 staff across the nation. Valbridge provides independent appraisal services consistent with the highest industry standards of practice. Each Valbridge office is led by an appraiser who holds the MAI designation of the Appraisal Institute.