Valbridge
News 2015

Kari Collins and Kimberly Smith are Valbridge's Newest MAIs

Kari Collins and Kimberly Smith of Valbridge Property Advisors l Auble, Jolicoeur & Gentry have earned the prestigious MAI designation from the Appraisal Institute, signifying their high level of experience in the evaluation of commercial and other types of properties.

Based in Coeur d’Alene, Idaho, Kari received her bachelor’s degree from Arizona State University. She’s been an appraiser for 12 years.

Based in Spokane Valley, Wash., Kim received her bachelor’s degree from Gonzaga University. She’s been an appraiser since 2011.

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Detective Story: Valbridge Study Reveals Highest-Return Option and More

Sherlock Holmes could very well have become an income-property appraiser.

Valbridge professionals act as detectives with every market and feasibility study they perform. Most often the mystery is to deduce the highest and best use of a property; in other words, the use that would produce the highest net return on investment.

Valbridge's Daniel Kann, MAI, a multifamily valuation expert, undertook such an exercise when he performed a market and feasibility study for the owner of a 14-acre suburban site. His analysis began by determining what was physically possible for the site, what uses were permitted under zoning laws and deed restrictions, and what was economically feasible.

Then his examination got really interesting.

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U.S. Postal Service Taps Valbridge for Appraisal, Due Diligence Across U.S.

The U.S. Postal Service (USPS), which maintains an inventory of 32,150 facilities with more than 290 million square feet of owned and leased space, has awarded Valbridge Property Advisors a national contract to provide appraisal and due diligence services.

Valbridge was awarded a contract to perform commercial property valuations and market rents analysis for the Postal Service in support of its leasing, acquisition and disposition activities, including analyzing lease versus purchase options for buildings in the USPS portfolio.

Valbridge was awarded the USPS contract based on a combination of best overall value, past performance, geographic capability, technical approach and program management.

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Hot Hotel Sector Relies on Valbridge to Allocate Value

From the Las Vegas Strip to the mountains of Colorado to the shores of Florida, hotel and resort owners rely on Valbridge for appraisal, property evaluation and advisory services.

Valbridge has appraised hundreds of hospitality properties across the U.S., including for fractional-interest owners and investors. Hotels with gaming, condos, golf courses, marinas, amusements and other ancillary businesses... we've seen it all and understand how to allocate value across the components, including the real estate versus the operating business.

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Andrew Baker Earns MAI Designation

Andrew Baker of Valbridge Property Advisors l Shaner Appraisals has earned the prestigious MAI designation from the Appraisal Institute, signifying his high level of experience in the evaluation of commercial and other types of properties.

Based in Overland Park, Kan., Andrew received his bachelor’s degree from Case Western Reserve University. He’s been an appraiser since 2008 and specializes in blight studies and senior housing.

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From the Ordinary to the Unusual: Ports and Shipyards

From sea to shining sea, ports are critical to the flow of goods into and out of the U.S.

Valbridge values ports, shipyards, rail yards, storage facilities and warehouses at or near ports, and analyzes rents for the same spectrum of properties.

From Seattle to Houston and New Orleans to New Hampshire, public and private-sector owners and operators rely on Valbridge.

We can even value the property, the business and the equipment for port properties -- and we have!

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Why CPAs Love Valbridge: By the Numbers


Certified Public Accountants across the country consider Valbridge their appraisal firm of choice, relying on the firm for help with all manner of real estate, business and tax assignments: 

  • Property valuations for insurance, estate planning and trusteeship, including fractional interest ownership for gifting and IRS purposes
  • Setting a basis in property for future sale
  • Purchase-price allocations
  • Merger and acquisition due diligence
  • Corporate and entity restructurings
  • Allocating value to land and buildings

“Valbridge appraisers are solutions people. They understand why we need valuations and what factors should be considered to produce answers that are reasonable and can be defended,” says W. Michael Howlett, CPA, a partner at Cherry Bekaert.

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Mike Divin, Josh Hall and Rob Klein are Valbridge's Newest MAIs

Mike Divin of Valbridge Property Advisors | The Gerald A. Teel Company, Josh Hall of Valbridge Property Advisors | Real Estate Appraisers and Rob Klein of Valbridge Property Advisors l Oxford Group have earned the prestigious MAI designation from the Appraisal Institute, signifying their high level of experience in the evaluation of commercial and other types of properties.

Based in Dallas, Mike received his bachelor’s degree from Sam Houston State and taught Principles of Real Estate Appraisal for three years as an adjunct professor at Texas Tech University. An appraiser for 31 years with a background in medical buildings, he also has appraised oil refineries, a wind farm and hydrocarbon storage facilities. Mike likes to play golf, cook and spend time with his nine-month-old granddaughter.

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Healthcare Property Fund Relies on Valbridge for Valuation, Advisory Services

Healthcare Property Advisors has plans to acquire medical office buildings across the U.S., starting with a $130-million campus in Orange County, Calif.

Valbridge Senior Managing Director John Penner is advising the growth fund, which is driven by hospitals seeking to shed medical office space, redeploy capital in their core businesses and tap investor interest.

Across the country, from California to Tennessee to Massachusetts, Valbridge specialists in medical office properties are as ready as emergency room doctors to perform appraisals and provide due diligence and other advisory services.

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Heather Lueben, Brandon Lux and Andrew Trott are Valbridge's Newest MAIs

Valbridge's Heather Lueben, Brandon Lux and Andrew Trott have earned the prestigious MAI designation from the Appraisal Institute, signifying their high level of experience in the evaluation of commercial and other types of properties.

Based in Columbia, Md., Heather (pictured) received her master’s degree from the University of Pennsylvania and her bachelor’s degree from Savannah College of Art and Design. She has been an appraiser for 12 years.

Based in Oklahoma City at Valbridge’s new office, which he heads, Brandon received his bachelor’s degree and MBA from Oklahoma State. He’s been an appraiser since 2008.

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Law Firms and Valbridge: Perfect Partners

It's no secret why Valbridge professionals are attorneys' preferred partners. Law firms value our independence and standards of practice, both for routine assignments and to support the litigation process.

Valbridge pros know numbers and nuance, and are attuned to the way attorneys communicate. Our work runs the gamut: Tax appeals, IRS tax and accounting issues, title disputes, estate planning and appraisals including date-of-death appraisals and fractional interests, eminent domain/Right of Way, easement disputes, wrongful foreclosure, deficiency judgments, bankruptcy and adverse possession.

How strong is your client's case? We can help you figure it out.

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John Beery and John Wilson are Valbridge's Newest MAIs

John Beery of Valbridge Property Advisors l Allgeier Company and John Wilson of Valbridge Property Advisors | Oxford Group have earned the prestigious MAI designation from the Appraisal Institute, signifying their high level of experience in the evaluation of commercial and other types of properties.

Based in Louisville, Ky., Beery (left), who received his bachelor’s degree from the University of Kentucky, enjoys boating, spending time with his wife and 11-month-old daughter, and following Kentucky basketball and football. He’s been an appraiser for 12 years.

Based in Morris Plains, N.J., Wilson, who received his bachelor’s degree from Fairleigh Dickinson College, loves to travel, play golf, and do volunteer work for various charitable organizations, notably the Community Food Bank and Second Chance for Animals. A former Eagle Scout, he’s been appraising since 1986.

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Valbridge Welcomes Goldsborough and Schwertz to Board of Directors


Laird Goldsborough of Valbridge Property Advisors | Shaner Appraisals, Inc. and Arthur Schwertz of Valbridge Property Advisors l Argote, Derbes, Graham, Shuffield & Tatje, Inc. have been elected to Valbridge’s board of directors.

Laird is a state-certified general appraiser in Kansas and Missouri, chairman of the board of Datappraise, and a board member of the Overland Park Chamber of Commerce. He has served as president of the Kansas City Chapter of the Appraisal Institute.

Art is a state-certified general appraiser in Louisiana, Mississippi, Alabama and Texas and has been qualified as an expert witness in state courts in Louisiana and Texas as well as federal court. Additionally, he serves in a leadership role for the Louisiana Chapter of the Appraisal Institute as well as an associate instructor. 

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Industrial Strength: Valbridge Pros Know Manufacturing, Distribution Facilities

From the port cities on the East, West and Gulf Coasts to inland gateways such as Kansas City, Dallas and Atlanta, the industrial property sector is reinventing itself to meet domestic and offshore demand and support the modern-day supply chain.

Valbridge professionals every day appraise and analyze manufacturing, distribution, logistics and R&D properties. Valbridge service is industrial strength.

The last Mrs. Smith's apple pie you enjoyed or the Pella windows in your home may have been made in a building appraised by Valbridge.

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Greenville Office's Cycling Team Rides Again in "Wheels for Meals" Race

Valbridge Property Advisors | Robinson Company’s Greenville, S.C. office cycling team participated in the Wheels for Meals charity event on April 25. Partnered with KDS Commercial Properties, a brokerage firm, the team rode to benefit Meals on Wheels Greenville, which delivers 400,000+ meals each year to needy upstate residents.

The total raised by the event was $133,155, enough to provide more than 30,000 meals. The Valbridge/KDS team was the #1 fundraiser for the second year in a row with nearly $15,000 raised, including by Valbridge's Mark Ratchford, MAI, SRA, who raised $1,455.

Valbridge Property Advisors | Robinson Company is a primary sponsor of the annual Wheels for Meals cycling race in Greenville. Hincapie Sportswear created and produced a custom KDS/Valbridge jersey for the team.

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Seeing Green: Valbridge Analyzes Energy Costs, Impacts on Building Value

Facilities that are more energy efficient have the potential to produce lower operating costs, with more savings or net income at the end of the day. Valbridge can analyze the financial impacts of building energy performance across different property types. 

The Appraisal Institute and the Institute for Market Transformation prepared a report, “Recognition of Energy Costs and Energy Performance in Real Property Valuation.”

The report provides insight on how appraisers can evaluate building characteristics, including improvement costs and income and expenses, in addition to property comps and market information, to value so-called green features and green buildings.

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Which Site to Buy or Lease? What to Pay or Ask? Valbridge Can Analyze the Options


As the old saying goes, in real estate nothing matters more than “location, location, location.” But which location is best? And what should you pay if you’re a buyer or tenant, or ask if you’re a seller?

Valbridge professionals can help you evaluate the market feasibility of proposed development or reuse and weigh the challenges and opportunities offered by competing sites. In addition, we can reveal the fair market value of different locations in their current condition or as improved, and project rents or market value based on inventory and demand.

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Vanessa Hall and Benjamin Hays are Valbridge's Newest MAIs


Vanessa Hall of Valbridge Property Advisors l John Bosworth & Associates and Benjamin Hays of Valbridge Property Advisors | Atlantic Appraisals have earned the prestigious MAI designation from the Appraisal Institute, signifying their high level of experience in the evaluation of commercial and other types of properties.

Based in Charlotte, N.C., Vanessa, who originally hails from Chicago, received her bachelor’s degree from National Louis University. She teaches Zumba and other dance fitness classes, enjoys reading detective novels, and follows professional cycling races. She’s been an appraiser for 15 years, working on a broad range of assignments with a focus on proposed and existing multifamily properties.

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