Landauer Valuation & Advisory, a division of Newmark Grubb Knight Frank (NGKF), announced that it has opened its Miami office, headed by valuation expert William R. Hemingway, MAI, MRICS.
Mr. Hemingway, a respected 28-year industry veteran, has been a designated member of the Appraisal Institute for more than 22 years. He has completed hundreds of institutional quality appraisals, analyses and market studies in Florida, having lived and worked in Miami for more than 16 years. Mr. Hemingway most recently operated his own appraisal practice, Hemingway and Associates, and earlier in his career worked for CBRE and Integra Realty Resources in Miami.
“There are many real estate service organizations, but Landauer is the right fit for our team,” said Mr. Hemingway. “Miami is a dynamic and growing international metropolis, and the emerging developments in this and the greater South Florida market create unique valuation challenges for investors and property owners. NGKF’s platform provides superior access to information and a broad array of services and solutions for our clients. The breadth and depth of knowledge of our experienced professionals, access to proprietary databases, client friendly products and vast business relationships, allows Landauer to uniquely help even the most sophisticated clients meet those challenges.”
Jerry Sanders, MAI, MRICS, executive managing director, said, “The expansion of Landauer coverage into Miami and South Florida supports our strategic plan to continue to selectively expand to provide comprehensive local market expertise in all major markets. The Miami team covers all property types and is a great addition that further strengthens our portfolio valuation practice.”
NGKF added Landauer’s commercial real estate appraisal and valuation consulting expertise to its extensive list of client services in 2012. The new Landauer Miami office will focus on valuation, research and specialty consulting for institutional and non-institutional commercial real estate and will support the company’s portfolio valuation practice.
About Landauer Valuation & Advisory
Landauer Valuation & Advisory, a division of Newmark Grubb Knight Frank, provides appraisal, valuation and consulting services to REITS, pension funds, insurance companies, investment advisory and management companies, special servicers, corporations, owners and investors, developers, nonprofit organizations and government agencies, attorneys and financial institutions. Founded in 1946, Landauer is one of the longest lasting and most respected brands in the commercial real estate appraisal and specialty consulting industry.
With regional hubs in Los Angeles, Chicago, New York and Atlanta, Landauer Valuation & Advisory offers single asset and portfolio valuations; market analysis and feasibility studies; partial interest valuations; and lease, cost and debt analysis, for all types of commercial real estate, including multifamily, office, industrial, retail, hotels and resorts, special purpose, and vacant land. Structured around the most current and accurate data available, state-of-the-art technology and proprietary systems, Landauer professionals consistently work with sophisticated real estate clients to deliver objective and insightful solutions to the most complex real estate problems in the marketplace.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the world’s leading commercial real estate advisory firms. Together with its affiliates and London-based partner Knight Frank, Newmark Grubb Knight Frank employs more than 11,000 professionals, operating from more than 340 offices in established and emerging property markets on five continents.
With roots dating back to 1929, Newmark Grubb Knight Frank’s strong foundation makes it one of the most trusted names in commercial real estate. Its integrated services platform includes leasing advisory, global corporate services, investment sales and capital markets, consulting, program and project management, property and facilities management, and valuation services. A major force in the real estate marketplace, Newmark Grubb Knight Frank serves the local and global property requirements of tenants, landlords, investors and developers worldwide. For further information, visit www.newmarkkf.com.
Newma… Grubb Knight Frank is a part of BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company primarily servicing the wholesale financial and real estate markets. For further information, visit www.bgcpartners.com.