March 3, 2022 9:00 AM
Newmark is pleased to announce Executive Vice President, Clay Roth, MAI and Senior Managing Director Matthew Victor, have been promoted to Valuation & Advisory (V&A) Co-Leaders of the Multifamily Specialty Practice. They will co-lead the specialty practice alongside Senior Managing Director Raymond Higgins, reporting to U.S. V&A Practice Leader, Helene Jacobson, MAI, MRICS.
“The Newmark V&A Multifamily Specialty Practice is a marquee name
for valuations of the most prominent and complex residential
properties,” said Jacobson. “Augmenting its leadership with Clay and
Matt alongside Raymond enhances an already strong practice with
extensive expertise in nuanced property sub-types and heightened
strategic vision.”
As the multifamily practice co-leaders, Roth, Victor and Higgins will
be responsible for developing new business, recruiting top appraisal
professionals, continuing to provide outstanding client service and
overseeing a team of experts whose innovative approach provides
best-in-class valuation and consulting services for multifamily
properties. The co-leaders will also leverage and promote Newmark
V&A’s proprietary technology product suite, which automates and
streamlines appraisal components for greater speed, efficiency and
quality.
Clay Roth joined Newmark V&A in 2018, serving as
Executive Vice President and Multifamily Team Leader for Texas and
Louisiana. With more than 30 years of real estate appraisal and
consulting experience, Roth’s expertise encompasses all multifamily
property types (including low- to mid- and high-rise) ranging from
standard, garden-style communities to luxury apartment complexes and
student housing. His experience also includes developments operating
under the affordable housing programs for state, local and federal
agencies for LIHTC; HUD Section 8; HOME; HAP; bond-financed communities;
and tax-exempt, not-for-profit 501(c)(3) properties. Roth is
MAP-certified through the U.S. Department of Housing and Urban
Development and is also qualified as an expert witness in civil and
federal bankruptcy courts in Houston, Texas. Previously, Roth served at
CBRE for over 20 years.
Matt Victor joined Newmark V&A in 2018 as Senior Managing Director and Market Leader for the Suburban New York Tri-State region. He brings to his position nearly four decades of experience performing appraisals, market studies and feasibility studies with extensive expertise in multifamily properties. Prior to joining Newmark, Victor served for nearly 10 years as managing director for valuation & advisory services at CBRE; and previously at Cushman & Wakefield for 24 years.
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK),
together with its subsidiaries (“Newmark”), is a world leader in
commercial real estate, seamlessly powering every phase of the property
life cycle. Newmark’s comprehensive suite of services and products is
uniquely tailored to each client, from owners to occupiers, investors to
founders, and startups to blue-chip companies. Combining the platform’s
global reach with market intelligence in both established and emerging
property markets, Newmark provides superior service to clients across
the industry spectrum. Newmark generated revenues in excess of $2.9
billion for the year ending December 31, 2021. Newmark’s company-owned
offices, together with its business partners, operate from approximately
160 offices with over 6,200 professionals around the world. To learn
more, visit nmrk.com or follow @newmark.
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