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
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.
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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