December 19, 2022 9:00 AM
Newmark Valuation & Advisory (Newmark V&A) announces the launch of its Litigation Support & Consulting practice and names Raymond Cirz, MAI, CRE as its practice leader. In this role, Cirz will oversee the Litigation Support & Consulting practice, strengthen and expand client relationships, and develop new business growth opportunities. Based in New York City, Cirz will continue to partner with Matthew S. Krauser CRE, FRICS to provide strategic consulting services across all commercial real estate asset types for the nation’s most prominent attorneys, corporations, governmental agencies, tenants and owners in the Tri-state New York region. Cirz and Krauser will report to Newmark V&A U.S. Practice Lead, Helene Jacobson MAI, MRICS.
“With Ray leading this new Newmark V&A business line, the launch of this practice deepens our offerings and continues to establish our team as go-to experts from coast to coast,” said Jacobson. “This team’s successful track record as expert witnesses in the courtroom, along with Newmark V&A’s nationwide network of appraisal resources across all commercial real estate, differentiates Newmark V&A’s litigation support services.”
The practice’s experts are seasoned consultants, specializing in complex assignments such as air rights, pipelines, easements, options and leaseholds, ground leases and other various property interests. The team also provides services such as estate planning, arbitration/meditation, borrower and lender disputes, bankruptcy reorganization, title disputes, rebuttal expert reports, partnership disputes, ad valorem taxation, real estate contract disputes, eminent domain/right-of-way and riparian rights. The national practice comprises 13 litigation appraisal specialists qualified in many courts and panels across the U.S.—including U.S. Bankruptcy Court, U.S. District Court, numerous state superior and tax courts, the American Arbitration Association, condemnation panels and planning boards/boards of adjustments. The professionals have achieved landmark results in wide-ranging cases, including portfolio valuations, air right disputes and ground rent determinations.
“I am excited to help guide the natural evolution of litigation support services within Newmark V&A,” said Cirz. “After leading the New York tri-state area with Matt in this discipline for years, formalizing our approach will enable us to assist our public and private partners collaboratively and holistically, and yield beneficial results on behalf of our clients.”
Newmark V&A combines cross-division capabilities with a centralized approach to strategic valuation. The practice group’s rising prominence has been fueled by deftly leveraging technology coupled with a large and growing group of best-in-class professionals and asset-class specialists.
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 of approximately $3.1 billion for the twelve months ending September 30, 2022. Newmark’s company-owned offices, together with its business partners, operate from approximately 180 offices with nearly 6,700 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
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