Newmark announces the continued growth of its Valuation & Advisory (V&A) practice with the addition of several prominent local appraisers to its Seattle and Portland offices covering Alaska, Oregon and Washington. The newly added professionals consistently complete appraisals on all core asset types including multifamily, retail, industrial and office. Additionally, many individuals have developed specialty expertise beyond the core assets types.
In Seattle, Senior Managing Director, Stan E. Wolf, Market Leader - Pacific Northwest, welcomes Executive Vice President Nancy Dawn, Senior Vice President Dane Armbruster, Senior Vice President Joe Dracobly and Senior Vice President Chris Mealy along with experienced Analysts Darnell Ford, Austin Johnson and Devon Preiser.
In Portland, Senior Vice President Ryan S. Prusse, Senior Vice President Jennifer Tillema, Vice President John Boyle and experienced Analyst Louis Knox have joined the V&A team.
Stan E. Wolf, MAI brings 28 years of experience to his practice and leads the Pacific Northwest region. Wolf’s experience comprises various specialties including business parks, medical office buildings and entertainment assets. He worked for Colliers International in Dallas for three years as a senior managing director, and for CBRE for 16 years in Portland, Seattle and San Francisco.
Nancy Dawn is a senior member of V&A’s Hospitality, Gaming & Leisure (HGL) Specialty Practice with 25 years of experience appraising and consulting on a broad range of hospitality assets including upscale resorts and spas; conference and convention centers; and mixed-use projects. Dawn oversees HGL services for Alaska, Hawaii, the Pacific Northwest and the Rocky Mountains. She was formerly an executive director at Cushman & Wakefield for nearly 12 years.
Dane Armbruster, MAI has ten years of valuation experience, primarily emphasizing on office including high-rise towers, business parks and medical facilities. Most recently, he was a senior director with Cushman & Wakefield for six years and was also a member of the Office Specialty Practice and Dispute Analysis and Litigation Support Specialty Practice Groups.
Joe Dracobly, MAI has approximately 17 years of experience appraising and consulting on core asset types, land and special use properties. Prior to working at Newmark, Dracobly worked for seven years in Cushman & Wakefield’s Seattle office, where he specialized in market-rate apartments for proposed and existing projects.
Chris Mealy, MAI, MRICS, ASA has performed valuation assignments for a variety of property types over the last 12 years. A member of V&A’s Retail/Regional Malls Specialty Practice, Mealy focuses predominantly on retail including regional malls, lifestyle centers, power centers and net leased properties. He was previously a senior director for Cushman & Wakefield for five years and worked for CBRE for seven years prior to that, where he was a senior appraiser and Pacific Northwest retail specialist.
Ryan S. Prusse, MAI brings 25 years of experience to his role, having performed appraisals on most property types including assets possessing urban growth boundary (UGB)/subdivision potential, LEED/green features, contamination issues, low-income housing tax credit (LIHTC) and eminent domain issues. Additionally, Prusse is a qualified expert witness in numerous county, state and federal courts. Prior to joining Newmark, Prusse owned and operated RSP & Associates LLC, one of the premier commercial valuation firms in the Pacific Northwest, for 19 years.
Jennifer Tillema, MAI has 25 years of experience and brings to her position substantial expertise in commercial real estate valuation and market studies along with valuation analyses on tax increment financing (TIF) arrangements and tax abatements. She has worked with clients on core property types as well as specialized assets, including medical facilities, mixed-use developments, auto dealerships, manufactured home communities and theaters. Prior to joining Newmark, Tillema was a senior director with Cushman & Wakefield for 18 years.
John L. Boyle has ten years of commercial real estate valuation experience and has advanced expertise in multifamily and manufactured parks. He has valued most property types, including agricultural, subdivisions, going concerns, luxury residential and land. Prior to joining Newmark, Boyle worked for RSP & Associates LLC for ten years, completing thousands of assignments for a diverse client base.
“The additions of so many strong, local specialists are a great boost to our regional team, and we look forward to leveraging their diverse experience as we continue to grow our practice,” commented Wolf. “They perpetuate our mission of providing the most outstanding service with the most knowledgeable professionals in the field, and we are proud to welcome them aboard as we accelerate business development.”
Newmark (“Newmark”), operated by Newmark Group, Inc. (“Newmark Group”) (NASDAQ: NMRK), is one of the world’s leading and most trusted commercial real estate advisory firms, offering a complete suite of services and products for both owners and occupiers. Together with London-based partner Knight Frank and independently-owned offices, Newmark’s 16,000 professionals operate from approximately 430 offices on six continents. Newmark’s investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting, government-sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. For further information, visit www.ngkf.com. Newmark Group is a publicly traded subsidiary of BGC Partners, Inc. (“BGC”) (NASDAQ: BGCP), a leading global brokerage company servicing the financial and real estate markets.
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