Brock J. Rule MAI, ASA-BV, joined Newmark Valuation & Advisory in 2020 as a senior managing director in the Overland Park, Kansas office and as the leader of the Retail Petroleum & Restaurant specialty practice. Brock has more than 35 years of valuation and advisory experience that applies to all elements of value: real estate, equipment and intangible assets.
Brock transitioned to Newmark upon its acquisition of Hopkins Appraisal Services, which specialized in retail petroleum facilities (gas stations, convenience stores, service stations, truck stops, car washes, etc.) and restaurants. During his two decades at Hopkins, Brock served as COO and was the founder of its restaurant and financial reporting practices.
Previously, Brock worked at Rule & Company, Inc., from 1985 until its merger with Hopkins Appraisal Services in 2000. He began his appraisal career as a commercial generalist with Rule & Company, where he worked on the largest developments in his Kansas City market. He developed expertise in airport leaseholds, low-income housing tax credits (LIHTC) and lodging (including casinos).
Brock is a frequent speaker at industry conferences, including the OPIS Site School, the SIGMA Masters Program, the NACS Show, the Society of Chief Appraisers and the Outlook Leadership Conference.
Licenses and Designations
- MAI designation, Appraisal Institute
- ASA-BV designation, American Society of Appraisers
- Certified general appraiser, Commonwealths of Kentucky, Massachusetts, Pennsylvania, and Virginia; states of Arkansas, California, Colorado, Connecticut, District of Columbia, Delaware, Georgia, Iowa, Illinois, Indiana, Kansas, Maryland, Michigan, Minnesota, Missouri, Mississippi, Nebraska, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Vermont, Washington, Wisconsin, and West Virginia
“Restaurant Valuation,” The Appraisal Journal, Spring 2014 (Appraisal Institute: Chicago, 2014), 118-124
Brock earned a Bachelor of Science degree in chemical engineering from the Rose-Hulman Institute of Technology.