Charles R. Looney joined Newmark Valuation & Advisory in 2017 and currently serves as a vice president. Based in the company’s New York headquarters, Looney specializes in the valuation of various property types throughout Manhattan and New York City.
Prior to joining Newmark, Looney spent more than three years as an associate appraiser at Cushman & Wakefield, where he contributed to the valuation of property types that included trophy office buildings, retail condominiums, retail centers, vacant land, transferable development rights, historic and preservation easements, and existing and proposed investment properties located throughout New York City.
Since joining Newmark, Looney has completed valuations for several of the largest loans throughout New York City. Of the top ten largest finance loans recorded since 2018, Looney has completed valuations for 20 properties (which were asset classes that Looney specializes in) out of the 30 total deals. This activity resulted in a 67% market share for the largest loans closed since 2018, combining for over $20.3 trillion of loan commitments.
- Practicing Affiliate, Appraisal Institute Metropolitan New York Chapter
Looney holds a Bachelor of Science degree from the Marist College School of Science.