Clay M. Roth, MAI, joined Newmark Valuation & Advisory in 2017 and currently serves as an Executive Vice President in the firm’s Houston office. Clay has over 30 years of real estate appraisal and consulting experience working for financial institutions, insurance companies, attorneys, individuals and several federal agencies. His overall valuation experience includes appraisals of numerous types of commercial properties including motels/hotels, apartments, office buildings, retail facilities, nursing homes, assisted living facilities, congregate care facilities, industrial properties, vacant commercial sites and numerous special-purpose facilities.Clay specializes in the valuation of investment-grade multifamily communities for institutional lenders. His experience includes all property types (low-rise, mid-rise and high rise) ranging from standard two-story, garden-style communities to luxury-oriented apartment complexes, both existing and proposed. He has produced numerous related appraisal reports, appraisal reviews and market feasibility studies for lenders, operators and developers. Clay also has significant experience with Fannie Mae and Freddie Mac assignments. This experience relates to numerous encumbered 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. Clay is MAP certified through the U.S. Department of Housing and Urban Development. Clay has also Qualified as an expert witness in Civil and Federal Bankruptcy Courts, Houston, Texas.
Licenses and Designations
- MAI designation, Appraisal Institute
- Certified general real estate appraiser, states of Texas, Louisiana, Oklahoma and Arkansas
Clay earned a Bachelor of Business Administration degree in finance from Texas State University. He has also completed continuing education with the U.S. Department of Housing and Urban Development, including the MAP training seminar, and various courses with the Appraisal Institute.