Joseph D. Pasquarella MAI, CRE, is a Senior Managing Director and Market Co-Leader for the Philadelphia based office of Newmark’s Valuation & Advisory services platform. In this role, Pasquarella provides leadership of the valuation and advisory services operations as well as business development and oversees a team of appraisers with a market area that includes Eastern Pennsylvania, and the Southern half of New Jersey.
With over five decades, Pasquarella has extensive experience in the valuation of major retail, office, multifamily, and industrial/logistics properties as well as parking garages, hotels and vacant land. Pasquarella’s clients have included life insurance companies; global, national and regional financial institutions; REITS, private equity, high net worth investors; developers; and law and accounting firms. Pasquarella has provided expert testimony for litigation, assessment appeals, Pennsylvania Courts of Common Pleas, and Fedral Bankruptcy courts.
Actively engaged in commercial real estate valuation since 1973 when Pasquarella began his career in the real estate investment department of the Prudential Insurance Company of America. Pasquarella formed his valuation and advisory firm in 1980 focusing on the valuation of major investment properties for leading financial institutions, investors, and developers.
Pasquarella was a founding member of Integra Realty Resources where he served on its board of directors from 1999 to 2013.
Professional Achievements
- Editor of Newmark’s North American Market Survey since 2018.
- From 1973 to 1991, Adjunct Assistant Professor of Real Estate at Temple University’s Fox School of Business.
- Former Chairman of the Pennsylvania Board of Certified Real Estate Appraisers during the last 4 years of his 8-year term.
- Current Member - Temple University Real Estate Advisory Council
Licenses and Designations
- MAI since 1978 (#5822), Appraisal Institute, Life Member
- CRE since 1988, The Counselors of Real Estate
- Certified general real estate appraiser in Pennsylvania and New Jersey
- Licensed real estate broker since 1973, Commonwealth of Pennsylvania
Education
Pasquarella holds a Master of Science Degree (Major: Real Estate Valuation & Investment Analysis) from the School of Business at the University of Wisconsin–Madison (1973) and Bachelor of Business Administration (Majors: Real Estate and Economics) from the Fox School of Business at Temple University (1972).
Completed numerous real estate-related courses and seminars sponsored by the Appraisal Institute and accredited universities. Pasquarella is certified by the Appraisal Institute’s voluntary program of continuing education.