Michael Silverman, MAI, CRE, MRICS is a Senior Managing Director at Newmark Valuation & Advisory, and Market Co-Leader for Eastern Pennsylvania, and southern New Jersey.
Silverman brings to his position more than 30-years providing real estate valuation and counseling services focused on real property. These services reflect a variety of property types, primarily located in Pennsylvania and New Jersey, including unapproved / unimproved land, approved / unimproved & improved land, proposed development sites (single-family subdivisions, multi-family, office, retail, special-purpose / institutional, industrial, and many other uses). In addition, services are performed on many types of owners occupied and investment real estate spanning from local operator / users to large national or international credit tenant occupied facilities.
Assignments have been prepared in connection with financing, assessment appeals, condemnation/eminent domain, litigation support, market studies, acquisition and disposition opportunities, equity participation, due diligence support, appraisal reviews, lease negotiations, title issues, matrimonial, estate planning, gift tax purposes, and solving for a variety of many complex real estate issues.
Clients include individual property owners, corporate services, law firms, financial institutions, life insurance companies, pension funds, quasi government and government agencies, (PennDOT, SEPTA, City of Philadelphia, Center City District - Philadelphia, Bristol Township, and Radnor Township), development companies, regional and national investors, Universities, and many others.
Silverman joined Newmark from Integra Realty Resources in 2017, when the firm acquired several affiliate offices. At the time of acquisition, he was serving as Managing Director / Partner.
Additionally, Silverman is qualified as an expert witness before the Court of Common Pleas in the City of Philadelphia, Delaware, Lehigh, Berks, Chester, and Montgomery Counties; Superior Court in the City of Camden and Washington D.C.; Federal Bankruptcy Court in Philadelphia, various Tax Assessment Appeal Boards throughout the Commonwealth of Pennsylvania, and Boards of View in connection with condemnation / eminent domain in the City of Philadelphia, Berks, Montgomery, and Delaware Counties.
Professional Affiliations
- Appraisal Institute Philadelphia Metro Chapter:
- President, 2011
- Vice president, 2010
- Treasurer, 2009
- Education chair, 2007 – 2009
- Secretary, 2008
- Counselors of Real Estate – Delaware Valley Chapter
- Chair, 2017
Licenses and Designations
- MAI designation, Appraisal Institute
- CRE designation, the Counselors of Real Estate
- Member, Royal Institution of Chartered Surveyors (MRICS)
- Certified general real estate appraiser, Commonwealth of Pennsylvania and State of New Jersey
- Licensed real estate broker, Commonwealth of Pennsylvania
Education
Silverman earned a Bachelor of Science degree in Real Estate from the Smeal College of Business at Pennsylvania State University in 1993. He has successfully completed numerous real estate and valuation courses and seminars sponsored by the Appraisal Institute, accredited universities and others. Silverman served as an instructor at Temple University Real Estate Institute for several years where he taught Real Estate Principles and has educated many real estate brokers, appraisers, and tax assessors in the Philadelphia market area.