Michelle D.M. Koeller MAI, MRICS, is a senior managing director and market leader for Newmark Valuation & Advisory where she leads the development of the firm’s service platform in the Midwest. Based in Minneapolis, Michelle oversees all aspects of the practice for the states of Minnesota, Iowa, Wisconsin, North Dakota, South Dakota and Nebraska. A highly skilled appraiser with 30+ years of experience, Michelle has prepared and performed valuations and market analyses on a broad range of properties that include single and multi-tenant industrial facilities, low-to-high rise office buildings, mixed-use facilities, shopping centers, single-tenant retail, apartment complexes, market-rate multifamily and subsidized housing as well as vacant land for different uses.
Additionally, Michelle has performed specialized real estate valuation and market studies on hotels, resorts, marinas, auto dealerships, theaters, mini-storage facilities, convenience stores, truck stop/travel centers, grain elevators, medical offices, seniors housing facilities and residential land subdivisions.
Michelle has completed valuations and market studies on proposed, partially completed, renovated and existing properties. She has carried out valuations for mortgage financing, condemnation, tax appeal, investment counseling, potential sale or purchase, leasehold and rental analysis, and feasibility analysis. Clients have included commercial banks, developers, corporations, individual property owners, public agencies, insurance companies and legal firms. Michelle has also performed numerous HUD MAP valuations and market studies.
Prior to Newmark, Michelle served as an executive director in the Minneapolis/St. Paul office of Integra Realty Resources. Actively engaged in real estate valuation since 1991, Michelle joined IRR in 1997 after working with several private firms in the Wisconsin area.
- Appraisal Institute, North Star Chapter
Board of directors, 2006 - 2014
Vice president, 2012
- Designated member, Appraisal Institute (MAI)
- Member, Royal Institution of Chartered Surveyors (MRICS)
- Member, NAIOP
- Member, Minnesota Shopping Center Association (MSCA)
- Member, Minnesota Commercial Real Estate Women (MNCREW)
- Member, National Network of Commercial Real Estate Women (NNCREW)
- Board of directors, Integra Realty Resources, 2011 - 2015
- Certified General Real Property Appraiser, states of Minnesota, Wisconsin, Iowa, North Dakota, South Dakota, Nebraska and Illinois
Michelle earned her Bachelor of Business Administration degree from the University of Wisconsin–Milwaukee. In addition, Michelle has successfully completed numerous real estate related courses and seminars sponsored by universities and the Appraisal Institute. She is currently certified by the Appraisal Institute’s voluntary program of continuing education for its designated members.