Paul M. Colella MRICS, joined Newmark Valuation & Advisory in 2019 and currently serves as a Vice President. Based in the company’s Whippany, New Jersey office, Paul brings to his position more than 10 years of commercial real estate valuation and consulting experience.
Paul is actively engaged in a wide range of commercial and industrial real appraisal and consulting assignments. He has performed appraisals on a wide variety of property types, including full- and limited service hotels and motels, office and industrial buildings, estates, retail properties, special-purpose properties, multifamily developments and subdivisions, and land development analysis. Assignments include litigation consultation, commercial mortgage financing and estate tax valuation, acquisition/disposition analysis.
Prior to Newmark, Paul served as a senior appraiser with CBRE Valuation & Advisory Services in Saddle Brook, New Jersey.
- Candidate for designation, Appraisal Institute
Licenses and Designations
- Member, Royal Institution of Chartered Surveyors (MRICS)
- Certified general real estate appraiser, state of New Jersey
Paul M. Colella earned a Bachelor of Arts degree in communications from William Paterson University. Paul has also completed the following advanced Appraisal Institute courses; Quantitative Analysis, Highest and Best Use, Income Capitalization, and Concepts and Case Studies.
Paul also regularly attends seminars, lectures and classes to keep up to date on issues affecting the appraisal field and real estate industry in general.