The current U.S. economy could be best described as a mixed bag. The recently released Q2 real GDP estimate showed an annual rate increase of 2.8%. Yet, employment growth is starting to lag. Meanwhile, the Federal Reserve continues its higher-for-longer interest rate stance, wanting to be sure that inflation is on a downward trend before commencing any cutting.
Chicago, IL, June 3, 2024 – Partner Valuation Advisors, a top 10 national appraisal firm, continues to expand its leadership team with the addition of McKenna Luke, MAI, who joins to lead the firm’s National Hospitality Practice Group. Ms. Luke will be responsible for driving the growth of the firm’s hospitality work related to appraisals, market studies, large portfolio engagements, and consulting assignments.
Ms. Luke has overseen and completed thousands of assignments spanning hospitality properties from a small, independently owned motel to the most expensive resort in the U.S. She brings extensive nationwide hotel consulting and valuation experience having worked in 45 states and valued roughly $9 billion of assets in 2023 alone, combining for a total of more than $30 billion in the last five years.
“McKenna is a nationally renowned professional in the hotels and hospitality field, and we are thrilled to have her be part of our team,” said Partner Valuation Advisors’ Senior Managing Director, Eric L. Enloe, MAI, CRE, FRICS. “Her background in the hospitality area spans virtually every market, asset type, and stage of a project.”
Ms. Luke has earned a reputation as a trusted advisor for hotel development and brings a deep understanding of hospitality markets, having consulted on complex assignments including portfolios, hotels, condo-hotels, resorts, resort residential, mixed-use, waterparks, golf, membership clubs, glamping, and experiential destinations. In addition to traditional hospitality work, she has conducted valuations of casino operations in Las Vegas, Atlantic City, and Pennsylvania, as well as ski resorts in California, Montana, North Carolina, and Canada.
“I look forward to leading the growth within the hospitality division at Partner Valuation Advisors in concert with industry-leading professionals spanning a multitude of asset types,” said Ms. Luke. “The industry has evolved beyond a stand-alone hotel to embrace a number uses in one box and creative offerings in the hospitality space. Our tech-forward and innovative solutions across numerous asset types will bring new approaches that are closely aligned with today’s industry needs.”
Prior to joining Partner Valuation Advisors, Ms. Luke served as a Managing Director at HVS, where over a nearly 12-year period she directly completed or supervised thousands of appraisals throughout the Southwest and nationally, oversaw firm-wide appraisal standards, developed a training and development program, and managed client relations.
Ms. Luke graduated summa cum laude from the University of Denver, from which she later earned an MBA. She holds numerous state-certified general appraisal licenses and is a Designated Member of the Appraisal Institute (MAI).
Published in Connect CRE Publication on November 2, 2023 – With lots of investment dollars on the sidelines for Seniors Housing, Brian Chandler, senior managing director, shared a deep, comprehensive analysis of the recession-proofed sector, in a recent interview by ConnectCRE. The 2023 U.S. Seniors Housing Investor Survey Report is now available.
Erik Hill, MAI, CRE, FRICS, authors an article in Globe St. Publication regarding healthcare investment insights.
Published in Globe St. Publication on November 13, 2023 – Investors looking for steady returns are checking out healthcare real estate for opportunities. While Medical Offices and Hospitals are the most common product types, the lesser-known alternative building types have historically generated higher returns. In this article, Erik Hill, MAI, CCIM, MRICS, Managing Director, shares healthcare investment insights on the opportunities, pros and cons, and financing landscape of the traditional and alternative property types. Take the 2023 U.S. Healthcare Investor Survey.
Eric L. Enloe, MAI, CRE, FRICS, went before Connect CRE’s cameras at the recent Connect Investment & Finance 2023 event.
Published in ConnectCRE Online Publication on November 14, 2023 – Compared to 2023, senior managing director Eric Enloe at Partner Valuation Advisors sees commercial real estate transactions increasing.
In the video, you’ll get more insights from Enloe, who went before Connect CRE’s cameras at the recent Connect Investment & Finance 2023 event.
Brian L. Chandler, MAI, CRE, FRICS, is named in GlobeSt.com's annual picks for influencers in the senior housing and healthcare sectors.
Published in GlobeSt.com Publication on November 28, 2023 – Congratulations to our very own Brian Chandler, MAI, CRE, FRICS, Senior Managing Director for receiving the Seniors Housing Influencer Award from GlobeSt.com. Bringing more than 30 years of valuation experience and CRE perspectives, Mr. Chandler is not only a member of the firm’s national leadership team, but he also leads one of the most prestigious specialty teams of professionals serving seniors housing clients nationwide. In that capacity, he continues to navigate the nuances of this specialty sector by providing actionable insights. Mr. Chandler is a mentor and an integral part of Partner Valuation Advisors. We are very proud of his accomplishment.