Chandler Named Healthcare & Senior Housing Influencer

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.

Read the entire article now.

Seven Seniors Housing Specialists Across the Country Join Partner Valuation Advisors

Focusing on the Top Performing Seniors Housing Sector

Chicago, June 29, 2023 – Partner Valuation Advisors, a national commercial real estate valuation advisory firm, continues its rapid growth across the country, furthering its position as the fastest-growing commercial real estate valuation advisory firm in the U.S. Partner Valuation Advisors has expanded its seniors housing team with the hiring of seven professionals. The new additions are spread across four states and include Shawn-James O’Connor, Executive Vice President, Patrick McCrae, Director, Andrea Roberts, Director, Bradley Grossa, Director, Allison Stavinoha, Director, Karlie Guta, Senior Vice President, and Jacob Sandler, Associate.

Partner Valuation Advisors’ Senior Managing Director Eric Enloe, MAI, CRE, FRICS, said, “Our footprint has rapidly expanded nationally over the past 10 months, and we continue to build our specialty practice teams to better serve clients through unrivaled expertise assembled to manage complex asset valuations. Under the leadership of national seniors housing practice leader, Brian Chandler, the addition of these seven team members positions Partner Valuation Advisors as the premier seniors housing valuation team in the country, which is why the largest investors and lenders in this sector rely on us as a trusted advisor helping guide strategic decisions.”

The seniors housing sector has proven to be a top performer during recessionary periods due to the needs-based nature of the asset class. There are significant amounts of capital currently on the sidelines that are ready to be deployed into the industry once economic pressures subside as a result of the senior housing sector’s long-term demand trends and recession-resistant nature.

The latest additions to Partner Valuation Advisors

Shawn-James O'Connor, Executive Vice President, Denver, Colorado, brings over 23 years of expertise in seniors housing and health care. Throughout his career, he has focused on valuation and consulting engagements encompassing a diverse range of seniors housing and long-term care properties. His extensive experience includes conducting numerous comprehensive appraisals nationally, with a particular emphasis on multi-level care retirement campuses and continuing care retirement communities (CCRCs). Furthermore, Mr. O'Connor has demonstrated his proficiency as an expert witness. His expertise has been sought in various legal proceedings, including those before the State Board of Assessment Appeals Court in Colorado, the State Board of Equalization in Arizona, and the Board of Equalization in Missouri. He previously served at JLL Valuation & Advisory as well as Cushman & Wakefield and has performed valuation assignments on more than 2,000 seniors housing and healthcare assets in 49 states, the District of Columbia, and Canada.
Patrick McCrae, Director, Florida and Pennsylvania, brings 18 years of commercial real estate experience appraising retail, office, industrial, multifamily, hotels, and special-use assets throughout the United States. He joins after serving six years as a Senior Director at JLL Valuation & Advisory. For the past 15 years, Mr. McCrae has specialized in the appraisal of seniors housing properties. Mr. McCrae has distinct experience in ad valorem tax appeal, assisting national clients by preparing appraisals for and testifying in tax appeal hearings. For several years, Mr. McCrae was appointed as a Special Magistrate by the Hillsborough County (Florida) Value Adjustment Board, where he presided over tax appeal hearings for a variety of residential and commercial property types.
Andrea Roberts, MAI, Director, Dallas, Texas, conducts appraisals for seniors housing and health care properties nationwide. Ms. Roberts joins with 11 years of appraisal-related experience, including eight years of specialized experience appraising senior housing and health care-related properties, having most recently served at JLL Valuation & Advisory.
Bradley Grossa, Director, Grand Rapids, Michigan, conducts appraisals for seniors housing and health care properties nationwide. He joins with seven years of appraisal experience, most recently at JLL Valuation & Advisory.
Allison Stavinoha, Director, Plano, Texas, conducts appraisals for seniors housing and healthcare properties across the U.S. Ms. Stavinoha joins with five years of experience, having most recently served at JLL Valuation & Advisory.
Karlie Guta, Senior Vice President, Dallas, Texas, conducts national appraisals for seniors housing and healthcare properties, however, her concentration of work has been across the Sunbelt and Pacific Northwest regions of the U.S. Ms. Guta joins with four years of experience, having most recently served at JLL Valuation & Advisory.
Jacob Sandler, Associate, Plano, Texas, brings commercial real estate appraisal experience involving seniors housing assets nationally. He joins from JLL Valuation & Advisory and has experience in appraisal work, team management, tech development, and championing a culture of diversity, equity, and inclusion.
Brian Chandler, MAI, CRE, FRICS, Senior Managing Director, adds, “Strong demand drivers provide a bright outlook for the seniors housing sector as the effects of an aging population will continue to impact growth in the sector. However, the next 24 months for the sector will be challenging at best. A combination of factors encompassing the lingering effects of the pandemic, labor market challenges, continued increased interest rates, rising cost of debt, increased construction costs, and higher capitalization rates is expected to continue in 2023 and will most likely produce more distressed acquisitions in the marketplace.”

Those considerations will drive a need for valuation experts who bring a deep understanding of the seniors housing sector, both from an investment standpoint as well as an operational perspective. Investors will seek advice on how to navigate the rising cost of capital that is materially impacting lending rates. Most senior housing market participants believe the actions taken by the Federal Reserve to fight rising inflation have impacted market pricing and expected investor returns. Active buyers are still in the market, but there continues to be a wider spread between the asking price and bidding price today. Deals are taking longer to transact as buyers are requesting longer due diligence periods.

Since launching in September 2022, Partner Valuation Advisors has issued over 1,236 valuations with an aggregate commercial real estate value exceeding $42 billion across 49 states. The Chicago-based, technology-forward firm has grown to more than 80 employees in 26 markets nationally, making it the fastest-growing commercial real estate valuation advisory company in the U.S. In recent months, 11 other CRE leaders have joined Partner Valuation Advisors.

Partner Valuation Advisors serves investors, lenders, investment funds, and real estate occupiers. Partner Valuation Advisors’ team members hold appraisal licenses in all 50 states and the firm has offices in Atlanta, Austin, Baltimore, Chicago, Cincinnati, Dallas, Denver, Des Moines, Indianapolis, Jacksonville, Los Angeles, Kansas City, Knoxville TN, Miami, New York City, Northern NJ, Phoenix, Raleigh, NC, Seattle, St. Louis, Tulsa, OK and Washington, D.C.

About Partner Valuation Advisors

Partner Valuation Advisors is a Chicago-based affiliate company of Partner Engineering and Science, Inc. The valuation enterprise was introduced in 2022 with the formation of a new team of leaders focused on performing commercial real estate valuations nationally for investors, lenders, and real estate occupiers. The team is led by Brandon Nunnink, CFA, and Eric Enloe, MAI, CRE, FRICS. Please visit us online at www.PartnerVal.com.

About Partner Engineering and Science, Inc.

Partner is the most trusted choice for third-party due diligence and consulting in the commercial real estate industry, providing full-service engineering, environmental, and energy services throughout the Americas, Europe, and around the globe. With a multidisciplinary approach, Partner serves clients at all stages from initial due diligence and design to development and construction, as well as the ongoing maintenance and optimization of a real estate asset.

Media Contact:

Partner Engineering and Science
Erika Haberlen
Marketing Director, Principal
310-615-4500
[email protected]

Ross Friedman Joins Partner to Expand New York and Tri-State Markets

Ross Friedman, MAI, AI-GRS, will serve as Managing Director

New York, NY - June 27, 2023 – Partner Valuation Advisors, a national commercial real estate valuation advisory firm, added Ross Friedman, Managing Director, to its rapidly growing leadership team. Friedman will lead the New York Tri-State practice for Core 3 asset types: industrial, office, and retail.

Since launching in September 2022, Partner Valuation Advisors has issued over 1,120 valuations with an aggregate commercial real estate value exceeding $33 billion across 45 states. The Chicago-based, technology-forward firm has grown to more than 80 employees in 26 markets nationally, making it the fastest-growing commercial real estate valuation advisory company in the U.S. Partner Valuation Advisors serves investors, lenders, investment funds, and real estate occupiers.

Partner Valuation Advisors’ Senior Managing Director Eric Enloe, MAI, CRE, FRICS, said, “Ross will be a tremendous asset to Partner Valuation’s continued national growth, and will be counted on to grow our presence in the New York and Tri-State markets. Ross has established himself as one of the top valuation professionals in the market. He has valued many of the most complex office, retail, and industrial assets and is trusted by some of the largest institutional investors in the U.S.”

In his prior roles, Friedman’s valuation and consulting assignments have included investment-grade properties in local, national, and international markets for commercial lending, financial reporting, portfolio valuation, tax purposes, litigation, and due diligence. Throughout his career, he has significant experience working on large-scale projects including Class A office towers on Madison and Park Avenue in New York, million-square-foot industrial properties in the Tri-State region, and hundreds of lease valuations for dental offices, fast food restaurants, and retail stores across the Northeast.

Prior to joining Partner Valuation Advisors, Friedman served as Executive Vice President and Tri-State Leader at JLL Valuation Advisory from 2021-2023, where he was responsible for establishing and developing the Tri-State region in Core 4 assets (Office, Industrial, Retail & Multifamily). Friedman also served as Director of BBG, Inc., where he led the National Operations for the Financial Reporting practice from 2016 to 2021. Earlier in his career, he worked in the New York region for RSM US LLP, an accounting firm, and Citigroup, a financial institution.

In recent months, 10 other CRE leaders have joined Partner Valuation Advisors including P. Ryan McDonald, MAI, FRICS, Managing Director in St. Louis; Owen “Chip” Ard, MAI, and Andrea Gillman, Managing Directors in Tulsa; Erik Hill, MAI, CCIM, MRICS, in Dallas; Brian Chandler, MAI, CRE, FRICS, in Raleigh, NC; Lana Lenovitz, MAI, MRICS, in Washington DC; Kenneth Jaggers, MAI, FRICS, in Kansas City, MO; Creighton R. Cross, MAI, AI-GRS, in Knoxville, TN; Justin Alexander, MAI, in Seattle, WA; and Talani Casariego, MAI, in Atlanta, GA. Additional senior-level hires are anticipated to join the firm over the next month.

Partner Valuation Advisors’ team members hold appraisal licenses in all 50 states and the firm has offices in Atlanta, Austin, Baltimore, Chicago, Cincinnati, Dallas, Denver, Des Moines, Indianapolis, Jacksonville, Los Angeles, Kansas City, Knoxville TN, Miami, New York City, Northern NJ, Phoenix, Raleigh, NC, Seattle, St. Louis, Tulsa, OK and Washington, D.C.

About Partner Valuation Advisors

About Partner Engineering and Science, Inc.

Media Contact:

Partner Engineering and Science
Erika Haberlen
Marketing Director, Principal
310-615-4500
[email protected]

Partner Valuation Advisors Adds Market Leader in St. Louis and National Self-Storage Practice Leader

P. Ryan McDonald, MAI, FRICS, will serve as Managing Director

St. Louis, MO - June 9, 2023 – Partner Valuation Advisors, a national commercial real estate valuation advisory firm, continues to expand its rapidly growing team with the addition of P. Ryan McDonald, MAI, FRICS, as Managing Director. McDonald will serve as Market Leader in St. Louis and National Practice Lead for self-storage properties.

Partner Valuation Advisors’ Senior Managing Director Eric Enloe, MAI, CRE, FRICS, said, “Ryan is the top valuation professional in the St. Louis market, and his reach extends across the Midwest and nationally. We are really pleased to add a talent like Ryan to our growing team. Additionally, Ryan’s expertise in the self-storage space will enable us to grow in a product type that has become one of the favored asset classes by investors. Ryan has been fortunate to work with the largest lenders in the space, as well as the largest institutional investors.”

Self-storage has emerged as a compelling asset class for investors because it has historically performed well, even during economic uncertainty, and it allows investors to diversify their portfolios. Demand for this niche property type remains high as people continue to downsize, relocate for jobs, or simply want to declutter their current home. The pandemic only accelerated investor interest in these typically lower-cost assets.

With 20 years of experience in the commercial valuation industry, McDonald has a broad range of experience in the valuation and analysis of various types of commercial real estate including self-storage, office, retail, industrial, multi-housing, seniors housing, hospitality, mixed-use, residential subdivisions, renewable energy properties, and going concern valuations of complex assets. McDonald has also provided expert testimony in both litigation and state tax appeal cases.

McDonald has managed a range of national client accounts and is regularly involved in national portfolio originations and management. He has deep real estate valuation ties with major financial institutions, pension funds, REITs, insurance companies, and hedge funds. He and his team have completed valuation and consulting assignments on more than 2,500 assets in all 50 states during the past five years.

Prior to joining Partner Valuation Advisors, McDonald served as Managing Director for JLL’s Valuation Advisory platform in St. Louis for more than six years from 2016-2023, leading a team of appraisers throughout the Midwest as well as JLL’s national self-storage practice. McDonald was also one of the founders of JLL’s Valuation Advisory platform when it launched in 2016. McDonald has been providing commercial real estate valuations since 2003, and prior to joining JLL, he was the Senior Managing Director of the St. Louis office of Integra Realty Resources (IRR).

In recent months, 10 other CRE leaders have joined Partner Valuation Advisors including Ross Friedman, Managing Director in New York; Owen “Chip” Ard, MAI, and Andrea Gillman, Managing Directors in Tulsa; Erik Hill, MAI, CCIM, MRICS, in Dallas; Brian Chandler, MAI, CRE, FRICS, in Raleigh, NC; Lana Lenovitz, MAI, MRICS, in Washington DC; Kenneth Jaggers, MAI, FRICS, in Kansas City, MO; Creighton R. Cross, MAI, AI-GRS, in Knoxville, TN; Justin Alexander, MAI, in Seattle, WA; and Talani Casariego, MAI, in Atlanta, GA. More senior-level hires are anticipated to join the firm over the next month.

Partner Valuation Advisors’ team members hold appraisal licenses in all 50 states, and the firm has offices in Atlanta, Austin, Baltimore, Chicago, Cleveland, Cincinnati, Dallas, Denver, Des Moines, Indianapolis, Jacksonville, Los Angeles, Kansas City, Knoxville, TN, Miami, New York City,

About Partner Valuation Advisors

About Partner Engineering and Science, Inc.

Media Contact:

Partner Engineering and Science
Erika Haberlen
Marketing Director, Principal
310-615-4500
[email protected]

Partner Expands in Tulsa with Affordable Housing Experts

Andrea Gillman and Owen "Chip" Ard Join as Managing Directors

Tulsa, OK, April 13, 2023 – Partner Valuation Advisors, a national commercial real estate valuation advisory firm, expanded into a new market and appointed two affordable housing leaders as co-heads of the firm’s national Affordable Multi-Housing Sector practice. Owen “Chip” Ard, MAI, and Andrea Gillman join as Managing Directors. Both are based in Tulsa.

Since launching in September 2022, Partner Valuation Advisors has issued over 850 valuations with an aggregate real estate value in excess of $23 billion across 40 states. The Chicago-based, technology-forward firm has grown to 60+ employees in 22 markets nationally, making it one of the fastest-growing commercial real estate valuation advisory companies in the U.S. Partner Valuation Advisors serves investors, lenders, investment funds, and real estate occupiers.

Partner Valuation Advisors’ Senior Managing Director Eric Enloe, MAI, CRE, FRICS, said, “Chip and Andrea will co-lead our national affordable housing practice, which requires a specialized level of valuation expertise because of the complexity of this sector. Investor interest in affordable housing has dramatically increased in the last several years, and Chip and Andrea both bring decades of experience valuing properties in this niche sector that demands a deep understanding across a diverse range of affordable multi-housing asset types, financing programs, and public agencies. The addition of Chip and Andrea positions us as market leaders in the valuation of affordable housing nationally.”

Mr. Ard most recently served as a National Head of Affordable Multi-Housing for JLL Valuation Advisory and has been actively engaged in real estate valuation and consulting assignments since 1984. He has performed appraisal services consisting of ad valorem tax protests, consulting, litigation support services, market and feasibility studies, reviews, market study analyses, and appraisals in connection with the allocation of state and federal tax credits. Mr. Ard specializes in valuation and market studies for use in the HUD Multifamily Accelerated Processing (MAP) program, the federal Low Income Housing Tax Credit Program, and various other affordable housing programs.

Mr. Ard is currently the President of the Oklahoma Coalition of Affordable Housing, a non-profit organization of affordable housing professionals promoting education, legislative action, professional training, information resources, and network building in the affordable housing industry. The mission of the Coalition is to promote and facilitate the availability of quality, safe, affordable housing to Oklahoma residents.

Prior to joining JLL in 2016, Mr. Ard worked for a national valuation firm, where he had served as Senior Managing Director, overseeing the Tulsa and Oklahoma City offices. He earned a bachelor’s degree in business administration from the University of Tulsa and holds an MAI designation as a member of the Appraisal Institute.

Ms. Gillman, who has been actively involved in valuation and consulting since 2014, most recently served as a National Head of the Affordable Multi-Housing sector for JLL Valuation Advisory in the United States. Her team focused on appraisals and consulting assignments for the valuation of multi-housing assets, with a specialization in affordable multi-housing. She also served on the national multi-housing leadership team that conducted assignments throughout the United States for a variety of property/program types, including Low Income Housing Tax Credits (LIHTC), HUD Multifamily Accelerated Processing (MAP) program, student housing, conventional apartments, Freddie and Fannie agency debt, market studies, and complex mixed-use developments. She earned a bachelor’s degree in journalism and public relations from Oklahoma State University in Stillwater, OK, and a juris doctorate (JD) from Chicago-Kent College of Law in Chicago. She is a Candidate for Designation from the Appraisal Institute.

In the past month, seven other CRE leaders have joined Partner Valuation Advisors, including Erik Hill, MAI, CCIM, MRICS, in Dallas; Brian Chandler, MAI, CRE, FRICS, in Raleigh, NC; Lana Lenovitz, MAI, MRICS, in Washington, DC; Kenneth Jaggers, MAI, FRICS, in Kansas City, MO; Creighton R. Cross, MAI, AI-GRS, in Knoxville, TN; Justin Alexander, MAI, in Seattle, WA; and Talani Casariego, MAI, in Atlanta, GA. The firm continues to onboard talented valuation leaders, with more senior-level hires anticipated over the next month.

Partner Valuation Advisors’ team members hold appraisal licenses in all 50 states and the firm has offices in Atlanta, Austin, Baltimore, Chicago, Cleveland, Cincinnati, Dallas, Denver, Des Moines, Indianapolis, Jacksonville, Los Angeles, Kansas City, Knoxville TN, Miami, New York City, Northern NJ, Phoenix, Raleigh, NC, Seattle, Tulsa, OK and Washington, D.C.

About Partner Valuation Advisors

About Partner Engineering and Science, Inc.

Media Contact:

Partner Engineering and Science
Erika Haberlen
Marketing Director, Principal
310-615-4500
[email protected]

Erik Hill Joins Partner Valuation Advisors in Dallas to Lead Healthcare & Life Science Practice and Dallas Team

Partner's Newest Managing Director will Oversee Growth in Dallas Market

April 5, 2023, Chicago – Partner Valuation Advisors, a national commercial real estate valuation advisory firm, appointed Erik Hill, MAI, CCIM, MRICS, as Managing Director in Dallas. Mr. Hill will deliver valuation and advisory services for healthcare and life sciences properties nationwide, as well as be responsible for overseeing the growth in the Dallas market.

Since launching in September 2022, Partner Valuation Advisors has completed more than 700 valuations across 40 states with an aggregate commercial real estate value exceeding $20 billion. The Chicago-based, technology-forward firm has grown to more than 50 employees in 20-plus markets nationally, making it one of the fastest-growing commercial real estate valuation advisory companies in the U.S. Partner Valuation Advisors serves investors, lenders, investment funds, and real estate occupiers.

Partner Valuation Advisors’ Senior Managing Director Eric Enloe, MAI, CRE, FRICS, said, “The healthcare and life science sector continues to experience high demand from tenants and robust investor interest. Erik brings a distinct skill set and extensive experience nationally with facility owners, developers, and investors operating within this niche asset sector. He knows and understands the dynamics of the healthcare and life science sector, and his connectivity with market participants is paramount. Earlier this week, we announced Brian Chandler, MAI, CRE, FRICS, as our new National Practice Leader for Seniors Housing. The combination of Brian and Erik together gives Partner the leading Seniors Housing, Healthcare, and Life Science practice in the U.S.”

Mr. Hill brings nearly 17 years of commercial real estate experience. In his previous role as Managing Director and National Sector Lead of Healthcare & Life Science at JLL Valuation Advisory, Mr. Hill focused on providing valuations for properties in the healthcare and life science sectors. That included hospitals, medical office buildings, surgery centers, imaging centers, behavioral hospitals, substance abuse treatment centers, labs, GMP/cGMP facilities, and others. The array of valuation and advisory services he delivers includes real property and going-concern appraisals, fair market rent studies for lease negotiation and Stark compliance, purchase price allocations for FASB ASC 805 and ASC 820 compliance, and other consulting services.

Prior to joining JLL in 2016, Mr. Hill served on the National Healthcare Practice at Integra Realty Resources in Dallas. Prior to his career in appraisal, Mr. Hill spent ten years as a commercial real estate broker with Coldwell Banker Commercial in Waco, TX, where he was involved in sales, acquisitions, and leasing of retail, office, industrial,l and multifamily properties.

Mr. Hill holds an MAI designation from the Appraisal Institute, earned a CCIM designation from the CCIM Institute, and is a member of the Royal Institution of Chartered Surveyors (RICS). He earned a broker license from the Texas Real Estate Commission, is a member of the North Texas Chapter of the Appraisal Institute, and is an affiliate member of the National Association of Realtors. Mr. Hill received a bachelor’s degree in business administration from Baylor University in Waco, TX, and a master’s degree in business administration (MBA) from Tarleton State University in Stephenville, TX.

In the past month, six other CRE leaders have joined Partner Valuation Advisors, including Brian Chandler, MAI, CRE, FRICS, in Raleigh, NC; Lana Lenovitz, MAI, MRICS, in Washington, D.C.; Kenneth Jaggers, MAI, FRICS, in Kansas City, MO; Creighton R. Cross, MAI, AI-GRS, in Knoxville, TN; Justin Alexander, MAI, in Seattle, WA; and Talani Casariego, MAI, in Atlanta, GA. The firm continues to onboard talented valuation leaders, with more senior-level hires anticipated over the next month.

About Partner Valuation Advisors

About Partner Engineering and Science, Inc.

Media Contact:

Partner Engineering and Science
Erika Haberlen
Marketing Director, Principal
310-615-4500
[email protected]

Brian Chandler Joins Partner Valuation Advisors to Lead National Senior Housing Practice

Senior Managing Director to Participate in National Leadership Team

April 3, 2023, Chicago – Partner Valuation Advisors, a national commercial real estate valuation advisory firm, appointed Brian Chandler, MAI, CRE, FRICS, as Senior Managing Director. Based in Raleigh, North Carolina, Mr. Chandler will lead its Seniors Housing practice, focused on conducting appraisals, market studies, large portfolio engagements, and consulting assignments for properties on a national basis. He will also be a member of the firm’s national leadership team.

Partner Valuation Advisors’ Senior Managing Director Eric Enloe, MAI, CRE, FRICS, said, “Brian is one of the country’s most respected valuation experts for seniors housing assets. He is counted on to produce actionable intelligence to guide investment decisions by owners and developers, insurance companies, pension fund advisors, government agencies, commercial lending institutions, and investment companies.”

Mr. Chandler brings more than 30 years of commercial real estate experience. Prior to Partner Valuation Advisors, he most recently served as Managing Director for JLL Valuation and Advisory, overseeing the Seniors Housing team for more than six years in Dallas, TX. In 2022, the team was responsible for valuing in total aggregate market values of over $45 billion in seniors housing assets, which was approximately 10% of the total seniors housing market capitalization. Earlier in his career, he served in Managing Director/Partner roles at Integra Realty Resources in Dallas.

Mr. Chandler has worked for some of the top owners and developers, institutional investors, government agencies, and CRE lending institutions including Aegis Living, AEW, Berkadia, Capital One Bank, Columbia Pacific Advisors, Fannie Mae, Grandbridge Real Estate Capital, Greystone, KeyBank, Kisco Senior Living, M&T Bank, PGIM, Protective Life Insurance Company, Truist, and Wells Fargo Bank.

Mr. Chandler holds an MAI designation from the Appraisal Institute, is a member of the American Senior Housing Association (ASHA), and earned a CRE designation from the Counselors of Real Estate in 2012. He received a bachelor’s degree in business administration from the University of North Texas in Denton, Texas.

Partner Valuation Advisors’ team members hold appraisal licenses in all 50 states and the firm has offices in Atlanta, Austin, Baltimore, Chicago, Cleveland, Cincinnati, Dallas, Denver, Des Moines, Indianapolis, Jacksonville, Los Angeles, Kansas City, Knoxville (TN), Miami, New York City, Northern NJ, Phoenix, Raleigh, Seattle, and Washington, D.C.

About Partner Valuation Advisors

About Partner Engineering and Science, Inc.

Media Contact:

Partner Engineering and Science
Erika Haberlen
Marketing Director, Principal
310-615-4500
[email protected]

Valuation Advisors Adds Commercial Real Estate Leaders in Washington, D.C. and Kansas City

Ken Jaggers and Lana Lenovitz Join the Firm as Managing Directors

Since Launch Six Months Ago, Firm’s Executed 700 Asset Assignments Valued at More than $20B

March 31, 2023, Chicago – Partner Valuation Advisors, a national commercial real estate valuation advisory firm, continued its U.S. growth by adding two new commercial real estate valuation experts in Washington, D.C., and Kansas City. Joining the Chicago-based company as managing directors are Svetlana “Lana” Lenovitz, MAI, MRICS, in Washington, D.C., and Kenneth Jaggers, MAI, FRICS, in Kansas City.

Since launching in September 2022, Partner Valuation Advisors has completed more than 700 valuations across 40 states with an aggregate commercial real estate value in excess of $20 billion. The Chicago-based, technology-forward firm has grown to more than 50 employees in 20-plus markets nationally, making it one of the fastest-growing commercial real estate valuation advisory companies in the U.S. Partner Valuation Advisors serves investors, lenders, and real estate occupiers.

Partner Valuation Advisors’ Senior Managing Director Eric Enloe, MAI, CRE, FRICS, said, “The recent banking crisis adds to the challenges commercial real estate investors were already facing due to economic uncertainty, elevated inflation, and volatile capital markets. All of those issues add up to the fact that those who invest in, manage or occupy commercial real estate require the advice that experts like Lana and Ken can bring to the table. Partner Valuation Advisors’ continued national growth reflects a growing need for deeper insights to make decisions about assets.”

Kenneth Jaggers brings more than 35 years of commercial real estate appraisal, consulting, and loan underwriting experience. For the past 20 years he has led teams of professionals providing appraisal and consulting services for some of the largest portfolio, acquisition, and infrastructure assignments in the Midwest. Before joining Partner Valuation Advisors, Mr. Jaggers was Managing Director at JLL Valuation Advisory and prior to that he was with Integra Realty Resources.

Mr. Jaggers has appraised commercial properties of all types, primarily for institutional investors, banks, and private owners/developers. He brings expertise with large and/or complex assignments for discerning clients and intended users. Areas of specialty include statutory compliance, highest and best use and feasibility analysis, and disposition consulting.

Lana Lenovitz brings more than 18 years of experience appraising office, industrial, retail, multifamily and special use assets. She leads a team of professionals in the Mid-Atlantic region where she has valued some of the highest profile projects. Prior to joining Partner Valuation Advisors, Ms. Lenovitz served as Managing Director at JLL Valuation Advisory from 2017 to 2023. Earlier in her career she served as Associate Director at Integra Realty Resources in Baltimore.

Ms. Lenovitz’s diverse valuation expertise encompasses multiple applications such as market value appraisals, portfolio valuations, investment advisory services, partial interest valuations, and market rent studies. She has appraised a wide variety of property types, including industrial warehouses, flex properties, manufacturing facilities, truck terminals, automobile service stations, automobile dealerships, car washes, self-storage facilities, restaurants, retail shopping centers, triple net properties, senior housing and skilled nursing facilities, medical and general office buildings, multifamily properties, hospitality properties and development sites.

In joining Partner Valuation Advisors, Mr. Jaggers and Ms. Lenovitz follow three other recent additions: CRE leaders Creighton R. Cross, MAI, AI-GRS, in Knoxville, TN; Justin Alexander, MAI, in Seattle, WA; and Talani Casariego, MAI, in Atlanta, GA. The firm continues to onboard highly qualified valuation staff, with more senior-level hires anticipated over the next month.

Partner Valuation Advisors’ team members hold appraisal licenses in all 50 states and the firm has offices in Atlanta, Austin, Baltimore, Chicago, Cleveland, Cincinnati, Dallas, Denver, Des Moines, Indianapolis, Jacksonville, Los Angeles, Kansas City, Knoxville (TN), Miami, New York City, Northern NJ, Phoenix, Raleigh, Seattle, and Washington, D.C.

About Partner Valuation Advisors

About Partner Engineering and Science, Inc.

Media Contact:

Partner Engineering and Science
Erika Haberlen
Marketing Director, Principal
310-615-4500
[email protected]

Valuation Advisors Expands National Footprint, Adds CRE Leader in New York City

Partner Valuation Advisors Expands National Footprint in Northeast with CRE Leader in New York City

February 3, 2023, New York City – Partner Valuation Advisors is expanding its U.S. presence in the Northeast with the addition of a commercial real estate expert in New York City. Michael Wahl, MAI, AI-GRS, is joining the national CRE valuation advisory firm as a Managing Director in its New York Office. Mr. Wahl brings significant experience working with banking, agency, and private lending clients throughout the country.

“Partner Valuation Advisors continues to execute on our national growth plan that is designed to efficiently and effectively serve clients across the United States,” said Partner Valuation Advisors’ Senior Managing Director Eric Enloe, MAI, CRE, FRICS. “The strategic addition of Michael broadens our reach and allows us to rapidly execute on single asset and portfolio assignments for all types of lenders, including Freddie Mac and Fannie Mae, as well as investment funds and occupiers.”

Since launching in September 2022, Partner Valuation Advisors has grown to more than 40 employees in 19 markets nationally, making it one of the fastest-growing commercial real estate valuation advisory companies in the country. The Chicago-based, technology-forward firm serves the needs of investors, lenders, and real estate occupiers and performs valuation assignments in all 50 states.

Prior to joining Partner Valuation Advisors, Mr. Wahl served as Managing Director of National Private Lending in Bowery Valuation’s New York office. Earlier in his career, he worked at BBG’s New York office. He brings more than a decade of commercial real estate valuation and brokerage experience, including retail, industrial, and multifamily assets.

Mr. Wahl has appraised roughly $5 billion worth of commercial real estate in more than 40 states over his career. Among the list of valuation and advisory assignments he has executed include those involving specialized multifamily and mixed-use properties on behalf of private lenders, as well as national agency clients.

Mr. Wahl holds licenses in 33 states, as well as MAI and AI-GRS designations from the Appraisal Institute. He earned a bachelor’s degree in economics from Emory University in 2012, and an MBA in Real Estate & Management from NYU’s Stern School of Business in 2022.

Partner Valuation Advisors team members hold appraisal licenses in all 50 states and the firm has offices in Atlanta, Austin, Baltimore, Chicago, Cleveland, Cincinnati, Denver, Des Moines, Indianapolis, Jacksonville, Los Angeles, Kansas City, Knoxville (TN), Miami, New York City, Northern NJ, Phoenix, Seattle, and Washington, D.C.

About Partner Valuation Advisors

About Partner Engineering and Science, Inc.

Partner is the most trusted choice for 3^rd party due diligence and consulting in the commercial real estate industry, providing full-service engineering, environmental, and energy services throughout the Americas, Europe, and around the globe. With a multidisciplinary approach, Partner serves clients at all stages from initial due diligence and design to development and construction, as well as the ongoing maintenance and optimization of a real estate asset.

Media Contact:

Partner Engineering and Science
Erika Haberlen
Marketing Director, Principal
310-615-4500
[email protected]

Eric Enloe Discusses Valuation in WMRE

Eric Enloe Discusses Asset Valuation in a Slow Market on WealthManagement.com

January 27, 2023 - As investment sales and refinancing activity declines, appraisers must rely on other marketplace drivers to value assets. Wealth Management Real Estate interviewed Eric Enloe regarding the challenges of asset valuation in today's market and how values are being determined in the absence of sales data.

Click here to read the article.