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.
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, “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 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
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.
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