Commercial Corner

BBG said that it has expanded the role of Paul Ping to include national oversight of the company’s quality control and quality assurance initiatives.

A highly regarded industry leader, Ping also is a senior managing director responsible for directing the growth of BBG Evaluation, a USPAP-compliant small loan valuation service for banks and other financial institutions. 

Read on to learn more.

Commercial real estate firm BBG CEO Chris Roach spoke to Valuation Review about a main focus within the company that is important for appraisers.

In his article, “CRE Due Diligence: The Benefits of Bundling Third-Party Reports,” Roach outlined key principles surrounding that focus.

Read on to find out more of what he had to say.

During the COVID-19 pandemic, some hotel owners suddenly found themselves shut out of the debt market and turned to the JLL Valuation Advisory Group for advice.

JLL proceeded to help them chart their path forward.

Read on for their insight given to prospective owners.

Jones Lang Lasalle (JLL), and GoSpace AI, a leading provider of workplace and occupancy management artificial intelligence (AI) software, are joining forces.

The partnership will transform how occupancy is supported in the post-pandemic, hybrid workplace.

Read on to learn more.

More conversation for commercial appraisers to take note of centers around cap rates, and the specific buildings and properties they are applied to.

Cap rate understanding can be of great importance to the commercial appraiser.

Hear more from Realquantum Chief Financial Officer Tim Keller.

BBG announced a new practice group offering comprehensive valuation and advisory services for right-of-way and eminent domain projects.

This group will be led by an industry leader and other highly skilled company professionals.

Read on to learn more.

There is another key acquisition within the appraisal community.

BBG recently completed the acquisition of Nava Hurd Advisory Group, a combination of Brekan Nava Group, a Tempe, Ariz.-based commercial real estate appraisal firm, and Paradise Valley, Ariz.-based appraisal firm Hurd and Associates.

Read on to learn more.

In anticipation of growing needs related to distressed commercial properties impacted by COVID-19, Valbridge Property Advisors announced a new collaboration.

The company will join forced with NAI Global, a global commercial real estate brokerage firm that completes more than $20 billion in commercial real estate transactions yearly. 

Read on to learn more.

BBG announced Clayton Belger will assume the role of director in the firm’s Jacksonville office, according to a release from BBG.

Belger’s elevation to his new role will leverage his leadership and client-centric work ethic, further expanding BBG’s exposure in central and north Florida and South Georgia, the company said.

Commercial real estate firm BBG appointed industry veteran Paul  Ping as senior managing director.

Ping will be responsible for expanding BBG Evaluation, a USPAP-compliant desktop valuation service for banks and other financial institutions for commercial properties and other assets that do not require a traditional appraisal.

Read on to learn more.