Valbridge Property Advisors announced it has opened a new office in Coral Gables, Fla., and has appointed José R. Cestero as senior managing director of the office, the company said in a press release.
Cestero has been in the appraisal industry for more than 10 years, while serving as the executive director of the Puerto Rico Housing Finance Authority, economic aide to the mayor of San Juan, and commercial banker.
Since 2000, Cestero has been a member of the board of directors of the Consumer Credit Counsel of Puerto Rico and has served on the board of directors of the Puerto Rico Public Housing Authority and the Puerto Rico Housing Finance Authority, the company said.
The new executive served on the board of directors and as Education chairman of the Puerto Rican Chapter of the Appraisal Institute.
“We’re excited to have José join the Valbridge team and strengthen our commitment as the industry leader for independent commercial real estate valuation services in the South Florida market,” Valbridge board Chairwoman Geri F. Armalavage said in the release.
Valbridge Property Advisors is the largest independent commercial property valuation and advisory services firm in the United States.