Walker & Dunlop, Inc. and GeoPhy released the expansion of their multifamily appraisal business, Apprise, with the addition of Doug Koch as senior director and affordable practice lead, and Kelly Beigle as senior director.
The two new hires will lead the company’s affordable housing valuation activities across the United States. Beigle, a specialist in affordable housing, is based in Bethesda, Md., and is focused on the Eastern region, including Baltimore and Washington, D.C. Koch is based in Needham, Mass.
“Doug and Kelly’s wide-ranging backgrounds in affordable and workforce housing valuation and consulting assignments throughout the nation and Eastern region will create a solid foundation for Apprise’s dedicated affordable housing practice, Apprise Managing Director/Valuation Lead Meghan Czechowski said in a press release. “Combining Doug’s affordable expertise and leadership, built over a 35-year career, with unparalleled access to data and our proprietary web-based report writing application will expand our core business beyond conventional multifamily, which furthers our mission of bringing the modern appraisal concept to all multifamily assets.”
Prior to joining Apprise, Koch was manager and principal of Advisory Affiliates, LLC, where he participated in affordable and workforce housing development ventures arranging tax credit and private equity financing, assisting with organizational formation, and coordinating underwriting activities. During his career, he has completed thousands of multifamily property valuations, market studies, and investment due diligence assignments across 46 states and 200 markets.
“I look forward to adding to Apprise’s multifamily nationwide valuation capabilities and to expand the firm's expertise in affordable housing across all its platform,” Koch said.
Beigle was previously a director in Cushman & Wakefield’s Valuation & Advisory group leading the Affordable Housing Specialty Practice in the DC and Baltimore regions, where she provided valuation and consulting services to clients involved in the financing, management, and development of LIHTC, Project-Based Section 8, and HUD/FHA properties.
“I am thrilled to bolster my expertise in affordable housing and commitment to client service with the cutting-edge valuation technology offered by Apprise,” Beigle said. “The new platform will be immediately accretive to my existing client base, allowing me to provide faster, more consistent and data-driven results.”
Apprise, a joint venture between Walker & Dunlop and GeoPhy, delivers USPAP/FIRREA multifamily appraisals in as little as five business days. Apprise employs data analytics and valuation software that allows its appraisers to more efficiently and consistently apply valuation methods in truly objective appraisals.