ST. PETERSBURG, Fla., March 20, 2013 /PRNewswire-iReach/ -- Entreken Associates, Inc., based in St. Petersburg, Florida, announced today that it has combined with 41 other appraisal firms to form Valbridge Property Advisors, which provides independent valuation and advisory services to local, regional, multi-market and national clients.
Entreken Associates, Inc., founded in 1985 by Henry C. Entreken, Jr., MAI, is a longtime appraisal services leader in the region. For a transition period, the firm will be known as Valbridge Property Advisors | Entreken Associates, Inc. In conjunction with this launch our firm is also being joined by the longtime Tampa based valuation firm of McKeon & Menard, which is considered to further strengthen and diversify Valbridge | Entreken.
Based on publicly available information and company estimates, Valbridge immediately ranks among the Top 3 national commercial real estate valuation and advisory services firms, with 145 MAIs, 59 office locations and 600 staff across the U.S.
Valbridge Property Advisors | Entreken Associates, Inc. is led by Michael Twitty, MAI, Jeff Boyle, GRI, and Tom Hockensmith, SRA, who are all senior managing directors of Valbridge. Valbridge | Entreken is a full-service (commercial & residential) property valuation firm that employs 16 staff, including four MAIs and two SRAs.
Valbridge provides appraisal services based on objective criteria, in-depth knowledge of local property markets and using widely accepted valuation techniques consistent with the highest industry standards of practice. In contrast to most of its competitors, Valbridge provides independent valuation and advisory services.
Valbridge is a shareholder-owned national company, with each office run by the local practice leaders, including an appraiser who holds the MAI designation of the Appraisal Institute. The MAI designation signifies deep experience in the valuation and evaluation of commercial, industrial, residential and other types of properties.
Commenting on this week's launch of Valbridge, Michael Twitty said, "The Valbridge platform provides an exciting opportunity for us to fully leverage the benefits of technology and our collective know how, with the ultimate goal of delivering a higher level of service to our clients. The combined brain trust is an invaluable resource, with quality experience in every property type and specialty."
Valbridge Specializes in All Types of Property and Land
Valbridge serves local, regional, multi-market and national clients. The firm specializes in all types of property and land, including:
- Apartments / multifamily / senior living
- Lodging / hospitality / recreational
- Golf Courses, Marinas, Landfills & Other Special-Purpose properties
About Valbridge Property Advisors
Valbridge Property Advisors, based in Naples, Fla., is one of the largest commercial property valuation and advisory services firms in the U.S., with 145 MAIs, 59 office locations and 600 staff. Valbridge provides independent appraisal services based on objective criteria, in-depth knowledge of local property markets and using widely accepted valuation techniques consistent with the highest industry standards of practice. Valbridge is a privately held company that is owned by its local practice leaders, not by a brokerage firm, investment firm or outside investors. Each Valbridge office is led by an appraiser who holds the MAI designation of the Appraisal Institute. The MAI designation signifies deep experience in the valuation and evaluation of commercial, industrial, residential and other types of properties. Additional information about Valbridge Property Advisors is available online at www.valbridge.com.
SOURCE Valbridge Property Advisors