Mitchell Appraisals, Inc., 41 Other Appraisal Firms Combine to Launch Valbridge Property Advisors

Share Article

• Valbridge Immediately Ranks Among Top 3 Commercial Real Estate Valuation and Advisory Services Firms in U.S. • Principals of Mitchell Appraisals, Inc. are Shareholders in Valbridge

Larry Mitchell

Mitchell Appraisals, Inc., based in Indianapolis, 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.

Mitchell Appraisals, Inc., founded in 1986 by Bonnie Mitchell, is a longtime appraisal services leader in the regional market. For a transition period, the firm will be known as Valbridge Property Advisors l Mitchell Appraisals, Inc.

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 l Mitchell Appraisals, Inc. is led by Larry Mitchell, MAI, who is now a senior managing director of Valbridge. Valbridge l Mitchell employs 15 staff, including two other MAIs.

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 today’s launch of Valbridge, Larry Mitchell said: “Client demand for a strong independent national commercial property appraisal services firm has driven us to combine with dozens of the best and brightest appraisers across the country to launch Valbridge. But we’re no less committed to being the #1 firm in our market known for high standards of accuracy, integrity and reporting. In fact, as Valbridge we will, over time, provide expanded services and an even higher level of service to our local clients, while also serving regional and national clients based outside the area.”

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:

Office
Industrial
Retail
Apartments / multifamily / senior living
Lodging / hospitality / recreational
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 http://www.valbridge.com.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Lawrence Mitchell
lmitchell@valbridge.com
317-687-2747
Email >
Visit website