Phoenix, Arizona (PRWEB) March 06, 2014
Jeremy Allen, President of Allen Global Hospitality (Allen Global), announced today that John Stockdale has been added to the valuation team as Senior Consultant, Business Valuation. Mr. Stockdale, an Accredited Business Appraiser and Certified Public Accountant (CPA), has operated his own business valuation firm since 1993 and was previously a partner with Coopers & Lybrand. He has over 30 years of valuation experience ranging from the valuation of businesses, securities, partnership interests and intangible assets.
“The valuation requirements for hospitality assets continue to become more stringent post-recession, Allen Global is pleased to offer our clients specific services provided by qualified individuals that meet the ever changing needs of the industry both nationally and globally,” said Mr. Allen.
As of January 2014, The U.S. Small Business Administration made changes to designation requirements for appraisers conducting Going Concern Valuations that have a business value component greater than $250,000, and adding Mr. Stockdale broadens the range of valuations the Allen Global team can offer.
“The addition of John Stockdale, who is an Accredited Senior Appraiser through the American Society of Appraisers, opens up business opportunities for us with SBA lenders that are looking to adhere to the new requirements,” said Laurence Allen, MAI, MRICS, who leads the valuation unit of Allen Global.
About Allen Global Hospitality: Allen Global Hospitality is a consulting firm specializing in appraisal, feasibility, and investment consulting services for hospitality properties. The firm’s capabilities range from valuation expertise to consulting services involving property acquisition, repositioning, impact analysis, litigation support and green hotel consulting.
Jeremy Allen is the President of Allen Global and focuses on investment advisory and consulting services for hotels, resorts, conference centers, sustainable and mixed-use properties around the globe. He is the former Vice President of an international hospitality brokerage firm and is a licensed Real Estate Broker. He is a graduate of the Cornell School of Hotel Administration.
Laurence Allen, MAI, MRICS, is Vice President of Allen Global and heads the valuation division. He has performed over 3,000 valuation assignments on a full range of commercial properties including appraisals on hotels, resorts, lodges, restaurants, and conference centers for mortgage financing, property tax and litigation. Laurence Allen is a graduate of University of Michigan’s MBA program. He holds the MAI designation with the Appraisal Institute and is a member of the Royal Institution of Chartered Surveyors.
If you’d like more information about Allen Global Hospitality, or if you’d like to schedule an interview with one of its principals, please contact (602) 396-5219 or info(at)allenglobalhotels(dot)com.