Calhoun Sands Valuation & Advisory, Inc. expands its specialty valuation expertise through merger with The Retail Petroleum Group
Calhoun Sands Valuation & Advisory, Inc. (CSVA) announced today that it has merged with The Retail Petroleum Group (RPG), a commercial real estate valuation firm which specializes in retail petroleum facilities and convenience stores.
ATLANTA, June 1, 2020 /PRNewswire-PRWeb/ -- Calhoun Sands Valuation & Advisory, Inc. (CSVA) announced today that it has merged with The Retail Petroleum Group (RPG), a commercial real estate valuation firm which specializes in retail petroleum facilities and convenience stores.
RPG will operate as a division of CSVA, and the merger will expand CSVA's specialty valuation capabilities and footprint across the Southeastern US by adding niche expertise related to complex convenience store deals. "In today's hyper-competitive landscape, our clients are being asked to evaluate more specialized transactions than ever before. This merger adds considerable subject matter expertise to our combined bench and improves our ability to meet the needs of our client base," says Christopher Calhoun, MAI, Principal of CSVA.
The firm's two principals, Keith Nelson, MAI, ASA, and Joe Rexroat, MAI, ASA bring more than two decades of professional real estate consulting success and a depth of knowledge from valuing more than 3,000 convenience store properties, including portfolio assignments. As Rexroat recounts, "We have worked hard to be a trusted partner for our clients and joining CSVA enables us to meet more of their ever-evolving needs, in more markets, than ever before. Our customers will benefit from quicker turnaround times, greater accuracy, and consistency. We have always focused on quality and this merger helps to ensure we deliver the best outcomes for our customers. We are excited to be part of the CSVA team."
Atlanta Business Chronicle Ranks CSVA No. 7 on the List of Top Commercial Real Estate Appraisers, with almost a $3 billion-dollar appraisal volume out of its Atlanta office. "We remain committed to providing top-quality valuation services and look forward to the great work we will be able to do in our new structure," said Bennett Sands, MAI, ASA, Principal of CSVA. "The merger of our two companies presents a tremendous opportunity for accelerated growth and elevated service to our customers. Adding RPG enhances our ability to attract top talent and strengthens our capacity to deliver reliable valuations to clients across a wide range of property types, now including highly-specialized C-Store assets."
"In these changing times, accurate forecasts considering sales and profit potential are critical elements to provide the best overall picture of a going concern property. With greater access to the technology platforms and seasoned staff at CSVA, combined with our extensive database and relevant projections model, we will provide a competitive edge to fill the growing need for specialized expertise in the marketplace," says Keith Nelson.
About The Retail Petroleum Group (RPG)
Established in 2014, RPG specializes in the appraisal of owner-occupied and leased retail petroleum outlets with convenience stores throughout the Southeastern United States. The group delivers high-quality appraisals of retail petroleum outlets/convenience stores to lending institutions, property owners, and other various stakeholders. Their team of veteran c-store appraisers have the experience to properly analyze both property and submarket-specific factors that drive the going concern value of any given outlet. RPG's philosophy is to consistently deliver appraisal reports that are accurate, on time, and among the best in the business.
About Calhoun Sands Valuation & Advisory, Inc. (CSVA)
Calhoun Sands Valuation & Advisory (CSVA) is a commercial property valuation and advisory services firm headquartered in Atlanta, Georgia. Led by Christopher Calhoun and Bennett Sands, CSVA provides independent commercial valuation and advisory services across all commercial real estate property types utilizing national data sources with local market intelligence. Services include commercial real estate appraisals, appraisal reviews, market studies, rent studies, feasibility and highest and best use analysis, discounted cash flow analysis and modeling, litigation support, estate planning, portfolio valuations and property tax analysis. Custom consulting and advisory services are available to accommodate unique project specific client needs. For more information about CSVA, visit: http://www.calhounsands.com.
SOURCE Calhoun Sands Valuation & Advisory, Inc.
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