Home > About Our Firm > Global Offices > U.S. Offices > Philadelphia > Professional Profiles Detail

Professional Profiles

John Corbett MAI, ASA, FRICS

Senior Managing Director, Specialty Practice Leader – Financial Reporting

John Corbett, MAI, ASA, FRICS, joined Newmark Knight Frank Valuation & Advisory in 2018 as a senior managing director and the specialty practice leader of the Financial Reporting practice. Based in Philadelphia, Mr. Corbett is responsible for oversight of the group, which focuses on meeting the consulting and valuation requirements of our clients as prescribed by the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB). By employing the NKF V&A platform in close alignment with NKF Capital Markets, Mr. Corbett is able to bring the necessary knowledge and resources to effectively navigate complex financial, accounting, tax, regulatory and legal issues in a timely manner.

Throughout a career spanning 27 years, Mr. Corbett has successfully completed valuation and consulting assignments for a wide range of properties, including office buildings, regional malls, shopping centers, apartment complexes, hotels and a variety of industrial facilities, including single and multi-tenant distribution, heavy manufacturing, research & development facilities and cold-storage warehouses. These studies have been used in real estate portfolio and joint venture valuations, merger and acquisition due diligence support, internal planning, highest and best use analysis, financing, litigation support, sale-leasebacks and insurable value studies.

Mr. Corbett has also assisted public and private clients in the application of Financial Accounting Standards Board Accounting Standards Codification (FASB ASC) 805 Business Combinations and FASB ASC 852 Reorganization. In this capacity, he has assisted clients in identifying and measuring both tangible and intangible components of real property at fair value, under the rules prescribed in FASB ASC Topic 820 Fair Value Measurements.

Additionally, Mr. Corbett has advised corporate clients on the fair value of acquired real estate in conjunction with goodwill impairment, acquisitions and bankruptcy financial reporting requirements. He has also valued joint venture partial interests and has worked with some of the largest U.S. pension funds in determining partial interest values in a variety of investment funds. Lastly, Mr. Corbett has performed buy-side advisory and related due diligence work for several publicly and privately held companies.

Although Mr. Corbett has concentrated most of his practice on the U.S., he has provided services, including real estate valuations and consultations, to clients in Germany, Italy, Switzerland, Japan, Puerto Rico and Australia.

Prior to NKF, Mr. Corbett worked for more than nine years at Cushman & Wakefield, where he served as senior managing director and national practice co-leader of the Financial Reporting Practice Group. Previously, Mr. Corbett was a director in the real estate advisory group. He also held corporate valuation and consulting positions in the Philadelphia offices of Standard & Poor's and PricewaterhouseCoopers.

Professional Affiliations

  • MAI designation, Appraisal Institute
  • Accredited Senior Appraiser (ASA), American Society of Appraisers
  • Certified general real estate appraiser, Commonwealth of Pennsylvania, Commonwealth of Virginia, District of Columbia, states of Connecticut, Delaware, Georgia, Kansas, Maryland, New Jersey, New York, South Carolina, West Virginia
  • Fellowship, Royal Institution of Chartered Surveyors (FRICS)
  • Member, Appraisal Issues Task Force (AITF), The Appraisal Foundation
  • President, Southern New Jersey Chapter of the Appraisal Institute, 2010

Mr. Corbett earned a Bachelor of Science degree in business administration from Elizabethtown College. More recently, he has completed the requirements of the Appraisal Institute's continuing education program.

John Corbett MAI, ASA, FRICS
John Corbett MAI, ASA, FRICS
Senior Managing Director, Specialty Practice Leader – Financial Reporting
200 S. Broad Street
Suite 510
Philadelphia, PA 19102
United States
T  609.617.9234

Download vCard
Areas of Specialization
  • Valuation & Advisory

Years of Experience
27 years