Newmark today announced Newmark Valuation & Advisory Senior Vice President Eric Edmondson has achieved the prestigious MAI designation, which is recognized as one of the highest marks of excellence in the field of real estate valuation and analysis. MAI Designated members are known for their commitment to advanced education, higher ethical requirements and elevated expectations, and to the appraisal profession as a whole. MAI appraisals are among the most sought after appraisals in the commercial real estate world.
“This is a significant accomplishment - both for Eric and for Newmark,” commented Executive Managing Director, National Valuation & Advisory Co-Lead Steve D. DuPlantis, MAI, who joined Newmark in 2017 to help drive the development of the firm’s new valuation practice. “Eric’s achievements and client-focused service delivery are complemented by his extensive experience in and knowledge of complex valuation assignments - and exemplify the upstanding professionals we have here at Newmark.”
“I could not be prouder of Eric,” said Newmark Valuation & Advisory’s Market Leader - Central Region, Stephen Cosby. “I have been fortunate to work with Eric since 2005 and I know of no one who better embodies the high ethical and moral standards, knowledge and special experience required of all MAI designated members.”
A most ambitious and challenging achievement, the commitment to attaining the MAI designation involves 3 plus years of experience reviewed by a peer group, numerous classes, demonstration reports and passing a two day comprehensive examination.
A 13-year valuation and advisory veteran, Eric oversees the central Arkansas team of Newmark Valuation & Advisory specialists and currently oversees three appraisers and is mentoring appraisers to achieve their goals. Eric has experience specializing in multifamily assets and extending across numerous property types ranging from high-rise office buildings to single physician medical office assets as well as retail, industrial, healthcare, self-storage, land and specialty properties. His geographical focus includes Arkansas as well as Missouri and Oklahoma. He joined Newmark in 2017; previously he was with CBRE Valuation & Advisory Services for 10 years, after launching his appraisal career with Cosby and Associates in 2006. Eric, graduated from University of Arkansas in 2005.
“Eric’s attention to detail and quality will continue to move his career in the right direction and grow the office in Little Rock. Eric’s success with clients and peers in the community has led to his success in the appraisal industry, making him a leader in Newmark and the appraisal community in Little Rock,” added Cosby.
Newmark (“Newmark”), operated by Newmark Group, Inc. (“Newmark”), is one of the world’s leading commercial real estate advisory firms. Newmark has over 4,600 employees in over 120 offices. Together with London-based partner Knight Frank and independently-owned offices, Newmark’s 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents. With roots dating back to 1929, Newmark’s strong foundation makes it one of the most trusted names in commercial real estate. We offer a complete suite of services and products for both owners and occupiers across the entire commercial real estate industry.
Our investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting and, under trademarks and names like Berkeley Point and Newmark Capital Markets, government sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Our occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. We enhance these services and products through innovative real estate technology solutions and data analytics designed to enable our clients to increase their efficiency and profits by optimizing their real estate portfolio. We have relationships with many of the world’s largest commercial property owners, real estate developers and investors, as well as Fortune 500 and Forbes Global 2000 companies. For further information, visit www.ngkf.com.
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