Douglas Larson MRICS, joined Newmark Valuation & Advisory in 2017 and currently serves as an executive vice president in the company’s New York headquarters. Douglas brings to his position over two decades of financial advisement, underwriting, asset management and valuation expertise. He has appraised several major urban office and retail properties on behalf of clients within the financial, investment banking, private wealth, and insurance industries. Douglas has successfully completed appraisals and consulting assignments for mortgage loan purposes, arbitrations, allocations, estates, and the acquisition, disposition and marketing of real estate.
Douglas is also the co-national practice leader for the Valuation & Advisory’s Office specialty practice. He oversees a team of experts whose innovative, consulting-driven approach provides best-in-class valuation and consulting services for all properties belonging to the office asset class.
Prior to joining Newmark, Douglas served for 24 years as an executive director with Cushman & Wakefield’s Valuation & Advisory Group in New York where he managed the New York office building valuation team that provided valuation, underwriting and due diligence expertise to support the financing of major office and retail construction projects throughout the city. Clients included private equity firms, hedge funds, banks and other institutional investors. He also provided a number of consulting services, including preparation of appraisals; customized financial analyses; advising acquisition and disposition strategies; preparing market and location studies; and analyzing capital structures to identify short and long-term risks.
Douglas has performed valuation and analysis on a wide variety of property types, including Class A office buildings, high-street retail development projects, shopping centers, apartment buildings, manufacturing plants, warehouses and mixed-use projects. He has extensive experience with New York City office buildings and urban mixed-use properties. He has recently appraised over 500 major office buildings in Manhattan. Notable office building assignments have including included the following:
- 745 Seventh Avenue (Barclays)
- 9 West 57th Street
- AOL/Time Warner
- Bloomberg Headquarters
- Chrysler Center
- Citigroup Center
- Empire State Building
- General Motors Building
- Rockefeller Center
- World Financial Center
- World Trade Center
- Worldwide Plaza
Licenses and Designations
- Associate Member, Appraisal Institute Metropolitan New York Chapter
- Member, Royal Institution of Chartered Surveyors (MRICS)
- Certified general real estate appraiser, State of New York #46-39300
Douglas earned a Bachelor of Science degree from Arizona State University in Business Administration and Economics.