Ilya Barskiy, MAI, joined Newmark Valuation & Advisory in 2019 and serves as a senior vice president and the office team leader for Michigan. Actively engaged in real estate valuation and consulting since 2004, Mr. Barskiy has extensive experience across many asset classes, with a focus on office properties. He has successfully completed valuations on various proposed, partially completed, renovated and existing structures, including a wide array of general and medical office projects, for-sale and rental multifamily developments, parking facilities, retail centers, single- and multitenanted industrial buildings, complex mixed-use development projects and vacant land. Mr. Barskiy’s valuations have been used in prospective financing, estate planning, collateral monitoring and litigation support.
Notable Appraisal Assignments
- CBD office complex, 2.4 million SF
- Suburban office complex, 2.2 million SF
- Suburban office complex, 1.0 million SF
- CBD office tower, 1.0 million SF
- CBD office tower, 1.0 million SF
- Proposed mixed-use development (office, multifamily, retail, and parking components)
- CBD parking system encompassing six parking structures and 25 surface lots
- Suburban mixed-use project encompassing a 300,000 SF office tower, retail outlots and inline retail, an approximately 300-unit apartment tower and parking deck
- Proposed CBD world headquarters, 200,000 SF
Licenses and Designations
- MAI designation, Appraisal Institute
- Certified general real estate appraiser, state of Michigan
Education
Mr. Barskiy earned a degree of Bachelor of Business Administration degree with a major in finance from Eastern Michigan University. He also completed extensive coursework from the Appraisal Institute.