Jose Ortiz, MAI, MRICS, joined Newmark’s Valuation & Advisory in 2017 as a senior vice president in the Palm Beach Gardens, Florida, office. Mr. Ortiz has more than 17 years of real estate experience, including 13 years as a commercial real estate appraiser.
Mr. Ortiz has expertise researching real estate markets, analyzing market data and communicating conclusions for proposed and existing projects. His appraisal assignments have typically included determining highest/best use and market value analysis. His consulting services have included property acquisition pricing, determining the ideal real estate product for a given market and determining proposed project feasibility.
The scope of Mr. Ortiz’s expertise extends to, but is not limited to:
| Acreage | Places of worship |
| Apartment projects | Replacement cost new |
| Assisted living facilities | Retail (including restaurants) |
| Automobile dealerships | Self storage facilities |
| Commercial buildings | Shopping centers |
| Condominium conversions | Subdivisions |
| Condominium projects | Vacant commercial land |
| Hotels and motels | Vacant industrial land |
| Industrial properties | Vacant residential land |
| Mobile home parks | Warehouses |
| Office buildings |
Prior to Newmark, Mr. Ortiz served as a vice president in CBRE’s office in Palm Beach Gardens for more than seven years. Previously, he worked for five years as an appraiser with Callaway & Price, Inc., in West Palm Beach. He began his real estate career as a researcher at Callaway & Price, Inc.
PROFESSIONAL AFFILIATIONS:
- Designated member, Appraisal Institute MAI
- Member, Royal Institution of Chartered Surveyors (MRICS)
- Certified general real estate appraiser, states of Florida and Georgia
- Florida real estate sales associate license
Mr. Ortiz earned a bachelor’s degree in finance and real estate from Florida Atlantic University.