Kendall Winegar, MAI, joined Newmark Valuation & Advisory in 2019 as a senior vice president. Based in the firm’s Chicago O’Hare office, Mr. Winegar provides valuation services with a primary focus on senior housing and healthcare properties throughout the Midwest.
A highly experienced appraiser with more than 25 years in the business, Mr. Winegar has prepared and performed valuations and market analyses on a broad range of properties that include various apartment, retail, industrial and office properties. In addition, Mr. Winegar has appraised various other properties, such as self storage facilities, gasoline stations, vacant land, residential subdivisions and manufacturing housing communities. Over the past few years, Mr. Winegar has performed hundreds of valuations with a specific focus on senior housing properties, including skilled nursing facilities, independent living facilities, assisted living facilities, memory care facilities, continuing care retirement communities (CCRCs) and medical office properties.
Mr. Winegar has completed valuations and market studies on proposed, partially completed, renovated and existing properties. He has performed valuations for mortgage financing, tax appeal, investment counseling, real estate allocation, potential sale or purchase, and feasibility analysis. His clients have included commercial banks, developers, corporations, individual property owners, public agencies, insurance companies and legal firms.
Prior to Newmark, Mr. Winegar served as a director in the Chicago and Rosemont offices of Cushman and Wakefield of Illinois, Inc. for more than five years. Prior to C&W, he worked at various appraisal firms. Mr. Winegar also worked for nearly a decade as a real estate broker specializing in industrial properties and as a real estate developer specializing in the development of self storage in the Chicago and Detroit markets.
Licenses and Designations
- Designated member, Appraisal Institute (MAI)
- Certified general appraiser, states of, Illinois, Indiana, Iowa, Kansas, Kentucky, Missouri, Michigan, Minnesota, Nebraska, Ohio, West Virginia and Wisconsin
Mr. Winegar earned a Master of Business Administration degree in real estate from DePaul University and a Bachelor of Science degree in real estate from the University of Wisconsin-Madison.