Paul Griffith, MAI, CRE, FRICS, serves as a senior managing director and the market leader for Newmark Valuation and Advisory in West Pennsylvania and West Virginia. Mr. Griffith leads an office of valuation and consulting professionals that have a combined experience of over 200 years in Western Pennsylvania and West Virginia. Actively engaged in real estate valuation and consulting since 1979, he has successfully completed assignments for acquisition and disposition analyses, market and feasibility studies, litigation, including eminent domain and assessment appeals and corporate asset valuation. In addition, Mr. Griffith has managed portfolios involving hundreds of properties across the United States.
Mr. Griffith joined Newmark in 2018, when the firm acquired several affiliate offices of Integra Realty Resources. At the time of the acquisition, he was serving as senior managing director in IRR’s Pittsburgh office.
Mr. Griffith’s professional affiliations include membership in the Counselors of Real Estate (CRE), NAIOP and Urban Land Institute (ULI). He has also earned the MAI designation of the Appraisal Institute and is a fellow of the Royal Institute of Chartered Surveyors (FRICS). Currently, Mr. Griffith is licensed as a general real estate appraiser in the Commonwealth of Pennsylvania and states of Maryland, New Jersey, Ohio and West Virginia.
Additionally, Mr. Griffith has qualified as an expert witness in United States District Court, United States Bankruptcy Court, over a dozen Pennsylvania Courts of Common Pleas and numerous county assessment appeal boards.
Mr. Griffith is recognized as an expert in valuation methodology and has been an instructor for the Appraisal Institute. Courses taught include Income Approach and Highest and Best Use. He was previously an adjunct professor at Duquesne University. He regularly provides commentary to local media on real estate topics.
Mr. Griffith earned a Bachelor of Science degree in business management from the Pennsylvania State University. He has also successfully completed numerous real estate-related courses and seminars sponsored by the Appraisal Institute and accredited universities.