Scott R. Tonneson, MAI, MRICS, joined Newmark Knight Frank Valuation & Advisory in 2018 and currently serves as executive vice president and southeast regional leader for the Residential Development Specialty Practice. Mr. Tonneson has more than 25 years of real estate appraisal and consulting experience, with particular expertise in the valuation of all types of commercial land and residential development property, including proposed and remaining inventory in subdivisions and planned unit developments (PUDs), mixed-use projects, retirement/second-home communities, condominiums and master-planned communities throughout the Mid-Atlantic and Southeast. Additionally, Mr. Tonneson has provided appraisal and consulting services on a variety of commercial and investment properties, including office, retail, industrial, multifamily, daycare, self-storage, auto dealership, golf courses, poultry operations and marinas. Mr. Tonneson has provided expert witness testimony more than 100 times in Georgia. Prior to NKF, Mr. Tonneson worked in the valuation & advisory group at Cushman & Wakefield of Georgia for nearly 16 years, most recently as head of the Residential Development Practice Group in the Southeast.
Professional Achievements
- Atlanta - Top Valuation & Advisory Professional, Cushman & Wakefield, 2008 - 2012
Licenses and Designations
- Designated member, Appraisal Institute
- Member, Royal Institution of Chartered Surveyors (MRICS)
- Certified general real estate appraiser, Commonwealth of Virginia, states of Alabama, Florida, Georgia, North Carolina, South Carolina and Tennessee
Education
Mr. Tonneson earned a Bachelor of Business Administration degree from the University of West Georgia. More recently, he has completed the continuing education requirements of the Appraisal Institute.