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Akron Appraisal Group, 41 Other Appraisal Firms Combine to Launch Valbridge Property Advisors

UPublish story by Gary Barker

Gary Barker
Gary Barker

AKRON, OH (March 18, 2013) — Akron Appraisal Group, based in Akron Ohio, announced today that it has combined with 41 other appraisal firms to form Valbridge Property Advisors, which provides independent valuation and advisory services to local, regional, multi-market and national clients.

Akron Appraisal Group, Inc., founded in 2001 by Gary Barker and Michael Flak, is a longtime appraisal services leader in the regional market. For a transition period, the firm will be known as Valbridge Property Advisors l Akron Appraisal Group, Inc.

Based on publicly available information and company estimates, Valbridge immediately ranks among the Top 3 national commercial real estate valuation and advisory services firms, with 145 MAIs, 59 office locations and 600 staff across the U.S.

Valbridge Property Advisors l Akron Appraisal Group, Inc. is led by Gary Barker, MAI and Michael Flak, MAI, who are now senior managing directors of Valbridge. The Valbridge Akron team includes Teresa Simone, an appraiser since 2010.

Valbridge provides appraisal services based on objective criteria, in-depth knowledge of local property markets and using widely accepted valuation techniques consistent with the highest industry standards of practice. In contrast to most of its competitors, Valbridge provides independent valuation and advisory services.

Valbridge is a shareholder-owned national company, with each office run by the local practice leaders, including an appraiser who holds the MAI designation of the Appraisal Institute. The MAI designation signifies deep experience in the valuation and evaluation of commercial, industrial, residential and other types of properties.

Commenting on today’s launch of Valbridge, Gary Barker said: “Client demand for a strong, independent, and national commercial property appraisal services firm has driven us to combine with dozens of the best and brightest appraisers across the country to launch Valbridge. But we’re no less committed to being the #1 firm in our market known for high standards of accuracy, integrity and reporting. In fact, as Valbridge we will, over time, provide expanded services and an even higher level of service to our local clients, while also serving regional and national clients based outside the area.”

Gary Barker, MAI and Michael Flak, MAI each have 20+ years of commercial appraisal experience. Our appraisal firm has developed a strong reputation for objective appraisals for mortgage loans, tax appeals, and eminent domain.

Valbridge Specializes in All Types of Property and Land

Valbridge serves local, regional, multi-market and national clients. The firm specializes in all types of property and land, including:

• Office

• Industrial

• Retail

• Apartments / multifamily / senior living

• Lodging / hospitality / recreational

• Other special-purpose properties

About Valbridge Property Advisors

Valbridge Property Advisors, based in Naples, Fla., is one of the largest commercial property valuation and advisory services firms in the U.S., with 145 MAIs, 59 office locations and 600 staff. Valbridge provides independent appraisal services based on objective criteria, in-depth knowledge of local property markets and using widely accepted valuation techniques consistent with the highest industry standards of practice. Valbridge is a privately held company that is owned by its local practice leaders, not by a brokerage firm, investment firm or outside investors. Each Valbridge office is led by an appraiser who holds the MAI designation of the Appraisal Institute. The MAI designation signifies deep experience in the valuation and evaluation of commercial, industrial, residential and other types of properties. Additional information about Valbridge Property Advisors is available online at www.valbridge.com.


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