Valbridge Property Advisors expands to New York City market; In combination with the Oxford Group

Valbridge Property Advisors, one of the top three commercial real estate valuation and advisory services firms in the U.S., has expanded into the New York City market in combination with The Oxford Group, one of the largest independent commercial and multifamily property appraisal firms in the region. The company will now do business regionally under the name Valbridge Property Advisors | Oxford Group, with office locations in New York City, and Morris Plains and Wall Township, N.J. Regional management remains the same: George Denman, MAI, senior managing director; John Eckhoff, MAI, managing director (New Jersey); Jack Sheehan, MAI, managing director (New Jersey); and Frank Trupia, MAI, managing director (New York). Valbridge Property Advisors was founded in 2013. Already it is one of the three largest commercial property valuation and advisory services firms in the U.S., with 63 offices, 173 MAIs and more than 650 staff. Richard Armalavage, MAI, CEO and president of Valbridge Property Advisors, Inc., said "We love New York! Local, regional, multi-market and national clients expect and appreciate the full range of commercial valuation and advisory services delivered by best-in-class appraisal professionals. Our combined team is well positioned to analyze properties and portfolios and advise clients on investment, lending, lease-own and other real estate and financial business decisions." "The Oxford Group is a regional market leader that immediately helps Valbridge not just on a geographic basis, but in the interest of building out the strongest national platform to deliver independent valuation and advisory services. We welcome their experience, leadership and commitment to the effort," said Armalavage. George Denman, senior managing director, Valbridge Property Advisors l Oxford Group, said, "Joining Valbridge immediately enables us to offer national coverage to better serve our existing clients and the opportunity to provide competitive expertise to a new market segment that is currently underserved. This is truly a fantastic opportunity!"