Kidder Mathews is pleased to welcome David Newman, MAI as a senior vice president in Sacramento.
David Newman has been part of several specialty practice groups that have appraised large property portfolios. Notable assignments include a mobile home park portfolio with over 150 properties located throughout the country, a 30-property multifamily portfolio in Kansas, Missouri, and Tennessee, a 20-property Burger King portfolio in Georgia and Florida, a 14-property multifamily portfolio in Northern California, and a 12-property medical office building portfolio in Florida.
He primarily concentrates on apartment complexes, office buildings, industrial buildings, freestanding net-leased retail buildings, and shopping centers. Newman has also appraised hotels/motels, mobile home parks, self-storage facilities, and ground-leased properties. His clients have included regional and national financial institutions, private property owners, accounting firms, estate attorneys, and public agencies.
David Newman holds the prestigious MAI designation from the Appraisal Institute, demonstrating his nuanced understanding of commercial property valuation and his commitment to sound and ethical professional practice.
“Kidder Mathews’ dynamic platform allows appraisers the flexibility to work on a wide range of projects and grow their practice, backed by top professionals and access to premier brokerage and marketing experts.,” said Newman.
Kidder Mathews’ Valuation Advisory is enjoying substantial growth, with a more than 50% increase in assignments over the past six years. The division continues to attract the industry’s highest-quality professionals, with more than half of its appraisers holding the prestigious MAI designation from the Appraisal Institute. With this, the firm has more professionals with the designation than any other independent commercial real estate firm on the West Coast.
Kidder Mathews is the largest independent commercial real estate firm on the West Coast, with over 900 professionals at offices in Washington, Oregon, California, Nevada, and Arizona. The company offers a complete range of brokerage, appraisal, asset services, consulting, and debt & equity finance services for all property types. Kidder Mathews averages over $10 billion in transaction volume, manages 55 million square feet of space, and conducts 2,600 appraisal, consulting, and cost segregation assignments annually.
