Partner Valuation Advisors, a top 10 national appraisal firm, continues to expand its leadership team with the addition of Jeff Colton, MAI, who joins the firm in California as Executive Vice President.
“Jeff strengthens our national footprint and builds our West Coast presence across key markets in Southern California,” said Partner Valuation Advisors’ Senior Managing Director, Eric L. Enloe, MAI, CRE, FRICS. “The multifamily sector is an important asset class that continues to attract investment and Southern California’s massive population base continues to drive demand for this property type.”
Mr. Colton has worked with clients that range from developers and investment funds to local banks and large financial institutions, with deal sizes ranging from $1 million to $350 million. His primary focus is Southern California, however, he has national experience including performing valuations in states such as California, Oregon, Washington, Nevada, Arizona, New Mexico, Colorado and Texas.
Among the highlights of his career include a proposed affordable project with 2,000 restricted units across five phases and multiple buildings within the project; a proposed mixed-use project with 573 units and ground floor retail; an existing mixed-use project with 393 units and ground floor retail; a proposed subdivision that included more than 541 residential units (apartments, townhomes, and SFRs); and a Single-Family Residence with nine proposed ADUs.
Jeff Colton most recently served at Cushman & Wakefield and started his career in the senior housing communities’ sector focusing on independent living, assisted living, memory care, and skilled nursing facilities.
“Partner Valuation Advisors is in a unique position to provide clients with a holistic perspective on properties, leveraging our data and interactions with investors across the country to provide better advisory services to these clients,” said Mr. Colton. “The team at Partner Valuation Advisors is ideally aligned and matched with the resources and relationships at Partner Engineering & Science that will allow me to continue to grow, as well as help expand the business on the West Coast, and specifically in the multifamily sector.”
Recently, the primary focus of Mr. Colton’s practice has been on multifamily communities. That includes market-rate/restricted-rate apartments; LIHTC communities, Section 8/HAP Contracts, HFA Contracts, and assets in local rate restricted markets. He brings experience with mixed-use communities with an office or retail component, Single-family subdivisions, Student Housing / Co-Living Communities that are rented by unit and rented by bedroom, including both smaller and institutional sized assets either near major college campuses or in urban areas. Mr. Colton also has handled valuation assignments involving Manufactured Housing Communities (MHCs), as well as land valuation assignments encompassing properties in all aspects of a life cycle including proposed developments and land values, value-add scenarios, and stabilized communities.
Mr. Colton earned a master’s degree in Business Administration from UCLA’s Anderson School of Management and a bachelor’s degree in Materials Science/Engineering from the Massachusetts Institute of Technology. Mr. Colton holds appraisal licenses in California, Arizona, and Texas.
