Last Updated on: 14th November 2024, 02:51 am
Standard Valuation Services (SVS), a private company specialising in commercial property appraisal and consultancy, has announced a significant expansion of its Chicago and Midwest operations. SVS is adding seven new team members and incorporating new services from the former owners of the Valbridge Property Advisors | Chicago Metro franchise, effective immediately. This move enhances SVS’s extensive range of services and strengthens its reach across the region.
“This exciting expansion strengthens our company and adds some of the industry’s most respected commercial real estate appraisers to our team,” says Sam Louise, MAI, ASA, founder and CEO of Standard Valuation Services. “Since the beginning, we’ve offered best-in-class appraisals to the Chicago area, and our number one priority is always adding value for our clients. This expansion means bringing on board new specialty expertise, technology, and systems to revolutionise the client experience.”
Since its founding in 2013, Standard Valuation Services has established itself as a leading commercial property valuation firm, offering appraisals and consultation for both commercial and residential real estate across Chicago and the broader Midwest. SVS has appraised over $20 billion in property assets, including prominent projects like the Uptown Theater and Blarney Island.
The former owners of the VPA | Chicago Metro franchise previously offered a full range of valuation and advisory services throughout the Midwest. With this acquisition, SVS is expanding its product offerings to include specialised services, litigation support, and a stronger footprint in the Fulton River District. This acquisition also brings the expertise of industry veterans Gary DeClark, MAI, CRE, FRICS, R/W-AC, with over 40 years’ experience, and Anthony Mulé, MAI, CCIM, ASA, with extensive knowledge of various commercial property types.
“In my career, there are very few types of properties or purposes for analysis I have not experienced,” says Gary DeClark, MAI, CRE, FRICS, R/W-AC, who will become President of Specialty Services and Litigation Support at Standard Valuation Services. “The experience and creative problem-solving we bring to assignments will only benefit our clients.”
“We are excited to join the Standard Valuation Services team,” added Anthony Mulé, MAI, CCIM, ASA, incoming EVP of Valuation Services at Standard Valuation Services. “Whether it’s navigating the constantly evolving real estate markets, providing litigation support, strategic planning, or in-depth property analysis, we are committed to acting as trusted advisors, helping our clients resolve their most complex valuation needs with confidence.”
DeClark and Mulé bring an extensive portfolio, including landmark properties like The Merchandise Mart and The Drake Hotel in Chicago, as well as unique projects, such as valuing subterranean rights near Wrigley Field.
Based in Willowbrook, IL, Standard Valuation Services regularly supports clients across Chicago and the greater Midwest region.
