PHILADELPHIA, PA—The Philadelphia Metro Chapter of the Appraisal Institute honored Integra Realty Resources' senior managing director Joseph Pasquarella, MAI, CRE, FRICS, with the Felice A. Rocca, Jr. Memorial Award in recognition of his role as an outstanding counselor, educator, and mentor in the field; for his exemplary character and high sense of ethics; and for his devotion and contributions to the appraisal profession.

“Joe demonstrates what it means to be a leader in the industry and to help guide others in achieving the highest level of quality and ethics in their work,” says John Albrecht, CEO of Integra Realty Resources. “This award reiterates what we know: That Joe truly stands out in the field as a prominent source of insight and professionalism in commercial real estate. We're grateful to the Appraisal Institute for recognizing this talent within our national organization and for promoting and fostering excellence in the appraisal field.”

The award was established in 1999 in memory of Felice A. Rocca, Jr., MAI, SREA, who served as president of both of the Appraisal Institute's predecessor organizations, as well as numerous other local and national committees. “Fil” Rocca committed decades to the field, was highly regarded as a counselor and educator, and was a mentor to dozens starting out in the profession.

Pasquarella, who leads the Philadelphia office of North America's largest independent market research and commercial real estate valuation and counseling firm, began his real estate career in 1973 and joined the ranks of IRR's Philadelphia office in 1999. He was recently appointed by Pennsylvania Gov. Tom Corbett to the Pennsylvania State Board of Certified Real Estate Appraisers, and has worked with a variety of clients, including the world's largest financial institutions, government agencies, major law firms, and Fortune 100 companies. He has extensive experience in the valuation of shopping centers, major office buildings, hotels, special purpose properties, and beyond.

He holds a master's degree from the University of Wisconsin-Madison and a Bachelor of Business Administration from Temple University.