Newmark Knight Frank Expands Valuation & Advisory Practice in Midwest

ST. CHARLES, IL—Newmark Knight Frank’s Valuation & Advisory Practice has added 10 valuation professionals to its staff, all coming from RVG Commercial, LLC based here.

RVG (Real Valuation Group) Commercial’s new members of NKF V&A are: Edward Kling, Peter Helland and Michael Lysien as senior vice presidents; Keith Stewart, Donald DiNapoli and Scott Kling as vice presidents; and Steve Bloch, Michael Crum, Agnieszka Jurowska and Brenda Culotta as senior analysts.

The new hires will be led by Newmark Knight Frank senior managing director and NKF V&A market leader for Illinois, Kansas and Missouri, John Mackris, MAI, MRICS, CCIM.

“We are thrilled to welcome these skilled professionals to strategically augment NKF V&A in the Midwest,” Mackris says. “Ed Kling’s valuation group has been a well-respected fixture in this market for nearly two decades and we expect the professionals’ excellent training and unique expertise to enhance our existing regional platform.”

Kling, MAI, MRICS brings 30 years of appraisal experience and specializes in commercial real estate appraisals and appraisal reviews for property tax assessment appeals and other forms of litigation. Prior to joining NKF, Kling served as president of RVG Commercial for nearly 20 years.

Helland, MAI, AI-GRS has 14 years in the industry and has successfully performed valuation services primarily in Illinois, Wisconsin, Iowa and Indiana. His clients have included national credit tenants, regional and local property owners, law firms, tax representatives, tax departments and lenders. His expertise includes commercial real estate appraisals and appraisal reviews for property tax assessment appeals and other forms of litigation. Helland most recently served as EVP at RVG Commercial, which he joined in 2005.

Lysien joins NKF V&A with more than 12 years of experience performing valuations on a wide range of property types and markets. He has successfully completed valuations on various proposed, partially completed and existing structures, including but not limited to neighborhood and community retail centers, single- and multi-tenant industrial and office developments, big box retail uses and mixed-use properties.

Stewart, MAI, has extensive experience in preparing full narrative appraisal reports for financing, estate, property assessment appeal, individual and public agency purposes. He began his real estate career in 1997. The following year, he co-founded Stewart Commercial Real Estate Services, Inc., which specialized in the appraisal of retail, office, medical office, industrial, apartment, mixed-use, restaurant, gas station, airport, automotive-related and special purpose properties throughout Illinois and Wisconsin. In addition to appraising real estate, Stewart has successfully marketed and sold residential and commercial properties throughout the Chicago area.