{"id":1004152008,"date":"2016-09-08T01:50:35","date_gmt":"2016-09-08T09:50:35","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004152008"},"modified":"2020-05-18T15:22:05","modified_gmt":"2020-05-18T23:22:05","slug":"bbg-acquires-high-tech-appraisal-firm","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/bbg-acquires-high-tech-appraisal-firm\/","title":{"rendered":"BBG Acquires High-Tech Appraisal Firm"},"content":{"rendered":"

By Scott Baltic, Contributing Editor<\/em><\/p>\n

\"Chris<\/a>

Chris Roach, president, BBG<\/p><\/div>\n

Denver<\/strong>\u2014National CRE valuation, advisory and assessment firm BBG<\/a>, of Dallas, has completed the acquisition of Commercial Valuation Consultants Inc.<\/a>, a full-service CRE appraisal firm based in Denver and with offices in Phoenix and Orlando. Terms of the acquisition were not disclosed.<\/p>\n

CVC was founded by its president, Rodman Schley, in 2002. Schley, VP Patrick Walsh and CVC\u2019s other employees will join BBG, where Schley will serve as senior managing director, Western Region, and Walsh will be director of IT.<\/p>\n

Founded in 2009, BBG reportedly ranks among the largest U.S. CRE valuation and assessment firms, with more than 20 offices nationwide. With the addition of CVC\u2019s 23 employees, most of them in the Denver office, BBG will now total more than 190 employees, a BBG spokesperson told Commercial Property Executive<\/a><\/em>.<\/p>\n

Schley and his team \u201cshare our vision of creating a national independent valuation provider. Through this partnership, we have taken a large step toward achieving that goal,\u201d BBG President Chris Roach said in a prepared statement. \u201cCVC joining BBG \u2026 represents a big move for us. CVC gives the depth and expertise to continue to serve our clients on a larger scale in the West.\u201d<\/p>\n

\u201cThe technological advances CVC brings to BBG are paramount in our industry, and it\u2019s exciting for BBG to recognize the role that technology plays for our appraisers, staff and clients,\u201d added Jaimee Keene, managing director of BBG\u2019s Denver office.<\/p>\n

Citing a need to avoid specifics, for competitive reasons, Roach told CPE<\/em>, \u201cWe maximize the newest technology available to develop our own proprietary software platforms that provide a better product for our client. CVC was a critical component in completing this initiative.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

The buyer ranks among the largest U.S. CRE valuation and assessment firms, with more than 20 offices nationwide. <\/p>\n","protected":false},"author":882,"featured_media":1004152009,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21743,1587,21808,21742,15],"tags":[],"class_list":["post-1004152008","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-deals","category-denver","category-featured","category-latest","category-west"],"acf":[],"yoast_head":"\nBBG Acquires High-Tech Appraisal Firm - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/bbg-acquires-high-tech-appraisal-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BBG Acquires High-Tech Appraisal Firm\" \/>\n<meta property=\"og:description\" content=\"The buyer ranks among the largest U.S. CRE valuation and assessment firms, with more than 20 offices nationwide.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/bbg-acquires-high-tech-appraisal-firm\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-09-08T09:50:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-18T23:22:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/Chris-Roach-president-BBG-e1473325786113.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"554\" \/>\n\t<meta property=\"og:image:height\" content=\"546\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Baltic\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bbg-acquires-high-tech-appraisal-firm\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/bbg-acquires-high-tech-appraisal-firm\/\",\"name\":\"BBG Acquires High-Tech Appraisal Firm - 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He started writing about CRE in 1988 for a group of Chicago-based publications and in 1989 became the editor of Midwest Real Estate News. After moving on from there in 1991, Baltic continued writing occasionally about real estate, for publications like the Chicago Sun-Times, National Real Estate Investor, Urban Land, Shopping Center World and Architect\u2019s Newspaper. 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