{"id":1004170703,"date":"2017-03-29T01:18:45","date_gmt":"2017-03-29T09:18:45","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004170703"},"modified":"2022-12-08T15:25:35","modified_gmt":"2022-12-08T23:25:35","slug":"bbg-buys-los-angeles-appraisal-firm","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/bbg-buys-los-angeles-appraisal-firm\/","title":{"rendered":"BBG Buys Los Angeles Appraisal Firm"},"content":{"rendered":"<p><em>By Keith Loria, Contributing Editor<\/em><\/p>\n<p><strong>Los Angeles<\/strong>\u2014BBG has acquired Abergel &amp; Associates, a full-service commercial real estate appraisal firm founded by Michael Abergel in\u00a0Los Angeles.<\/p>\n<div id=\"attachment_1004170705\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Chris-Roach.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004170705\" data-attachment-id=\"1004170705\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/bbg-buys-los-angeles-appraisal-firm\/chris-roach-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Chris-Roach.jpg\" data-orig-size=\"800,600\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Chris Roach\" data-image-description=\"&lt;p&gt;Chris Roach&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Chris Roach, BBG\u2019s CEO&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Chris-Roach.jpg?w=800\" class=\"wp-image-1004170705 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Chris-Roach.jpg\" alt=\"Chris Roach\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Chris-Roach.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Chris-Roach.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/03\/Chris-Roach.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004170705\" class=\"wp-caption-text\">Chris Roach, BBG\u2019s CEO<\/p><\/div>\n<p>\u201cMike and his team have worked together for over 20 years.\u00a0The collective group of local market expertise, along with long lasting customer relationships, is what attracted us to Abergel &amp; Associates,\u201d Chris Roach, BBG\u2019s CEO, told <em>Commercial Property Executive<\/em>. \u201cOur focus remains on being the premier independent national valuation company.\u201d<\/p>\n<p>BBG ranks among the largest U.S. real estate valuation and assessment firms, with more than 20 offices nationwide.\u00a0 The acquisition is the firm\u2019s second in the Western region within the past year, following the purchase of Denver-based Commercial Valuation Consultants.<\/p>\n<p>Abergel &amp; Associates has been successfully competing with the major brokerage firms in one of the largest markets in the world for over two decades. Abergel will join the BBG team as managing director of its Los Angeles\u00a0office, responsible for overseeing the office\u2019s operations, creating new business opportunities and quality control.<\/p>\n<p>\u201cMike adds depth and experience to our current California management team. His reputation as one of the most respected real estate valuation experts in L.A. bolsters our ability to service our clients in that market, along with our brand along the West Coast,\u201d Roach said. \u201cHe has overcome similar challenges and has celebrated similar successes.\u00a0He and his team have experienced the tremendous value in local market expertise along with excellent customer service.\u00a0From the beginning of this process, we felt like they were a perfect fit for BBG.\u201d<\/p>\n<p>According to Roach, the moves aren\u2019t done yet. The firm has a few other acquisitions currently in process; two of which should close in the next couple of weeks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The acquisition of Abergel &amp; Associates marks the company\u2019s second expansion move in the Western region within the past year.<\/p>\n","protected":false},"author":451,"featured_media":1004170705,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21808,1594,21742,15],"tags":[34666],"class_list":["post-1004170703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-featured","category-los-angeles","category-latest","category-west","tag-bbg"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BBG Buys Los Angeles Appraisal Firm - 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