Real Estate appraisal firms: ranked by the number of licensed real estate apraisers in L.A. County. (The List).EXECUTIVE SUMMARY DESPITE strong residential and commercial real estate markets, the number of licensed appraisers at the 10 largest firms in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. County fell last year. CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. Valuation & Advisory Services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal claimed the top spot in the rankings, this year ranked by fulltime appraisers. Knocked out Adj. 1. knocked out - knocked unconscious by a heavy blow kayoed, KO'd, stunned, out unconscious - not conscious; lacking awareness and the capacity for sensory perception as if asleep or dead; "lay unconscious on the floor" of the top spot was PCV/Murcor, which long had been the largest when ranked by full-and part-time part-time adj. For or during less than the customary or standard time: a part-time job. part appraisers. PCV/Murcor saw its combined staff and contractors shrink shrink Vox populi noun A psychiatrist by 18 percent for the year. Keith Murray Keith Murray may refer to:
pref. Middle: midbrain. 2002 loss of a contract with the U.S. Department of Housing and Urban Development and to many appraisers striking out on their own. "Lenders only ask that you're you're Contraction of you are. you're you are you're be licensed, so there is a lot of opportunity for residential appraisers to work for themselves when it's it's 1. Contraction of it is. 2. Contraction of it has. See Usage Note at its. it's it is or it has it's be ~have busy," he said. There were 90 full-time full-time adj. Employed for or involving a standard number of hours of working time: a full-time administrative assistant. full appraisers employed at the 10 largest firms, down 28 percent from the previous year's 125. Adding full-time subcontractors into the calculations, employment at the 10 largest firms is still off 19 percent. Statewide, the number of licensed appraisers was up roughly 9 percent in 2002. There are nearly 12,000 active licensed appraisers statewide, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Anthony Majewski, acting director of the Office of Real Estate Appraisers. Majewski projected a downward trend in the next 5 years, citing a low renewal rate for trainees and increased use of automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. valuation models. Nicole Taylor Taylor, city (1990 pop. 70,811), Wayne co., SE Mich., a suburb of Detroit adjacent to Dearborn; founded 1847 as a township, inc. as a city 1968. A small rural village until World War II, it developed significantly in the second half of the 20th cent. THE PACESETTER CB RICHARD ELLIS VALUATION & ADVISORY SERVICES CB Richard Ellis, the county's largest real estate appraisal Real estate appraisal An estimate of the value of property using various methods. firm, had a busy year in 2002, with business up 10 percent to 15 percent over the previous year. Its revenues of $6 million were also 10 percent higher than the-year earlier. It reached the top spot despite seeing its staff of licensed appraisers shrink to 15 from 17, which Donald Donald (Domnall, Domhnall, Dumhnuil, Dónall) is an anglicized version of a Scottish or Irish Gaelic personal name, containing the elements dumno "world" and val "rule", viz. "ruler of the world". Compare Dumnorix. Spradlin, its senior managing director, said was the result of office turnover. The office has hired four people and should be up to 19 licensed appraisers as soon as the state certification process is complete, which could take anywhere from a few months to two years, he said. "Throughout 2002 and the first quarter of 2003, the low interest rate environment has helped us because people are refinancing Refinancing An extension and/or increase in amount of existing debt. ," said Spradlin. "Sixty percent of our business is mortgage related." CB has been working with the Los Angeles Unified School District The Los Angeles Unified School District (the "LAUSD") is the largest (in terms of number of students) public school system in California and the second-largest in the United States. Only the New York City Department of Education has a larger student population. in providing appraisal services for its acquisition of new school sites and the disposing of old schools. The firm also does litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. support for LAUSD LAUSD Los Angeles Unified School District (Los Angeles, CA) and has expanded that staff to three people from one. Other corporate clients include GMAC GMAC General Motors Acceptance Corporation GMAC Graduate Management Admission Council GMAC Give Me A Call GMAC Genetic Manipulation Advisory Committee GMAC Genetic Modification Advisory Committee (Singapore) GMAC Give Me A Chance Commercial Mortgage, GE Capital and Wells Fargo Wells Fargo armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147] See : Protectiveness Wells Fargo company that handled express service to western states; often robbed. [Am. Hist. Bank. Spradlin said volume in the first quarter of 2003 was ahead of the like period last year, and that the firm was planning to add staff to each of its Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, offices. Spradlin expects larger appraisal firms to gain even more share as large corporate clients seek to hire national firms. "There is a lot more lending done by Wall Street firms, with pools of securitized securitized Of, related to, or being debt securities that are secured with assets. For example, mortgage purchase bonds are secured by mortgages that have been purchased with the bond issue's proceeds. loans, and they want to see a major firm's name on the appraisal report," said Spradlin. [GRAPH graph, figure that shows relationships between quantities. The graph of a function y=f (x) is the set of points with coordinates [x, f (x)] in the xy-plane, when x and y are numbers. OMITTED]
Rank Firm (Ranking in 2002) L.A. County Staff
* name * r.e. appraisers (1/) Subs (2)
* address * general (3)/residential (4)
* total employees
1 CB Richard Ellis Valuation & 15/0
Advisory Svcs. (2) 15/0
355 S. Grand Ave., 25
Suite 1200
Los Angeles 90071
2 PCV/Murcor (1) 12/6
3191 Temple Ave., Suite 225 5/3
Pomona 91768 43
3 Major Appraisals Inc. (5) 11/1
5933 W. Century Blvd., 1/9
Suite 216 13
Los Angeles 90045
4 Curtis-Rosenthal LLC (4) 9/2
5959 W. Century Blvd., 10/1
Suite 1010 15
Los Angeles 90045
5 Integra Realty Resource - Los 9/0
Angeles (7) (6) 7/0
20720 Ventura Blvd., 13
Suite 240
Woodland Hills 91364
6 Lea Associates Inc. (10) 7/1
1635 Pontius Ave. 5/1
Los Angeles 90025 10
7 Cushman & Wakefield
Valuation 7/0
Advisory Svcs. (3) 7/0
601 S. Figueroa St., 19
47th Floor
Los Angeles 90017
8 Mason & Mason Real Estate 7/0
Appraisers & Consultants (8) 7/0
2609 Honolulu Ave., 14
Suite 100
Montrose 91020
9 Abergel & Associates 7/0
24009 W. Ventura Blvd., 6/0
Suite 200 9
Calabasas 91302
10 Charles R. Wilson & 6/1
Associates Inc. (9) 6/0
234 E. Colorado Blvd., 11
Suite 220
Pasadena 91101
Rank Firm (Ranking in 2002) Percentage of
* name Appraisals
* address * commercial
* residential
1 CB Richard Ellis Valuation & 90
Advisory Svcs. (2) 10
355 S. Grand Ave.,
Suite 1200
Los Angeles 90071
2 PCV/Murcor (1) 20
3191 Temple Ave., Suite 225 80
Pomona 91768
3 Major Appraisals Inc. (5) 2
5933 W. Century Blvd., 98
Suite 216
Los Angeles 90045
4 Curtis-Rosenthal LLC (4) 90
5959 W. Century Blvd., 10
Suite 1010
Los Angeles 90045
5 Integra Realty Resource - Los 80
Angeles (7) (6) 20
20720 Ventura Blvd.,
Suite 240
Woodland Hills 91364
6 Lea Associates Inc. (10) 90
1635 Pontius Ave. 10
Los Angeles 90025
7 Cushman & Wakefield
Valuation 100
Advisory Svcs. (3) 0
601 S. Figueroa St.,
47th Floor
Los Angeles 90017
8 Mason & Mason Real Estate 90
Appraisers & Consultants (8) 10
2609 Honolulu Ave.,
Suite 100
Montrose 91020
9 Abergel & Associates 100
24009 W. Ventura Blvd., 0
Suite 200
Calabasas 91302
10 Charles R. Wilson & 95
Associates Inc. (9) 5
234 E. Colorado Blvd.,
Suite 220
Pasadena 91101
Rank Firm (Ranking in 2002) Professional
* name Designation-
* address No. of
Appraisers (5)
1 CB Richard Ellis Valuation & MAI-8, ASA-1, SRA-1
Advisory Svcs. (2)
355 S. Grand Ave.,
Suite 1200
Los Angeles 90071
2 PCV/Murcor (1) MAI-2, ASA-1, IFAS-1
3191 Temple Ave., Suite 225
Pomona 91768
3 Major Appraisals Inc. (5) none
5933 W. Century Blvd.,
Suite 216
Los Angeles 90045
4 Curtis-Rosenthal LLC (4) MAI-2, AAPI-1
5959 W. Century Blvd.,
Suite 1010
Los Angeles 90045
5 Integra Realty Resource - Los MAI-4
Angeles (7) (6)
20720 Ventura Blvd.,
Suite 240
Woodland Hills 91364
6 Lea Associates Inc. (10) MAI-3
1635 Pontius Ave.
Los Angeles 90025
7 Cushman & Wakefield
Valuation MAI-7
Advisory Svcs. (3)
601 S. Figueroa St.,
47th Floor
Los Angeles 90017
8 Mason & Mason Real Estate MAI-6, SRA-1, RM-1, MRED-1, SRWA-1
Appraisers & Consultants (8)
2609 Honolulu Ave.,
Suite 100
Montrose 91020
9 Abergel & Associates MAI-3, CRE-1
24009 W. Ventura Blvd.,
Suite 200
Calabasas 91302
10 Charles R. Wilson & CRE-1
Associates Inc. (9)
234 E. Colorado Blvd.,
Suite 220
Pasadena 91101
Rank Firm (Ranking in 2002) Types of Real Estate Appraisals
* name (partial list)
* address
1 CB Richard Ellis Valuation & office, industrial, retail,
Advisory Svcs. (2) apartment projects, residential
355 S. Grand Ave., subdivisions, hotels, golf courses
Suite 1200
Los Angeles 90071
2 PCV/Murcor (1) existing and proposed retail,
3191 Temple Ave., Suite 225 office, industrial, residential,
Pomona 91768 hotel/motel, special purpose, land
3 Major Appraisals Inc. (5) residential properties, residential
5933 W. Century Blvd., income properties, commercial,
Suite 216 drive-bys, reviews
Los Angeles 90045
4 Curtis-Rosenthal LLC (4) retail, office, industrial,
5959 W. Century Blvd., apartments, residential,
Suite 1010 subdivisions, hospitality, senior
Los Angeles 90045 housing
5 Integra Realty Resource - Los industrial, office, retail,
Angeles (7) (6) regional shopping centers, hotel/
20720 Ventura Blvd., motel, subdivisions, easements
Suite 240
Woodland Hills 91364
6 Lea Associates Inc. (10) office, retail, industrial,
1635 Pontius Ave. apartment, hotel, marina
Los Angeles 90025
7 Cushman & Wakefield
Valuation office, industrial, regional malls,
Advisory Svcs. (3) retail, apartments, hospitality and
601 S. Figueroa St., resorts, senior housing and health
47th Floor care
Los Angeles 90017
8 Mason & Mason Real Estate complex valuation, litigation,
Appraisers & Consultants (8) eminent domain and inverse
2609 Honolulu Ave., condemnation, ground leases,
Suite 100 acreage
Montrose 91020
9 Abergel & Associates apartment, retail, office,
24009 W. Ventura Blvd., industrial, tract development
Suite 200
Calabasas 91302
10 Charles R. Wilson & self-storage, commercial,
Associates Inc. (9) industrial, multi-family
234 E. Colorado Blvd.,
Suite 220
Pasadena 91101
Rank Firm (Ranking in 2002) Other Services
* name (partial list)
* address
1 CB Richard Ellis Valuation & litigation support, consulting,
Advisory Svcs. (2) evaluation analysis, property tax
355 S. Grand Ave., services, portfolio analysis
Suite 1200
Los Angeles 90071
2 PCV/Murcor (1) consulting, litigation support,
3191 Temple Ave., Suite 225 portfolio valuation, due diligence,
Pomona 91768 loss mitigation assistance, review
appraisals
3 Major Appraisals Inc. (5) pre-sale values, gross living area
5933 W. Century Blvd., inspections
Suite 216
Los Angeles 90045
4 Curtis-Rosenthal LLC (4) litigation support, expert
5959 W. Century Blvd., testimony, market studies, partial
Suite 1010 interest discount studies,
Los Angeles 90045 appraisal review, DCF analysis
5 Integra Realty Resource - Los arbitration, expert testimony,
Angeles (7) (6) litigation support, partial
20720 Ventura Blvd., takings, diminution in value
Suite 240 studies
Woodland Hills 91364
6 Lea Associates Inc. (10) litigation support, arbitration,
1635 Pontius Ave. market studies, investment advisory
Los Angeles 90025 services, negotiation
7 Cushman & Wakefield
Valuation litigation support, feasibility and
Advisory Svcs. (3) market studies, highest and best
601 S. Figueroa St., use analysis, transactional due
47th Floor diligence
Los Angeles 90017
8 Mason & Mason Real Estate property management, real estate
Appraisers & Consultants (8) brokerage, arbitration
2609 Honolulu Ave.,
Suite 100
Montrose 91020
9 Abergel & Associates market studies, low-income housing,
24009 W. Ventura Blvd., tax credit analysis
Suite 200
Calabasas 91302
10 Charles R. Wilson & consulting
Associates Inc. (9)
234 E. Colorado Blvd.,
Suite 220
Pasadena 91101
Rank Firm (Ranking in 2002) Profile
* name * year established
* address * headquarters
* offices (county/total)
1 CB Richard Ellis Valuation & 1994
Advisory Svcs. (2) Los Angeles
355 S. Grand Ave., 1/36
Suite 1200
Los Angeles 90071
2 PCV/Murcor (1) 1979
3191 Temple Ave., Suite 225 Pomona
Pomona 91768 1/same
3 Major Appraisals Inc. (5) 1984
5933 W. Century Blvd., Los Angeles
Suite 216 1/same
Los Angeles 90045
4 Curtis-Rosenthal LLC (4) 1983
5959 W. Century Blvd., Los Angeles
Suite 1010 1/3
Los Angeles 90045
5 Integra Realty Resource - Los 1996
Angeles (7) (6) New York
20720 Ventura Blvd., 1/51
Suite 240
Woodland Hills 91364
6 Lea Associates Inc. (10) 1976
1635 Pontius Ave. Los Angeles
Los Angeles 90025 1/same
7 Cushman & Wakefield
Valuation 1981
Advisory Svcs. (3) New York
601 S. Figueroa St., 1/23
47th Floor
Los Angeles 90017
8 Mason & Mason Real Estate 1926
Appraisers & Consultants (8) Montrose
2609 Honolulu Ave., 1/same
Suite 100
Montrose 91020
9 Abergel & Associates 1994
24009 W. Ventura Blvd., Calabasas
Suite 200 1/same
Calabasas 91302
10 Charles R. Wilson & 1976
Associates Inc. (9) Pasadena
234 E. Colorado Blvd., 1/same
Suite 220
Pasadena 91101
Rank Firm (Ranking in 2002) Top Local Executive
* name * name
* address * title
* phone
1 CB Richard Ellis Valuation & Donald R. Spradlin
Advisory Svcs. (2) senior managing director
355 S. Grand Ave., (213) 613-3644
Suite 1200
Los Angeles 90071
2 PCV/Murcor (1) Keith D. Murray
3191 Temple Ave., Suite 225 ceo, president
Pomona 91768 (909) 598-3108
3 Major Appraisals Inc. (5) Jeffrey S. Zumbo
5933 W. Century Blvd., president
Suite 216 (310) 417-8946
Los Angeles 90045
4 Curtis-Rosenthal LLC (4) David Rosenthal
5959 W. Century Blvd., managing director
Suite 1010 (310) 215-0482
Los Angeles 90045
5 Integra Realty Resource - Los John G. Ellis
Angeles (7) (6) managing director
20720 Ventura Blvd., (818) 593-7200
Suite 240
Woodland Hills 91364
6 Lea Associates Inc. (10) Robert M. Lea
1635 Pontius Ave. president
Los Angeles 90025 (310) 477-6595
7 Cushman & Wakefield
Valuation Stanley Dannis Jr.
Advisory Svcs. (3) managing director
601 S. Figueroa St., (213) 955-6490
47th Floor
Los Angeles 90017
8 Mason & Mason Real Estate Frances Wolfe Mason
Appraisers & Consultants (8) president
2609 Honolulu Ave., (818) 957-1881
Suite 100
Montrose 91020
9 Abergel & Associates Michael Abergel
24009 W. Ventura Blvd., president
Suite 200 (818) 225-6131
Calabasas 91302
10 Charles R. Wilson & Charles R. Wilson
Associates Inc. (9) president
234 E. Colorado Blvd., (626) 792-2107
Suite 220
Pasadena 91101
(1) There are four types of real estate appraisers licensed by the
state: Trainee, Residential, Certified Residential and Certified
General.
(2) Full-time licensed subcontractors.
(3) Number of full-time Certified General Estate Appraisers.
(4) Number of full-time Certified Residential Real Estate Appraisers.
(5) Number of full-time licensed appraisers that have the following
designations: MAI-Member of Appraisal Institute, ASA-American Society of
Appraisers, SRA-Senior Residential Appraiser, CRE-Counselor of Real
Estate, MRED-Master of Real Estate Development, CMI-Certified Member of
Institute of Property Taxation, RM-Residential Member
(6) Formerly Integra Ellis Group.
Note: The information on this list was provided by representatives of
the firm themselves. Licensed appraisers were confirmed with the Office
of Real Estate Appraisers. Firms are ranked by the number of full-time
licensed appraisers in Los Angeles County who are employees, number of
full-time subcontractors and total employees, respectively. Gribin
Kapadia & Associates, No. 6 last year, was not listed because it
classified its appraisers as subcontractors.
Researched by Nicole Taylor
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