Newmark Knight Frank Expands Detroit Valuation Team
- Apr 17, 2019
Newmark Knight Frank has added two new members to its Valuation & Advisory team in Detroit. Tony Roberts, who has worked for CBRE for more than a decade, will join the team as senior managing director, while Chris Maharg will serve as senior vice president & team leader in the Detroit office.
Roberts brings to his new position a vast experience in valuation, focused primarily on office, industrial, retail and multifamily properties. His experience also includes report preparation for financing, estate planning, collateral monitoring, acquisition, disposition and tax assessment appeal. Within the company, he will be responsible for business development, recruitment of top talent and oversight of NKF’s Michigan appraisal team.
Maharg will focus on valuations involving restaurants, automobile dealerships, medical office and LIHTC properties. He has more than 10 years of experience in a multitude of property types, from income-producing retail to office and multifamily. During his practice, he focused on single-tenant net lease retail and office assets to multi-tenant regional shopping centers and high-density CBD developments. He held previous roles with BBG and CBRE in Michigan and Ohio.
One of Newmark Knight Frank’s latest deal in the Detroit area is the $5 million sale of Lahser Center in Southfield. The brokerage firm represented the buyer, Foster Financial.