Los Angeles, Calif. (May 2, 2017) – Kidder Mathews, the largest independently owned commercial real estate firm on the West Coast, continues to expand its operations by adding a team of 9 senior valuation professionals who provide services both regionally and nationally. The team members are located in the firm’s established offices in San Francisco, Los Angeles, Orange County, San Diego, Sacramento, and Phoenix, growing the firm’s Valuation Advisory professionals to 40, including 23 who have obtained the prestigious MAI designation, as well as 3 CRE’s.
Over half of the valuation professionals at Kidder Mathews hold the MAI designation from the Appraisal Institute, which makes Kidder Mathews unique. No other firm on the West Coast has a higher concentration of expertise. As tenured professionals, the group is able to provide greater attention and commit more resources to the valuation advisory process, providing clients with an alternative to national platforms that can sometimes be seen as a high-volume environment with less experienced service providers. Kidder Mathews MAI professionals have an average of 25 years of experience company-wide.
Bob Dietrich, MAI CRE MRICS, Derrick Sinclair, MAI CCIM, Matthew VanEck, MAI, Brett Reynolds, MAI, and Todd Cave formerly with Colliers International, and Kevin Thene, MAI, previously with Cushman & Wakefield, have joined and will continue their sophisticated work on large and complex advisory projects all over the U.S. Associate appraisers, Robert Dunatov, Christine Turner, and Wendy Capullo have also joined the team from Colliers.
Bob Dietrich is a 40-year expert in commercial real estate valuation and advisory. He has been named a vice president, and he will work out of Kidder Mathews’ Los Angeles office. Dietrich holds the Appraisal Institute’s MAI designation, as well as CRE, CCIM, and MRICS designations. He is past president of the Southern California Chapter of the Appraisal Institute, the Southern California CCIM Chapter, and he has served on the board of directors for the Appraisal Institute. Dietrich’s areas of specialization include planned developments, subdivisions, leasehold/leased fee analyses, and project modeling. He has been designated as an expert in real estate valuation issues in court and has testified on more than 70 occasions. “The entire group of us have been collaborating on some of the most complex projects in the U.S. We have deep respect and appreciation for each other and the synergy we create by teaming together to perform at the highest level. We have been intrigued with Kidder Mathews as they’ve recently expanded into our markets, and after researching their platform and very high level of expertise, we felt it was a great move for us and our clients to be aligned with an even larger group of like-minded professionals at Kidder,” said Dietrich.
Derrick Sinclair, MAI and CCIM, has been named a vice president at Kidder Mathews, and he will work in the firm’s Phoenix office. He has been a commercial real estate appraiser for over 30 years and is recognized as an expert in valuing all types of commercial real estate also throughout the Western United States. He has been designated as an expert in real estate valuation issues in courts and has testified on several occasions. Sinclair has served twice as president of the Southern Arizona Chapter of the Appraisal Institute and has served several years on the board of directors. He holds the MAI and CCIM designations.
Todd Cave will work out of Kidder Mathews’ Sacramento office. Cave has teamed with Bob Dietrich for over 35 years. He is a natural resource valuation appraiser, specializing in property types including agriculture, water rights, mitigation banks, and mining properties. In addition, he has also performed valuations involving a wide variety of development and investment properties.
Matthew VanEck, MAI has been named a vice president at Kidder Mathews. He will work out of the firm’s Irvine office. VanEck has over 12 years of experience in commercial real estate valuation and has appraised all types of retail, office, and industrial properties with assignments in 30 states and the District of Columbia. He holds the MAI designation and is an active member of the Southern California Chapter of the Appraisal Institute. He currently sits as the second advisor for the Southern Branch. His past leadership positions include nominating committee, co-chair of the candidate guidance committee, and alternate regional representative.
Brett Reynolds, MAI has been named a vice president and will work out of Kidder Mathews’ San Francisco office. Reynold has over 13 years of experience in both real estate valuation and acquisition/asset management. His valuation assignments include financial reporting, feasibility and market studies, property tax appeals and litigation work, and his valuation expertise has been relied upon as an expert witness for federal tax court. Reynolds also holds the MAI, as well as the CCIM designations.
To complement the team, the firm recently announced that after 12 years with Cushman Wakefield, Kevin Thene, MAI has also joined Kidder Mathews in their San Diego office, where he has been named vice president. Thene agrees with Mr. Dietrich’s assessment that this is a great move for him to align with an even larger group of like-minded professionals at Kidder. He has been in the commercial real estate valuation industry for over 35 years. He has performed valuations involving a wide variety of property types, representing clients throughout the Western United States. Thene holds the MAI designation from the Appraisal Institute, and he is qualified as an expert witness in bankruptcy and civil matters in the State of California and in federal court.
“As our company has expanded, it has been our intent to further enhance our services by establishing a valuation advisory presence on the entire West Coast,” said Peter Shorett, executive vice president, Valuation Advisory Services of Kidder Mathews. “With the addition of this group of high-caliber, seasoned professionals, we will now have valuation advisors in 10 of our 20 offices providing services to our clients on the West Coast and Arizona. Our group consists of 40 valuation professionals with 23 holding the MAI designation. “We now have full West Coast coverage and the capability to service clients nationwide that have unique property valuation challenges,” he said.
About Kidder Mathews
Over the past two years, Kidder Mathews has grown to almost 700 professionals and staff, making it the largest independently owned and fastest growing commercial real estate firm in the West. The firm’s brand format is a full-service offering a complete range of brokerage, appraisal, property management, consulting, sustainability, and project and construction management services for all property types including brokerage, property management, and valuation advisory services for all commercial property types. The firm performs $5.6 billion in transactions, manages 45 million square feet of space, and conducts 1,300 appraisals annually. For more information, visit kiddermathews.com.