NEW YORK, April 18, 2018 – Veteran property appraiser Eric Lewis, MAI, FRICS, will take the helm as President of the Valuation & Advisory (V&A) platform for the Americas, global commercial real estate services firm Cushman & Wakefield announced today. Lewis, who most recently served as Executive Managing Director and Practice Group Leader of the firm’s V&A Hospitality & Gaming practice, has worked for Cushman & Wakefield for 26 years.
As President, Lewis will oversee the operations of the Americas V&A group, which spans 600 professionals across six core services, 17 practice groups, and 70 offices. He will be responsible for driving the primary business objectives and activities of V&A in the Americas, including the platform’s aggressive growth and technology initiatives. Last year, the Cushman & Wakefield V&A team appraised 31,740 properties in the United States valued at $1.16 trillion (USD) and 3,710 properties valued at $146 billion (CAN) in Canada.
Before his promotion and since 2005, Lewis oversaw the V&A platform’s Hospitality & Gaming (H&G) group as Practice Lead. In that role, he managed 25 senior valuation professionals dedicated to the hospitality industry. In 2017, the group appraised properties valued at more than $76 billion involving virtually every H&G property type.
“Eric has been a key member of our Valuation & Advisory practice – a core, foundational component of the critical services we provide to our clients – for nearly three decades,” said Shawn Mobley, Chief Executive Officer at Cushman & Wakefield. “He brings an incredible wealth of experience to his new role, and we are confident his leadership will further elevate our position as the definitive industry leader in appraisal services.”
Lewis entered the real estate appraisal business in 1987 and joined Cushman & Wakefield in 1992. He holds a Master’s in Real Estate Valuation from New York University and is based in New York City.
“Being asked to lead what is unequivocally the best team of professionals in the valuation industry is truly an honor,” Lewis said. “I’m humbled by it – and I plan to give this role everything I’ve got. With the leadership team and talent we have in place, I’m confident the Cushman & Wakefield V&A platform will continue to stand out as the undisputable top choice for real estate valuation and appraisal services across the Americas.”
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm with 45,000 employees in more than 70 countries helping occupiers and investors optimize the value of their real estate. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.