WILLOWBROOK, Illinois. November 13th, 2024 - Standard Valuation Services (SVS), a private company specializing in commercial real estate appraisals and consultation, announced today a significant expansion of its Chicago and regional operations. SVS is bringing on seven new team members and onboarding new services from the former owners of the Valbridge Property Advisors | Chicago Metro franchise, effective immediately. This strategic move enhances SVS’s already robust service offerings and solidifies its presence in the Midwest.
“This exciting expansion strengthens our company and adds some of the industry's most respected commercial real estate appraisers to our team,” says Sam Louise, MAI, ASA, founder and CEO of Standard Valuation Services. “Since the beginning, we've offered best-in-class appraisals to the Chicago area, and our number one priority is always adding value for our clients. This expansion means bringing on board new specialty expertise, technology, and systems to revolutionize the client experience.”
Founded in 2013, Standard Valuation Services is an industry-leading commercial real estate valuation firm providing appraisals and consultation on all types of commercial and residential real estate to the Chicago and Midwest regional area. SVS has appraised in excess of $20 billion in commercial real estate assets, including high-profile projects like the Uptown Theater and Blarney Island.
The former owners of the VPA | Chicago Metro franchise provided comprehensive valuation and advisory services throughout the Midwest. The acquisition represents an expansion of SVS product offerings to include specialty services and litigation support as well as a valuable footprint in the Fulton River District. Additionally, SVS gains the expertise of Gary DeClark, MAI, CRE, FRICS, R/W-AC, who brings 40+ years of experience to the team, and Anthony Mulé, MAI, CCIM, ASA, whose expertise spans virtually all types of commercial real estate.
“In my career, there are very few types of properties or purposes for analysis I have not experienced,” says Gary DeClark, MAI, CRE, FRICS, R/W-AC, incoming President of Specialty Services and Litigation Support at Standard Valuation Services. “The experience and creative problem-solving we bring to assignments will only benefit our clients.”
"We are excited to join the Standard Valuation Services team,” added Anthony Mulé, MAI, CCIM, ASA, incoming EVP of Valuation Services at Standard Valuation Services. “Whether it's navigating the constantly evolving real estate markets, providing litigation support, strategic planning, or in-depth property analysis, we are committed to acting as trusted advisors, helping our clients resolve their most complex valuation needs with confidence."
DeClark and Mulé bring with them an impressive professional portfolio, from iconic properties like The Merchandise Mart and The Drake Hotel in Chicago to unique specialty projects, including a valuation of subterranean rights adjacent to Wrigley field.
Standard Valuation Services is based in Willowbrook, IL, and regularly serves clients in the Chicago and greater Midwest area.