BBG Acquires Arizona Real Estate Appraisal Firm
The acquisition will complement and strengthen BBG’s presence in the larger area Phoenix– –Scottsdale Area, a key strategic market recognized as one of the top US regions for real estate growth and investment. BBG is one of the largest US real estate appraisal and appraisal firms with 37 offices across the country.
Several employees from the Nava Hurd Advisory Group will join the BBG Metropolitan Office Phoenix Area including respected and long-time industry leaders Albert Nava, MAI, SGA and Barott Hurd, both named as directors.
Mr. Nava, President and sole owner of the Brekan Nava Group, brings more than 40 years of experience in valuing and advising commercial real estate. He specializes in valuing a variety of property types including land, subdivisions, retail, industrial, office, golf and country clubs, and apartment buildings.
Prior to joining BBG, Mr. Nava’s former company provided valuation and advisory services to hundreds of golf courses nationwide. He also has extensive experience in valuing LIHTC real estate (Low Income Housing Tax Credit) Arizona and the southwest and in litigation support. Mr. Nava is a certified appraiser in Arizona, Nevada and California and is a member of the Appraisal Institute and the Society of Golf Appraisers.
Hurd and Associates offered valuations of all property types and market feasibility studies. With 35 years of experience, Mr. Hurd, a partner in the Nava Hurd Advisory Group, specializes in valuing hundreds of educational properties across the country. One of his greatest accomplishments was providing assessment work for a large university during its transition from a “for profit” to a “not for profit” institution.
He also has extensive experience valuing hotels, convenience stores, gas stations, car washes, marinas, subdivisions and logistics buildings. Past clients include financial and agency lenders, property owners, life insurance companies, and government agencies. Mr. Hurd is a certified appraiser in Arizona, Nevada and Texas.
BBG CEO Chris Roach Comment: “Our acquisition of Nava Hurd Advisory Group suits us. The company shares BBG’s customer-centric and unbiased approach to delivering highly valued services that produce the best possible results for our clients. We are very happy to have Albert. Barott and their team members are joining the BBG. We look forward to their contributions to our strategic goals in 2021 and beyond. “
BBG provides comprehensive due diligence services including valuation, advice, property appraisal, energy services, cost segregation, zoning and ALTA surveys. Headquarters in DallasThe company has 37 offices in major US markets and more than 2,700 customers. As one of the five largest national companies for the valuation of commercial real estate, BBG has made a name for itself for personal attention, on-time delivery and extensive know-how in the multi-family, office, retail and industrial sectors. More information about BBG can be found at www.bbgres.com.