DALLAS, Oct. 17, 2016 /PRNewswire/ — BBG, a leading independent national commercial real-estate valuation, advisory and assessment firm, today announced the appointment of the former chief appraiser of one of Ohio’s largest banks to a senior executive position with the firm.
Kenneth Konrath, MAI, was named as Senior Managing Director whose responsibilities will include new business development, quality control and appraisal review. Konrath is the latest in a series of recent high-profile executive appointments for the firm, one of the country’s largest CRE appraisal companies.
Prior to joining BBG, Konrath served as the Chief Appraiser and Senior Vice President at Ohio’s FirstMerit Bank. Konrath was responsible for management of the appraisal and environmental review divisions. Responsibilities included credit risk advisory, implementation of appraisal and environment policies, oversight of all commercial and residential valuations and product development.
During his stint at FirstMerit, Konrath managed a commercial and residential appraisal and environmental staff located throughout the Midwest. The commercial department was responsible for the appraisal and environmental management of more than 4,000 orders annually while the residential department was responsible for more than 20,000 appraisals annually.
Before FirstMerit, Konrath held senior-level appraisal executive positions with companies based out of both Chicago and Boston.
“We are extremely fortunate that someone of Ken’s caliber has joined our growing team at BBG,” said BBG President Chris Roach. “Ken’s rich background in the commercial real-estate appraisal field and his outstanding work with some of the country’s prestigious financial institutions will greatly contribute to our mission of providing the best possible service to our clients.”
“BBG has a proven track record in delivering the highest level of experience and expertise to its clients and assembling some of the best talent in this sector,” Konrath said. “I am thrilled and honored to become part of a dynamic company that has a clear vision for continued strong growth.”
BBG is a leading independent national commercial real-estate valuation, advisory and assessment firm headquartered in Dallas with more than 20 offices in key U.S. markets. BBG has achieved a reputation for personal attention, on-time delivery and deep expertise in multi-family, office, retail and industrial sectors. For more information about BBG, please visit www.bbgres.com.