DALLAS, Jan. 4, 2017 /PRNewswire/ — BBG, a leading national commercial real estate valuation, advisory and assessment firm, today announced it has named a new Chief Executive Officer and expanded its Board of Directors. Current President Chris Roach has been promoted to CEO. Former CEO Diane Butler has transitioned out of the business but will remain a member of the Board of Directors.
BBG also announced that Joel Leitner, Managing Director of the firm’s New York office and an appraisal industry veteran, has joined its Board of Directors.
Mr. Roach was a founding shareholder of BBG. Under his leadership, BBG has expanded its national footprint by adding offices in Orange County, Phoenix and San Diego; completed the acquisition of Commercial Valuation Consultants, a leading appraisal services firm in Denver; invested in additional resources to expand the firm’s Assessment Services capabilities; and launched a new Advisory Services practice.
“With some of the best talent in the industry and a unique, partnership-oriented culture, BBG is poised for strong continued growth,” said Mr. Roach. “I am grateful to our Board for the opportunity to lead BBG and look forward to working with them and our management team to build upon our recent success.”
Mr. Roach began his career as a commercial real estate appraiser. Prior to BBG, Mr. Roach was Vice President – National Client Manager for LandAmerican Valuation Corporation. He currently holds the MAI designation from the Appraisal Institute along with the ASA and CCIM. He is actively involved in The Real Estate Council (TREC) and was elected into the Associate Leadership Council, class of 2010-11. Mr. Roach is also an active member of the North Texas Chapter of Appraisal Institute where he currently serves as Vice President. Additionally, he is an active member of the International Council of Shopping Centers (ICSC), National Multi-Housing Council (NMHC) and Mortgage Bankers Association (MBA). Mr. Roach has also served as an expert witness in numerous states and has testified in multiple courts regarding real estate valuation matters.
Mr. Leitner is a veteran commercial real estate appraiser with over 27 years of experience. Previously, he was the founder and CEO of Leitner Group Inc., a leading Tri-state area commercial real estate appraisal firm that was acquired by BBG in 2014. Mr. Leitner’s experience includes analyzing various real estate markets within the Tri-state area, and he has testified as an expert witness in multiple local and federal courts regarding real estate valuation matters. Mr. Leitner was recently appointed to the panel of neutral arbitrators by the American Arbitration Association.
BBG is a leading independent national commercial real estate valuation, advisory and assessment firm headquartered in Dallas with more than 20 offices in key US 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.