Eric Hoening, MAI is a Senior Managing Director in Florida for BBG covering key MSAs including Tampa Bay, Orlando, Southwest Florida, Jacksonville, North Florida and the panhandle, and the Florida Keys. He has over 25 years of experience in the real estate industry specializing in valuation, financial analysis, consultation, complex sensitivity modeling, discounted cash flow analysis, real estate and tangible tax appeals, market and feasibility studies, highest and best use analyses, and appraisal review.
Preceding BBG, Eric was the Director of Valuation and Advisory Services for JBM Institutional Multifamily Advisors where his primary responsibilities included sourcing asset dispositions, financial analysis, underwriting for existing apartment investments, new construction, land development opportunities and fractured condominiums. These skills were integral in the developing of BOV (Broker Opinion of Value) proposals, offering memorandums and dynamic marketing campaigns. Other responsibilities included tracking development pipelines, construction, operational trends and disposition activity. Another key role is as a transaction manager coordinating between buyer and seller throughout the engagement, marketing, due diligence, closing and post-closing periods. During this 2.5-year tenure, Eric was directly involved in transaction activity that totaled approximately 16,000 multifamily units and a volume of $1.65 billion.
Other previous experience includes senior appraiser positions at Tropical Realty Appraisal Services, Gillis & Associates and R/E Marketing Consultants. Each of these Florida based firms focused on valuation and consultation of every segment of real estate including multifamily, retail, hospitality, office, industrial, special purpose properties, and all types of vacant land. Engagements ranged traditional fee-based appraisals and consultations to complex eminent domain and litigation assignments.