Congratulations to CEO and Founding Principal, Larry Stark, on being named one of the Denver Business Journal’s 2024 Most Admired CEOs. Your vision, leadership and commitment to your employees, clients and the community have guided NVC to its success as a highly respected commercial real estate and consulting firm.
Chuck Dannis, Senior Managing Director of NVC’s Dallas office, sits down with prominent tax consultant Paul Pennington of P.E. Pennington & Company in a “PEP Talk” podcast (already seen by over 30,000 viewers), where they have a head to head, deep dive discussion into Texas commercial real estate and the rapidly changing capital market.
We are proud to announce that Chuck Dannis, Senior Managing Director of NVC’s Dallas office, has been named to the 2023 Dallas 500 – celebrating the most influential leaders in North Texas. We are thrilled that Chuck has been awarded this well-deserved honor, and are grateful for his many contributions to our firm, the commercial real estate industry and the community.
NVC is thrilled to be recognized by ColoradoBiz magazine as the “Top Company” in the professional services category. The annual awards program recognizes Colorado’s outstanding businesses through a challenging and rigorously judged competition based on outstanding achievement, financial performance and community involvement.
We share this honor with each of our 120 talented employees nationwide who provide best-in-class service and commercial real estate expertise to our clients.
By Allison Shirreffs – Contributing Writer
Atlanta Business Chronicle – September 2, 2022
National Valuation Consultants Inc. is ranked No. 2 on Atlanta Business Chronicle’s 2022 Best Places to Work list in the Small Company (10-49 employees) category.
When the pandemic first started, Peter Lamas, senior managing director, National Valuation Consultants Inc. (NVC) watched as his contacts in commercial real estate tried to figure out the long-term effects on the industry. Given that NVC is the largest privately held commercial real estate appraisal firm in the U.S., providing a wide range of appraisal, valuation management, consultation and real estate advisory services, the implications were huge.
Though the commercial office sector remains sluggish, industrial and multifamily real estate took off in the second quarter of 2021. According to Colliers, the Q2 2022 vacancy rate was 3.4% for industrial real estate in metro Atlanta. Nationwide, J.P. Morgan’s 2022 midyear commercial real estate outlook pegged multifamily vacancies at 4.7% as of Q1 2022. Strong markets mean more work for NVC, and the company is currently operating at 125% capacity. Recent increases in the Federal Reserve interest rate cooled things a bit, but Lamas, who’s been in the industry for 30 years (10 of those in Atlanta with NVC), said he’s never seen the market this hot.
“People are just tired. That’s why we’re hiring more people—so we can try to spread the work around a little bit,” he said. Even with the extra workload, NVC’s work ethic hasn’t changed and its aim to deliver superior customer service remains intact. “We’re going to put in long hours sometimes, but there is a benefit to that,” said Lamas. “You’re doing something that’s productive and valuable to your clients and you’re enjoying the people you work with.”
To keep up with demand and not overburden its 13 Atlanta-based employees, NVC is recruiting students from local college and university real estate programs. In an effort to increase awareness around appraisal as a career choice, NVC employees who recently graduated from real estate programs such as the University of Georgia, Georgia State University and Auburn, are encouraged to return to their alma maters and speak with students currently enrolled in these programs.
Potential candidates interview with everyone in the office, even if it’s just a 15-minute conversation. “I want everyone to meet them and talk to them and get a feel for them because I don’t want to bring in someone who is going to rock the boat,” said Lamas. “Everybody really enjoys being around each other which I think is really critical.”
Employees appreciate the effort. “I recommend my job to all of my friends,” wrote an NVC employee in this year’s Best Places to Work survey. “The environment is always positive in the office and everyone I work with is always there to help me when needed.” NVC has made the list of Atlanta Business Chronicle’s Best Places to Work before.
Founded in 1991, NVC strives, according to its website, to deliver a product that “consistently and significantly exceeds the industry standard,” adding that, “each of our employees contributes directly to NVC’s success.” NVC’s leadership endeavors to create a culture where employees have a voice “and the ability to directly affect their work environment and compensation,” notes the company’s website, “providing the highest level of client service and fostering integrity with employees, clients and vendors.”
To ensure that new hires get up to speed as efficiently and consistently as possible, in June, the firm launched “NVC Academy,” a formalized curriculum for new hires. A weeklong program taught at the company’s headquarters in Denver, Colorado, new hires receive standardized training and get to meet and network with each other.
NVC has approximately 150 employees nationwide with offices in Atlanta (opened in 2003), Boston, Chicago, Cincinnati, Dallas, Houston, the New York/New Jersey metro area, San Francisco and South Florida. NVC plans to open an office in Los Angeles later this year.
By Jonathan Rose – Associate Editor
Denver Business Journal – November 16, 2020
2020 marks Denver Business Journal’s third consecutive year of recognizing outstanding top executives at businesses within the region – and it’s happening at a time when strong, visionary leadership is more important than ever before.
The 2020 Most Admired CEO program honors top-ranking execs who are guiding their companies through the unprecedented challenges posed by the Covid-19 pandemic, and whose past success is evident in the enduring strength of the companies they lead.
Click here to read the full profile on Matt which includes a short video discussing his favorite fictional superhero.
NVC is proud to announce that our Atlanta office, managed by Peter Lamas, MAI has been recognized as Metro Atlanta’s second largest Commercial Real Estate Appraisal Firm by the Atlanta Business Chronicle. Firms were ranked based on total dollar volume appraised by each firm’s local Atlanta-based office.
“This accomplishment is a testament to the outstanding leadership and work ethic of our Atlanta office, and the ongoing commitment by our entire valuation team to delivering expertise, integrity and transparency along with top-notch client service on every assignment. Congratulations to our Atlanta team!”
– Larry Stark, MAI, CRE – Founder/CEO
