Newmark Knight Frank adds industry vets to Detroit practice

Global commercial real estate advisory firm Newmark Knight Frank recently expanded its Valuation & Advisory practice with the addition of the Detroit team led by Michigan Market Leader and Senior Managing Director Tony Roberts. Chris Maharg joins Roberts as senior vice president.

Roberts is responsible for business development, recruitment of top talent throughout the region, the delivery of outstanding client service, and oversight of NKF’s Michigan appraisal team. While his valuation expertise is focused on office, industrial, retail, and multifamily properties, his experience extends across a wide spectrum of asset types.

He brings deep knowledge of valuation for property types as diverse as self storage, funeral homes, seniors living facilities, vacant land, complex mixed-use developments, and religious facilities. Roberts’ valuation experience includes report preparation for financing, estate planning, collateral monitoring, acquisition, disposition and tax assessment appeal. Previously, he worked at CBRE for more than a decade.

Maharg joins NKF with vast expertise in a multitude of property types and will serve as a team leader in the Detroit office. His focus is primarily on the valuation of income-producing retail, office, and multifamily properties throughout the state of Michigan; with experience ranging from single tenant net lease (STNL) retail and office assets to complex, multi-tenant regional shopping centers, and high-density CBD developments.

His practice will also focus on valuations involving restaurants, automobile dealerships, medical office, and HAP/LIHTC properties. Maharg brings to his position more than 10 years of industry experience, including roles at BBG and CBRE that covered all of Michigan and Northwest Ohio.