Appraisers
Joseph J. Blake and Associates
Joseph J. Blake and Associates is an independent commercial real estate valuation and consulting firm established in New York in 1946. It produces appraisals, market and feasibility studies, litigation support and related consulting for banks, insurance companies, pension funds and pension fund advisors, developers, sovereign wealth funds and government agencies.
Assignments are run out of regional offices, each managed by a senior managing partner holding the Appraisal Institute's MAI designation, using a team approach the firm says lets it deliver uniform appraisals on complicated assets anywhere in the country. Work ranges from single assets to large portfolios and multi-use projects across healthcare, hospitality, industrial and cold storage, land, multifamily, office, residential, retail and special-purpose property. The service list includes partial-interest and going-concern valuations, investment value appraisals, valuation for financial reporting, insurable value appraisals, highest and best use and financial feasibility studies, occupancy and sale lease-back analysis, bankruptcy and foreclosure support, capital markets and securitisation assistance, due diligence, and expert witness work.
Coverage spans the entire United States, its territories and the Caribbean through staffed offices, with corporate headquarters in Atlanta and further offices in New York, Chicago, Boston, Washington, Miami, Dallas, Los Angeles, Walnut Creek, San Antonio, Scottsdale, Olympia and Melville. The firm also works in Japan through Blake & Sanyu, a strategic alliance with Sanyu Appraisal Corporation. It is owned by its longstanding partners, all practising appraisers holding the MAI designation, and argues that independence keeps it clear of the conflicts attached to valuation arms of brokerages and accounting firms.
Fees are quoted per assignment and are not published. Ask which regional office would take the work, who would sign the report, and that the assigned appraiser holds a state certified general certificate in the property's state; the firm's own team pages show state certifications held office by office.
Best for
Lenders, institutional owners and fiduciaries needing an MAI-signed appraisal on a complex or multi-market asset from a firm with no brokerage arm. Owners wanting a quick, low-cost value opinion on a single small property are not the target.
What they do
- Single-asset commercial appraisals
- Portfolio and mixed-use valuations
- Partial interest valuations
- Going concern valuations
- Valuation for financial reporting (VFR)
- Insurable value appraisals
- Market and feasibility studies
- Highest and best use studies
- Litigation support and expert witness services
- Bankruptcy and foreclosure support
- Capital markets and securitisation assistance
- Due diligence analysis
Details
| Attribute | Value |
|---|---|
| Founded | 1946 |
| Ownership | Private |
| Offices | Atlanta, GA, New York, NY, Chicago, IL, Boston, MA, Washington, DC, Miami, FL, Dallas, TX, Los Angeles, CA, Walnut Creek, CA, San Antonio, TX, Scottsdale, AZ, Melville, NY |
| Memberships | Appraisal Institute (partners hold the MAI designation), Royal Institution of Chartered Surveyors (MRICS held by senior staff) |
What stands out
- Established in New York in 1946 and describes itself as one of the oldest independent national valuation and consulting firms in the United States.
- Owned by its longstanding partners, all practising appraisers holding the Appraisal Institute's MAI designation.
- Keeps staffed offices covering the entire USA, its territories and the Caribbean.
- Works in Japan through Blake & Sanyu, an alliance with Sanyu Appraisal Corporation.
- Each region is managed by a senior managing partner holding the MAI designation.