John NOLAN

Objective

My goal is to continue my professional growth in the fields of commercial real estate, team building/mentoring, and green/sustainable development.

Managing Director: November 2019 – June 2022

Started Bowery’s first valuation practice outside the main NYC corporate office. Fostered growth of the DC/Maryland/Virginia office from one associate to 12 associates and reviewers in 18 months. Generated growth in revenue from $600K in the first year, $1.8MM in the second year, and a projected $3MM in the third year. Directed valuation and consulting engagements related to wide variety of property types throughout DC, Virginia, and Maryland for a wide swath of clients from bond funds to private lenders. Mentored the team in the valuation and analysis of a wide variety of property types, including retail, office, industrial, multi-family, development land, regional malls, hotels, self-storage, educational facilities, and religious facilities. Refined leadership and interpersonal skills necessary to manage multiple projects and motivate/inspire team members. Thrived on a fast-paced, high-performance business environment. Counseled the product development team to improve Bowery’s internal valuation software, while driving adoption of a commercial valuation and data retention platform pertinent to all applicable property types.

President/CEO: December 2012 – February 2014 and August 2016 – November 2019

Provided commercial real estate valuation solutions for my clients on a wide variety of property types throughout DC, Virginia, and Maryland. Incorporated the thorough research practices and principles prevalent with many national firms, while emphasizing consistent client communication, meeting quick-turn deadlines, and providing clear and concise reports.
Property types appraised included: multifamily (apartments and condominiums), retail, mixed-use, and office

Senior Analyst: February 2014 – August 2016

Managed a team of appraisers and trainees to complete commercial real estate valuations across a wide range of property types, including: multifamily, retail (regional and local shopping centers, grocery stores, etc.), industrial (manufacturing and warehouse), office, healthcare, hospitality, and development land
Performed assignments on behalf of institutional investors and lenders, commercial banks, REIT’s, law firms, governmental entities, individual investors, and other clients. Analyses are used for loan underwriting, property sale or lease decisions, and portfolio valuation.

Managed large portfolio assignments by optimally deploying resources, supervising/mentoring personnel, maintaining consistent client communication, and delivering a high-quality work product in a timely manner
A notable project in 2015 was a Fair Annual Rent Appraisal for a portfolio of GSA buildings, including the million-square foot Herbert C. Hoover Building (HHS Main Office), and the 320,000-square foot ATF headquarters.

Senior Analyst: April 2010 – December 2012

Completed commercial real estate valuations across a wide range of property types, including: multifamily, retail (regional and local shopping centers, grocery stores, etc.), industrial (manufacturing and warehouse), office, healthcare, hospitality, and development land

Analyst: September 2003 – April 2010

Completed valuations of commercial real estate properties in 41 states and 2 Canadian provinces, across a wide range of property types including: multifamily, regional and neighborhood retail facilities, industrial warehouse/distribution facilities, development land, and hotels
Performed consulting assignments including lease abstracting, financial modeling, and feasibility studies

Property Tax Analyst / Associate Appraiser: September 1998 – September 2003

Performed valuation work on business personal property (machinery & equipment, cranes, office furniture, etc.) for variety of clients, as part of the property tax appeal process
Negotiated with property assessors throughout the appeal process to achieve reduction in values
Completed valuation and consulting assignments for commercial real estate properties throughout the U.S., including quarterly updates of a Chicago-area investment-grade portfolio of industrial and office properties

Designated Member of the Appraisal Institute (MAI)—April 2016
U.S. Green Building Council LEED AP Accreditation –July 2009
Certified General Real Estate Appraiser in: Virginia (License No. 4001-016018), District of Columbia (License No. GA11883), and Maryland (License No. 31358)
Bachelor of Science degree in Finance at the University of Toledo, April 1997

Proficient in CRM, project management, and communications tools, such as Salesforce, Slack, MS Teams, Zoom, etc.
Proficient in ARGUS financial modeling software
Proficient in all Microsoft Office applications including Word, Excel, Outlook, and PowerPoint