BBG Acquires Florida Real Estate Appraisal Firm

Cision PR Newswire | February 03, 2020

BBG Acquires Florida Real Estate Appraisal Firm
BBG, a leading national commercial real estate due diligence firm, today announced that it acquired Herr Valuation Advisors, Inc., a Tampa-based real estate appraisal firm. Terms of the transaction were not disclosed. The deal marks BBG's second acquisition within the past five months. In October 2019, BBG acquired New Jersey-based Izenberg Appraisal Associates, Inc. BBG has a total of 36 offices nationwide. HVA, a leading Florida appraisal firm, is widely known for its extensive expertise in appraisals of various commercial property types in west-central Florida and elsewhere across the state. The HVA acquisition will complement and strengthen BBG's services to clients in this key strategic market, which has shown strong growth due to a robust economy and an expanding population. Tampa's thriving commercial real estate market is forecasted to have more than $13 billion in non-residential and multi-family projects in the pipeline over the next decade.

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Spotlight

With the advent of the Internet, end-users are increasingly requesting access to information via their browser interface. In addition to the traditional uses of the Internet, users have become accustomed to accessing on-line account information, allowing them to determine and monitor the status of their checking account, credit card and many other personal information-related activities. This capability requires access to real-time customer data and also requires a Graphical User Interface (GUI) tailored for presenting personal information in a simple, easy to read format.

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businesswire | January 13, 2021

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