Ilya Barskiy MAI, joined Newmark Valuation & Advisory in 2019 as a Senior Vice President in the Detroit office. Actively engaged in real estate valuation and consulting since 2004, Barskiy has extensive experience across many asset classes, with a focus on office properties. He has successfully completed valuations on various proposed, partially completed, renovated and existing structures, including a wide array of general and medical office projects, for-sale and rental multifamily developments, parking facilities, retail centers, single- and multitenanted industrial buildings, complex mixed-use development projects and vacant land. He also has extensive experience in valuations for alternative cultivation, processing, and provisioning properties. Barskiy’s valuations have been used in prospective financing, estate planning, collateral monitoring and litigation support.
Notable Appraisal Assignments
- CBD office complex, 2.4 million SF
- Suburban office complex, 2.2 million SF
- Suburban office complex, 1.0 million SF
- CBD office tower, 1.0 million SF
- CBD office tower, 1.0 million SF
- Proposed mixed-use development (office, multifamily, retail, and parking components)
- CBD parking system encompassing six parking structures and 25 surface lots
- Suburban mixed-use project encompassing a 300,000 SF office tower, retail outlots and inline retail, an approximately 300-unit apartment tower and parking deck
- Proposed CBD world headquarters, 200,000 SF
Licenses and Designations
- MAI designation, Appraisal Institute
- Certified general real estate appraiser, state of Michigan
Education
Barskiy earned a degree of Bachelor of Business Administration degree with a major in finance from Eastern Michigan University. He also completed extensive coursework from the Appraisal Institute.