Jose Ortiz, MAI, MRICS, joined Newmark Valuation & Advisory in 2017 as a Senior Vice President in the Boca Raton, Florida, office. He has more than 17 years of experience as a commercial real estate appraiser.
His expertise includes researching real estate markets, analyzing market data and communicating conclusions for proposed and existing projects. His appraisal assignments typically entail determining highest/best use and market value analysis. His consulting services have included property acquisition pricing, determining the ideal real estate product for a given market and determining proposed project feasibility.
Ortiz’s experience includes but is not limited to:
- Apartment projects
- Assisted living facilities
- Automobile dealerships
- Commercial buildings
- Condominium conversions
- Condominium projects
- Hotels and motels
- Industrial properties
- Mobile home parks
- Office buildings
- Places of worship
- Replacement cost new
- Retail (including restaurants)
- Self storage facilities
- Shopping centers
- Subdivisions
- Vacant commercial land
- Vacant industrial land
- Vacant residential land
- Warehouses
Prior to Newmark, Ortiz served as a Vice President in CBRE’s Palm Beach Gardens office for more than seven years. Previously, he worked for five years as an Appraiser with Callaway & Price, Inc., in West Palm Beach. He began his real estate career as a Researcher at Callaway & Price, Inc.
Professional Affiliations
- Designated member, Appraisal Institute MAI
- Member, Royal Institution of Chartered Surveyors (MRICS)
- Certified general real estate appraiser, states of Florida and Georgia
- Florida real estate sales associate license
Education
Ortiz earned a bachelor’s degree in finance and real estate from Florida Atlantic University.