Mark Capasso joined Newmark Valuation & Advisory (V&A) in 2021 and currently serves as an Executive Vice President based in the firm’s Pasadena, California office. Capasso leads the Gaming discipline for the Hospitality, Gaming & Leisure (HGL) Specialty Practice and brings to his position nearly 30 years of experience providing appraisal and consulting services for hotels and casinos.
Since beginning his career in the hospitality industry in 1994, Capasso has provided valuation, appraisal and expert testimony services for the world’s largest financial institutions, as well as the most prestigious hospitality and gaming companies in the world. Overall, he has consulted with more than 250 hospitality and gaming clients globally.
Capasso is a respected member of the casino and hotel industries having been a guest lecturer on Hotel Feasibility Analysis at the University of Nevada, Las Vegas, and author of several articles for industry publications including a bi-monthly column in Casino Executive Magazine. Additionally, Capasso has served as an expert witness and consultant in condemnation matters regarding gaming properties in the states of California, Arizona, Puerto Rico, Nevada and New York. He has also been a Hotel Feasibility Analysis guest lecturer at the University of Nevada, and a panel member at the American Bar Association, Section of Real Property Probate and Trust.
Capasso joined Newmark from Cushman & Wakefield, where he most recently served as an Executive Director and the Americas Practice Leader of the Hospitality & Gaming Group within C&W’s Valuation & Advisory group. Headquartered in the firm’s Los Angeles office, Capasso provided appraisal and consulting services for hotels and casinos. Prior to joining Cushman & Wakefield’s Hospitality & Gaming Group in 2003, Capasso was a Vice President in the San Francisco office of HVS International, where he headed and helped establish the Gaming Services Division in 1994.
Licenses and Designations
- Certified general real estate appraiser, states of Arizona, California, Colorado, Hawaii, Nevada, Oregon and Texas
- Capasso has completed the continuing education programs for licensure for the Office of Real Estate Appraisers (OREA)
Education
Capasso earned a Bachelor of Science degree in Hotel Administration with an emphasis in finance and real estate as it pertains to the hotel and casino industries from University of Nevada’s William F. Harrah School of Hotel Administration. Additionally, Capasso studied European Economic Community Studies from Scuola Administratione di Aziendale in Turin, Italy.