Norm W. LeZotte MAI, currently serves as Newmark Valuation & Advisory’s Regional Managing Director for the South Region. He brings to his position 30 years of experience in the real estate appraisal industry, in both the private and government sectors.
LeZotte’s appraisal and consulting assignments have included vacant land, office buildings, shopping centers, industrial complexes, commercial properties, single-family residential properties, multifamily, seniors housing and other investment properties throughout the United States. He has also performed valuations of proposed, partially completed, renovated and existing structures, including over 15,000 health care-related properties.
Prior to Newmark, LeZotte was President and Chief Executive Officer of Salus Valuation Group, Inc., a national health care valuation firm based in Atlanta, for nearly eight years. He previously served for almost nine years as Managing Director of Cushman & Wakefield’s Senior Housing/Healthcare Industry Group.
Prior to Cushman & Wakefield, LeZotte was a manager for PricewaterhouseCoopers, LLC, where he prepared appraisals, market surveys and feasibility studies on all facets of seniors housing and health care properties for corporate and institutional clients alike. He performed similar duties at Gulf Atlantic Valuation Services, where he worked as a Regional Manager 1995 to 1999. LeZotte began his career as a property tax assessor in Manatee County, Florida, a position he held from 1993 to 1995.
LeZotte earned the MAI designation from the Appraisal Institute in addition to completing continuing education courses and seminars sponsored by the Appraisal Institute and other real estate factions on an annual basis to maintain state licensing requirements.
Professional Affiliations
- Qualified expert witness in bankruptcy litigation, state of Texas
Licenses and Designations
- MAI designation, Appraisal Institute
- Certified General Real Estate Appraiser, states of Florida, Alabama, Colorado, Georgia, Maryland, Massachusetts, Mississippi, South Carolina, Tennessee, Texas and New York
Education
LeZotte attended the University of Alabama, where he earned a Bachelor of Science degree in commerce and business administration with a concentration in real estate finance.