Paul Tibbit, MAI, JD currently serves as Senior Vice President and North Texas Multifamily Team Lead at Newmark Valuation & Advisory’s Dallas, Texas office. He is a highly accomplished valuation professional with nearly two decades of experience in the North Texas region and is recognized as a leading expert in his field.
Based in Dallas, Texas, Tibbit is responsible for spearheading the development of multifamily appraisal business in the region. His extensive background in the valuation of apartment properties, including market-rate, affordable, mixed-use, and build-for-rent housing, has equipped him with a deep understanding of the complexities of this asset class.
Prior to joining Newmark, Tibbit held key positions at CBRE, where he served as a team lead for both the regional Seniors Housing practice group from 2014 to 2019, and the regional Multifamily practice group from 2019 to 2023. During his tenure, he played a pivotal role in driving the success of these teams and establishing CBRE as a leader in the industry.
Throughout his career, Tibbit has appraised numerous properties for a wide range of clients, including financial institutions, public/private funds, developers, and investors. His expertise extends to complex loan valuations, consulting assignments for the Texas Department of Housing and Community Development, and valuation assignments across various property types in over 20 states. He has also provided expert witness testimony in U.S. Bankruptcy Court and actively participated in arbitration proceedings between lenders.
Before venturing into commercial real estate, Tibbit practiced law as a licensed attorney in the State of Texas, specializing in civil matters and estate planning. Additionally, he shared his legal knowledge by teaching LSAT preparation courses for aspiring law students.
With his exceptional skills, extensive experience, and unwavering dedication to his profession, Paul Tibbit continues to make significant contributions to the field of valuation and advisory services in the North Texas region.
Licenses and Designations
- MAI designation, Appraisal Institute
- Certified general real estate appraiser, state of Texas
- Licensed attorney, State Bar of Texas
Education
Tibbit earned a Juris Doctorate from Southern Methodist University, Dedman School of Law in 2005. He received a Bachelor of Science degree in Genetics, with a minor in Biochemistry from Texas A&M University in 2001.