Victor Thomas currently serves as an Executive Vice President for Newmark Valuation & Advisory. With over two decades of specializing in multifamily valuations in Texas and Oklahoma, Thomas brings a deep knowledge of the local markets with over 4,000 valuations and more than 3,000 personal property tours. With local experience of the entire range of multifamily product, his expertise has been utilized by lenders and investors on numerous high-profile transactions including several individual multifamily assets valued above $100 million. With extensive agency, national bank, bridge, CMBS and Life Company experience; Thomas has been a trusted advisor to a large range of market participants and is known by many in the industry as a Texas apartment expert. Clients have included commercial banks, developers, corporations, individual property owners, public agencies, insurance companies, and legal firms.
Thomas came to Newmark after serving as a President for 14 years at Multifamily Appraisal Specialists (MAS), where he built a group that competed directly with national firms and was known for a high-quality appraisal product with exceptional customer service. Prior to his time at MAS, Thomas was Managing Partner at Deverick & Associates in Dallas, Texas for 13 years where he completed over 1,200 Texas multifamily appraisals; in addition to reviewing over 1,000 office, retail, industrial, and mixed-use commercial appraisals.
Licenses and Designations
- Certified general real estate appraiser in the state of Texas
Education
Thomas earned a Bachelor of Science degree in Mechanical Engineering Technology from Oklahoma State University. Additionally, he completed over 36 hours of graduate work in Environmental Engineering Science & Public Health at the University of Oklahoma.