Founding Partner, Leitner Berman

PROFILE AND BACKGROUND

Joel has over 33 years of experience in real estate valuation, investment, analysis, and consultation. Joel’s experience includes a diversified background in the valuation of real estate on a national basis for a wide range of applications including market value appraisals, property portfolio consulting and management, investment advisory service, valuations and consulting studies for securitization-equity based and mortgage-backed transactions, purchase price allocations, liquidation sale valuations, condemnation, tax reduction, estates, and expert witness testimony for litigation. These assignments have been conducted on behalf of foreign and domestic investment firms including major industrial corporations, leading foreign and domestic financial institutions, individual investors, leading law firms, and government agencies.

Joel’s areas of specialization include preparation of market value appraisals for all types of real estate with a full range of valuation objectives; investment analysis via computer based lease-to-lease models and discounted cash flow projections before and after taxes; Ad valorem property appraisals; litigation support; consultation in the negotiations of equity investment acquisitions; market and economic feasibility studies for existing property or proposed development projects; and purchase price allocations. Appraisal assignments include industrial facilities, shopping centers and malls, office and medical centers, hotel and motel facilities, and apartment complexes.

Joel’s real estate valuation and consulting experience has encompassed an extremely diverse range of real estate. This experience includes researching and analyzing various real estate markets within the Tristate area long with testifying as an expert witness in several local and federal courts. He has served on the panel of neutral arbitrators by the American Arbitration Association. 

PROFESSIONAL AFFILIATIONS

• MAI designation
• New York University, Adjunct Professor, Masters of Real Estate
• Executive Committee of the Board of Directors of the New York Chapter
• 2003 Person of the Year – Appraisal Institute
• 2008 President of the Metropolitan New York Chapter
• Member, Real Estate Board of New York – Real Estate Appraisal Committee
• Member, Mortgage Bankers Association of New York

General Certified Appraiser:

• State of New York (License # 46-3011)
• State of New Jersey (License # RG01545)
• State of Connecticut (License # RCG0001050)
• State of Pennsylvania (License # GA003488)
• State of Maryland (License # 28730)

EDUCATION

Master Degree in Real Estate Investment, Finance and Valuation, New York University

COMMUNITY

• Board of Directors – Brooklyn Navy Yard
• Board of Trustees – Brooklyn Hospital
• Board of Trustees – Brooklyn Historical Society
• Real Estate Co-Chair – Carnegie Hall
• Strong Support – Brooklyn Botanic Gardens
• Strong Support – Heights and Hill