Chris is a director with Baker Tilly’s real estate advisory practice. He is a seasoned real estate professional with more than 17 years of experience performing valuation and advisory services for real estate and hospitality groups, insurance companies, REITs, developers, corporations and government agencies. His valuation experience includes office, retail, multifamily, industrial, residential subdivisions, senior housing and special-purpose properties.
Prior to joining Baker Tilly, Chris held a senior level management role at a Big Four accounting firm in which he provided advisory services including: assessing property and portfolio level business plans, analyzing value-add disposition and refinancing strategies; evaluating property operations, cash flow and debt instruments; analyzing property valuations, market information and economic trends; ARGUS and cash flow modeling, portfolio modeling, loan underwriting and cost benchmarking. Chris also performed valuations and reviews of domestic and international assets, including properties in China, Japan, Canada, Mexico, South America and across Europe for tax and financial reporting purposes.
- Completed the purchase price allocation of the real property assets related to a $275 million acquisition of a Portland, Oregon-based specialty grocer and its wholly owned subsidiary, which operates in California, for financial reporting purposes in accordance with IFRS [IFRS 3, Business Combinations; IFRS 16, Leases]
- Performed business due diligence services in addition to pre-deal and post-close PPA valuations related to Japan's largest homebuilder construction company’s acquisition of a regional real estate developer [ASC 805, Business Combinations; ASC 820, Fair Value Measurement]
- Completed the purchase price allocation of the real property assets related to South Korea’s largest retailer’s $275 million acquisition of a California-based holding company of upscale grocery store chains for financial reporting purposes in accordance with IFRS [IFRS 3, Business Combinations; IFRS 16, Leases]
- Provided real estate cost benchmarking of certain U.S. and international facilities leased by a carveout of four operating units from a confidential target, an educational technology company. The business carveout serves more than 1,300 education institutions primarily with higher education but also supports K-12 schools
- Performed the purchase price allocation of the real property assets related to the $9.4 billion merger of two of the largest U.S. grocers, for financial reporting purposes [ASC 805, Business Combinations; ASC 820, Fair Value Measurement]
- Performed the purchase price allocation related to a Tennessee-based mining company’s acquisition of a leading producer of coal in the U.S. The total purchase consideration was $688.5 million in which the land holdings represented approximately $27.5 million [ASC 805 Business Combinations; ASC 820, Fair Value Measurement]
- Completed the purchase price allocation of more than 100 manufactured housing communities primarily located in Colorado, Illinois, Nebraska and Texas for a total purchase consideration of $374 million, that was acquired by a global private equity investment firm via a joint venture agreement [ASC 805, Business Combinations; ASC 820, Fair Value Measurement]
- Performed a prospective fair market value of a Class A office building undergoing a complete renovation for income tax purposes in connection with the client's internal restructuring and planned transfer of the property to its shareholders. The client was a private equity portfolio company of a sovereign wealth fund based in the Middle East region [ASC 820, Fair Value Measurements; IRS Publication 561, Determining the Value of Donated Property]
- Completed the purchase price allocation of the real property assets related to an American multinational conglomerate's $30 billion acquisition of an oilfield-services company, for financial reporting purposes. The merger combined the two organizations to form a publicly traded entity [ASC 805, Business Combinations; ASC 820, Fair Value Measurement]
- Performed a valuation of certain tangible and intangible assets and liabilities related to a Tennessee-based mining company's emergence from bankruptcy, in which the financial statements are prepared on a fresh start accounting basis. Real property valuation included vacant land holdings and improved real property associated with their largest mining complexes [ASC 852, Reorganizations]
- Achieved a favorable settlement for a leading financial institution related to a $1.03 billion defaulted loan portfolio of 65 office, industrial and recreational facilities located in the Midwest (i.e., Illinois, Ohio and Kentucky) via litigation support and valuation services
- Appraisal Institute (AI)
- Royal Institution of Chartered Surveyors (RICS)
- Boys Team Charity
- Appraisal Institute, Designated Member (MAI)
- Royal Institution of Chartered Surveyors, Chartered Member (MRICS)
- Certified General (AG) Real Estate Appraiser, State of California
- Licensed Real Estate Broker, State of California
