Newmark Knight Frank (NKF) is pleased to announce that Valuation & Advisory (V&A) First Vice President Peter Manotti of the Philadelphia office, has obtained the prestigious MAI designation awarded by the Appraisal Institute.
MAI designated appraisers are sought after in the commercial real estate community for their commitment to education, superior ethical standards and proven industry prowess. Attaining the MAI designation involves meeting stringent education requirements, demonstrating high performance standards and successfully passing the comprehensive examination.
"Pete truly embodies the traits that make him highly deserving of this designation," commented Joseph Pasquarella, MAI, CRE, FRICS,V&A senior managing director and market leader for eastern Pennsylvania and Delaware. "Akin to his focus and acumen when playing college football, Pete brings the same work ethic to his appraisal business – always improving, always trying something new and never being content with status quo!"
A 10-year valuation and advisory veteran, Mr. Manotti has vast experience valuing a wide variety of assets across numerous property types, from office buildings to industrial distribution centers to self-storage, multihousing and retail. In addition to taking part in the firm’s Healthcare & Seniors Housing Specialty Practice, he manages two appraisers and, throughout his career, has mentored several others. His geographic focus comprises eastern Pennsylvania and southern New Jersey. Mr. Manotti joined NKF in 2017 and was previously with Integra Realty Resources - Philadelphia for six years. He graduated from Albright College in 2006.
"Peter is a shining star in our industry and demonstrates the utmost professionalism and passion for his work," added Michael Silverman, MAI, CRE, MRICS,senior vice president in V&A’s Philadelphia office. “We are proud and fortunate to have him among our talented ranks.”
About Newmark Knight Frank
Newmark Knight Frank, operated by Newmark Group, Inc. (NASDAQ: NMRK), is one of the world's leading and most trusted commercial real estate advisory firms, offering a complete suite of services and products for both owners and occupiers. Together with London-based partner Knight Frank and independently-owned offices, NKF's 16,000 professionals operate from approximately 430 offices on six continents. NKF’s investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting, government-sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. For further information, visit www.ngkf.com. Newmark Group is a publicly traded subsidiary of BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company servicing the financial and real estate markets.