Blake & Sanyu is a strategic alliance between Joseph J. Blake and Associates, Inc. and Sanyu Appraisal Corporation of Japan. The Blake & Sanyu alliance was formed in 1998 to provide third-party appraisals and due diligence to the issuers and purchasers of real estate debt and equity in the United States and Japan.
The Sanyu Story
Founded in 1980, Sanyu Appraisal Corporation is the largest producer of appraisal reports within Japan, and in the profession’s top ranking in revenue and number of licensed appraisers, respectively. Headed by president Masaharu Yoshimura, Sanyu Appraisal Corporation has over two hundred and fifty affiliated appraisers throughout Japan and offices in Tokyo, Osaka, Nagoya and Sendai.
As recognized leaders of the real estate valuation profession and consulting fields in their respective countries, the alliance provides third party appraisals and due diligence to a variety of globally based clients. Joseph J. Blake and Associates, Inc. informed knowledge of the requirements of international investment banks, rating agencies, and opportunity funds with the extensive, on the ground market knowledge and database of Sanyu Appraisal Corporation.
The Blake & Sanyu Alliance offers a wide array of consulting services including real estate valuation, cash flow analysis, property inspections, market studies, data research and due diligence. As one of the largest valuation firms in Japan, Sanyu has offices in Tokyo, Nagoya, Osaka and Sendai. The Japanese Government recently passed legislation to allow the formation of JREIT’s (Japanese real estate investment trusts). The legislation requires market value appraisals by independent third-party appraisal firms for any property purchased or disposed of by a JREIT. Joseph J. Blake and Associates, Inc.’s experience in servicing U.S. lendors, investment banks, and institutional investors coupled with Sanyu Appraisal Corporation’s local market presence make the alliance uniquely well suited to perform these services. For further information, please contact Michael J. Maglocci, MAI, Managing Partner of our Chicago office. To contact our Tokyo Office directly, please contact Mr. Ryosuke Fukusako, Managing Director of Sanyu Appraisal Corporation. Additional contact information can be found on the Office Locations page.