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Knowledge and Insight

Since 1946 Joseph J. Blake and Associates has been answering complex real estate questions and providing insight in helping their clients make key real estate decisions. By providing unparalleled objective and unbiased advice to a broad spectrum of the world’s largest and prominent lenders, investors and fiduciaries, the firm is a well established pillar in the field of valuation and advisory.

Joseph J. Blake is one of the oldest
independent national commercial real estate valuation and consulting firms in the United States.

Established in 1946 in New York, the firm provides real estate appraisals, market and feasibility studies, litigation support as well as offers a variety of other related consulting services. Through its national office platform as well as its formal strategic alliance with Sanyu – Japan’s largest and most prominent appraisal firm – Joseph J. Blake’s clientele comprises the world’s most prominent banks, insurance companies, pension funds, pension fund advisors, developers, sovereign wealth funds, and governmental agencies.

As an independent firm, the company is not subject to the perceived and potential conflicts of interest typically associated with valuation divisions of commercial brokerage companies and accounting firms. In turn, the firm is able to maintain a strong focus on client confidentiality and independence. Continuing to flourish as an industry leader by maintaining the highest quality standards, integrity and objectivity, Joseph J. Blake’s fundamental strategy is to develop and preserve strong relationships with an impressive spectrum of clients. Joseph J. Blake is owned by its longstanding partners all of which are practicing appraisers holding the Appraisal Institute’s MAI designation.

 

Appraisal Services

Appraisals
Appraisal Reviews
Single Asset Valuations
Portfolio Valuations
Quarterly Valuations
Partial Interest Valuations
Going Concern Valuations
Investment Value Appraisals
Value in Use
Valuation for Financial Reporting (VFR)
Insurable Value Appraisals
Subdivision Analysis
Tax Appeal Appraisals
Debt Valuation

Advisory & Consulting

Bankruptcy / Foreclosure Support
Capital Markets Support
Cash Flow Modeling
Market Data Research
Due Diligence Analysis
Expert Witness Services
Financial Feasibility Studies
Highest and Best Use Studies
Litigation Support / Conflict Resolution
Market Studies
Market Rent Analyses
Occupancy Studies Sale Lease-Back Analysis
Securitization Assistance
Arbitration Advisory
 
  • Healthcare

    Ambulatory Surgical Centers, Assisted Living Facilities, Hospitals, Medical Offices

  • hospitality

    Hotels, Motels, Time Share Resorts

  • INDUSTRIAL

    Business Parks, Flex Space, Manufacturing, Warehouses, Cold Storage, R&D

  • LAND

    Agricultural, Commercial, Industrial, Residential, Ground Leases, Planned Unit Developments

  • MULTIFAMILY

    Apartments, Condominiums, Student Housing, Manufactured Housing Communities, Affordable Housing

  • OFFICE

    Suburban, CBD / Urban, Business Parks, Mixed-Use

  • RESIDENTIAL

    Luxury Single-Family Residences, Subdivisions

  • RETAIL

    Regional Malls, Neighborhood, Restaurants, Banks, Auto Dealerships

  • SPECIALTY

    Schools, Religious Facilities, Marinas, Sports and Entertainment, Bowling Alleys, Casinos, Golf Courses, Movie Theaters, Skating Rinks, Parking Facilities

Japanese Operations

 

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 Takuya Domen, Sanyu Appraisal Corporation has over two hundred and fifty affiliated appraisers throughout Japan and offices in Tokyo, Osaka, Nagoya and Tohoku.

Impact

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.

Services

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.