The Puerto Rico office will be managed by commercial real estate appraisal veterans Carlos Xavier Velez and Juan R. Rivera-Vega, who each have over 25 years of appraisal experience. Read our press release below announcing the news to learn all about our new Puerto Rico office.
FOR IMMEDIATE RELEASE
Integra Realty Resources - Caribbean Opens Puerto Rico Office
SAN JUAN, PR —March 1, 2017—Integra Realty Resources (IRR), North America’s largest independent commercial real estate valuation and consulting firm, announced today that it has opened their 51st new office, located at 508 Asuncion St., Puerto Nuevo Development, San Juan, PR 00920; to bring its services to San Juan and the island of Puerto Rico.
The Puerto Rico location is a branch office of IRR Caribbean, which has offices in the Cayman Islands (Grand Cayman) and St. Thomas, U.S. Virgin Islands. The Caribbean office of IRR covers the entire Caribbean region, providing commercial real estate and business valuation services; specializing in hotels, resorts, other commercial properties, going concern properties and operating companies.
The new Puerto Rico office will be locally staffed and managed by commercial real estate appraisal veterans Carlos Xavier Velez and Juan R. Rivera-Vega; formerly of REAdvisors, PSC. Carlos Xavier Vélez, is an MAI designated Senior Managing Director, industry leader who has 25 years’ experience. In addition, Mr. Vélez also holds the SRA, BCA, CMEA, CCIM, and MRICS designations; qualified in business valuation as well as machinery and equipment.
Juan R. Rivera-Vega is designated SRA and MRICS and is a candidate for MAI designation. He has 25 years’ experience in valuation in Puerto Rico, and has been recognized for his leadership in the profession. The other staff of RE Advisors PSC includes two licensed/certified appraisers and two appraiser-trainees.
The Puerto Rico location will be operating as part of the IRR Caribbean practice which is led by James V. Andrews, MAI, CRE, FRICS, ASA/BV; who is based in Grand Cayman. Mr. Andrews has 30 years experience in valuation and consulting; specializing in hotels, resorts, other going concern properties, business valuations and intangible assets. Carlos X. Velez is also designated in business valuation, and this aspect provides synergies to the partnership.
About Integra Realty Resources (IRR)
With corporate offices in New York City, IRR is the largest independent commercial real estate valuation services firm in North America, with 51 offices and 600+ employees located throughout the United States, and the Caribbean. Founded in 1999, the firm specializes in real estate appraisals, feasibility studies, market studies, expert testimony, and related property consulting services. Many of the nation’s largest and most prestigious financial institutions, developers, corporations, law firms, and government agencies are among its clients. For more information, visit www.IRR.com.
Corporate Communications Director
Integra Realty Resources
Main: 212-255-7858 x2003