CULVER CITY, Calif. — CBRE has acquired Valuation & Information Group (VIG), a Culver City-based provider of appraisal and market feasibility services for seniors housing and healthcare real estate throughout the United States.
VIG provides valuation services for a wide variety of property types in the seniors housing and healthcare sectors, including independent living, assisted living, skilled nursing, medical office buildings, surgery centers, specialty hospitals and acute-care hospitals. In addition, the firm provides valuation services for HUD and conventional multifamily financing.
VIG’s 23 employees will integrate with CBRE’s seniors housing and healthcare team, led by Daniel Lincoln. Marc Lussier and JP LoMonaco will continue to run the incoming team’s operations for CBRE, with Dan Schneider leading the execution of assignments in the eastern U.S.
The acquisition of VIG reflects CBRE’s ongoing plan to enhance its leadership position in specialty areas of valuation and advisory services. In the last year, CBRE has acquired Cold River Land, a leading provider of property tax payment services; the Los Angeles and Orange County affiliates of IRR, a specialist right-of-way appraisal firm; and Millman National Land Services, a provider of commercial land surveying services.