CBRE adds a HUD financing expert

CBRE has hired Mary Purkett as a senior appraiser. In her new role, Purkett will focus on expanding the firm’s multifamily institutional-grade properties practice across the region, including all of Colorado and Wyoming. She is a Certified General Appraiser in both states.

“We are very excited to welcome Mary to the team. Her depth and breadth of experience, particularly with HUD and other low income property types, add a facet of expertise that will further help us drive successful client outcomes,” said Tom Baroch, managing director of CBRE’s Valuation and Advisory Services in Colorado. “Mary’s experience with a variety of complex loan programs, including Section 202, 223(f), 221(d)(4) and 241(a), among others, make her counsel highly sought after. We look forward to leveraging her knowledge and skills.”

A seasoned appraisal professional for nearly a decade, Purkett has experience with several different property types including office, industrial, vacant land, retail, and multifamily properties. Since 2012, Purkett has specialized in multifamily properties, including HUD, rent comparability studies, affordable/low income housing tax credit, Section 8, new construction, student apartments, senior apartments, institutional-grade properties, HUD and CHFA market studies, Freddie Mac/Fannie Mae, and market-rate multifamily properties. She is also a member of the Apartment Association of Metro Denver. Purkett is a graduate of the University of Colorado Leeds School of Business.

About CBRE

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2015 revenue). The company has more than 70,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.  Learn more at www.cbre.com.