Edward R. Eschmann, MAI, MRICS, is a Director in the New York office and is a member of both the CBRE Hotels Valuation & Advisory team and the Hospitality & Gaming business lines. He has over 35 years of valuation and consulting experience throughout the United States, Puerto Rico, and the Americas. Mr. Eschmann is a designated Member of the Appraisal Institute and Royal Institution of Chartered Surveyors as well as being a Certified General Real Estate Appraiser in the states of New York and New Jersey. Edward has held licenses in other jurisdictions including Connecticut, Vermont, Illinois, Washington D.C., and Pennsylvania.
Mr. Eschmann’s assignments include a wide variety of full and partial interest appraisals on property types including urban and suburban luxury, full and limited service boutique independent and franchised hotels, mixed use residential condominium/hotels, corporate headquarters and conference hotels, suburban and urban office buildings, regional retail malls and outlet centers with hospitality components, and residential apartment and condominiums with hospitality components.
In 1995, Edward has attained the MAI designation of the Appraisal Institute. Since 2006, he has specialized in the hospitality asset class and is director of the Tri-State Hospitality Group in New York City covering the New York, New Jersey and Connecticut regions.
Mr. Eschmann’s expertise entails a wide range of property types: hotel, office, retail, industrial, residential, along with consulting and acquisitions/disposition advisory. Edward has specialized in the hotel asset class for the past decade, notwithstanding retaining his hand in other asset class analysis and appraisal including major Class A office projects and major mixed use hotel/retail and residential condominiums projects throughout New York. The combination of knowledge across the spectrum of asset classes offers our clients a specialized knowledge and unique perspective of the real estate industry into the various asset classes under Mr. Eschmann’s review. Edward has spoken at various banking and lending organizations and has been an adjunct speaker at City of New York, Baruch College, and for the Appraisal Institute on various occasions.