Dallas-Based BBG Acquires Crown Appraisal Group
BBG, an independent commercial real estate due diligence firm, continues its expansion in Ohio with its acquisition of Ohio-based appraisal firm Crown Appraisal Group. Terms of the transaction were not disclosed. This is BBG’s second acquisition in 2022 and significantly expands its presence in Ohio and the contiguous states.
For 30 years, Crown Appraisal Group has provided commercial real estate appraisal, market study, litigation support, appraisal review, construction monitoring, and other services to over 200 bank, mortgage correspondent, CMBS lender, property owner and other clients annually in Ohio and across the United States.
Crown Appraisal Group founder and owner Andrew Moye and Donald Miller were named Managing Directors and Dan Schiavoni was named Director. In addition, 22 people from Crown will be joining BBG as part of the acquisition.
“We are thrilled to welcome Andy, Don, Dan and their colleagues to BBG. Crown is a highly respected provider of valuation services. The firm’s capabilities, clients, and core competency in multi-family commercial real estate appraisal are highly complementary to BBG. We see immense upside for the Crown team and BBG by having them join our firm,” said BBG CEO Chris Roach
- ◦People