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BBG Acquires Appraisal Firms in Florida and Texas, USA.

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MANews-(C)2009-2022

Texas, US-based due diligence commercial real estate services firm BBG has expanded its presence in the Sun Belt region with the acquisition of Florida and Texas appraisal firms, the firm said.

Terms of the acquisitions were not disclosed.

BBG acquired Orlando-based DeRango, Best and Associates and Austin-based David E. Jones and Associates.

With these acquisitions, BBG has acquired four appraisal firms since the beginning of this year.

BBG appointed Daniel R. DeRango, MAI, and Richard A. Best, MAI, who jointly managed their firm, as managing directors at BBG's Orlando office.

BBG also named David E. Jones, MSA, EAC, as Senior Managing director at BBG's Austin office. Jones served as CEO at his Austin firm prior to joining BBG.

BBG also appointed Abigail Jones and Zoe Zhang as managing directors at BBG's Austin office. Jones and Zhang served as managing partners at David E. Jones and Associates.

The acquired firms' other employees also joined BBG's Orlando and Austin offices.

Founded in 1998, DeRango, Best and Associates was a full-service real estate appraisal and consulting firm that offered a range of appraisals, ranging from vacant sites and strip takings for eminent domain actions to large multi-use facilities, mixed-use projects, office buildings and shopping malls.

For more than 20 years, DeRango appraised various property types in central Florida and provided expert testimony in state and federal courts.

Best has extensive commercial appraisal experience in Florida and Georgia and served as an expert witness with the US Federal Bankruptcy Court and as a...

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