Partner Valuation Advisors, a national commercial real estate valuation advisory firm, appointed Erik Hill, MAI, CCIM, MRICS, as managing director in Dallas. Hill will deliver valuation and advisory services for healthcare and life sciences properties nationwide, as well as be responsible for overseeing the growth in Dallas.
Since launching in September 2022, Partner Valuation Advisors has completed more than 700 valuations across 40 states with an aggregate commercial real estate value exceeding $20 billion. The Chicago-based, technology-forward firm has grown to more than 50 employees in 20-plus markets nationally, making it one of the fastest growing commercial real estate valuation advisory companies in the U.S. Partner Valuation Advisors serves investors, lenders, investment funds, and real estate occupiers.
Hill brings nearly 17 years of commercial real estate experience. In his previous role as managing director and national sector lead of healthcare and life science at JLL Valuation Advisory, Hill focused on providing valuations for properties in the healthcare and life science sectors. That included hospitals, medical office buildings, surgery centers, imaging centers, behavioral hospitals, substance abuse treatment centers, labs, GMP/cGMP facilities and others. The array of valuation and advisory services he delivers includes real property and going-concern appraisals, fair market rent studies for lease negotiation and Stark compliance, purchase price allocations for FASB ASC 805 and ASC 820 compliance, and other consulting services.
Prior to joining JLL in 2016, Hill served on the National Healthcare Practice at Integra Realty Resources in Dallas. Prior to his career in appraisal, Hill spent 10 years as a commercial real estate broker with Coldwell Banker Commercial in Waco, Texas, where he was involved in sales, acquisitions and leasing of retail, office, industrial and multifamily properties.
Hill holds a MAI designation from the Appraisal Institute, earned a CCIM designation from the CCIM Institute, and is a member of the Royal Institution of Chartered Surveyors (RICS). He earned a broker license from the Texas Real Estate Commission, is a member of the North Texas Chapter of the Appraisal Institute and an is an affiliate member of the National Association of Realtors. Hill received a bachelor’s degree in business administration from Baylor University and an MBA from Tarleton State University.