Summit Valuations, LLC, announced that early results from its analysis of 2016 company performance show a strong year for the firm and good prospects for 2017. Changes, growth, a new office and more have made 2016 a very good year for Summit Valuations.
“We should all be very proud of what we have accomplished in 2016, both for our clients and our growing company,” Summit Valuations President Ron Ahlensdorf, Jr. said in the company news release. “We’ve all lived through a lot of rapid change this year and I am very proud of the way this team handled it. We have more change ahead of us in 2017, as do our clients. I know we will be ready to assist them in making sense of the rapidly changing property valuations we’re likely to see next year as the new administration in Washington settles in. We have the people, the experience and the technology to see that job done.”
This year, Summit expanded its client base from mortgage servicers, capital markets and hedge fund real estate investors to hundreds of smaller private investors who are either buying to flip or rent. The company promoted some key executives into new and expanded roles and began providing monthly real estate data overview reports that included analysis from Summit’s Chief Valuation Officer Mark Melikian.
“Our performance in 2016 is a testament to the fact that Summit Valuations is a national player at the top of its game,” Ahlensdorf said. “I am very excited to see what this team will do in 2017.”