Friday, December 14, 2007

Dan A. Paulus, MAI, Launches CRES Appraisal Services, LLC

Scottsdale, Ariz. – Prudential CRES Commercial Real Estate, one of the nation’s fastest growing commercial real estate networks, announces the formation of CRES Appraisal Services, LLC, its commercial real estate appraisal group, led by President Dan A. Paulus, MAI. In this role, Paulus plans to expand the Phoenix-Scottsdale office to 12 appraisers and open multiple office locations throughout the United States.

Paulus has built a reputation for service excellence and technical competence in his 25 years in commercial real estate. His experience in business management, consultation and appraisal of all property types includes undeveloped and entitled land, master-planned communities, apartment and condominium complexes, mobile home parks, medical office buildings and hospitals, garden and high-rise office buildings, industrial parks, neighborhood shopping centers and regional malls, hotels, golf courses, time share resorts and special use properties. Paulus specializes in forensic valuation to provide law firm litigation support and expert witness testimony. He also is among a select few real estate experts in the healthcare industry.

“Dan Paulus is uniquely qualified to propel this new division to success,” says William C. Saul, president of Prudential CRES Commercial Real Estate. “His extensive real estate appraisal, consulting and management background make Dan ideal to grow and develop the appraisal division which joins forces with Prudential CRES Commercial Real Estate.”

Previously, Paulus was a managing director at Colliers International and became the president of its large North American appraisal operation (United States and Canada). He started his appraisal career with CB Richard Ellis, and then joined the Arthur Andersen LLP Tax Division (1989-1996) as a senior manager to establish its southwest region valuation services group. He was a partner with regional real estate appraisal firm Burke Hansen, Inc. and was then a senior appraiser with Cushman & Wakefield.

Paulus, a graduate of Arizona State University’s accounting program, is MAI designated through the Appraisal Institute, and an Arizona State Certified General Appraiser. He is a past member of the Appraisal Institute Review Committee and the Regional Ethics and Counseling Panel. Paulus has assisted the Disciplinary Committee of the Arizona Board of Appraisal in reviewing complaints.

Paulus resides in Phoenix with Sharman, his wife of 28 years. He is a member of the North Phoenix Lions Club, the Boys & Girls Clubs of Metropolitan Phoenix, and he is active in his church.

About CRES Appraisal Services, LLC
Formed in 2007, CRES Appraisal Services LLC is a commercial real estate appraisal group that has joined forces with Prudential CRES Commercial Real Estate (brokerage). The division provides consulting and appraisal services for commercial property clients. For more information, visit www.prucres.com or call Dan Paulus, MAI at 480-365-1505.

About Prudential CRES Commercial Real Estate
Commercial Real Estate Solutions (CRES) was formed in 2000 to provide commercial strategic planning, consulting and training to real estate brokerage companies and real estate departments of major corporations. In 2001, Prudential Commercial Services (PCS) joined with CRES to establish a new standard for commercial real estate brokerage operations.

PCS, a division of the Prudential Real Estate Affiliates (PREA), has a service agreement with CRES to provide strategic planning, consulting, training, hands-on-transition services, franchise sales and continuous support to PCS franchises exclusive to the PCS network. Prudential CRES Commercial Real Estate companies are select, professional companies with a foundation of performance-oriented systems and a proven track record for performance. Prudential CRES Commercial Real Estate creates a consistent national brand for PCS offices. For more information, visit www.prucres.com or call Bill Saul at 480-451-9077.

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