Commercial Real Estate Appraisal Client Testimonials

Commercial Real Estate Appraisal Clients

Testimonials

Steven R. Fontes, MAI, CCIM - General References  Steven R. Fontes, MAI, CCIM - Attorney References  

 

During my time as a real estate asset manager for Wells Fargo’s Wealth Management Group, I had the pleasure of working with Steven Fontes on multiple occasions. Even on the most challenging valuation assignments his work was comprehensive, well reasoned and professional. He regularly brought insight that others simply missed. He also delivered his finding on time and for a reasonable price. Having worked with a variety of appraisers over the years, Steven really stands out as one of the best and brightest. He is a true professional that is easy to recommend.

Doug Sundstrom, CCIM Principal at Banyan Road Capital - San Diego, CA

I worked closely with Steve in a lawsuit that required both current and historical valuations of some very unusual properties, ranging from unimproved acreage to oddly configured commercial properties. Steve’s vast and detailed knowledge of appraising, his thoroughness both in arriving at his opinions and in articulating those opinions, are unparalleled. I think the highest compliment that one professional can give another is to refer that professional to others. I refer Steve every time anyone asks me for a referral to an appraiser and I so do with complete confidence in his ability to handle the assignment.

Attorney At Law - Los Angeles County

Over the past decade I have had the pleasure to retain Steve Fontes to provide valuation services for office and industrial properties within my portfolio. Steve’s methodology is consistent and logical and reflects an in-depth understanding of a property’s financials, competition in the marketplace and economic trends.

In cases where Steve’s appraisals were used for obtaining financing, the work was timely, accurate and thorough so as to not require secondary research by the financial institution which would delay the acquisition and increase costs.

I heartily recommend Steve Fontes for other commercial property owners seeking independent and competent valuation services.

Kevin Carter, CCIM, MBA Real Estate Portfolio Advisor
Carter Commercial Group, Inc. - Newport Beach, CA

My client hired Steven Fontes at Mission Property Advisors, Inc. to provide an opinion of value for a single unit commercial property located in Riverside, California. Steve was also retained to testify at a valuation hearing in a bankruptcy that was pending by the borrower on the loan. His office provided a detailed valuation in a timely manner. Steve was required to testify at the hearing as well and asked to review two other valuations of other appraisers for the same property. Steve was responsive to my calls in preparation for the hearing and provided in advance an excellent critique of the opposition’s appraisals. At the hearing, Steve was very prepared and fully supported his opinion of value with data in his report. His testimony was extremely impressive and far exceeded the testimony of the two other appraisers. He had a great grasp of the nuances of this particular property, and was able to explain to the Court the concepts of market analyses needed in valuing this property. Steve was able to use reason and facts to adequately contradict the testimony of the two other appraisers.

Steve’s credibility on the witness stand was outstanding and as a result, the judge disregarded the other two appraisals and accepted the valuation submitted by Steve for the property. I would highly recommend Steve as an appraiser, especially when the matter requires testimony in court.

Attorney At Law - Bay Area, CA

I have worked with Steve for over 20 years, and have referred him on numerous occasions to clients that need an appraiser with his background, but most importantly, that possess honesty, integrity, and one who is extremely thorough and detailed.

With his knowledge and his ability to interpret challenging data for challenging assignments, I recently commented to one of my clients, that of the many appraisers that I’m humbled to call my friends, Steve would be one that I would not want to be challenged with in a court of law.

Never once have I been disappointed in my referrals to Steve. His appraisals are always impartial and detailed with all relevant information reviewed.

Joseph W. Brady, CCIM, SIOR - President The Bradco Companies - Victorville, CA

Steve: I know you have already heard the [jury] verdict from [the attorney].  However, I wanted to pass along his comment to me.  He indicated that the case hinged on the credibility of the appraisers.  He said you did an excellent job on the stand for both direct and cross examination.  He said you were the best appraiser he has ever worked with.  I thought you'd like to know that.  Thanks for all your work on this.

D. James Hart, Ph.D., City Manager City of Adelanto, CA

I have worked with Steve for over 10 years and have found him to be incredibly informative and appreciate the way he meticulously analyzes an asset. He has a pulse of commercial real estate values in the Inland Empire that is critical in today’s changing market. I have the utmost respect for his knowledge and integrity.

Rich Erickson, Senior Vice President Lee & Associates Commercial Real Estate Brokerage, Inc. - Riverside, CA

I have never worked with you before, but I would hire you again in a heartbeat. I just sent an email out to every attorney in our firm telling them they should use you.

Eminent Domain Attorney - Orange County, CA

I have the utmost confidence in Steve Fontes’ qualifications and experience in the appraisal of commercial real estate. Steve is one of a very small number of commercial appraisers that I feel possesses extensive market knowledge about the detailed valuation of commercial properties.

I often get calls requesting the recommendation of a trusted and impartial commercial appraiser and Steve’s name is always in the mix. I myself was involved in a very contentious land valuation transaction and I found Steve’s professional knowledge and impartiality to be of the highest quality.

There is no greater accomplishment than to have a reputation for honesty and integrity among your peers in the industry and Steve Fontes has achieved this through years of hard work and excellent service.

Rick Lazar, Senior Vice President Coldwell Banker Commercial – Sudweeks Group - Redlands, CA

Steve possesses excellent market knowledge and he appreciates the nuances and details of each individual property. He is incredibly thorough and always responsive to my calls. In addition to being highly skilled in his craft, he is also a man of integrity and great character. When I refer clients to him, I always know that the job will be well done and on time, which is critical for my own reputation.

Edward J. Zorn, Esq. Vice President & General Counsel at California Regional MLS (CRMLS) – San Dimas

I have worked with Steve Fontes over the past 20 years. Steve has done many of my appraisals for the properties that I have sold. He is honest and impartial and he has a good handle on the Inland Empire commercial real estate market. His appraisals have always been thorough and done on time, even when there is a rush order. I am very pleased with his work and my transactions always sail through when he is the appraiser on the job. I would highly recommend Steve and his company for any appraisal work that you might need.

Jennifer Kapur, Senior Vice President Lee & Associates Commercial Real Estate Brokerage, Inc. - Riverside, CA

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