HVS Senior Managing Director Suzanne R. Mellen was selected as a 2013 Northern California Commercial Real Estate Woman of Influence, a bi-annual program sponsored by the San Francisco Business Times and Allen Matkins. This program was established in 2009 to highlight women’s contributions and achievements across the spectrum of disciplines in the real estate industry. Fifty-five women are recognized based on the deals, projects, and transactions they have been involved in over the past two years. In addition to online and printed editorial coverage, a luncheon to honor the awardees will be held on October 2, 2013.
Suzanne R. Mellen, MAI, CRE, FRICS, ISHC is the Senior Managing Director of Consulting & Valuation for HVS San Francisco, Las Vegas, and Los Angeles offices and HVS Gaming Services. Ms. Mellen specializes in complex hotel and casino feasibility issues and is nationally recognized for her industry expertise. In 2012 and 2013, she led the valuation of several high-profile multi-billion dollar hotel portfolios. In that time she also developed an expertise in the valuation of casinos for assessment purposes and recently testified as an expert witness in one of the nation’s largest casino property tax cases.
Ms. Mellen opened the second office of HVS in 1985, specifically locating in San Francisco to expand the firm’s hospitality valuation services to the West Coast. She also led HVS’ expansion to Las Vegas (2009) and Los Angeles (2013). She has grown her practice from that of a solo practitioner to a current staff of 20. Over the course of her career, she has appraised thousands of hotels, gaming assets, and related real estate throughout the world. She has developed innovative appraisal methodologies such as a mortgage-equity income capitalization formula for variable income properties, a refinancing model for hotel investments, and a methodology for valuing the real property component of casinos in Pennsylvania, where gaming has been newly established. As an in-demand presenter for conferences throughout the United States, Ms. Mellen has spoken at numerous industry events that include annual appearances at JMBM’s Meet the Money and the Americas Lodging Investment Summit (ALIS).
More information on the NorCal CRE Women of Influence can be found here: http://ncrewomen.org/2013Awards
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