Avison Young has acquired Calgary-based property appraisal company Linnell Taylor Lipman and Associates. Terms of the acquisition were not disclosed.
Established in 1987, Linnell Taylor Lipman & Associates (LTL) is a professional real estate appraisal and consulting corporation. For nearly 30 years, the firm has undertaken appraisal and consulting assignments throughout Western Canada on behalf of private, publically traded and institutional owners and investors; real estate developers, Realtors, insurance companies, various levels of government, the legal community and lending institutions, the company says. It has completed appraisals on a wide range of property types, including office, retail, industrial, multi-family residential, land, hotels, self-storage facilities and special purpose properties such as car washes, gas stations and auto dealerships.
The change in ownership adds 14 employees to Avison Young’s operations. Terry Taylor, Robert Lipman and Patrick James become principals of Avison Young. Taylor also becomes director, valuation and appraisal services in Calgary.
Also joining from LTL are: Aaron Nelson, Suzanne Clarke, Abhishek Paul, Ehren Schroeder, Max Findlay, Dave Durant, Kira Penner, Kimberly Parker, Brett Dombrova, Liam Fast and Marcia Lawrence-Francis.
The company says the move complements Avison Young’s acquisition of property appraisal company Metrix Realty Group (Ontario) Inc. in Eastern Canada in January, in which 30 members joined Avison Young.
