Patrick Mccrae Email & Phone Number

Reading, Pa, Us

Patrick McCrae serves as Director of Partner Valuation Advisors. Mr. McCrae has over 18 years of commercial real estate experience appraising retail, office, industrial, multifamily, hotels, and special use assets throughout the United States. For the past 15 years, Mr. McCrae has specialized in the appraisal of seniors housing properties. Additional experience includes preparation and desk review of consulting and valuation reports, market studies, cash flow analysis reports for owners/developers, insurance companies, pension fund advisors, government agencies, commercial lending institutions, and investment companies. Mr. McCrae has also provided litigation support services and has been deposed as an expert witness relating to the valuation of seniors housing assets.In addition, Mr. McCrae was appointed for several years as a Special Magistrate for the Value Adjustment Board of Hillsborough County, Florida. In his role as Special Magistrate, Mr. McCrae provided over tax appeal hearings and provided written recommendations to the Value Adjustment Board in compliance with Florida Statutes regarding ad valorem taxation.Prior to joining Partner Valuation Advisors in 2023, Mr. McCrae spent six years as a Senior Director at JLL Valuation Advisory focused on the valuation of seniors housing assets. From 2005 -2017, Mr. McCrae served as a Director of Integra Realty Resources – Tampa Bay.

Tampa/St. Petersburg, Florida Area

Patrick McCrae serves as Senior Director of JLL’s Valuation and Advisory Services (VAS) in the United States. In this role, he is focused on conducting appraisals, market studies, and consulting assignments for seniors housing and health care properties nationwide. Mr. McCrae has been actively engaged in commercial real estate valuation and consulting since 2004. Mr. McCrae has extensive experience in consulting and valuation of a wide variety of commercial, retail, industrial, and residential properties including: office buildings, shopping centers, manufacturing facilities, warehouses, apartments, seniors housing, health care facilities, hotels, and vacant land. In addition, experience includes preparation and desk review of consulting and valuation reports, market studies, cash flow analysis reports for owners/developers, insurance companies, pension fund advisors, government agencies, commercial lending institutions, and investment companies. Mr. McCrae has also provided litigation support services and has been deposed as an expert witness relating to the valuation of seniors housing properties.In addition, Mr. McCrae has been appointed for several years as a Special Magistrate for the Value Adjustment Board of Hillsborough County, Florida. In his role as Special Magistrate, Mr. McCrae presided over tax appeal hearings and provided written recommendations to the Value Adjustment Board in compliance with Florida Statutes regarding ad valorem taxation.Prior to joining JLL in early 2017, Mr. McCrae spent twelve years with a national valuation firm, where he most recently served as Director with the Tampa office and Associate for the national Seniors Housing & Health Care Specialty Practice. In addition, Mr. McCrae was previously employed as an Analyst with ValueTech Realty Services, a regional valuation firm.

Master Of Business Administration (M.B.A.)

Bachelor Of Science (B.S.), Marketing

Activities and Societies: Phi Delta Theta