BBG takes over Trigg, Catlett & Associates | Texas News

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DALLAS, November 16, 2021 / PRNewswire / – BBG, a leading national independent commercial real estate appraisal and valuation company, today announced the acquisition Tampa-based valuation company trigger, Catlett & Associates. The terms of the transaction were not disclosed.

Named BBG Frank Catlett, MAY, SRA and Kyle Catlettwho serves as the company’s president, serves as directors at BBG’s Tampa Office. Other employees of the full-service company also joined the BBG.

This acquisition builds BBG’s presence in Florida and the southeast region. In September, BBG acquired five offices from Integra Realty Resources in Arkansas, Louisiana, Mississippi and Tennessee.

trigger, Catlett & Associates provides valuation services for apartment buildings, offices, retail, industrial, manufacturing, RV / RV parks, agriculture, religious organizations, mining, golf courses, and other property types. The company has conducted reviews for banks and other financial services companies, government agencies, corporations, investors, and legal and accounting firms.

Frank Catlett served as chairman of the firm and has had a distinguished career in the valuation industry for more than four decades. Mr. Catlett took over the business of the company in 1991.

His valuation experience includes duties related to air rights, underwater land, reservoirs, manufacturing and distribution, aquarium attractions, natural springs, communication towers, contaminated land, transfer of building rights, and numerous maintenance easements.

Frank Catlett was an expert before courts in Florida and North Carolina as well as in several federal courts nationwide. He has also served as a lecturer for the Appraisal Institute, as an appraiser and appraiser for several government agencies, and as a special master of the Hillsborough County, Florida., Allowance Committee.

Kyle Catlett has been working as an appraiser for commercial real estate in the firm for more than 10 years. During this time, he has provided appraisals for all major commercial property types, including hotel, multi-family, retail, office, outbuildings, prestigious domains and various specialty properties.

Kyle Catlett is a licensed general real estate appraiser in Florida and in several southern states and is a Designated Member (MAI) of the Appraisal Institute. He is a graduate of the University of Alabama and Jesuit high school in Tampa.

BBG managing director Chris Roach, MAY, commented on the acquisition, “Our acquisition of trigger, Catlett & Associates is an important and logical step in expanding our presence in a region with strong economic and population growth. For decades trigger, Catlett & Associates played a pivotal role in Tampas ongoing property development, making it one of the most respected valuation companies in. will Tampa and across the state. We are very fortunate to have Frank, Kyle and the rest of their team join BBG and look forward to your contribution to helping the company achieve its strategic goals. “

Eric Hoening, MAI, Senior Managing Director of BBG’s Florida Offices, added: “We are pleased that the trigger, Catlett & Associates team is part of our group of very experienced professionals. trigger, Catlett is a permanent fixture in this market and industry, with Frank and Kyle working with local and regional financial institutions on complex tasks ranging from active mining to large conservation easements to rights of way. This acquisition is another step in the full geographic and service line coverage that BBG is in Florida and all over the southeast. BBG and its customers will benefit greatly from this excellent addition to our growing team. “

About BBG

BBG provides comprehensive due diligence services including valuation, advice, valuation, desktop valuation, energy services, cost segregation, zoning and ALTA surveys. Headquarters in Dallas, the company has 46 offices in major US markets and more than 2,800 customers. As one of the big five national commercial real estate appraisers, BBG has built a reputation for personal attention, on-time delivery and extensive expertise in apartment buildings, offices, retail and industrial sectors. Further information on BBG can be found at www.bbgres.com.

Media contact

Marc Weinstein

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(908) 967-9958

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