Mr. Terence Tener is a founding principal of KTR Real Estate Advisors (KTR). Over the course of Mr. Tener’s established career, he has appraised many prominent commercial properties, including the GM Building, 101 Park Avenue, 590 Park Avenue, 410 Park Avenue 320 Park Avenue, 475 Fifth Avenue, the Seagrams Building, 360 Park Avenue, 280 Park Avenue, Park Avenue Plaza and the Lever House.
In addition, Mr. Tener has served as an expert witness in various federal and state courts including New York, New Jersey, Connecticut and Delaware. Mr. Tener has also valued such notable residential and mixed-use properties as Citispire, Metropolitan Tower and River Tower. He has been responsible for the valuation of hotels throughout the United States, including the New York Hilton, Washington Embassy Row Hotel, Pittsburgh Hilton, the American Stanhope and a chain of hotels located in Mexico, owned by Groupo Situr. In addition, Mr. Tener has consulted on the valuation of numerous retail properties, including the Smithaven Mall, Herald Center, Sony Entertainment Center in San Francisco and 730 North Michigan Avenue.
Qualified and licensed as a Certified General Real Estate Appraiser in the following states:Connecticut, New Jersey, New York, Missouri and in New York State.
Appraisal Institute –MAI Designation since 1978American Society of Appraisers (ASA) – Senior Memberand former member of the Board of Governors for the NY ChapterMBA ofNew York– Board of GovernorsReal Estate Board ofNew York– Appraisal Committee
National Association of Real Estate Fiduciaries
Long Island Board of Realtors
International Council of Shopping Centers (ICSC)
Mortgage Bankers Association ofAmerica
Young Mortgage Bankers Association
Appraisal Institute Metropolitan New York Chapter –
Admissions Committee and Ethics Committee
Appraisal Journal Review Committee
New York’s East Side Association – Former director
Cardinal’s Committee of the Archdiocese of New York
Established in 1988 by veteran real estate professionals, KTR was founded with the goal of creating a dynamic, service-oriented firm noted for its dedication to professionalism, competency and integrity. Through the years we have grown by providing our clients across the country with a full range of integrated real estate services, including appraisal, litigation support, construction consulting, environmental and engineering due diligence, real estate tax consulting and receivership services.
Our customers continue to return because of our reputation for thorough, cogent and timely analyses. In every aspect of our business, we are committed to providing innovative solutions that serve our customers’ needs.
KTR has been providing appraisal and consulting services to our clients throughout the country and has been the commercial due diligence arm of both a FORTUNE 300® real estate corporation and an international brokerage firm. Our clients draw on the expertise of professionals with diverse industry backgrounds and experience. Each assignment benefits from the direct, daily oversight of a senior manager whose significant client-side experience combines a business dimension with seasoned real estate expertise. Our managers, in turn, are supported by highly trained appraisers and real estate advisors who provide timely and cogent analysis of assets and markets nationwide.
Our clients have been and always will be our reason for being. We are committed to listening to your needs, while remaining cognizant of your concerns and striving to surpass your expectations. Toward these ends, we provide valuation and consulting services for asset management, financing and acquisition purposes to a broad spectrum of clients throughout the country, including local, regional, national and foreign banks, insurance companies, pension fund advisors, public and private corporations, equity investors, mortgage brokers, accounting firms, attorneys and government agencies.LITIGATION SUPPORT SERVICES
KTR is highly regarded for its role in litigation support services. Leveraging the expertise of professionals with more than 20 years of experience, our managers have performed as appraisal experts in cases ranging from complex condemnation proceedings involving multiple properties to rent arbitrations for land, office and retail leases. The firm’s managers are intimately familiar with the requirements and standards of condemnation and bankruptcy proceedings, a wide range of arbitration scenarios and the special requirements of local laws and standards. In addition, our professionals are experienced with the exacting requirements of written reports in litigation situations, as well as the preparation of effective exhibits, rebuttal reports and expert testimony.
KTR Real Estate Advisors employs one of New York City’s largest staff of commercial real estate appraisers and analysts; many of whom are members of the Appraisal Institute and hold the prestigious MAI designation.
Cognizant of the competitive factors influencing acquisition and financial transactions, we have proved exceptionally effective in meeting demanding deadlines, handling challenging and complex assignments and understanding client needs on single asset and multi-property portfolio assignments. In addition to traditional appraisal services, we also offer consulting services, including feasibility studies, investment analysis, cash-flow analysis, estate tax appraisals and litigation support services.