Randy Nigrelli’s professional experience includes over 20 years of providing real estate and hospitality consulting services for public and private real estate market participants including investment and commercial banks, real estate developers and operators, government agencies, and law firms. Property types analyzed by Mr. Nigrelli include hotels, conference centers, office and industrial buildings, shopping centers, marinas, and apartment buildings.
Since joining Real Estate Solutions Group in 2001, Mr. Nigrelli has provided a variety of consulting services for clients including the City of Newark, Howard University, Lower Manhattan Development Corporation, Port Authority of NY and NJ, New York City Economic Development Corporation, New Jersey Transit, Lennar Corporation, and Cherokee Investments.
Prior to joining Real Estate Solutions, Mr. Nigrelli was a manager in the Hospitality Group of Ernst & Young LLP for six years. While at Ernst & Young LLP, Mr. Nigrelli performed portfolio and single-asset valuations, underwriting and acquisition due diligence engagements, market studies, feasibility and conversion analyses for hospitality-related property types, diagnostic reviews, litigation support, and business planning procedures. Mr. Nigrelli’s prior experience includes three years at Marchitelli Barnes & Company, Inc., a general commercial real estate appraisal firm, as a staff appraiser, and three years at Hospitality Valuation Services, Incorporated. While at HVS, Mr. Nigrelli performed consulting services for over 70 hotels, motels, conference centers, and marinas located throughout North America.
Mr. Nigrelli has a B.S. from the School of Hotel Administration at Cornell University with a concentration in finance, and is a member of the Society of Hotelmen and the Cornell Real Estate Council.