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Spencer Merkord


Managing Director

Job Functions: Valuation & Advisory


Spencer Merkord, MAI, is a Managing Director in the Valuation & Advisory Services Group of CBRE. Mr. Merkord is based in Dallas, Texas but serves a national role for the firm as a member of its Financial & Tax Reporting Services Practice. Mr. Merkord has more than twelve years of real estate valuation and consulting experience that encompasses all major classifications of real estate throughout the United States and in many other countries.

Mr. Merkord has spent much of his career focused on valuations for financial and tax reporting, but has also performed appraisals and offered consulting services for underwriting analyses, mortgage-based lending, portfolio valuations, litigation support services and feasibility analyses.

Mr. Merkord has conducted valuations for all types of properties including office, retail, industrial, multi- and single-family residential, hospitality, health care, restaurants, data centers and vacant land. The valuations performed by Mr. Merkord have encompassed fee simple, leased fee and leasehold interests, and have concluded market value, fair value, fair market value, use value, liquidation value and leasehold value.

Prior to joining CBRE, Mr. Merkord was a Manager at Deloitte Financial Advisory Services LLP focusing on financial and tax reporting valuations and assisting Deloitte audit teams as a valuation review specialist of work done by other appraisers. Before joining Deloitte, Mr. Merkord completed an internship with Archon Group, L.P., a wholly owned subsidiary of Goldman Sachs.

Areas of Interest

Deal Type
Acquisition, Development, Ground Lease, Loan Purchase, Opportunity Zone, Partner Buyout, Pre-Development, Recapitalization, Refinance, Rehabilitation