Boston, MA Newmark has hired James Renner as a senior managing director and valuation & advisory (V&A) market leader for New England, including Maine, Massachusetts, New Hampshire, Rhode Island and Vermont. He is based in Newmark’s Boston office.

“James brings an exceptional depth of market knowledge and trusted leadership, further connecting and amplifying V&A’s myriad of leadership across the U.S.,” said Helene Jacobson MAI, MRICS, executive managing director, U.S. practice lead, valuation & advisory. “His reputation for quality, integrity and precision aligns seamlessly with our standard of excellence. We’re thrilled to welcome him to Newmark.”

 With more than three decades of valuation experience, Renner’s institutional background provides a unique perspective of clients’ requirements to Newmark’s valuation practice. Renner came to Newmark after serving as vice president and lead commercial valuations within Wells Fargo Bank – Real Estate Valuation Services, where he was responsible for procurement and review of commercial appraisals supporting the bank’s loan collateral. He worked with many internal lines of business and external appraisal vendors, providing risk management and consult to lenders within the bank. Renner managed appraisal valuations throughout the New England territory for Wells Fargo Bank.

“Newmark’s strong platform and commitment to delivering best-in-class valuation services are differentiators in the industry, backing its professionals with the resources, scale and support needed to deliver at a high level,” said Renner. “The firm understands the importance of local insight backed by national scale, and I’m looking forward to building on that foundation across New England.”