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Spencer Merkord, Vice President

Spencer Merkord

Managing Director

Valuation & Advisory Services

Spencer Merkord Managing Director
Valuation & Advisory Services
Dallas McKinney 2100 McKinney Ave
Suite 700
Dallas, TX 75201

Professional Experience

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.

Professional Affiliations / Accreditations

  • Appraisal Institute, Designated Member (MAI)
  • Certified General Real Estate Appraiser, State of Texas, TX-1338119-G
  • Real Estate Broker License, State of Texas, #0547231


  • Texas A&M University, College Station, Texas, Master of Land Economics and Real Estate
  • Texas A&M University, College Station, Texas, Bachelor of Business Administration in Finance



  • Aetna
  • AIG
  • Bixby Land Company
  • CBL Properties
  • Consolidated-Tomoka
  • Donahue Schriber
  • EPR Properties
  • Gladstone Commercial
  • Global Medical REIT
  • Goldman Sachs
  • Lincoln Property Company
  • Mapletree Investments
  • Maxus Realty Trust
  • MetLife
  • Pacific Urban Residential
  • Parmenter Realty
  • RED Development
  • Resource Real Estate
  • Starwood Property Trust
  • Unico Properties
  • Weingarten Realty
  • Westmont Hospitality
Spencer Merkord Managing Director
Valuation & Advisory Services
Dallas McKinney 2100 McKinney Ave
Suite 700
Dallas, TX 75201