Albert W. Franke III, MAI, SRA


Mr. Franke is responsible for driving the overall valuation and brokerage business strategy within Advisra. His personal valuation practice involves complex and high-value real estate in a litigation setting, including expert witness testimony. He has over 30 years of real estate industry experience.

Prior to his current role as president of Advisra, he served as Principal and Director of Valuation for Avison Young Valuation Advisory Services in New England and was Connecticut Managing Director for Grubb & Ellis Landauer Valuation Advisory Services, each national firms. Mr. Franke also was a member of Landauer’s Litigation Practice Group. Immediately preceding that, he spent 17 years as president of Albert W. Franke Associates, Inc., a Connecticut-based real estate appraisal and consulting firm founded in 1965. Mr. Franke served on the national Board of Directors of the Appraisal Institute, was a regional Chair, and was past president of its Connecticut Chapter.

Mr. Franke’s appraisal and consulting practice is litigation-centric, focusing on property tax assessment appeal matters, diminution in value and stigma, impact studies and litigation support, including expert testimony. His appraisal experience involves commercial, residential, industrial, special purpose and open space properties