Class Valuation Acquires Appraisal Nation

Appraisal management company Class Valuation acquired Appraisal Nation and is expanding its private lending capabilities.

Company leaders say North Carolina-based Appraisal Nation extends Class Valuation’s growing presence in the private lending market, focusing on specialty lending products.

“Welcoming Appraisal Nation to the Class Valuation family is a key step in our strategy to modernize the appraisal process and strengthen our position in important market segments,” said John Fraas, CEO of Class Valuation. “By combining Appraisal Nation’s specialized expertise with our own technology and resources, we are better poised to deliver exceptional value for private lenders.”

Appraisal Nation’s clients will now be able to access Class Valuation’s technology, as well as engage with its analysts.

At the same time, Class Valuation is launching a Private Lending arm to leverage its new assets. Appraisal Nation founder Michael Tedesco will lead and drive growth for the new division.

“Doing what’s best for our clients has always been a cornerstone of our mission, and joining Class Valuation is a natural step forward in expanding our ability to elevate service standards across the appraisal industry. As technology evolves and private markets become more institutionalized, service providers must do more than simply support their clients. They must help them adapt. With Class Valuation’s resources and technology, our clients will have the advantages they need to excel in a rapidly changing market,” Tedesco said.

Founded in 2009, Michigan-based Class Valuation is a nationwide AMC committed to speed, quality, and exceptional customer service. It was founded in 2009.

Jonathan Willen was appointed to be the new Chief Revenue Officer earlier this year as the company continues to innovate and expand its market presence.