Richard Marchitelli

Executive Managing Director

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  • Location

    550 South Tryon Street
    Suite 3400
    Charlotte , NC 28202
    United States

  • Phone

    +1 704 916-4447

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Profile

Richard Marchitelli began his career with Cushman & Wakefield Valuation & Advisory in 2003.

Originally in the C&W World Headquarters in New York, New York, he now works in the Charlotte, North Carolina Valuation & Advisory office. Prior to joining C&W, he was a Director of Real Estate with PricewaterhouseCoopers, LLP from 2000 to 2003 and prior to joining PwC he was the founding partner of Marchitelli Barns & Company from 1973 through 2000. 

Experience
Mr. Marchitelli counsels private and public sector clients on use, capital deployment, valuation, dispute resolution, litigation support, and strategic management issues. Mr. Marchitelli has prepared feasibility and land use studies, market and marketability reports, and site selection studies for corporate and institutional clients; conducted lease audits; developed damages models; and provided due diligence assistance, expert testimony, and other analytical and advisory services in a range of situations involving highly individualized problems. Mr. Marchitelli has valued a wide variety of properties and real property interests including interests in real estate partnerships and other partial and fractional interests in real estate, debt and equity interests in real estate, multi-asset real estate portfolios, shopping centers and regional malls, office buildings, hotels, apartment buildings, condominiums and cooperatives, adult homes and assisted living facilities, wetlands, marinas, heavy industrial plants, storage and distribution facilities, golf courses and country clubs, hospitals, cemeteries, environmentally impaired properties, transportation corridors, leaseholds, and life, remainderman, and leased fee estates. He has prepared damages models in situations involving breaches of contract, contamination, construction defects and construction delays, and similar matters. Mr. Marchitelli qualified as an expert witness in Federal District Court, United States Bankruptcy Court, in various state and local courts, and has been a court-appointed third-party neutral expert in matters involving the valuation of real property, real estate partnership interests, and mortgages

Awards & Associations

In 1984 Mr. Marchitelli was awarded the George L. Schmutz Memorial Award by the Appraisal Institute for his assistance in the publication of The Dictionary of Real Estate Appraisal.
In 1995 Mr. Marchitelli received the Wagner Award from the Appraisal Institute, which is presented to individuals in recognition of their contribution to the advancement of valuation knowledge and education.
He was the 1998 recipient of the Lum Award presented annually by the Appraisal Institute to individuals for furtherance of the ideals of the real estate valuation profession. That same year he was also the recipient of the Professional Recognition Award presented by the Long Island Chapter of the Appraisal Institute.