Macro Realty Advisors, LLC was founded in 2012 by our Chief Appraiser, Andrew Bernstein, MSRE. He has a Master's of Science in Real Estate from the John's Hopkins Carey Business School and is a Certified General Appraiser in numerous states. Mr. Bernstein has appraised several hundred Billion dollars of commercial real estate on most continents around the globe and in almost every state throughout the US. He has been a commercial real estate appraiser for 20 years, and has performed valuations globally for the largest REIT's; Private Equity Funds; Pension Funds; Lenders; Developers and Investors. With a passion for financial markets he has also been trading currencies and equities with algorithms he writes and optimizes, for over a decade.

 

Andrew's valuation experience includes preparing and reviewing appraisals for financing; financial reporting (ASC 805 Purchase Price Allocations); trust and estates; federal government agencies; special servicers; tax appeals; bankruptcies and restructuring. Prior to starting Macro Realty Advisors, LLC, Andrew gained his experience with a wide variety of valuation firms including Fortune 500 companies; large privately held companies and local "mom and pop" appraisal firms. He has also managed and mentored junior appraisers.

 

In addition to a Master’s Degree from Hopkins, Andrew earned a Bachelor's of Science in Finance from Dominican College in NY where he played Division 2 Lacrosse on scholarship. Andrew is an alumni of the prestigious prep school New York Military Academy, where he attended on a Blue Ribbon Scholarship for academics and lacrosse. Mr. Bernstein led the New York Military Academy lacrosse team to the league championships; was named All League MVP and led the league in face offs and led the team in scoring. Mr. Bernstein is also an accomplished musician and has been playing the bass guitar for over 25 years. He has recorded in studio and performed live with numerous bands, in and around NYC and Charlotte, NC. 

​

When not in the office Mr. Bernstein can be found hiking or camping in one of the many state or national parks around the country or volunteering his time with organizations like Midnight Run of NYC or United Way's Hands On Charlotte. 

 

Some of Mr. Bernstein’s notable valuation engagements include:

 

• Worked on the $8.5 Billion TD Bank/Commerce Bank Acquisition. Helped appraise 506 banks throughout the US.

• Appraised 900 farms and single-family residences throughout Illinois for a proposed power line easement.

• Performed an Appraisal Review of The Plaza Hotel in NYC.

• Performed an appraisal review of The Dream Hotel in NYC

• Built and launched the national real estate platform for a multi billion dollar public accounting firm in NYC. Systematized their internal audit review memorandum process; created their ASC 805 PPA real estate Excel model & report; and created their Restricted Use and Appraisal Report Excel Templates/Word Reports. 

• Helped appraise a portfolio of 22 health care facilities throughout New York State.

• While in Business School, worked for an FHA Mortgagee, helped underwrite and close $100 million of FHA insured mortgages for large apartment complexes ranging from 100 to 500 units.

• Underwrote, marketed and sold a 443 unit, self-storage facility, while working as a commercial real estate broker for the largest publicly traded real estate investment brokerage in the US.