Valuation Partners, an appraisal management company in Sugar Land, Texas, said on Thursday that it has launched a unit to handle valuations of commercial properties.

The new division will be led by Ed Marotta, a vice president at the company, and will offer services ranging from property inspection to appraisal reviews for banks, credit unions and commercial real estate investors.

"This is just the beginning, we will continue to target the commercial lending community and bring to market the efficiencies that centralization affords," said CEO Bill Fall in a May 22 press release.

Valuation Partners is a subsidiary of William Fall Group, a real estate valuation and analysis firm in Toledo, Ohio.

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