Thomas J. Griffith, MAI, ASA


Seniors Housing Practice Director


Mr. Griffith has experience in the preparation and review of appraisals on a variety of proposed and existing properties. He specializes in valuations for the healthcare industry. Interests appraised include fee simple, leased fee and leasehold. Property types include hospitals, assisted living facilities, senior apartment complexes, congregate care facilities, land, medical office buildings and nursing homes. He has also valued neighborhood shopping centers, industrial buildings, and office buildings along with properties for conventional, Fannie Mae, Freddie Mac and HUD loans.

Professional History

  • Manager, Real Estate Practice, Huron Healthcare
  • Associate, Real Estate Practice, Wellspring Partners
  • Consultant, Griffith Valuation Inc., where he conducted a variety of residential appraisals including single family residential; multifamily 2-4 flats; vacant land and condominiums
  • Real Estate Broker, West End Real Estate Inc.
  • Served Merrill Lynch in the Investment Department, where he supported several relationship managers

Education, Licenses, and Designations

  • Bachelor of Arts in Real Estate and Business Administration, Arizona State University
  • Certified General Real Estate Appraiser in Illinois, Michigan, Ohio, Texas and Wisconsin
  • Member of the Appraisal Institute, MAI Designation
  • American Society of Appraisers, ASA Designation
  • Member, Chicago Real Estate Council
  • Real Estate Broker

Our clients have used Principle Valuation for valuations for purchase and sale transactions, compensation relationships, and support for tax purposes. They do straightforward and intelligent work, and are very responsive.

Scott Becker, Partner, McGuire Woods

We selected Principle because of their experience and reputation in the market. They are very knowledgeable about the industry, and particularly HUD financing. They were very thorough and hit their deadlines. Their appraisal went through HUD with no issues, which also made the borrower very happy.

Ken Buchanan, Senior Vice President and Chief Underwriter (Eastern Region), Walker Dunlop

Principle Valuation provides excellent valuations for ongoing healthcare enterprises, as well as placing values on the individual assets. They are very timely, reliable, have a solid understanding of the regulatory implications of their work, and are authoritative in the way they present their information.

Mike Anthony, Partner, McDermott, Will & Emery

Principle Valuation is far superior to any other valuation firm we have worked with. They are knowledgeable about businesses, real estate and equipment. And their reports are always right the first time.

Ken Doran, President and CEO, Spectrum Heatlh Partners


190 South La Salle Street, Suite 2900
Chicago, IL 60603