Blake M. Coleman, ASA
Mr. Coleman is a Managing Director at Valuation & Venture Consulting, a financial consulting and advisory firm specializing in the valuation of intangible assets and the valuation of private business enterprises, including the allocation of value to all classes of common and preferred stock and derivative securities for regulatory purposes (i.e., financial reporting with the S.E.C. and tax compliance with the IRS). Valuation and Venture Consulting also consults to emerging and middle market companies on mergers and acquisitions and strategic planning issues.
Mr. Coleman has over fifteen years of experience providing quantitative financial and investment analyses. Most recently, Mr. Coleman was employed as a Senior Associate with IRA Capital LLC (“IRA”), a boutique private equity real estate investment firm. While at IRA, Mr. Coleman was the lead underwriter for over $1B of commercial real estate and was involved in the acquisition of retail, medical office, and student housing properties throughout the United States.
Prior to working at IRA, Mr. Coleman was a Manager at FMV Opinions, Inc. (“FMV”), a boutique business valuation and investment banking firm. During his nine years at FMV, Mr. Coleman opined on value and consulted to clients for the valuation of privately held business entities primarily for gift and estate tax planning purposes. Mr. Coleman specialized in the valuation of fractional interests in entities holding real property, marketable and illiquid securities, real estate assets, notes, and bonds, as well as direct interests in real estate. Mr. Coleman also performed valuations of operating companies in the manufacturing industry.
Formal Education
Master of Business Administration
University of Southern California, Marshall School of Business, 2012
Bachelor of Science, Business Administration
California Polytechnic State University, San Luis Obispo, 1999
Professional Affiliations
American Society of Appraisers
Accredited Senior Appraiser (ASA)
Continuing Education
Completion of the following courses offered by the American Society of Appraisers for the Business Valuation discipline:
Introduction to Business Valuation (“BV201N”) – Introduction to business valuation theory, research methodology, economic and industry analysis and the asset approach.
The Income Approach to Value (“BV202N”) – Exploration of the income approach to value in greater depth including the capitalization and discounted methodologies.
The Market Approach (“BV203N”) – Exploration of the market approach to value in greater depth including guideline public company and transaction methodologies.
Business Valuation Case Study (“BV204N”) – Case study valuation of an actual company using approaches, methodologies, and analyses examined in BV201N, BV202N and BV203N.
Recent Speaking Engagements
Ballard, Robinson, & Walker – “Evolution of Discounting Undivided Interests in Real Property and The Current State of Discount Valuations.” October 2007.