Babak Sammak is a senior vice president with Kidder Mathews Valuation Advisory Services group based in San Diego, California. Babak is a state certified appraiser licensed in California, Arizona, and Nevada. With a strong background in commercial real estate valuation, Babak brings extensive expertise to his role. Prior to joining Kidder Mathews, Babak was a vice president and senior appraiser with CBRE (2019-2024) and senior appraiser at Colliers International (2009-2019). Babak was responsible for performing and reviewing appraisal assignments, market studies, and rent comparability studies (RCS) and managing professional staff. At CBRE, he co-led the Southern California Affordable Housing group. Prior to Colliers International, Babak was an appraiser and research analyst with CBRE in San Diego. Babak specializes in the valuation of market-rate and affordable multifamily properties including appraisals, market studies and rent comparability studies (RCS). Users include financial institutions, Fannie Mae/Freddie Mac, HUD, USDA RD, and California Tax Credit Allocation Committee (TCAC). Geographically, Babak has focused on Southern California and periodically in the greater Western United States.
Candidate for MAI designation and member of the Appraisal Institute. As of the current date, Babak has completed the requirements of the continuing education program of the Appraisal Institute.
Bachelor of Arts, UC San Diego
Certified General Real Estate Appraiser in California, License #AG042976
Certified General Real Estate Appraiser in Arizona, License #CGA-32321
Certified General Real Estate Appraiser in Nevada, License #A.0208346-CG
Certified General Real Estate Appraiser in Washington, License #24016384
Certified General Appraiser in Oregon, License #C001657
Atmosphere: The valuation of a proposed 205-unit affordable multifamily property in San Diego
Windsor Gardens: The valuation of a 132-unit affordable multifamily property located in Escondido
Amberwood Apartments: The valuation of a 133-unit multifamily property in Fallbrook
Heatherwood: The valuation of a 155-unit multifamily property located in La Mesa
Bella Vista: The valuation of a 180-unit affordable multifamily property in San Diego
Glenbrook Terrace Apartments: The valuation of a 165-unit multifamily property
San Diego Square: The valuation of a 156—unit multifamily property restricted to low-income seniors
Park 12: The valuation of a 710-unit multifamily property located in San Diego adjacent to Petco Park
Belmont Station: The valuation of a 275-unit multifamily property in Los Angeles comprised of market-rate and affordable units
Westminster Towers: The valuation of a 285-unit multifamily property restricted to low-income seniors in Santa Monica
Sunset Ridge: The valuation of an 800-unit multifamily property restricted to low-income residents in Lancaster
Hawaiian Gardens: Rent Comparability Study (RCS) of a 264-unit property in Hawaiian Gardens
Plymouth West Apartments: A valuation of a 196-unit multifamily property restricted to low-income seniors in Long Beach
Kings Villages: A valuation of a 131-unit multifamily property in Pasadena restricted to low-income residents
Fountain Park at Playa Vista: The valuation of a 705—unit multifamily property in Playa Vista comprised of market-rate and affordable units
American Gold Star: The valuation of a 348-unit multifamily property located in Long Beach restricted to low-income seniors
Hollypark Knolls: The valuation of a 348-unit multifamily property in Inglewood
Park Paseo: The valuation of a 196-unit multifamily property restricted to low-income seniors in Glendale
Providence Gardens: The valuation of a 200-unit multifamily property restricted to low-income seniors in Long Beach
Chase Knolls: The valuation of a 401-unit multifamily property located in Sherman Oaks
Vello Valley: The valuation of a 172-unit build-to-rent SFR property in Lancaster
Cypress Place at Garden City: The valuation of a proposed 150-unit USDA affordable housing property in Oxnard