Class Valuation Establishes R&D Center in Downtown Denver

The historic DC Building at 518 17th Street in Denver, courtesy of Google Street View.

DENVERClass Valuation, one of the largest nationwide providers of real estate asset valuation and appraisal management solutions to the residential mortgage industry, has opened a new research and development center in Denver, to serve as the center for new innovation and technology that will support the real estate valuation process.

The new office is located in the historic DC Building at 518 17th Street. The company’s Troy, Michigan office remains the Corporate Headquarters, while this new facility will serve as a satellite location for the technology and innovation teams.

“For the financial services industry, we know change is knocking at the door. Our goal is to lead and define the change that will ensure our lender partners’ long-term success,” said Class Valuation Chief Innovation Officer, Scot Rose. “We know this will require dedication and investment, and we are committed to bringing new, innovative processes and products to market. Our investment in this new research and development center is a testament to that commitment.”

“The team we are assembling will focus on advancing our technology ecosystem to support our long-term goals. This ecosystem will be complemented by breakthrough technology solutions unlike anything the valuation space has seen before. Ultimately, we plan to create sustainable, long-term solutions for lenders that will ensure homebuyer satisfaction. That’s a mission we will accomplish,” said Michael Detwiler, CEO of Class Valuation.

in 2016, owner Unico Properties LLC, completed capital improvements to the DC Building, a 231,454-square-foot, 24-story office tower, formerly known as the Denver Club Building.

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