PJ Cusmano

PJ Cusmano


Executive Managing Director

License # RZ2436

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Professional Summary

P.J. Cusmano, MAI, MRICS, is currently the Managing Director of the Central Florida offices of Colliers International Valuation & Advisory Services located in Tampa, FL. Mr. Cusmano has been actively engaged in real estate valuation and counseling since 1996. He has prepared appraisal reports for a wide variety of clients. His experience includes analysis and appraisal of all types of real estate, including residential, retail, office, agricultural, industrial, and special purpose properties, among others.

Mr. Cusmano has extensive specialized expertise in multifamily properties, specifically conventional apartment communities, affordable housing communities, condominium and townhouse projects, and student housing. Aside from conventional financing, he has experience with various specialized financing programs utilized for these projects including FNMA DUS, Freddie Mac, Low Income Housing Tax Credits (LIHTC), SAIL loans, HUD/MAP, FHA and USDA Section 538 programs.

Mr. Cusmano is a state-certfied appraiser in Florida, Georgia, Alabama, Mississippi, South Carolina, and Illinois. He formerly served on Integra Realty Resources' Corporate Development and Marketing committees. He formerly served on the Advisory Board for the FSU Real Estate Program’s committee for FSU’s annual Real Estate Trends and Networking Conference. He also serves on the Board of Directors and is a volunteer coach for Bayshore Little League.


Honors & Awards

In 2007, Mr. Cusmano was presented with an Award for Associate Excellence from the Integra Realty Resrources Coprorate office. In 2008, he also received a Certificate of Appreciation from the Florida State University Real Estate Society for commitment to education and mentoring of students in the Florida State University Real Estate program. In addition, in 2009 he was recognized in Real Estate Florida Magazine's as a member of their "40 Under 40" list.

Articles, Publications, and Media Appearances

"Where are the Next Big Opportunities for Student Housing Development?" - Multifamily Executive Magazine, August 2007

"Multi-family's Health Will be Tested in 2008" - Commercial Mortgage Insight Magazine, December 2007

"Not Your Parents Student Housing" - www.globest.com, July 2012



Bachelor of Science – Florida State University, 1995, Major – Real Estate

Bachelor of Science – Florida State University, 1995, Major – Marketing

Mr. Cusmano has also successfully completed numerous real estate and valuation courses and seminars sponsored by the Appraisal Institute and other industry organizations.

Memberships & Involvements

Appraisal Institute, RICS


"P.J. provided appraisal and valuation on ING Real Estate Community Living Fund's Student Accommodation assets in Florida during the period 2006 - 2009. As the management of the Fund was based in Australia, there were often time zone inconveniences and time pressures in undertaking the work. P.J. always worked diligently to provide for our requirements, and the Fund relied heavily on his local knowledge. P.J. was great to deal with." - Senior Asset Manager - North American Portfolio - ING Real Estate

"P.J. Cusmano is a seasoned professional who understands his client's needs and works diligently to complete tasks timely and thoroughly. His knowledge of commercial real estate is strong and that knowledge shines through in his work product. He is personable and has a very high level of integrity. I would not hesitate to recommend P.J. and his company to anyone in need of their services." - John Savage - Managing Director/Director of Acquisitions at Directed Capital Resources


Automobile Dealerships, Ground lease, Portfolios, Restaurants, Seniors Housing, Shopping Centres, Student Housing, Warehouses, Mixed-Use Properties
Service Lines
Valuation and Advisory
Property Types
Hotel, Industrial, Land, Office, Multifamily, Retail
Multifamily Valuation Group

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