Mr. MaRous, MAI, CRE, graduated from the University of Illinois at Urbana-Champaign with a BS in Urban Land Economics and shortly after began his career working with a Chicago real estate appraisal and consulting firm. He founded MaRous & Company in 1980. During his career, he has appraised all types of real estate located in more than 30 states reflecting a total value of more than $20 billion.
In addition to providing Appraisals, he has served as an expert witness in litigation proceedings for many financial institutions, local municipalities, corporations, builders and developers, architects, governmental agencies, law firms, and school districts in the Chicago metropolitan area. He also has provided cost estimates, highest and best use studies, and marketability and feasibility studies for a variety of properties. Mr. MaRous is the former Mayor of Park Ridge, Illinois.
MaRous and Company has appraised more than 10 billion dollars worth of primarily investment grade real estate in over 25 states. Mr. MaRous is a State of Illinois Certified General Real Estate Appraiser and past President of the Chicago Chapter of the Appraisal Institute. He has published articles and lectured to a number of professional organizations. His list of clients encompasses large corporations, law firms, financial institutions, local governments, and large owners of every property group.