David Walden Headshot

David R. Walden

Managing Principal
(312) 587-3224

David R. Walden, Managing Principal and co-founder of National Property Valuation Advisors, Inc., has been active in the real estate industry since the early-1990s. Under the continuing leadership of the four principals, the company has grown from a single office with three employees in Chicago to a national practice with a professional staff of over 70 and regional offices throughout North America.

Immediately preceding the company’s formation, Mr. Walden was employed by Koeppel Tener Real Estate Services, Inc. (KTR) as Vice President managing the Chicago branch of the Retail Services division. Mr. Walden was responsible for a wide range of valuation and consulting assignments involving institutional assets for major commercial banks, pension funds, and other similar clients. Further, as a Senior Analyst and member of the National Hospitality Group while employed by CB/Richard Ellis, Mr. Walden specialized in the analysis of large, high-profile office, resort, and hospitality properties.

Throughout his career, Mr. Walden has specialized in the analysis of under-performing and troubled assets, working with a range of institutional clients and providing real estate services on a national basis. Mr. Walden’s consulting experience includes feasibility, highest and best use analysis, loan underwriting, due diligence, and litigation support.


Indiana University
Bloomington & Indianapolis, Indiana

  • Graduated with a Bachelor of Science degree from the Kelley School of Business with a Finance-Real Estate Major

Numerous professional real estate-related courses offered by the Appraisal Institute and CCIM

Professional Affiliations & Designations

American Society of Real Estate Counselors

  • Counselor of Real Estate (CRE)
  • Former member of CRE Real Estate Issues Editorial Board
  • Midwest Chapter Chair

Fellow of the Royal Institute of Chartered Surveyors

  • Fellow (FRICS)

Appraisal Institute

  • Designated Member of the Appraisal Institute (MAI)

International Council of Shopping Centers (ICSC)

  • Associate Member

Urban Land Institute (ULI)

  • Associate Member

National Council of Real Estate Investment Fiduciaries (NCREIF)

  • Professional Member

CCIM Institute

  • Designated Member

Pension Real Estate Association (PREA)

  • Professional Member


General Certified Real Estate Appraiser

  • Currently licensed in multiple states