Don Guarino headshot

Don Guarino


Don Guarino, MAI, CRE, CCIM, FRICS is currently a Principal with NPV Advisors in Chicago, Illinois.  Prior to joining NPV Advisors, Don spent 19 years as the Vice President of Valuation and Research at Aegon USA Realty Advisors, LLC. In this role he was responsible for the management and oversight of the mortgage loan analysts, appraisers, and applied research group. Don also served as Aegon’s Director of Applied Research, providing timely reports for the Aegon mortgage loan portfolio and monitoring material changes in the portfolios composition and allocation from a geographic and credit perspective. Prior to joining Aegon, Don was a Real Estate Appraiser and Consultant for Bank of America in Los Angeles, California and Houston, Texas. Don received his BS in Real Estate and Finance from the University of Houston.


University of Houston
Houston, Texas

  • Graduated with a Bachelor of Science in Real Estate and Finance

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 the CRE Real Estate Issues Editorial Board
  • Former Editor in Chief of the Counselor Newsletter
  • Former Chairman of the Commutations Committee
  • Current Member of the Executive Committee

Fellow of the Royal Institute of Chartered Surveyors

  • Fellow (FRICS)

Appraisal Institute

  • Designated Member of the Appraisal Institute (MAI)
  • Former Member of the Board of Directors of the Iowa Chapter
  • Past Recipient of the “Swango Award”

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

  • Member

Pension Real Estate Association (PREA)

  • Professional Member


General Certified Real Estate Appraiser

  • Currently licensed in multiple states

Licensed Real Estate Broker in the State of Texas​