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PJ Cusmano | Colliers | Tampa

PJ Cusmano


Executive Vice President - Valuations

License # RZ2436

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Professional Summary

P.J. Cusmano, MAI, MRICS, is currently the Executive Managing Director of the Florida Region for the Colliers  Valuation & Advisory Services team, which includes professionals in Tampa, Orlando, Miami, Jacksonville, Ft. Lauderdale, Destin, and Sarasota. 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, and has extensive experience with all major property types, including multifamily residential, retail, industrial, office, hospitality/lodging, and agricultural. Specialized experience includes self-storage, manufactured housing communities, senior housing, healthcare, and special purpose properties.

Comprehensive 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 significant experience with various specialized financing programs utilized for these projects including FNMA DUS, Freddie Mac, Low Income Housing Tax Credits (LIHTC), SAIL, and USDA Section 538 programs.

Mr. Cusmano  is nationally known for his expertise with various FHA/HUD programs, including 221(d)(4), 223(f), full market studies, and preliminary market studies.

Mr. Cusmano is a state-certfied appraiser in Florida, Georgia, Alabama, Mississippi, South Carolina, North Carolina, Texas, New York, Virginia, Arkansas, Louisiana and Tennessee. He formerly served on Integra Realty Resources' Corporate Development and Marketing committees. He also  served on the Advisory Board for the FSU Real Estate Program’s committee for FSU’s annual Real Estate Trends and Networking Conference, as well as the Board of Directors for Bayshore Little League in Tampa, Florida.


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" -, 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." - Sancha Cromie,  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

"In my experience working with P.J., he has always been responsive and cordial in his interactions. It has been a pleasure having P.J. and company as a partner in our valuation services. I can confidently recommend P.J. for commercial real estate projects." - Lane Nelson,  Arvest Bank



Automobile Dealerships, Ground lease, Portfolios, Restaurants, Seniors Housing, Shopping Centres, Student Housing, Warehouses, Mixed-Use Properties, Bank REO, Bed and Breakfast, Distribution Centres, Golf Courses, Marinas, Self Storage

Service Lines

Valuation and Advisory

Property Type

Hotels, Industrial, Land, Office, Multifamily, Retail, Healthcare


Multifamily Valuation Group

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