Providing Outstanding Real Estate Investment and Advisory Services

PetroGroup Realty Advisors, Incprovides outstanding services in the following areas:

The vision of the Commercial Real Estate Program is to be the “knowledge building blueprint” that provides the education necessary to build the professional skills which bridge the gap and increase worth between entry level students and advanced level practitioners in the area of commercial investment real estate. The Program consists of a series of seminar modules presented in various formats including one and two day 7 hour presentations, all based upon manuscripts, including published manuscripts, written by the author Joseph L. Petrole, CCIM, MAI. These manuscripts included “Essentials of Commercial Real Estate”, “Financial and Investment Analysis for Commercial Real Estate”, An Insider's Guide to Acquiring Commercial Real Estate and Mastering Commercial Real Estate Market Cycles and Building Wealth. Participants can either attend the 4 seminar program, attend a specific seminar, participate in Webinar Modules or purchase the manuscripts which are utilized in the seminars. The Manuscripts, Seminars and Commercial Real Estate Program are designed to be flexible enough for individual use, in a seminar series, for educational credit and general investment or licensing information."


Evaluations and Testimonials From Clients

…I had the pleasant opportunity to work with Joe Petrole on an eight figure appraisal and trial in the Federal Bankruptcy Court for the Southern District of Florida. Joe did a very good job in both the appraisal phase, pre-trail discovery phase and trial phase of the case. ...Joe’s professional demeanor, coupled with his thoughtful and insightful responses, caused Joe to be a very credible and persuasive witness…


Thomas R. Bolf, Esquire

Principal: Thomas R. Bolf, P.A.

…I have had occasion to work with Mr. Petrole in the past and have found him to be not only a competent appraiser, but a sophisticated witness in a trial proceeding…

Bernard S. Mandler, Esquire

Principal: Law Firm of Mandler & Silver

…Not only were we pleased with Joe’s work product, but we also received a number of complements regarding Joe’s work from outside our organization. The first came from the Capital Markets Group of Insignia; as they were establishing their team for national property marketing and finance, their analysts was unable to correctly input data and value the Bank of America Tower in Miami. We sent Joe to New York to work directly with Insignia’s analysts and he corrected the problem. His team oriented approach to the problem and his work resulted in the successful sale of this landmark property. On another occasion, Aztec made a presentation in partnership with Eastdil, arguably the most successful international investment banking firm in the world, to sell the Airport Corporate Park. While we did not receive the assignment, the President of Eastdil remarked that Joe has written the best market study he has ever read…


Thomas W. Duncan, COO

Aztec Group, Investment Bankers

Dear Joe: Congratulations superstar. What a job!


David A. Friedman, Esquire

Principal: Law Firm of Shapo, Freedman & Fletcher, PA

…..Mr. Petrole is technically astute…

Michael Y. Cannon, CRE, MAI, SRA

Principal: AREEA, National Real Estate Appraisal, Consulting & Brokerage Firm

…I was assigned to be Manager of the Special Projects area of the Appraisal Division, Coast Federal Bank. This responsibility meant that I would be in charge of hiring independent real estate appraisers throughout the United States to evaluate problem properties that Coast has in its portfolio. These would all be difficult assignments since most of the properties were economically impacted and located in areas far from our home base in California. …The problem properties that Coast had in Southern Florida were of major proportions such as shopping centers, office buildings and industrial complexes. In an active market, these assignments would have been difficult; in an economically depressed market, these assignments were near impossible. I found all my dealings with Joe Petrole to be reasonable and professional. The assignments were completed in a business like manner and his reports were extremely useful to Coast’s Legal and Asset Management departments. It was a good feeling to receive well documented and professional real estate appraisal reports on properties that we could not easily inspect and evaluate. I was in charge of the staff appraisers that read each and every independent appraisal report. Our staff indicated that reading a Petrole appraisal report was an educational experience and they learned what a well written, thoroughly documented, appraisal report should be like. We never hesitated to direct assignments to Joe Petrole when the issues were presented to us. …I am reluctant to recommend many appraisers since so many individuals whom I have known and seen their work have disappointed me. Yet with Joe Petrole, I feel that I am on very solid ground and I will not hesitate in my recommendations of his work. He is a true professional in every sense of the word. His reports are well written, through and logically justifiable. …


Albert Alcolumbre

VP, Manager of the Special Projects, Coast Federal Savings & Loan

…I have always been impressed by Joe’s professional attitude and quality performance. He has shown himself to operate on the highest level…

Allen C. Keiter, MAI.

Vice President, Barnett Bank

We have received and reviewed the marketability study and feasibility analysis you prepared on the Il Villagio (a super-luxury oceanfront condominium located in South Beach, Miami, FL]. The analysis was detailed and insightful. The finished report is a professionally prepared, unbiased third party opinion as to the value of the property, and the current state of the luxury condominium market. South Beach is a very dynamic market undergoing a great deal of change. We were impressed with your ability to narratively and quantitatively examine all the market forces currently taking place. In particular, the case studies on competing properties are so useful that we intend to incorporate some of this data into our own financing memorandum. 

It was a pleasure to work with professional who can produce a high quality work product and maintain agreed upon time schedules. We look forward to continued business between our respective firms. 

Very Truly Yours,

Manny De Zárraga

Managing Director, Holliday Fenoglio Fowler, National Real Estate Investment Banking Firm

Dear Joseph, “…The work you performed on our behalf in the Promenade [500,000 square foot shopping center] evaluation hearings, commencing with the preparation of the appraisals, was superior and the expertise and professionalism you showed during the course of the hearings as both a witness and advisor was outstanding…”


Edward Gadinsky

Principal, GADCO, a Shopping Center Development Firm