Class Valuation acquires Allstate Appraisal

Class Valuation, a leading real estate appraisal management company (AMC) headquartered in Troy, Michigan, announced on August 18, 2026, that it has acquired Allstate Appraisal, one of the nation's longest continuously operating valuation firms. Founded in 1959 in Chicago Heights, Illinois, Allstate Appraisal brings over six decades of experience in delivering valuation and review services to lending institutions, mortgage insurance companies, government entities, law firms, and other organizations nationwide. As part of Class Valuation, Allstate Appraisal will continue operating with its experienced team while gaining access to Class Valuation's technology platform, national infrastructure, and expanded suite of valuation solutions. The acquisition strengthens Class Valuation's ability to support clients with residential and commercial valuation services, appraisal review, litigation support, and specialized valuation needs. The deal reflects Class Valuation's broader vision of bringing together established valuation firms whose expertise and client relationships complement the organization. John Fraas, CEO of Class Valuation, and Steven S. Albert, president of Allstate Appraisal, both expressed confidence in the partnership, emphasizing continued quality and expanded capabilities.