Andrew Lines
MAI, CRE, Principal, Valuation Advisory Services

Andrew R. Lines is a principal in CohnReznick’s Valuation Advisory Services group where he specializes in Real Estate, Affordable Housing, Cannabis and Renewable Energy.  Andrew leads a group of appraisers across the country performing valuations on a wide variety of real estate property types including residential, commercial, industrial, hospitality and special purpose properties: landfills, waste transfer stations, marinas, hospitals, universities, self-storage facilities, race tracks, CCRCs, and railroad corridors.  Affordable Housing experience includes Market Studies, Rent Compatibility Studies, and Feasibility Analysis for LIHTC and mixed-income developments. Cannabis assignments have covered cultivation, processing and dispensaries in over 10 states, including due diligence for mergers and acquisitions of multi-state operational and early stage companies.  Renewable Energy assignments have included preparation of impact studies and testimony at local zoning hearings in eight states.

He is experienced in the valuation of leasehold, leased fee, and partial interests and performs appraisals for all purposes including financial reporting (GAAP, IFRS, IRC), litigation (including Eminent Domain), and gift/estate planning. Andrew is a State Certified General Real Estate Appraiser in the states of Illinois, Indiana, Wisconsin, Maryland, Georgia, Florida, Ohio, New York, New Jersey, Arizona, Kentucky and the District of Columbia. 

Before joining CohnReznick, Andrew was with Integra Realty Resources-Chicago Metro, starting as analyst support in 2002 and leaving the firm as a director in late 2011. His real estate experience also includes administration for the residential multifamily REIT Equity Residential Properties Trust (ERP), in the transactions department, where he performed due diligence associated with the sale and acquisition of multi-family properties and manufactured home communities.


BFA, Syracuse University

Professional Affiliations 

Appraisal Institute, Designated Member

Andrew Lines

Office | 312-508-5900

Chicago, IL

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