We have a team of analysts who can engage with you directly. We combine the benefits of one-on-one communication with the backing of a team with many years of experience.

Val Despard


I founded Despard Analytics in 2014. 

We help commercial real estate brokers, investors and developers with custom financial analysis using Excel and Argus software.

We focus on industrial, multifamily, office, retail, hotel and self storage properties.

We have developed a library of Excel templates over the years that suit a variety of needs - our team uses these templates to serve CRE teams across the U.S.

I have found that every professional and team benefits from a unique approach.

I am based in Denver. You can reach me at val.despard@despardanalytics.com

Ellaine Irizarry

Chief Operating Officer

Ellaine joined Despard Analytics in 2022. 

Ellaine oversees Operations at DA, including client relationships, project management, recruiting, special projects, and new initiatives.

Please reach out to Ellaine if you would like to learn more about our initiatives!

Ellaine is based in Orlando. You can reach her at ellaine.irizarry@despardanalytics.com

Anna Xiao

Senior Analyst

Anna joined Despard Analytics in 2017. 

Anna has an accounting and finance background. Anna helps with senior level financial analysis (Excel, Argus and lease abstracts) as well as project management!

Anna is based in Denver. You can reach her at anna.xiao@despardanalytics.com

Howard Bick

Senior Analyst

Prior to joining Despard Analytics, Howard was a Production Analyst at Hunt Real Estate Capital working with two originators to help underwrite potential financings, create investment memorandums, manage their pipelines, and keep deals moving forward.


At Despard, Howard is a Senior Analyst working on Multi-Family, Office, Industrial, Development, Self-Storage, and Retail Properties. He's worked with Various Funds, Developers, Owner/Operators, Syndicators, Brokers, and Lenders to help put together Financial Underwriting Packages, Equity Waterfalls, Acquisition Packages, Custom Acquisition Models, ARGUS Runs, and various Asset Management tasks.


Howard is based in New York. You can reach him at howard.bick@despardanalytics.com

Iker Gorricho

Senior Analyst

Iker has almost 30 years of commercial real estate experience including acquisitions, due diligence, and asset management.  He has successfully completed over $1.37 billion in acquisitions that total over 14.9 million square feet. 

Asset classes include multi-family, new multi-family developments, industrial buildings and development, flex space, suburban office, downtown office, retail and retail development, regional malls, and mixed use development and redevelopment. Experience includes Argus DCF, Argus AE, pitch books, simple back of the envelop models, to preferred return models, IRR models with multi-level promotes and portfolio promote models.

Iker graduated Phi Beta Kappa with a B.A. in Finance and International Business from Florida International University and holds an M.B.A. from the McCombs School of Business at the University of Texas - Austin.

Iker is based in Florida. You can reach him at iker.gorricho@despardanalytics.com

Marc Harrison

Senior Analyst

Marc Harrison is based in Washington, D.C., and assists with Despard Analytics' underwriting services.

Previously, he was a Private Equity Associate at Safanad in New York, where he worked across acquisitions, asset management, and portfolio management functions. 

Marc holds a B.Sc. in Economics from the Wharton School, with concentrations in Finance and Real Estate. 

Marc is based in Virginia. You can reach him at marc.harrison@despardanalytics.com

Ariful Islam

Senior Analyst

Ariful has over 5 years experience in Real Estate. Performing Commercial Asset Valuation and Underwriting worth over $200 Billion for more than 200 properties. He has expertise in Due Diligence Analysis, Loan Review, and Lease Abstract Analysis.

Through his work Ariful has developed extensive knowledge in complex automated financial and accounting software systems that include Underwriting models for short/long-term strategy development.  

Ariful holds an MBA in Finance from the American International University - Bangladesh.

Ariful is based in Dhaka. You can reach him at ariful.islam@despardanalytics.com