DeRico Experts-Conseils

What DeRico Experts-Conseils does

DeRico Experts-Conseils (legal entity: DeRico Experts-conseils s.e.n.c.) is a Quebec-based professional services firm specializing in appraisal and consulting for non-residential real estate assets. Founded in 2009 and headquartered in Quebec City, the firm operates four offices across the province (Quebec City, Rimouski, Thetford Mines, and Saint-Marc-des-Carrières) and employs approximately 44 people, including 17 or more chartered appraisers (Évaluateurs agréés, É.A.) holding AACI and ECCQ credentials. The practice is built around 13 core service lines, including real estate appraisal, due diligence, reserve fund studies, equipment appraisal, market and feasibility studies, expropriation, expert witness testimony, municipal assessment disputes, property tax management, cost consultation, and insurance reconstruction cost evaluation. The firm cites 90+ years of combined team experience and provides court-recognized expert witness services retained by major Quebec law firms for litigation, expropriation, and municipal assessment matters.

The business model is fee-for-service professional services, with project-based quoting tied to property type, complexity, and scope. Distribution is sales-led and direct: clients engage through phone, email, website inquiries, and in-person consultations, with no intermediaries or marketplaces. The customer base spans property owners and investors, real estate investment firms, financial institutions, legal firms, and public/parapublic organizations, with named enterprise mandates including CAPREIT, Whiterock REIT, Chartwell REIT, Centurion, GE, and Immostar for portfolio and acquisition due diligence across Quebec. The firm also invests in top-of-funnel brand-building through newsletters, a podcast ("De père en fils"), media appearances, and community/philanthropic engagement, reinforcing reputation-led client acquisition in the Quebec market.

Name

DeRico Experts-Conseils

Legal name

DeRico Experts-conseils s.e.n.c.

Website

https://drec.ca

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

DeRico Experts-Conseils is a Quebec-based chartered appraisal and consulting firm serving property owners, investors, REITs, financial institutions, law firms, and public organizations with non-residential real estate valuation, due diligence, expert witness, and property tax services across four provincial offices.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Appraisal and Consulting

NAICS

Offices of Real Estate Appraisers (53132)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Eminent Domain / Condemnation & Litigation Support Valuation (BPAJAKAJ)

akta.pro secondary industries

Real Estate Transaction Advisory & Due Diligence (FSAEAJAJ), Machinery, Equipment & Fixed Asset Appraisal (FSAEAHAK)

Keywords

• Commercial real estate appraisal
• Property valuation consulting
• Real estate due diligence
• Expert witness testimony
• Expropriation consulting

Headquarters

HQ city

Quebec

HQ country

Canada

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel

Revenue model

1. Professional Appraisal Services: One-time appraisal and valuation services for commercial, industrial, institutional, and multi-residential properties. Fees based on project complexity and property type.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

DeRico Experts-Conseils is a Quebec-based real estate appraisal and consulting firm that delivers a full suite of non-residential property services, including market value appraisals, acquisition due diligence, expropriation expertise, expert witness testimony, feasibility and market studies, equipment appraisal, and property tax management. The firm is staffed by chartered appraisers (Évaluateurs agréés, É.A.) and serves property owners, REITs, financial institutions, law firms, municipalities, and public organizations across Quebec.

Product overview

DeRico Experts-Conseils is a real estate appraisal and consulting firm offering a comprehensive suite of services for non-residential real estate assets. The company operates as a unified service offering organized around 13 core service areas: Real Estate Appraisal, Due Diligence, Insurance and Reserve Fund studies, Equipment Appraisal, Market Studies, Expropriation expertise, Real Estate Project Profitability Analysis, Expert Witness services for litigation, Municipal Assessment Disputes, Personalized Consultation, Property Tax Management, Cost Consultation, and Insurance evaluation. The services are delivered by a team of chartered appraisers (Évaluateurs agréés) and supported by analysts and technicians across multiple offices in Quebec.

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate Appraisal (Évaluation immobilière) Core real estate appraisal services for non-residential properties, providing market value assessments for sale, purchase, mortgage financing, and liquidation purposes. Delivered by chartered appraisers for property owners, investors, and financial institutions.
• Due Diligence (Vérification diligente) Independent due diligence services for major real estate transactions, including portfolio and building assessments during acquisitions, performed for institutional buyers and REITs.
• Reserve Fund and Insurance Studies (Assurance et fonds de prévoyance) Reserve fund studies and reconstruction cost calculations for insurance purposes, required every five years for co-ownership syndicates under Quebec Law 16 and 141.
• Equipment Appraisal (Évaluation d'équipements) Appraisal of equipment and heavy machinery for financing, insurance, liquidation, or court litigation purposes, led by chartered appraiser Mario Perreault, É.A.
• Market Studies (Études de marché) Feasibility and market studies that demonstrate the technical and economic viability of real estate development projects for investors, lenders, and developers.
• Expropriation Services Expertise in expropriation matters, including compensation assessment and negotiation for municipal, provincial, and federal acquisitions, developed on major files for various municipalities.
• Real Estate Project Profitability Analysis (Analyse de rentabilité de projet immobilier) Profitability and feasibility analysis for real estate projects, including best-use assessments and investment decision support.
• Expert Witness for Litigation (Témoin expert pour litige) Chartered appraisers recognized as expert witnesses for various courts in litigation, expropriation, and municipal assessment disputes, retained by major law firms across Quebec.
• Municipal Assessment Dispute (Contestation d'évaluation municipale) Municipal tax assessment dispute services, including negotiation and tribunal representation at the Administrative Tribunal of Quebec.
• Personalized Consultation (Consultation personnalisée) Customized consulting engagements for in-depth discussion of client needs and objectives in real estate matters, tailored to specific client situations.
• Property Tax Management (Gestion des taxes foncières) Property tax management services that proactively engage municipal evaluation services to ensure accurate assessments and reduce tax burden for property owners.
• Cost Consultation (Consultation en coûts) Cost consultation services for real estate projects, including construction cost monitoring and lien management to protect creditors and borrowers.
• Insurance Cost Evaluation (Assurances) Construction cost evaluation for insurance purposes, helping property owners obtain appropriate insurance coverage for buildings and improvements.

Named customers7 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Deloitte Real Estate Advisory: Big 4 advisory practice with real estate valuation, feasibility, and due diligence capabilities. Competes with DeRico for high-end Quebec transaction advisory, expropriation, and market study mandates, particularly those involving public/parapublic sector clients.
• Avison Young: Canadian-founded global CRE services firm offering valuation, investment sales, and advisory. Highly comparable to DeRico on Quebec CRE mandates for institutional and government clients, but with broader service breadth and international footprint.
• JLL: Global real estate services firm offering valuation, capital markets, and consulting. Competes with DeRico for Quebec institutional valuation and due diligence engagements, with significantly broader geographic and service line reach.
• Colliers International: Global commercial real estate services firm offering valuation, investment sales, and consulting. Competes with DeRico for Quebec institutional CRE mandates and broader due diligence work, but as part of a much larger multi-service platform.
• Cushman & Wakefield: Global CRE services firm with valuation and appraisal practices serving institutional investors. Competes with DeRico on Quebec commercial and multiresidential valuation mandates, particularly for REIT clients, but as part of a global full-service platform.
• CBRE Group: Largest global commercial real estate services firm, providing valuation and advisory services through CBRE Advisory. Overlaps with DeRico on institutional CRE valuation and due diligence for major acquisitions, though as one of many service lines.
• EY-Parthenon Real Estate Advisory: Big 4 strategy and transactions practice with real estate valuation and advisory services. Comparable to DeRico on transaction due diligence, feasibility studies, and complex real estate advisory work for institutional Quebec clients.
• BDO Canada: Canadian accounting and advisory firm with a dedicated valuation and real estate consulting practice. Overlaps with DeRico on equipment appraisal, business valuation, and transaction due diligence, particularly for mid-market Quebec clients.

Emerging players

• FirstService Corporation: North American provider of residential and commercial property services including real estate advisory. Partial overlap with DeRico on Quebec valuation and consulting for multiresidential and commercial assets, though primarily a property management-led platform.

Direct peers

• Altus Group: Canadian-headquartered provider of real estate data, valuation, and advisory services to commercial and investment clients. Directly comparable to DeRico as a CRE-focused valuation and consulting firm serving institutional investors and lenders, though operating at much larger scale and with proprietary data assets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DeRico Experts-Conseils