Carlo L. Batts

CARLO L. BATTS, MAI
Carlo L. Batts, Principal of Rittenhouse Appraisals, proudly leads the firm with a hands-on approach to
service, providing a thorough analysis of real estate assets or projects for each client.
With a degree in urban planning and real estate urban land development from Virginia Commonwealth
University, Carlo has over twenty years of real estate experience, fifteen of which have been dedicated to
appraisals in the commercial real estate industry. His foundation for appraising began while working with
Wilmington Trust Company (now M&T Bank), which was the largest lender in the Philadelphia Federal
Reserve until being acquired by M&T Bank of New York.
Carlo is a designated member of the Appraisal Institute and is actively engaged with the local chapter,
currently serving as the Chapter’s President. He is on the Boards of the Philadelphia Chapter of the
African American Real Estate Professionals, and Lambda Alpha International (LAI) Philly, and is a member
of Building Industry Association of Philadelphia and CREW Greater Philadelphia. Carlo currently serves on
the Special Committee on Diversity, Equity, and Inclusion for The Appraisal Foundation, and also sits on
the Philadelphia Home Appraisal Bias Task Force.
Recent speaking engagements have been with the Urban League Real Estate Club, Philadelphia
Multifamily Summit, LAI Philly, and Bucks County Realtors Association. He was also recently appointed to
the Housing, Planning, and Development Transition Sub-Committee of Philadelphia. Carlo is also on Built
by Philly, a platform for BIPOC entrepreneurs, and has been a featured source for Yahoo! Finance.

Carlo L. Batts, MAI is the Principal of Rittenhouse Appraisals; a regional commercial real estate valuation firm based in Center City Philadelphia. Carlo has been appraising commercial real estate for over ten years and has been involved in the real estate industry for over twenty.

Carlo is a member of the Appraisal Institute and is actively engaged with the local chapters of the Institute. His foundation for appraising began while working with Wilmington Trust Company (now M&T Bank), which was the largest lender in the Philadelphia Federal Reserve until being acquired by M&T Bank of New York. He has provided valuation services to a range of clients and has valued a variety of commercial, institutional and investment grade properties. In addition, he has appraised a wide variety of privately owned commercial properties and numerous publicly owned/institutional properties.

"At Rittenhouse Appraisals, our in-depth local market knowledge allows us to better serve our clients with relevant data that is critical to their property. Our streamlined process is efficient and easy to follow, and our reports include only useful, necessary information with no fluff. Our formats are consistently up to date, our reports are always accurate, concise and easy to read, within budget and to the highest quality standards."