Acquired by Hillcrest Capital Partners in May 2003, Forsythe Appraisals, LLC is the largest independently owned residential real estate appraisal company in the country. Headquartered in St. Paul, Minnesota, Forsythe Appraisals was founded in 1940 by the grandfather of the Company’s current CEO and President. Forsythe Appraisals’ growth strategy has been to open new appraisal offices across the country, and the Company currently operates 35 branch offices nationwide, serving 19 states.