A History of Leadership for a Future of Success

The Foster Company has a history of leadership in the real estate industry, conducting research, spotting trends, and identifying opportunities for both public and private sector clients. Experience with virtually every type of property combined with exposure to complex business, legal, and environmental issues has prepared The Foster Company to succeed in real estate projects large and small.

The Foster Company was founded in 1925 as a real estate and insurance company. For three generations, it has advanced in professional capabilities, creating a balance of expertise with experienced people, refined skills, and proven performance.

From industrial reuse analysis to determining the income potential for a proposed office complex to assisting with in-depth taking projects, The Foster Company combines analytical techniques with practical application to provide timely, cost-effective, factually based solutions for our client's real estate needs.

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Service Area: Massachusetts and surrounding New England states.

Meet The Foster Company Team

Our goal is to provide you with the very best appraisal and consulting services.

The Foster Company is composed of professional staff prepared to meet our clients' needs. The following is our core staff. In addition, we collaborate with numerous industry experts who add additional depth of staffing and unique specializations. All of our staff are readily available to ensure your appraisal projects exceed your expectations.

Allan Foster

President, MAI, CRE, CCIM

Allan builds on a foundation of being raised as the third generation in a real estate and insurance business. He joined the company full-time in 1980 and brings a full perspective of property ownership, permitting, development, finance, appraisal, brokerage, management, insurance, and entrepreneurial skills. Communication skills have been honed through years of marketing, negotiating, management, and public speaking. These skills are central to his role as president of the company and in the effective completion of his own assignments.

Kenneth Croft III, Esq.

Vice President

Ken has been a real estate appraiser and consultant since 1984. He has wide experience in the appraisal of real estate that ranges from multi-million dollar oceanfront estates and residential land suitable for subdivision, to apartment buildings, shopping centers, office buildings, industrial buildings, and mill complexes, as well as land suitable for commercial development. Mr. Croft has worked in each of the six New England states, as well as in New York and beyond.

Francis Army

Senior Appraiser, MAI

Frank has worked in the real estate profession for over 20 years. His experience began as a broker in 1996 and then as a property tax consultant. This background gives him invaluable experience from residential to commercial-industrial and special purpose property. Equally important is his insight into markets and the individuals that make deals happen. Mr. Army has worked with clients from property owners to lenders, the government, and some of the largest REITs in the country. As an appraiser, Mr. Army’s ability to understand real estate markets and the people who make them brings an unusual depth of understanding to our clients.

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Kevin Sullivan

Appraiser

Kevin Sullivan started his real estate career as a real estate broker in 2004. Mr. Sullivan’s career evolved with him gaining experience in property valuation. He initially worked in residential appraisal and found that commercial appraisal work suited him best. He has been a real estate appraiser and consultant since 2018. Properties he has valued include commercial and industrial facilities, retail, multi-family, condominiums and single-family housing, mixed-use, restaurants, office buildings, and vacant land for all use types.  His years of full-time employment in the real estate field lend an astute perspective and successful performance to Mr. Sullivan’s appraisal and consulting assignments.

Vanessa Epro

Office Manager & Senior Research Associate

Vanessa joined the Foster Company in 2016. Her background in real estate sales, financial accounting, and business administration give Vanessa a strong foundation with firsthand experience in the real estate profession. She is an integral part of our appraisal team, managing our finance and human resource functions, and offering support to appraisers through public records research, document procurement, and enhancing visual exhibits. Vanessa is the company contact for billing, documents, and support.

​We are growing! If you know someone interested incommercial appraisal work, please send them our way!