Milo F. Vale, Sr., began in the real estate business in 1916 in Gary, Indiana. He was part of the firm Kelly, Glover, and Vale. Milo was involved with real estate brokerage, appraisals, and property management. For a time early in his career, he took a hiatus from the business to serve in the U.S. Armed Forces in World War I in Europe. In the 1940's, Milo founded Milo F. Vale & Company. He passed away in 1983, but never formally retired. Milo F. Vale, Jr. (Mike), joined his father at Milo F. Vale & Company in 1953 after returning from living in Japan while working for an American import company from 1950-1953. Prior to that, he served the U.S. Armed Forces in World War II in Europe. In the early 1960's, Milo Jr. received the SRA designation from the former Society of Real Estate Appraisers. Soon thereafter, he focused his business efforts on development of commercial properties and appraising commercial and industrial real estate. During the 1960's and 1970's, He was involved in the development of several small retail properties, about a dozen office buildings, and the Jewel/Osco center in Crown Point, Indiana. In the 1980's, the core businesses of Milo F. Vale & Company were property management and real estate appraisal. In 1989, Milo Jr. expanded the appraisal business by training Debbie Morris and Jeff Vale to be his appraisal staff. Milo Jr. passed away in 1998.