Chicago – March 24, 2021 – CBRE has hired Philip Penner to its Chicago office as director of property tax services. In this role, Mr. Penner will help clients achieve best-in-class property and transaction tax results by providing expert tax strategies while executing property and transaction tax appeals and abatements.
Mr. Penner is part of a national expansion in tax Property & Transaction Tax Services for CBRE-Valuation & Advisory Services. His tax appeal and incentive services apply to any property type.
Based in Chicago, Mr. Penner will work with John Konrath, Managing Director for CBRE Valuation and Advisory Service’s Midwest Division, to expand CBRE Property & Transaction Tax Services in Cook County and the greater Midwest. For the past three years, he served as the first assistant commissioner at the Cook County Board of Review. He brings over 30 years of real estate valuation and tax assessment experience to the position.
“Phil brings an exciting combination of talents to this role,” said Mark Whitney, national director for CBRE’s Property & Transaction Tax Services. “His deep knowledge of local tax statutes, industry relationships, and strong financial background will be a tremendous asset to clients.”
CBRE’s Property Tax Services professionals are the preeminent real estate tax advisory specialists in the country, offering clients unique perspectives on property tax services through access to the largest and most valuable proprietary data and intelligence in the industry.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2020 revenue). The company has more than 100,000 employees serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.