Daniel J. McGrath joins Hilco Real Estate Appraisal as Managing Director of new fixed asset tax optimization services practice

Todd Haney, CEO of Hilco Real Estate Appraisals, LLC, announced the appointment of Daniel J. McGrath as a Managing Director within the firm’s Property Tax Division.  Mr. McGrath will lead a team in building a fixed asset services practice, principally focused on helping real estate owners understand and devise strategies to improve their federal tax position.  Among the fixed asset portfolio services to be provided are cost segregation studies, repairs analyses, depreciation studies and general policies and systems reviews.

Mr. McGrath will be based in Chicago, the global headquarters of Hilco Appraisal Services, LLC, the parent company of Hilco Real Estate Appraisals. He will work with clients throughout the United States.

Prior to joining Hilco, Mr. McGrath was the Midwest Region Practice Leader and National Quality Assurance Leader for the fixed asset services group at a major public accounting firm.  Prior thereto, he was the Central Region Leader of Cost Segregation Services for another major public accounting firm.

Todd Haney, CEO of Real Estate Appraisals, said, “We welcome Dan with great enthusiasm.  He brings our firm a wealth of knowledge and experience in a field of growing importance considering the complexities of our federal laws as regards the taxation of fixed assets.”

About Hilco Appraisal Services, LLC

Hilco Appraisal Services [www.hilcoappraisal.com] specializes in appraising and assessing the market value of inventory, machinery and equipment, intellectual property, full enterprises and Real Estate at the manufacturing, wholesale/distribution and retail levels.  The company also provides financial reporting and compliance valuations as well as dispute resolution support.  Hilco Appraisal Services customers may be lenders, private equity and hedge funds, lawyers, investment banks, governments and general corporate entities that must establish the market value of business assets as collateral for financings, merger and acquisition transactions or for accounting, reporting, compliance and tax matters.  Hilco Appraisal Services employs more than 150 professionals and serves the global marketplace from offices in key business centers throughout the United States, Brazil, Canada, Mexico and the United Kingdom. 

Hilco  Appraisal Services is a unit of Northbrook, IL-based Hilco Trading, LLC, [www.hilcotrading.com] a privately-held, diversified financial and operational services firm whose principal business is to help clients create more value for their corporate assets through an international platform of acquisition, disposition, valuation, financing and consulting business units.

Contact Information:

Daniel J. McGrath

Managing Director

Hilco Real Estate Appraisal, LLC

20 North Wacker Drive, Suite 2200

Chicago IL  60606

630.841.9796

dmcgrath@hilcorealestate.com