Services

Valuation/Tax

CRESCO professionals assist clients with quantifying current value of real estate as well as projecting its future performance and potential. Together, the CRESCO and Cushman & Wakefield team offers an unparalleled combination of market knowledge and data resources, experienced valuation and advisory professionals, and strategic property tax insights. The CRESCO/Cushman & Wakefield team helps owners and tenants determine fair and accurate assessments and taxes on real property, personal property and `inventory in Ohio and across the nation.

Richard A. Morehouse, J.D.

Director | Valuation & Advisory – Property Tax Services

Phone: 216.525.1476
Richard.Morehouse@cushwake.com

Rich Morehouse joined Cushman & Wakefield of Ohio, Inc. in January 2015 as Director of Property Tax Services within the Valuation & Advisory Group. He is based out of the Cleveland office of Cushman & Wakefield’s alliance partner, CRESCO Real Estate. Mr. Morehouse’s responsibilities include identifying, capturing and executing property tax and assessment management and valuation opportunities, assessment review, appraisal, property valuation, litigation management and providing outstanding customer service.

Education

• University of Akron – Graduated 2010 Degree: Juris Doctorate – School of Law
• University of Akron – Graduated 2000 Degree: Bachelor of Science – Business Administration/Finance

Experience

Mr. Morehouse managed property tax assessments, taxes and appeals for Forest City Enterprises Inc.’s mall, office, multi-family and other properties covering over twenty states for nearly ten years. He valued properties for property tax forecasts, assessment appeals, and internal analysis for various purposes in support of accounting, lease administration, property management, leasing, finance, legal, tax and asset management activities. He also managed property tax incentives, as well as compliance and transfer tax activities. Mr. Morehouse worked collaboratively with assessors or appeared before appeals boards in Ohio, Michigan, Pennsylvania, Illinois, North Carolina, Maryland, Virginia, West Virginia, Colorado, and Florida.
Mr. Morehouse began his real estate career with a regional appraisal firm in Columbus, Ohio in 2002, appraising various sizes and scales of retail, office, industrial, multi-family, senior housing, owner/user and investment properties in many states across the United States. Mr. Morehouse was also an associate attorney with Karen H. Bauernschmidt Co., LPA in Cleveland in 2013.

Affiliations & Community Involvement

  • Certified General Real Estate Appraiser: Ohio – 4763
  • Admitted to the State Bar of Ohio
  • Associate Member, Institute for Professionals in Taxation (IPT)
  • American Bar Association
  • Ohio State Bar Association

Mr. Morehouse has presented on valuation topics at IPT Property Tax Symposiums and has given presentations on property tax issues at the Ohio Tax Conference, to BOMA Greater Cleveland, Ohio BOMA, and the Cleveland IPT Luncheon Group. He has also been a guest lecturer on real estate appraisal at the University of Akron School of Law. Additionally, Mr. Morehouse has appeared and testified before the Ohio House of Representative’s Ways and Means Committee in support of property tax reform.

Teresa D. Simone

Associate Director | Valuation & Advisory

Phone: 216.525.1489
Teresa.Simone@cushwake.com

Teresa Simone joined Cushman & Wakefield of Ohio, Inc. in May 2015 as an Associate Director within the Valuation & Advisory Group. She is based out of the Cleveland office of Cushman & Wakefield’s alliance partner, CRESCO Real Estate.

Education

• Ohio University – Graduated 2001
– Degree: Bachelor of Science – Communications

Experience

Ms. Simone began her real estate career with a regional appraisal firm in Akron, Ohio in 2010, appraising various sizes and scales of retail, office, multi-family, owner/user and investment properties.

Memberships, Licenses & Professional Affiliations

  • Certified General Real Estate Appraiser: Ohio – 2014000274
  • Candidate for Designation, Appraisal Institute

Stacey L. Cantola

Associate Director | Valuation & Advisory

Phone: 216.525.1465
Stacey.Cantola@cushwake.com

Stacey Cantola joined Cushman & Wakefield of Ohio, Inc. in October 2015 as Associate Director within the Valuation & Advisory Group. She is based out of the Cleveland office of Cushman & Wakefield’s alliance partner, CRESCO Real Estate. Ms. Cantola has valued numerous property types throughout Ohio, including multi-family, industrial, office, retail, land and mixed-use properties.

Education

• Maxine Goodman Levin College of Urban Affairs, Cleveland State University
– Degree: Master of Urban Planning, Design & Development – 2004

• Maxine Goodman Levin College of Urban Affairs, Cleveland State University
– Degree: Bachelor of Urban Studies – 2000

Experience

Prior to joining Cushman & Wakefield in 2015, Ms. Cantola began her career as an appraiser in 2002. Most recently she was a Senior Analyst with a national appraisal firm since 2009. Career experience includes preparation and review of commercial and residential real estate appraisals, litigation appraisal support, feasibility studies, market studies and consultation. Primary experience encompasses a wide variety of property types including multifamily, mixed-use, office buildings, retail centers, net-leased properties, industrial facilities, vacant land, high-value residences, adaptive reuse projects, and low-income tax credit-housing. Reports have been completed for governmental bodies, including the General Services Administration (GSA), states, cities and school districts, financial institutions, property owners, and attorneys.

Memberships, Licenses & Professional Affiliations

  • State of Ohio Certified General Real Estate Appraiser: Ohio – 2005016446
  • Candidate for Designation, Appraisal Institute

Call us today at 216.520.1200 to find out more about how we can help you.