
Walter Pennell Cre Mai
Mr. Pennell retired in May 2023 and works part time as a tax consultant and appraiser having... | Greater Boston, Greater Boston, United States
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Walter Pennell Cre Mai’s Emails wp****@ca****.gov
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Walter Pennell Cre Mai’s Location Greater Boston, Greater Boston, United States
Walter Pennell Cre Mai’s Expertise Mr. Pennell retired in May 2023 and works part time as a tax consultant and appraiser having retired from the City of Cambridge Assessor office in June 2023. Mr Pennell career in real estate and consulting/ tax assessing covered a 45 year period from 1977 to 2023 He was most recently the commercial / industrial. and large multi family assessor for the city of Cambridge from 2014 to 2023 . He was, responsible for 35 B of taxable commercial properties mix use industrial and special purpose ( hotel , assisted living and Bed and Breakfast. he reviewed 500+ annual income and expense statements submitted by tax payers and college to establish mass appraisal models'. He tracked construction/new growth ,as required for certification by the Massachusetts Department of Revenue .. Mr Pennell routinely met with corporate tax advisors and, college representatives.. He helped the Director of Assessing with the commercial tax rate. and handled tax appeals and abatements He appeared as a expert witness before the Mass appelate and several courts of law . He sat on the Cambridge Board of Assessors and reported to the Massachusetts's Department of Revenue. Prior to Cambridge Mr Pennell was a Senior Vice President at Hunneman Appraisal and Consulting Company from 1983 to 2014. . In this capacity he appraised a wide variety of properties and range of clients including attorneys,, corporations , banks as well as federal and state agencies. Mr. Pennell appeared as a expert witness before the Massachusetts superior and probate courts, the Federal Bankruptcy Court and the Appellate Tax Board. He was an employee of several mass appraisal firms in the tri-state area from 1977 to 1980, worked at a regional bank as a review appraiser , and as a field supervisor at the Massachusetts Department of Revenue from 1981 to 1983 where he participated in review and certification of numerous communities . He is a member of the Counselors of Real Estate and the Appraisal Institute, and hold the following designations and sate license. • CRE • MAI and SRA. Massachusetts Certified General Real Estate Appraiser #386
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Commercial And Multi Family Real Estate Appraiser
Fri Aug 01 2014 00:00:00 GMT+0000 (Coordinated Universal Time) — Present