Chicago & Midwest + Downtown + Finance | March 25, 2021

CBRE Adds Property Tax Specialist to Chicago Team

CBRE has hired Philip Penner in its Chicago office as director of property tax services. Penner will help clients achieve optimal property and transaction tax results by providing expert tax strategies while executing property and transaction tax appeals and abatements.

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.

For the past three years, Penner served as the first assistant commissioner at the Cook County Board of Review. He brings more than 30 years’ experience in 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.”

Pictured: Philip Penner.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).