Director of Real Estate Valuation
Rich Morehouse works closely with architectural firms, development groups, and real estate research firms to analyze and support investment in historic buildings and communities.
A licensed attorney and certified general real estate appraiser, Rich has created value for both national and international organizations by negotiating legal contracts, investment agreements, state and local incentive contracts, and commercial real estate proposals. Rich has experience in analyzing and managing valuation litigation, and has participated in closing multimillion-dollar property investments and dispositions throughout the United States.
Prior to joining GBX Group, Rich served as Director of Property Tax Services (in the Valuation & Advisory Group) at Cushman & Wakefield of Ohio, Inc., where he oversaw operations and business development for the firm’s Ohio tax practice. In addition, he appraised real estate and provided data and analysis to brokers within CRESCO, Cushman & Wakefield’s Cleveland affiliate.
Rich worked in various capacities for national developer and operator, which included working with asset management, development, and finance leadership on valuation as well as property tax issues. Rich managed property tax assessments, incentives, taxes and appeals for a portfolio containing 30 million square feet of retail and office space, 30,000 multifamily apartment units, and other properties in over 20 states. Rich began his career in commercial real estate with a regional appraisal firm in Columbus, Ohio. Rich also served as a staff attorney with a small practice in Cleveland.
Rich has presented at the Institute for Professionals in Taxation, the Ohio Tax Conference, and the Building Owners and Managers Association of Greater Cleveland and Ohio. He has served as a guest lecturer at the University of Akron School of Law. Additionally, he has testified before the Ohio House of Representatives Ways and Means Committee in support of property tax reform. Rich currently serves as Treasurer and Finance Committee Chairperson for Progress Through Preservation of Greater Akron.
Rich earned his Bachelor of Science degree in Business Administration and Finance from The University of Akron and his JD from The University of Akron School of Law.