Director of Real Estate Valuation
In his position at GBX Group, 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 millions in value for both international and national organizations by analyzing legal contracts, investment agreements, state and local incentive contracts, disputed tax charges and commercial real estate proposals. Rich has experience in analyzing and managing valuation litigation, and has participated in closing multi-million 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.
For 10 years, Rich worked in various capacities for national developer and operator Forest City Enterprises, Inc. (n.k.a. Forest City Realty Trust), most recently as Director of Real Property Taxes. There, he managed property tax assessments, incentives, taxes and appeals for a portfolio containing 30 million square feet of retail and office space, 30,000 multi-family apartment units, and other properties in over 20 states.
Rich began his career in commercial real estate with Crown Appraisal Group in Columbus, Ohio, as a staff appraiser in 2002. Rich also served as a staff attorney with Karen H. Baurenschmidt Co. LPA 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 is a board member of Progress Through Preservation of Greater Akron. He has served as a personal finance volunteer at Junior Achievement of Greater Cleveland and as a pro bono consultant at Business Volunteers Unlimited. Additionally, he has volunteered in various capacities with King School PTA, West Akron Baseball League, the Chapel, and Cub Scout Pack 3075.
Rich earned his Bachelor of Science degree in business administration and finance from The University of Akron and his juris doctor (JD) from The University of Akron School of Law.