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Real Estate Veteran Rejoins Cushman & Wakefield

14.10.2020, 20:32

Real Estate Veteran Rejoins Cushman & Wakefield

Veteran real estate counselor P. Barton DeLacy, MAI, CRE, has rejoined Cushman & Wakefield as Executive Director in Valuation & Advisory after returning to the Pacific Northwest (PNW) from Chicago.

Delaney, who has run a boutique valuation consulting firm for almost a decade, will officially be based in Cushman & Wakefield’s Seattle office.  

In addition to more conventional appraisal assignments, his consulting practice centers on valuation counseling and expert testimony.  His services include land use impact studies, trust and estate valuations, damages modeling, property tax consulting, integrated business, personal and real property appraisals and counseling for non-profit businesses and institutions with real estate assets.

DeLacy’s seasoned perspective spans all North American geographies and touches virtually all property types. Previously a Senior Managing Director with Cushman & Wakefield in Chicago, DeLacy logged over 20 years as a partner or principal of fee appraisal and consulting firms in Portland, Oregon. From 1998-2002, he led the real estate consulting practice in the PNW region for Arthur Andersen LLP. DeLacy began his valuation career at an Oregon-based Savings and Loan.

His unique Renewable Energy Valuation specialty focuses on the real estate implications of electric power generated when using renewable fuels; i.e. wind, hydro, solar, biomass or other non-fossil resources.

DeLacy has maintained appraisal certifications in several states as well as California, Oregon and Washington. He holds a Masters in Urban Planning from Portland State University and a BA from Oregon’s Willamette University.  During his years in Chicago he served as President of the Illinois Coalition of Appraisal Professionals (ICAP) and has been active in outside civic organizations.

Jay Booth, MAI, CRE, Senior Managing Director and Region Lead for V&A at Cushman & Wakefield, comments, “We are happy to have Barton back with us. Barton’s role will be regional in nature, helping cover the PNW with regard to consulting, eminent domain, tax, litigation support, energy, and other unique aspects of our business.”

DeLacy adds: “I am honored to be able to work with Cushman & Wakefield once again; it truly is coming home. The firm is simply a leader in the industry, with an unmatched platform to better serve our clients.”

Los Angeles Regional Lead, Eric Garfield, MAI, CRE, says: “I have known Barton for many years through the Counselors of Real Estate ® and we are delighted to have him join our Dispute Analysis and Trusts and Estates Portfolio Valuation teams for the Pacific Northwest.”

Cushman & Wakefield’s Valuation & Advisory Group across the Americas consists of approximately 650+ professionals. The Group provides sophisticated advice on real estate equity and debt decisions to clients. Through a globally integrated platform the Group’s capabilities span valuation and advisory services relating to acquisition, disposition, financing, litigation, and financial reporting.

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Staff Reporter covers the latest news, trends and opinion from the facilities management (FM) and corporate real estate (CRE) sectors. The FM market is currently estimated to be worth USD 1 trillion annually and is projected to grow at a compounded annualised rate of approximately 5% between now and 2026.

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