Todd Haney, CEO of Hilco Real Estate Appraisals, announced the appointment of Daniel J. McGrath as a managing director within the firm’s Property Tax Division. Mr. McGrath will lead a team in building a fixed asset services practice, principally focused on helping real estate owners understand and devise strategies to improve their federal tax position. Among the fixed asset portfolio services to be provided are cost segregation studies, repairs analyses, depreciation studies and general policies and systems reviews.

“We welcome Dan with great enthusiasm. He brings our firm a wealth of knowledge and experience in a field of growing importance considering the complexities of our federal laws as regards the taxation of fixed assets.”

McGrath will be based in Chicago, the global headquarters of Hilco Appraisal Services, LLC, the parent company of Hilco Real Estate Appraisals. He will work with clients throughout the United States.

Prior to joining Hilco, McGrath was the Midwest Region Practice Leader and National Quality Assurance Leader for the fixed asset services group at a major public accounting firm. Prior thereto, he was the Central Region Leader of Cost Segregation Services for another major public accounting firm.