Patricia L. McGarr
MAI, CRE, FRICS, CRA, Principal, National Director - Valuation Advisory Services
As the National Director of CohnReznick Advisory's Valuation Practice, Pat McGarr provides market value appraisals of varied property types for acquisition, condemnation, mortgage, estate, ad valorem tax, litigation, zoning, and other purposes. She has been involved in the real estate business since 1980. From June 1980 to January 1984, Pat was involved with the sales and brokerage of residential and commercial properties. Her responsibilities during that time included the formation, management, and training of sales staff in addition to sales, marketing, and analytical functions. Of special note was her development of a commercial division for a major Chicago-area brokerage firm.
Since January 1984, Pat has been exclusively involved in the valuation of real estate. Her experience includes the valuation of a wide variety of property types including residential, commercial, industrial, and special purpose properties including such diverse subjects as quarries, marinas, riverboat gaming sites, shopping centers, manufacturing plants, and office buildings. She is also experienced in the valuation of leasehold and leased fee interests. Pat has performed appraisal assignments throughout Illinois and the Chicago Metropolitan area as well as Wisconsin, Indiana, Michigan, New York, New Jersey, California, Nevada, Florida, Utah, Texas, and Ohio.
Pat has gained substantial experience in the study and analysis of the establishment and expansion of sanitary landfills in various metropolitan areas including the preparation of real estate impact studies to address criteria required by Senate Bill 172. She has also developed an accepted format for allocating value of a landfill operation between real property, landfill improvements, and franchise (permits) value. Pat has qualified as an expert valuation witness in numerous local, state, and federal courts.
Pat has been appointed by Governor Pritzker to the State of Illinois Department of Financial & Professional Regulation’s Real Estate Appraisal Board and she currently serves as Chairman of the Board.
B.S, General Studies, North Park University
National Association of Realtors
Commercial Real Estate Executive Women (CREW)
International Right Of Way Association