C&W offering new property tax service.Cushman & Wakefield announced it has become the first real estate services firm to develop an approach to managing property tax liabilities for large corporate and institutional property owners that integrates technology, valuation and legal expertise into one solution. Executive managing director Frank Liantonio said the firm has taken a three-pronged approach to providing property tax services integrating: * Web-enabled property tax software from ePropertyTax, Inc. * Property valuation expertise from Cushman & Wakefield and * Legal strategy and advice from local tax counsel, through an association Cushman & Wakefield has with a network of tax attorneys. Cushman & Wakefield's nation commitment to the business came in the form of an investment in ePropertyTax, the developer of Property Tax Office, the first and only Web-enabled property tax management system, in early 2001. ePropertyTax received additional funding earlier this year from Constellation Constellation, ship Constellation (kŏnstĭlā`shən), U.S. frigate, launched in 1797. It was named by President Washington for the constellation of 15 stars in the U.S. flag of that time. Real Technologies, the leading consortium of major REITs, institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. and property owners in the U.S., whose members own approximately $70 billion of real estate of all major property types and include the three largest public real esstate companies by market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. . ePropertyTax currently processes property tax information on more than $48 billion in real estate assets, and its clients include eight of the 16 largest REITs. For additional information visit the firm's web site at www.epropertytax.com. Cushman & Wakefield's propertax clients include Ford Motor Co. and other major corporate and institutional players. Cushman & Wakefield can deliver a turnkey See turnkey system. approach, that combines the ePropertyTax platform, with Cushman & Wakefield's property expertise, and a network of tax certiorari certiorari In law, a writ issued by a superior court for the reexamination of an action of a lower court. The writ of certiorari was originally a writ from England's Court of Queen's (King's) Bench to the judges of an inferior court; it was later expanded to include writs law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
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