Michael Allen

Current

• Principal and Northeast Region Leader, Commercial Property Tax, Ryan
  • Specializes in the valuation and appeals of going concern, complex, and investment-grade commercial real property.
  • Focuses primarily on appeals throughout Northeast and Mid-Atlantic states.
  • Recognized national expert in the valuation and assessment appeals for the hospitality, data center, and healthcare industries, as well as large office, retail, industrial, apartment, and special purpose properties.
  • Expert in the valuation of possessory interests and the mitigation of taxes payable at closing on real estate transactions.
  • More than 30 years of experience in the valuation of all types of commercial real property throughout the United States and Canada.
  • Expert in real property appeal opportunities in Europe.

Previous

• Managing Consultant for more than seven years, national property tax consulting firm, Washington, D.C. office
  • Built the largest property tax practice in the South-Atlantic market, representing a portfolio of more than $11 billion in local commercial real estate. 
  • Successfully appealed cases in every major jurisdiction in Maryland, Virginia, and Washington, D.C. 
  • More than $20 million in total savings achieved for both national institutional investors, as well as local property owners. 
  • More than 2,000 administrative appeals personally analyzed, prepared, and presented in Washington, D.C. alone.
  • Major tax reductions achieved for every major commercial property type, including hotels, multi-tenant and owner-occupied office and retail, conventional and subsidized apartments, industrial, manufacturing, special use, and possessory interests.
• Managing Consultant, Northern California region, national property tax consulting firm
• Senior Appraiser, large savings and loan bank
• Independent, State Certified Real Estate Appraiser and Consultant
• Special Counsel for International Tax Litigation, Washington, D.C. law firm

Current

• Member of several legislative task forces dealing with tax issues in Virginia and Washington, D.C.
• Washington, D.C. Metro AOBA/BOMA Tax Committee since 1998

Previous

• Governor Warner’s Task Force to reform Virginia taxes
• Institute for Professionals in Taxation Joint Task Force to California Assembly
• Washington, D.C. Council’s Select Committee: Reform the Board of Real Property Assessment Appeals

Mr. Allen lectures on various tax topics for Ryan’s clients and Ryan Professional Development Programs and Training. Additionally, he has appeared as a speaker for the following organizations and webinars:

• Council On State Taxation
• Tax Executives Institute, Inc. – St. Louis Chapter
• Virginia House of Delegates
• Washington, D.C. Board of Real Property Assessment Appeals
• Washington, D.C. Council
• Washington, D.C. Hotel Association
• Webinar: 2021 State of the Healthcare Industry (April 2021)
• Webinar: 2021 New York City Commercial Real Estate Assessment Challenges (April 2021)
• Webinar: 2021 State of the Retail Industry (March 2021)
• Webinar: Hotel Trends: Past, Present, and Future (April 2021)
• Webinar: For Bloomberg BNA, “Dark” Property
• Webinar: Valuation Issues for an Evolving Housing Market (August 25, 2016)
• Webinar: Northeast and Mid-Atlantic Commercial Property Tax Opportunities and Deadlines (December 14, 2015)
• Webinar: Tax as a Profit Center for M&A Transactions (February 19, 2014)
• Washington, D.C. Hotel Association

• Apartment and Office Building Association of Washington, D.C.
  • Member, Tax Committee
• California Alliance of Taxpayer Advocates
• California State Association of Real Estate Appraisers
• Institute for Professionals in Taxation
• National Association of Master Appraisers
• National Association of Real Estate Appraisers
• National Society of Environmental Consultants

• “European Property Tax Appeal Opportunities,” Ryan Newsletter (September 2021)
• “Assessors Continue to Reject Dark Store Theory Across the Country,” Ryan Newsletter (August 2021)
• “New Castle County, Delaware Revaluation Status Update,” Ryan Newsletter (August 2021)
• “Impact of Lack of CRE Lending on Property Tax Assessments and Taxes,” Ryan Newsletter (July 2021)
• “Pennsylvania’s State Tax Equalization Board Unable to Conduct Business,” Ryan Newsletter (June 2021)
• “The Return of the Foreign Buyer to U.S. Commercial Real Estate,” Ryan Newsletter (May 2021)
• “New York City Releases Tentative Assessment Roll,” Ryan Newsletter (January 29, 2021)
• “How Can the Hospitality Industry Survive Another Period of Vacancies?” Ryan Newsletter (December 2020)
• “Ugly as an Obsolescence,” BNA State Tax (March 2017)
• “Bloomberg BNA Insight: When Should You Use ‘Raw’ Capital Expenditures in the Valuation of Commercial Real Estate?” BNA State Tax Weekly (January 2017)
• "Microapartments, Whether Fad or Revolution, How Do You Value Them? Valuation Strategies (July/August 2016)
• “Tax as a Profit Center for M&A Transaction,” White Paper and Webinar (2014)
• “The Battle over Hotel Valuations: An inhospitable debate. Why can’t we agree on how to value a hotel?” Valuation Strategies(November/December 2013)
• “Tax Abatements for the ‘Children of the Cloud’,” State Journal of Taxation (2013)
• “Key Considerations for the Management and Minimization of Property Taxes for Medical/Healthcare Facilities,” State Journal of Taxation (2013)
• “Special Considerations for the Valuation of Hotels, Resorts, and Other Hospitality Properties,” White Paper, Ryan, LLC (2013)
• “Valuing Going Concern Properties for Ad Valorem Taxation–Where Do We Stand?” White Paper, Institute for Professionals in Taxation (2012)
• “Going Concern Property Transactions: The Necessity of Value Allocations,” Valuation Strategies, Thomson Reuters/RIA (2011)
• “Going Concern Property Transactions: Acquisition Analysis and Asset Price Allocation,” White Paper, Ryan, LLC (2011)
• “Commercial Real Estate Tax Management: The Importance of Valuation Modeling,” White Paper, Ryan, LLC (2010)