James DePasquale brings to DePasquale, Kelley & Company more than 30 years of experience in the real estate profession. For five years, he was director for a senior housing development and management company where he was responsible for the oversight of two senior facilities. For five years prior to forming DePasquale, Kelley & Company, Mr. DePasquale set new performance standards at a prominent national property tax consulting firm, where he was the primary executive responsible for new business development and client management for the State of California as well as national portfolios.
During his employ at the national firm, Mr. DePasquale managed approximately $5 billion in real estate and personally directed the assessment appeal process and administrative matters for his clients. His responsibilities also included directing the evaluation of tax credit issues for low-income housing, possessory interest matters, pre-acquisition tax estimates, and compliance.
As Director of Business Development for DePasquale, Kelley & Company, Mr. DePasquale is primarily responsible for client development and management. Presently, Mr. DePasquale manages over $20 billion in real estate nationally involving such matters as complex change in ownership reappraisals, going concern/intangible valuations, split reappraisals, general property tax planning minimizing Proposition 13 base year assessments, taxable possessory interests, and personal property compliance. In addition, Mr. DePasquale directly administrates welfare exemption claims for affordable housing.
Mr. DePasquale has advised on a number of multi-billion dollar mergers and acquisitions reconciling taxable versus transactional valuations, minimize impact of transfer tax, minimize sales tax on tangible personal property, and insure assessments ultimately reflect only statutory valuation parameters for real and personal property.
Change in ownership issues, reappraisal issues of mergers and acquisitions, land development analysis, residential land tract administration, business enterprise valuations, pre-acquisition tax estimates, personal property compliance, and affordable housing.
California State Polytechnic University
Bachelor of Science, Business Administration
Finance, Real Estate and Law, 1988