New York-based IPA 100 firm CohnReznick (FY24 net revenue of $1.15 billion) has announced that Kevin McNally has joined the firm as a tax partner in its commercial real estate practice. Based in Orlando, McNally will support the continued expansion of the firm’s real estate practice in Florida, with a focus on the central region of the state.
McNally brings deep experience advising developers, operators and investors on complex real estate tax matters, including partnership agreements involving preferred interests, promoted interests and capital account maintenance. His background also includes condominium development and homebuilding, acquisition and exit planning for bundled real estate portfolios, cost segregation studies, foreign inbound investment into U.S. real estate and qualified opportunity zones.
“Florida continues to be a hotbed for commercial real estate activity with significant transactional volume across multiple sectors such as multifamily, industrial, office, retail, and hospitality,” said Ron Kaplan, partner and commercial real estate industry leader at CohnReznick. “Kevin’s deep understanding of the dynamics of Florida real estate is exceptional and critical as domestic and foreign investment continues to pour into the state. I am delighted to have Kevin as part of our growing Florida commercial real estate team and look forward to the impact he will make for our clients and our firm.”
Prior to joining CohnReznick, McNally served as director of tax services at a Miami-based advisory and CPA firm. He previously worked in the tax practice of another Miami-based firm and began his career as a tax associate at a Big 4 firm.
