Adam C. Cappel, Principal
Licensed Real Estate Broker
Prior to launching Equity Property Tax Solutions, Mr. Cappel served, along with Gary A. Appel Esq., as Senior Managing Consultant and Principal co-leading Paradigm Tax Group's Florida property tax practice. At Paradigm, Mr. Cappel oversaw and managed an annual appeal volume in excess of fifteen (15) billion dollars of real estate of various types throughout the State of Florida. Sample clients include REITs, pension funds and other institutional owners, national and international developers, and private real estate owners. Practicing principally in Miami Dade County, Mr. Cappel was also instrumental in growing the firm's Joint Condominium Appeal practice, representing over forty of Miami Dade County's premier condominium associations in the Value Adjustment Board appeal process.
Prior to Paradigm, Mr. Cappel was Vice President at Property Tax Adjusters, Inc. (PTA) having functioned in the same capacity prior to Paradigm's acquisition of PTA. Mr. Cappel was also co-Founder and President of CondoReports.com, a web-based condominium information service that is still active today. Mr. Cappel also previously held the position of Vice President of a Miami investment and merchant banking firm participating in equity and debt financing for residential developers in excess of $500MM in capital raises.
During his career, Mr. Cappel has been cited in numerous local and national publications including the New York Times, Daily Business Review, Investor's Business Daily, Multi-Housing News, Multifamily Executive, Inman News, South Florida Business Journal and The Miami Herald.
Mr. Cappel is and has been active with several charitable organizations in Miami including serving on United Way's Young Leadership Committee, the Greater Jewish Federation Young Leader Initiative (participant and past co-chair), and Greater Miami Chamber of Commerce Leadership Miami Program (participant and two-time facilitator). Prior to relocating to Miami, Mr. Cappel spent two years in full-time community service through AmeriCorps NCCC serving communities in the Western and Southeastern United States as both a Corps Member and Team Leader.
Mr. Cappel holds a MS in Finance from Florida International University earning the Best Student and Leadership awards and graduated summa cum laude and Phi Beta Kappa from Union College (NY) with a degree in Economics.
Sample significant representation assignments and Value Adjustment Board reductions
Major oceanfront property resulting in a single year Value Adjustment Board reduction of over $100 million in market value
Oceanfront residential condominium association resulting in a single year reduction of over $26 million in market value
Vacant industrial land portfolio in Miami Dade County obtaining a $14 million reduction in a single year
Florida portfolio of one of the largest neighborhood shopping center owners in North America.
West Dade regional shopping center obtaining a $6.5 million reduction in market value.