Photo of Kate Barton

NEW YORK CITY—In a timely move given the tax overhaul signed into law by President Trump late last month, Ernst & Young LLP said Tuesday it had added RPR Partners LLP, a tax advisory firm headquartered in San Diego and serving the real estate industry and high net worth individuals. RPR's principals—including cofounders Robert P. Regnery and Kenneth R. Van Damme II, both of whom previously worked at EY—and employees are joining EY's private client services practice.

“The addition of this team reflects our commitment to growing strategic areas with unmatched knowledge to meet each of our clients' needs and to contribute to our EY Global Family Business Center of Excellence,” says Kate Barton, EY Americas vice chair of tax services. “We are particularly proud to have Bob and Ken back at EY, bringing their talented and insightful team with them.”

Regnery has 30 years' experience advising clients including private and public companies. He started his career in Chicago with EY before moving to San Diego. After nearly 10 years with the real estate practices of EY and Kenneth Leventhal, Regnery joined Peterson & Co., where he led both the real estate group and the entrepreneurial services group before forming RPR with Van Damme.

Before forming RPR in 2000, Van Damme had been EY's real estate tax compliance practice area leader for Southern California, and also served as an adjunct professor at San Diego State University teaching real estate finance and taxation. The 27-year industry veteran still serves as an occasional guest lecturer on real estate tax topics at several universities.

“This moment in US tax policy is likely to impact all of our clients, and we now have access to incredible resources to support them,” says Van Damme. “As part of the EY team, we can also offer clients broader, long-term support for generational wealth management strategies and family business transactions.”

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Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.