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Why Have Us Manage Your Property Tax Appeal?
Click here to visit the Property Tax Services website
During severe economic downturns, rising vacancies, falling market rents, and higher capitalization rates often cause commercial properties to lose value. At times like these we assist many of our clients by using our transactional experience, underwriting expertise, and sophisticated analytical software to appeal assessments and win substantial reductions in property taxes.
Since 1992 we have filed more than 1,100 tax appeals and saved our clients tens of millions of dollars, thereby increasing cash flows and easing their transitions through the downturn.
Apartments, retail centers, office buildings, industrial buildings, vacant land, mini-storage facilities and hotels can all benefit from reductions in assessed value and property tax payments.
In properties where some or all of the taxes are passed through, a tax reduction eases financial pressures on tenants, creates good will, and reduces unexpected turnover.
CB Richard Ellis, Inc. is the world's largest commercial real estate services company. We have access to market data and software that allow us to authoritatively document the reductions we seek.
Over the years we have earned the grudging respect of many County assessors and appraisers. Our requests for savings are always aggressive, but we back up our filings with a financial analysis of the property supported by market facts. The result is a strong, well-reasoned case for the largest possible reduction.
If the assessor's office challenges the filing and schedules a hearing, we appear in person to present evidence and defend our position — at no additional charge.
All property information sent to us is held in the strictest confidence. It will not be shared, and no one will be calling your tenants.
We will evaluate your property at no charge; then you can decide whether to engage us or not. Our professional fee is contingent, and is earned only if we succeed in winning a reduction of your property taxes. You have nothing to lose. |
$16,385,421 reduction
385,000 square foot office
$5,252,039 reduction
245,000 square foot office
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Executive Vice President
Lic. 00828903
T 916.446.8287
Senior Marketing Specialist
Lic. 00455849
T 916.446.8765
Assistant, Client Services
Lic. 01327539
T 916.446.8718
Coordinator, Client Services
T 916.446.8232
Team Fax: 916.446.8730
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CB Richard Ellis, Inc.
Broker Lic. 00409987
555 Capitol Mall
Suite 100
Sacramento, CA 95814 |
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