EP35 - Benchmarking commercial property taxes

25 July 2024

If commercial property taxes are based on market value, why can property tax assessments go up when market values are going down? And how can you compare property taxes for different property types across different cities? We get some answers on those questions and more, as we sit down with Sandi Prendergast, Director on Altus Group’s research team, to discuss findings from Altus Group’s US Real Property Tax Benchmark report.

With over 25 years of property tax expertise, Sandi walks us through the report, shedding light on effective tax rates, assessment disparities, and actionable strategies for managing your portfolio’s tax burden.

Note: This episode was published prior to completing the sale of our Property Tax business to Ryan, LLC