Commercial Property Taxes Are Not a Fixed Expense: Why Regular Reevaluation is a Smart MoveApril 2023 All businesses pay some menu of taxes, and a majority are property taxes based on the assessment of…
New Assessments for Philadelphia Commercial Real Estate: A Closer LookOctober 2022 There has been much reported about Philadelphia’s property reassessment for tax year 2023. In the spring of 2022…
Uneven Pace in Philadelphia’s Commercial Real Estate RecoveryJuly 2022 Headlines assert commercial real estate values are at a pinnacle in Philadelphia. There is an infusion of national…
Pennsylvania’s Uniformity ClauseIn 2021 a Commonwealth Court said Philadelphia’s 2018 reassessment solely of commercial properties was illegal and unconstitutional. The City subsequently…
Industrial Space Finishing 2017 Strong, Overshadowing Office Space; Trend Likely to Continue in 2018For small and medium investors in commercial real estate, 2017 was another solid year; 2018 is looking promising as well…
Taxes, Both High and New, Create Uncertainty In the MarketThe taxable assessed land values on 87 office buildings in Center City rose by 95 percent between 2017 and 2019,…