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…
Measuring Up Philadelphia & the Growth To Come – April 2022Cap rates are at historic lows, major out-of-town REITS are investing, and development continues at a feverish pace in Philadelphia.…
Philadelphia’s State Of The Market – Sept 2021The commercial real estate market has traditionally been viewed as a safe, stable market and despite the upheaval of the…