A representative sample of assessment reductions secured for commercial owners during the 2025 appeal cycle. Property names redacted at client request.
Class B garden-style multifamily in Doral submarket. Initial 2025 assessment reflected market rents that weren't achievable given concessions and stabilization timeline. Income approach with revised cap rate (6.75%) and adjusted NOI based on actual T-12.
Single-tenant industrial property in northwest Houston. Initial assessment overstated effective age and understated functional obsolescence. Cost approach with depreciation re-analysis, supplemented by trade-area sales of comparable facilities.
22-story Class B office in Uptown Dallas with elevated post-2023 vacancy and concession-heavy lease structures. Income approach using actual operating data, with vacancy and collection loss adjusted to reflect submarket realities.
Three-property self-storage portfolio in greater Fort Lauderdale. Aggregated income approach with portfolio-level cap rate evidence drawn from recent transactions of comparable South Florida self-storage assets.
96,000 sqft neighborhood retail center anchored by a national grocer with shadow-anchored junior box. Income approach with adjusted cap rate reflecting tenant credit profile and remaining lease terms.
Limited-service hotel near MIA airport. Income approach using STR-derived ADR and occupancy data, with revised management fee and reserve assumptions reflecting actual operating performance.
Newer mid-rise multifamily in East Austin. Lease-up trajectory was slower than the appraisal district modeled, with concessions averaging 1.5 months free. Income approach using stabilized rather than projected rent roll.
Owner-occupied light manufacturing facility south of downtown Atlanta. Argued for functional obsolescence due to clear-height limitations and column spacing inconsistent with current industrial spec. Cost approach with tailored depreciation analysis.
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