Companies are often not aware of the total amount of real estate taxes
they pay, nor are they aware of the substantial savings they may obtain
by an annual review of the tax expense.
For multi-tenanted real property owners, ad valorem taxes represent
the largest single expense: typically 25% to 50% of a performing property’s
net operating income. The percentage is even greater for under-performing
my net operating income is significant, can I still secure an assessment
state law, assessments are based upon “market income and expenses” and
not actual rents.
my assessment exceed our real property’s fair market value?
if you have not conducted a proper annual review of the many factors
that affect commercial real estate values. In addition, the more locations
and properties a company has, the more chance of errors in calculation
and missed exemptions.
- Savitar analyzes each property in detail,
including a documentation review of:
Rent Rolls, Operating
Statements, Capital Expenditures, Surveys,
Deferred Maintenance, and Engineering &
- The rental and/or resale market is analyzed in
detail, including market rents, market expenses, and recent comparable
- The results of our analysis are documented and
summarized in a valuation statement that forms the basis for our