Florida’s hospitality market is as dynamic as its coastline. But with revenue per available room (RevPAR) shifting by season based around Florida’s tourism trends and labor costs rising fast that drag down a property’s net operating income, many hotels are struggling to maintain consistent profitability. That doesn’t always stop appraisers from issuing sky-high valuations. Key Issues…
For multifamily property owners, property taxes represent a major operating expense, which if over assessed can decrease the value of your property. The amount on your property tax bill is based upon assessed property values. In theory, these assessments should reflect the property’s fair market value. However, that’s not always the case as property appraisers may…
For many commercial property owners in Florida, property taxes represent one of the largest recurring annual operating expenses. But while taxes are a known line item, overpaying them is often a hidden drain on long-term profitability for an asset. Let’s break down the real costs of over-assessment—and why you should care. 1. It Hurts Your NOI—and…
Near the end of every summer, Florida commercial property owners receive a TRIM notice in the mail. But while it may look like a routine document, this notice could mean thousands of dollars in unnecessary tax expenses if left unchallenged. So how do you know if your 2025 property assessment is accurate—or way off base? What…
Retail in Florida is far from dead, it’s evolving. Neighborhood centers are transforming into mixed-use lifestyle hubs, incorporating residential and recreational spaces to attract a market. Big box spaces are being converted or subdivided. Tenants are renegotiating lease terms and landlords are getting creative. But not all retail developments can or will be transformed and their…
So, you own land, you’ve crafted a vision, maybe even worked through the entitlement process. But your property is still dirt—and your tax bill is sky-high. Welcome to the strange reality of owning land in Florida. There are many factors to consider when valuing vacant land, among them are the underlying zoning and approvals or entitlements…
Texas is a hub for real estate development, offering vast opportunities for commercial property owners and developers to capitalize on the state’s pro-business climate, population growth, and thriving industries. However, managing property taxes during the entitlement and development phases can be a significant challenge—and a costly oversight if not handled properly. Property tax forecasting can provide…
The Texas commercial real estate market continues to be a dynamic force, drawing investors and developers from across the country. With its business-friendly environment, growing population, and diverse economic drivers, Texas remains a hotspot for commercial real estate activity. However, as property valuations continue to rise unevenly across asset classes, understanding key trends in 2025 is…
