News & Analysis as of

Valuation Commercial Property Owners

BCLP

Business Rates: Decisions About Material Changes of Circumstances “in the Locality”

BCLP on

The Valuation Tribunal recently considered the impact of the Rushden Lakes Shopping Centre in Northamptonshire on rental and hence rateable values in neighbouring towns. The opening of the Centre had adversely impacted...more

Goodwin

Landmark Decision Regarding California Property Taxes: What Owners of California Hospitality Assets Should Know

Goodwin on

The California Court of Appeal (Second Appellate District) published a landmark decision on April 7, 2023, that may have significant implications for the property tax assessments of qualifying California hospitality assets...more

BCLP

Rating case note - the socio-economic value of museums

BCLP on

Question - I am the FD of a public sector body. We run a museum which does not charge for admission and operates at a deficit, however its contribution to local culture and ability to attract visitors to the area make it...more

Nossaman LLP

Have We Seen the Last Dance for Quantitative Before Condition Goodwill Valuations?

Nossaman LLP on

When a business is taken as a result of a public improvement, the business is entitled to seek compensation for, among other things, loss of business goodwill. Typically, this loss is calculated by measuring the business’...more

Womble Bond Dickinson

How Smartphones, Showrooming Impact Property Taxes and More

Womble Bond Dickinson on

The battle between physical stores and online retail rages on, but the recent explosion in smartphone usage is blurring the battle lines. Using smartphones, consumers in a store now can simultaneously shop and compare pricing...more

Lowndes

Orange County Hotels See Significant Increase in Property Appraiser Valuations

Lowndes on

After weeks of rumors regarding hotel valuations in Orange County, it is now confirmed: the Orange County Property Appraiser has made it a priority to increase both the market values and assessed values of hotels for 2015. ...more

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