Exhaustive Approach Carries Owner to Lowest Assessment in Market
The Bottom Line
When your tax representative possesses the ability to take your appeal beyond merely the ARB hearing, it provides you with the potential for a significantly better outcome.
“…blown away by the results”
Pinnacle was honest, hardworking and great at communicating with us thoroughly. Their final results outperformed what I expected by a mile; our team here was blown away by the results achieved. It’s a good feeling knowing that it is getting taken care of and I don’t have to think about it.
Director of Acquisitions and Asset Management, SkyWalker Property Partners
The Values
| Prior Year Value: | $11,389,000 |
|---|---|
| Initial Value: | $12,297,148 |
| ARB Value: | $11,661,000 |
| Final Value | $9,200,000 |
The Client
SkyWalker Property Partners is a DFW-based commercial real estate investment firm focused on investment within office, industrial, flex and retail market segments.
The Results
In SkyWalker’s first protest represented by Pinnacle, their experience could best be described as typical. The appraisal district increased the building’s assessment by 8% over the previous year, a ‘modest increase’ in today’s market. In prior years, after the ARB’s ruling set the value inside 2.4% of last year’s number, the property owner would not have gambled the guaranteed costs of litigation to pursue additional savings.
But this year was different. With Pinnacle’s evidence supporting a lower value, their contingent interest to obtain the lowest value possible, and their ability to keep up the fight, SkyWalker saw another $2.4 million slashed from their valuation.
Learn how you could save thousands — or even millions of dollars each year.
Recent Successes
Property Tax Consulting
Industrial
$49,060 saved
Retail
$28,630 saved
Multi-Family
$82,240 saved
Office
$118,700 saved
Land
$71,510 saved
Latest News
Client Successes
Get the Book
