$95,000 refunded to this Client after converting into a Surgery Center
See how Paramount Property Tax Appeal helped a Los Angeles Surgery Center save $95,000.
Tax Refund for the Client
Reduction in Assessed Value
of Savings Post Appeal
The Problem
A Client converted an Office Building into a Surgery Center and was re-assessed. Following the assessment, they contacted Paramount to review the valuation.
Our Solution
Wes Nichols and the Paramount team thoroughly reviewed the assessed value of the building and found numerous errors made by the Assessor's office, including valuation of ground floor Retail in the Building that had not been completed. The Board reduced the value of new construction significantly.
The Results
After careful consideration, the Board found the valuation done by the Paramount team to be accurate, and the valuation was reduced to $28.82 Million (A $7.95 Million REDUCTION!). The client received a refund of $95,000 for their state-of-the-art Surgery Center.
Why Choose PPTA
- Staffed by CPAs, certified appraisers, and former county assessors
- Professional hearing representation at every stage of the appeal
- 45,000+ appeals filed
- 85% success rate
- No upfront cost
- $100M+ in refunds secured for clients
- 24% average assessment reduction
- $50B+ in assessed value under management
- Fee structure based on a percentage of the tax savings or refund you receive
- Experience across all commercial and multifamily property types
- Clients range from private investors to institutional owners, including Fairfield, Sunroad Enterprises, Brookfield, Mill Creek Residential, and Jade Enterprises
- Services provided across California, Colorado, Texas, Nevada, Arizona, and Washington