How to appeal commercial property taxes when values decline
Commercial property owners can reduce tax burdens when market values fall below assessments. Learn how to appeal property taxes and leverage Propositions 13 and 8.
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Industries: Hospitality, Professional Services, Real Estate
Zac R. Blechman is a Senior Manager in BPM’s Advisory practice, specializing in Commercial Real Estate Valuations. Zac works closely with the Valuation team to provide in-depth appraisals for financing, estate planning, and settlement, private transactions, in addition to advisory and consulting purposes to serve a variety of clients’ needs.
A seasoned commercial real estate appraiser with more than a decade of experience, his knowledge valuing complex property types includes hotels, self-storage properties, regional shopping centers, Class A and B office buildings, multi-tenant industrial facilities, mobile home/RV parks, mixed-use developments, religious facilities, adaptative re-use properties and vacant land.
Prior to BPM, Zac was Associate Director at Integra Realty Resources’ San Diego office and a key member of their national hotel specialty practice group, IRR Hotels. Valuing over $3 billion in hotel assets nationwide, his background covers a variety of national brands, class segments, and boutique luxury hotels in trophy locations.
Zac holds a Certified General Real Estate Appraiser license in California and Arizona and is actively pursuing his MAI designation.
As an avid surfer, Zac spends his free time with his wife enjoying the San Diego beaches. He also appreciates adventuring outside with his two border collies, playing golf, and watching Padres baseball games.
Member – Appraisal Institute
BS/Real Estate and Marketing – Florida State University
Commercial property owners can reduce tax burdens when market values fall below assessments. Learn how to appeal property taxes and leverage Propositions 13 and 8.
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Not sure if you need a valuation or an appraisal for your commercial property? Learn the key differences between CRE valuation vs CRE appraisal, when to use each, and how choosing the right service can save time, money, and ensure regulatory compliance.
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Real estate portfolio valuation helps you understand the true value of your assets across multiple properties. This guide breaks down how valuations work, when to get one, and which methods apply empowering better investment decisions for institutional and private real estate investors alike.
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