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Helping our clients in the USA save millions on commercial real estate tax

An analysis of commercial real estate transactions in Q1 along with predictions for the rest of the year has been published by Altus Group. The key points I take away from this article are; The predicted rapid return to high levels of CRE transaction activity in Q1 did not occur with activity still down by more than 20% on Q1 2023. With expectations for CRE activity remaining high and interest rate cuts by the Federal Reserve being pushed back the likelihood of a late-2024 rise in activity is increasing. Emerging indications suggest declining profitability in numerous property sectors as owners and managers strive to counter expense inflation and contend with rising supply in specific markets. One of the largest expenses for any commercial real estate owner is property taxes and with markets as they are decreasing these taxes is becoming more desirable every day. If an expert opinion on how you could reduce these taxes sounds beneficial don't hesitate to reach out through LinkedIn or email me at adam.chettle@altusgroup.com For the full article; https://lnkd.in/eFmdSVEf #CRE #CommercialRealEstate #CRETransactions #MarketConditions #PropertySector #AssetValuation #RealEstateInvesting #MarketInsights #MarketTrends #AssetManagement #RealEstateMarket #CapitalAllocation

US CRE Transaction Analysis - Q1 2024 | Altus Group Insights

US CRE Transaction Analysis - Q1 2024 | Altus Group Insights

altusgroup.com

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