Mortgage Banking & Mortgage Brokerage - On behalf of commercial real estate investors and developers, Newmark arranges debt and equity financing for commercial properties and property portfolios throughout the United States. With approximately 50 employees, Newmark is a full-service company integrating all facets of the financing including analysis, placement, closing and servicing.
Loan Servicing - Newmark is an S&P-rated loan servicer with a current servicing portfolio in excess of $5 billion. Servicing is provided on behalf of insurance companies, commercial banks, private lenders and CMBS. In addition to permanent loan portfolios, Newmark has significant experience in construction loan administration.
Acquisition Brokerage and Note Sales - While Newmark does not “list” properties for sale, Newmark selectively acts as both a principal and a broker in situations where we can utilize our relationships to facilitate our clients’ acquisition requirements.
Consulting - Newmark provides consulting and financial advisory services to commercial real estate borrowers, lenders, corporate tenants and major law firms. These assignments can include project feasibility analysis, capital structure optimization, debt and equity restructurings and expert witness testimony.
Property Tax Advisory Services - Newmark brings experience, expertise and an owner’s perspective to the process of property tax valuation appeal, providing quality, effective and personal service to help manage the property tax burden of clients. Click here for more information…
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Property Tax Advisory Services Team - The property tax team is headed by Charles A. Carson in Phoenix, Arizona. Charlie began his career in property tax advisory services in 1988. His valuation appeal experience is supported by his background in public accounting, institutional asset management responsibility and hands-on property management experience. His varied experience provides him with a unique perspective for the evaluation of a given property and the many factors affecting its valuation.
Case For Property Tax Review - The Arizona property tax system provides that tax rates are set only after the valuations for tax purposes have been established and the appeal process is complete. The effect is that the taxing jurisdictions have the last say in maintaining (or increasing) their property tax revenues. It is in the property owner’s best interest to rigorously evaluate the valuation of their properties to be sure they are not paying a disproportionate share of the overall burden.
Evaluation Process - Each property must be individually evaluated to determine its proper valuation and classification. Because the assessor’s values are determined using ‘mass appraisal’ techniques which rely on models to set values, it is essential to look beyond the obvious statistical data to identify specific property characteristics which directly impact the treatment for property tax purposes. Vital data and analysis is provided to the evaluation process which is critical in optimizing the tax appeal outcome. This process includes a site inspection for every property assignment. Once the evaluation is complete a detailed submission is prepared which presents the findings for consideration in the appeal process.
For more information, please contact Charles Carson
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