Todd Jones, CRE, principal, RealAdvice, Tampa, Fla., served as appraiser and expert witness for Disney hotels and resorts in a recent court case which challenged the 2015 property tax assessment of The Disney Yacht and Beach Club Resort, Orlando, one of 11 Disney properties affected by reassessment. According to Todd, “That assessment had virtually doubled the property’s assessment from the year before.” A Florida court found in July that the county appraiser had unconstitutionally included the value of intangible property in its assessment. The decision is expected to have nation-wide impact.
Mr. Jones provides complex income-producing commercial property valuation; expert testimony; litigation support; ad valorem property tax counseling and representation; appraisal review; investment advice; marketability analysis and feasibility analysis–including highest and best use analysis for virtually all types of commercial, industrial, residential, and special purpose real estate–on behalf of financial institutions, REIT’s, government entities, publicly traded companies, and private concerns.