THE GIBBS FIRM, LPA
NATIONAL PROPERTY TAX APPEALS AND LITIGATION
2355 AUBURN AVENUE CINCINNATI, OHIO 45219
Archived Success Stories (2015 & Earlier)
As highly trained attorneys and advocates, The Gibbs Firm effectively handles all issues of state and municipal taxation by creatively and aggressively presenting data and issues in the light most favorable to our client’s position.
ALABAMA
Location: Montgomery
Property Type: Commercial Warehouse
Tax Years: 2011
Savings: $35,000
In 2011 The Gibbs Firm was able to reduce the county’s market value on an 845,000 square foot warehouse building in suburban Montgomery, Alabama from $14,399,900 to $9,364,200. This resulted in over $35,000 in annual savings to the client.
Location: Birmingham
Property Type: Retail
Tax Years: 2010
Savings: $73,000
Ryan J. Gibbs successfully reduced the assessment of a neighborhood shopping center from more than $9,000,000 to just over $4,000,000 for tax year 2010, saving its client $73,000 in annual property taxes.
ARIZONA
Location: Phoenix
Property Type: Retail
Tax Years: 2008-2010
Savings: $100,000
The Gibbs Firm recently resolved several tax court cases in its client's favor on a retail property in Arizona producing total savings of more than $100,000.
CALIFORNIA
Location: Los Angeles
Property Type: Office
Tax Years: 2008
Savings: $145,000
The Gibbs Firm reduced two fully-leased office buildings purchased for more than $65,000,000 in 2006 by more than $11,000,000 for tax year 2008.
Location: Lathrop
Property Type: Personal Property
Tax Years: 2007 - 2014
Savings: $285,000
In 2015, Mr. Adams was able to reduce the real and personal property assessment for a San Joaquin County, CA manufacturer by a total of $26,000,000 over seven tax years saving the client over $285,000 in real estate taxes.
CONNECTICUT
Location: New Haven
Property Type: Multi-Family
Tax Years: 2012
Savings: $61,800
In 2012, Ryan J. Gibbs significantly reduced the tax liability of a multi-family apartment building located in New Haven, CT, which saved the client over $61,800 in annual taxes.
Location: Hartford
Property Type: Office
Tax Years: 2010
Savings: 750,000
The Gibbs Firm successfully appealed the 2010 taxes in the New Britain Judicial District Court on an office building and parking garage in Hartford, CT reducing the city's market value from $34,907,800 to a value of $30,200,000 saving our client over $250,000 in annual taxes. Additionally, The Gibbs Firm again successfully appealed the 2011 taxes reducing the city's market value from $30,200,000 to $20,914,130 saving our client over $500,000 annually in taxes.
FLORIDA
Location: Tallahassee
Property Type: Office Building
Tax years: 2014
Savings: $28,000
In 2014, The Gibbs Firm filed an appeal with the Leon County Appraiser's office to reduce the property assessment from $3,665,000 to $2,240,000 which resulted in $28,000 of property tax savings.
Location: Tallahassee
Property Type: Office Building
Tax Years: 2014
Savings: $13,000
In 2014, our firm reduced the assessed value of an office building from $1,645,000 to $976,000, which resulted with a property tax savings of more than $13,000.
Location: Delray Beach
Property Type: Retail
Tax Years: 2013
Savings: $59,000
In 2013, The Gibbs Firm reduced the assessed value of a business from $8,962,000 to $6,301,000 resulting in $59,000 of property taxes saved for our client.
Location: Coco Beach
Property Type: Special Purpose
Tax Years: 2006 and 2007
Savings: $190,000
The Gibbs Firm obtained an $11,000,000 reduction on a Coco Beach, Florida hotel property, generating $190,000 in tax savings for ownership.
GEORGIA
Location: Valdosta
Property Type: Apartment Complex
Tax Years: 2015
Savings: $33,000
In 2016, The Gibbs Firm successfully reduced the assessment of an apartment complex from $5,808,000 to $3,350,000 for tax year 2015, saving its client $33,000 in annual property taxes.
Location: Atlanta
Property Type: Office
Tax Years: 2010-2011
Savings: $1,187,000
In 2012, Ryan J. Gibbs reduced the tax liability for two consecutive tax years on an office building in the central business district of Atlanta, Georgia, which saved the client over $1,187,000.
ILLINOIS
Location: Chicago
Property Type: Office Park
Tax Years: 2013-2014
Savings: $1,000,000
The Gibbs Firm reached a settlement at the Illinois Property Tax Appeals Board for tax years 2013 and 2014 that resulted in property tax savings of over $1 million for our client.
Location: Des Plaines
Property Type: Industrial
Tax Years: 2012
Savings: $387,000
In 2012, The Gibbs Firm successfully appealed the 2012 taxes of an industrial building in Des Plaines, IL, which reduced the county’s market value from $8,765,000 to $2,224,000 and saved the client over $387,000 in annual taxes.
Location: Wheeling
Property Type: Hospitality
Tax Years: 2011
Savings: $716,000
The Gibbs Firm successfully appealed the 2011 taxes on a full service hotel building in Wheeling, IL reducing the county’s market value from $37,100,000 to a value of $26,800,000 saving the client over $700,000 in annual taxes.
Location: Chicago
Property Type: Office
Tax Years: 2010
Savings: $235,000
The Gibbs Firm recently reduced the tax bill on a six-story office building in Chicago by $235,000. A further reduction is being pursued in Court.
INDIANA
Location: Millersburg
Property Type: Industrial
Tax Years: 2012
Savings: $100,000
In 2012, The Gibbs Firm was able to significantly reduce the tax liability on a large Industrial Manufacturing Campus located in Millersburg, Indiana. The 2012 value on this 440,000 square manufacturing campus was reduced from $8,100,000 to $4,400,000 saving the client $100,000 in annual taxes.
Location: Indianapolis
Property Type: Multi-Family
Tax Years: 2007-11
Savings: $340,000
In 2011, Ryan J. Gibbs took over multiple pending appeals on an Indianapolis Multi-family property. We resolved five tax years from 2007-2011, and saved our client over $340,000.
Location: Indianapolis
Property Type: Retail
Tax Years: 2010
Savings: $365,000
The Gibbs Firm successfully reduced property taxes for years 2006 through 2010 on a large shopping center in Indianapolis, saving its clients more than $300,000.
Location: Indianapolis
Property Type: Retail
Tax Years: 2006 - 2009
Savings: $650,000
The Gibbs Firm was able to reduce a sizeable retail property near the Lafayette Square Mall in Indianapolis from an assessed value of more than $10,000,000 to $2,500,000, generating tax savings for its client in excess of $650,000.
Location: Indianapolis
Property Type: Office
Tax Years: 2008
Savings: $650,000
The Gibbs Firm recently took over for prior counsel on behalf of an Indianapolis insurer. The case had been pending for four years, but The Gibbs Firm resolved the issue in favor of the taxpayer in less than four months. The total refund approximated $650,000.
IOWA
Location: Cedar Falls
Property Type: Regional Mall
Tax Years: 2013 - 2014
Savings: $417,000
In 2016, our Firm successfully reduced the assessment of a regional mall by more than $7,000,000 for tax years 2013 and 2014, saving its client $417,000 in property taxes.
Location: Des Moines
Property Type: Hospitality
Tax Years: 2008-2010
Savings: $80,000
The Gibbs Firm successfully reduced a hospitality property purchased for more than $5,000,000 to $3,000,000 producing total tax savings of more than $80,000.
KANSAS
Location: Wichita
Property Type: Retail
Tax Years: 2010
Savings: $64,000
The Gibbs Firm recently reduced the assessment of a big-box retail store in Wichita Kansas, cutting it in half, and saving its clients $64,000 through litigation at the State Tax Tribunal.
KENTUCKY
Location: Louisville
Property Type: Multi-Family
Tax Years: 2008
Savings: $77,000
Mr. Gibbs recently reduced the value of a class-A apartment complex in Louisville, Kentucky by more than $6,000,000, saving the taxpayers $77,000 annually.
Location: Jeffersontown
Property Type: Multi-Family
Tax Years: 2008
Savings: $60,000
Mr. Gibbs recently reduced the value of an apartment complex in Jeffersontown, Kentucky by more than $5,000,000, saving the taxpayers more than $60,000 annually.
MASSACHUSETTS
Location: Brockton
Property Type: Retail
Tax Years: 2010-2015
Savings: $686,000
In settlement of litigation before the Massachusetts Appellate Tax Board our Firm obtained savings for its client of nearly $700,000, including a refund of more than $600,000.
Location: Westborough
Property Type: Industrial
Tax Years: 2008-2010
Savings: $99,000
In settlement of litigation before the Massachusetts Appellate Tax Board our Firm obtained a refund check of $99,000 for its client, the owner of an industrial property in Westborough, MA.
MICHIGAN
Location: Traverse City
Property Type: Region Mall
Tax Years: 2013 - 2015
Savings: $1,288,000
In 2016, The Gibbs Firm successfully reduced the assessment of a regional mall at Michigan Tax Tribunal from $59,151,000 to $41,600,000 for tax years 2013 through 2015, saving its client over $1,200,000 in property taxes.
Location: Detroit
Property Type: Office
Tax Years: 2011-2013
Savings: $393,000
In 2013, the Gibbs Firm reduced the assessment an office tower in Detroit’s Central Business District by $16,795,600, which saved the client over $393,000 in taxes.
Location: Westland
Property Type: Retail
Tax Years: 2010-2013
Savings: $1,450,000
In 2012, The Gibbs Firm reduced the tax liability for four consecutive tax years on a shopping center in Westland, Michigan, which saved the client over $1,450,000 in taxes.
Location: Ann Arbor
Property Type: Office
Tax Years: 2012
Savings: $144,000
The Gibbs Firm successfully appealed the 2012 taxes of an office campus in Ann Arbor, Michigan, which reduced the City's market value from $12,170,000 to $7,300,000 and saved the client over $144,000 in annual taxes.
Location: Grand Rapids
Property Type: Office
Tax Years: 2011-2012
Savings: $411,900
In 2012, the Gibbs Firm reduced the assessment an office building in Grand Rapids, Michigan by $9,141,000, which saved the client over $411,900 in taxes.
Location: Plymouth
Property Type: Industrial
Tax Years: 2008-2010
Savings: $360,000
The Gibbs Firm recently reduced the assessments of an industrial property by more than 110% through tax litigation resolved in its client's favor, saving the client more than $360,000.
Location: Howell
Property Type: Multi-Family
Tax Years: 2010
Savings: $115,000
The Gibbs Firm recently reduced the assessment of a multifamily asset from nearly $12.0 million to $7.1 million by agreement through litigation at the Tribunal.
Location: Detroit
Property Type: Special Purpose
Tax Years: 2008
Savings: $650,000
The Gibbs Firm obtained a $22,000,000 reduction on vacant land held for development at the Detroit Airport, generating $650,000 in property tax refunds, and an additional $460,000 in exemption relief for prior years.
MINNESOTA
Location: St. Paul
Property Type: Industrial
Tax Years: 2014 - 2015
Savings: $50,000
In 2016, The Gibbs Firm was able to reduce the property from $5,387,900 to $3,029,000 or tax years 2014 and 2015 through negotiations with the County assessor.
Location: Oak Grove
Property Type: Industrial
Tax Years: 2011
Savings: $50,000
In 2011, The Gibbs Firm was able to reduce the County’s market value on an industrial warehouse in Oak Grove, MN from $4,775,200 to $3,300,000. This resulted in over $50,000 in annual tax savings to the client.
Location: Minneapolis
Property Type: Retail
Tax Years: 2008 - 2009
Savings: $600,000
The Gibbs Firm negotiated a Minnesota Tax Court settlement reducing the valuation of a regional mall from more than $32,000,000 to less than $16,000,000 for tax year 2008, then again to under $10,000,000 for tax year 2009, saving its clients more than $600,000.
MISSISSIPPI
Location: Ridgeland
Property Type: Office
Tax Years: 2011
Savings: $4,000
In 2011, The Gibbs Firm was able to reduce the County’s market value on an office building in Ridgeland, MS from $1,885,000 to $1,690,000. This resulted in $4,000 in annual tax savings to the client.
NEBRASKA
Location: Omaha
Property Type: Office
Tax Years: 2011
Savings: $75,000
In 2011 The Gibbs Firm significantly reduced the taxes on a corporate office campus in Omaha, Nebraska. The original 2011 value of $7,578,800 was reduced to $4,000,000 saving our client over $75,000 in annual taxes.
Location: Omaha
Property Type: Retail
Tax Years: 2008
Savings: $157,000
Mr. Gibbs reduced an outlet center in Nebraska from more than $9,000,000 in value to approximately $2,000,000 in value over three years by successive appeals before the Tax Equalization and Review Commission. This saved his client $157,000 in real property tax.
NEVADA
Location: North Las Vegas
Property Type: Multi-Family
Tax Years: 2011
Savings: $90,000
In 2011 The Gibbs Firm successfully appealed the taxes on a 288 unit apartment community in North Las Vegas, Nevada reducing the county’s market value from $10,191,266 to a value of $2,520,000 saving our client over $90,000 in annual taxes.
NEW JERSEY
Location: Montvale
Property Type: Residential
Tax Years: 2012
Savings: $161,000
In 2012, The Gibbs Firm significantly reduced the tax liability of a residential development site located in Queens, New York, which saved the client over $161,000 in annual taxes.
NEW YORK
Location: Queens
Property Type: Residential
Tax Years: 2012
Savings: $161,000
In 2012, The Gibbs Firm significantly reduced the tax liability of a residential development site located in Queens, New York, which saved the client over $161,000 in annual taxes.
Location: Syracuse
Property Type: Office
Tax Years: 2007
Savings: $200,000
Mr. Gibbs obtained a $200,000 tax savings for a corporate insurance client in upstate New York on its headquarters building through a filing at the Board of Review and negotiations with the local assessor and school board counsel.
OHIO
Location: Akron
Tax Years: 2015
Savings: $714,000
Property: Regional Mall
In 2015, The Gibbs Firm successfully reduced the assessment of a regional mall for tax year 2015, saving its client a total of $714,000 in property taxes.
Location: Cleveland
Tax Years: 2014
Savings: $1,400,000
Property: Retail
In 2014, The Gibbs Firm significantly reduced the assessment of a shopping center for tax year 2014, saving its client a total of $1,400,000 in property taxes.
Location: Columbus
Tax Years: 2014
Savings: $138,000
Property Type: Residential Portfolio
In 2016, our Firm appealed a portfolio of over 280 residential properties initially assessed at over $37,000,000. Our Firm was able to get the assessment reduced on the entire portfolio by $6,000,000 resulting over $138,000 in tax savings for our client.
Location: Westerville
Tax Years: 2011 - 2013
Savings: $980,000
Property Type: Industrial Facility
In 2016, our firm appealed an industrial property originally assessed at $12,800,000. The prior owner presented an appraisal at the County Board of Revision valuing the property at $9,800,000. Our firm took over the appeal to the Ohio Board of Tax Appeals. We recognized the unique issues with the property affecting its value and settled for a value of $2,100,000.
Location: Cleveland
Property Type: Apartments
Tax Years: 2014
Savings: $370,000
In 2016, our Firm successfully defended against an increase complaint filed by the Board of Education preventing an increase in market value of over $10,000,000 resulting in our client saving $370,000 in taxes.
Location: Columbus
Property Type: Office Building
Tax Years: 2011 - 2013
Savings: $498,000
In 2016, our Firm successfully reduced the assessment of an office building by $5,750,000 at the Ohio Board of Tax Appeals for tax years 2011 through 2013, saving our client $498,000 in property taxes.
Location: Hamilton
Property Type: Retail
Tax Years: 2011
Savings: $100,000
In 2011 The Gibbs Firm was able to reduce the county’s market value on a neighborhood retail shopping center in Hamilton, Ohio from $9,842,840 to $4,670,150. This resulted in over $100,000 in annual tax savings to the client.
Location: Columbus
Property Type: Multi-Family
Tax Years: 2011
Savings: $70,000
In 2011 The Gibbs Firm was able to reduce the county’s market value on a 408 unit apartment complex in suburban Columbus, Ohio from $11,300,000 to $8,670,000. This resulted in over $70,000 in annual tax savings to the client.
Location: Dayton
Property Type: Multi-Family
Tax Years: 2011
Savings: $275,000
In 2011 The Gibbs Firm was able to reduce the county’s market value on a 670 unit apartment complex in suburban Dayton, Ohio from $9,879,400 to under $2,600,000. This resulted in over $275,000 in annual tax savings to the client.
Location: Findlay
Property Type: Commercial Warehouse
Tax Years: 2011
Savings: $209,000
The Gibbs Firm successfully appealed the 2011 taxes of a distribution warehouse in Findlay, OH, which reduced the county’s market value from $36,166,000 to $24,000,000 and saved the client over $209,000 in annual taxes.
Location: Ashtabula
Property Type: Retail
Tax Years: 2011
Savings: $127,000
The Gibbs Firm successfully appealed the 2011 taxes of a shopping center in Ashtabula, OH, which saved the client over $127,000 in annual taxes.
Location: Columbus
Property Type: Health Care
Tax Years: 2011
Savings: $50,000
In 2011 The Gibbs Firm reduced the value of a Columbus, Ohio nursing home from $4,300,000 to $2,500,000. This resulted in an annual tax savings of $50,000.
Location: Dayton
Property Type: Retail
Tax Years: 2011
Savings: $70,000
In 2011 The Gibbs Firm was able to reduce the county’s market value on a neighborhood retail shopping center in suburban Dayton, Ohio from $5,958,910 to $3,327,790. This resulted in almost $70,000 in annual tax savings to the client.
Location: Columbus
Property Type: Office
Tax Years: 2006 - 2010
Savings: $1,500,000
The Gibbs Firm negotiated a 50% overall reduction for five consecutive tax years shortly before trial on a large corporate campus on the fringes of the Columbus Central Business District, saving its client in excess of $1,500,000.
Location: Springfield
Property Type: Retail
Tax Years: 2010
Savings: $122,000
The Gibbs Firm reduced the value of a Springfield, Ohio retail shopping center from $20,449,200 to $13,000,010, saving the client $122,000 annually.
Location: Chillicothe
Property Type: Industrial
Tax Years: 2010
Savings: $442,000
The Gibbs Firm reduced the value of a Chillicothe, Ohio manufacturing facility by more than $23,000,000, resulting in an annual tax savings of $442,000.
Location: Dayton
Property Type: Office
Tax Years: 2010
Savings: $67,000
In 2011, The Gibbs Firm was able to reduce the County’s market value on an office complex in Dayton, OH from $10,332,770 to $7,882,070. This resulted in over $67,000 in annual tax savings to the client.
Location: Cincinnati
Property Type: Retail
Tax Years: 2010
Savings: $22,000
In 2011, The Gibbs Firm was able to reduce the County’s market value on a retail shopping center in Cincinnati, OH from $4,777,370 to $3,950,000. This resulted in over $22,000 in annual tax savings to the client.
OKLAHOMA
Location: Tulsa
Property Type: Multi-Family
Tax Years: 2009
Savings: $33,000
The Gibbs Firm reduced two recently-purchased, large multi-family assets by more than 30% in tax year 2009.
PENNSYLVANIA
Location: Pottstown
Property Type: Shopping Center
Tax Years: 2011-2014
Savings: $1,130,000
A decision at the Montgomery County Court of Common Pleas led to a reduced market value on a client’s property for each of the 2011-2014 tax years, resulting in a total property tax savings of $1,130,000.
Location: Allentown
Property Type: Office
Tax Years: 2011
Savings: $75,000
In 2011, The Gibbs Firm was able to reduce the County’s market value on an office complex in Allentown, PA from $15,500,000 to $11,180,000. This resulted in over $75,000 in annual tax savings to the client.
Location: Philadelphia
Property Type: Office
Tax Years: 2010
Savings: $112,500
An office building in the Philadelphia suburbs of Horsham, Pennsylvania was reduced from a market value of $13.7 million to $6,000,000 by The Gibbs Firm in October of 2009.
SOUTH CAROLINA
Location: Greer
Property Type: Office
Tax Years: 2008-2009
Savings: $185,000
Mr. Gibbs obtained a reduction in value on a Greer, South Carolina regional office campus, saving an owner-occupier $185,000 over five years.
Location: Myrtle Beach
Property Type: Industrial
Tax Years: 2006
Savings: $550,000
The Gibbs Firm obtained a favorable change in classification from manufacturing to general commercial status for a large tire distribution facility in South Carolina through litigation against the Department of Revenue. His efforts resulted in annual tax savings of $500,000 for his client.
TENNESSEE
Location: Memphis
Property Type: Office
Tax Years: 2007
Savings: $250,000
In December of 2007, Mr. Gibbs obtained a $250,000 refund for a lender who foreclosed on a Memphis office complex.
Location: Nashville
Property Type: Multi-Family
Tax Years: 2005-2006
Savings: $1,400,000
Mr. Gibbs obtained $1,400,000 in tax savings on a portfolio of apartment complexes in Memphis and Nashville, Tennessee in tax years 2005 and 2006.
TEXAS
Location: Richardson
Property Type: Multi-Family
Tax Years: 2011-2012
Savings: $97,000
In 2012, The Gibbs Firm reduced the tax liability for two consecutive tax years on a multi-family complex in Richardson, Texas, which saved the client over $97,000.
Location: San Antonio
Property Type: Multi-Family
Tax Years: 2010
Savings: $225,000
The Gibbs Firm recently resolved State Court litigation in its client's favor by resolving tax years 2009 and 2010 for total reduction in value of $9,000,000. THe property was a nearly-new multifamily asset.
Location: Waco
Property Type: Multi-Family
Tax Years: 2009
Savings: $175,700
The Gibbs Firm obtained more than $175,000 in tax relief on a student housing property at Baylor University.
Location: Houston
Property Type: Office
Tax Years: 2009
Savings: $210,000
The Gibbs Firm successfully reduced the assessment of a Houston-area office building from more than $12,000,000 to just over $3,000,000 with no formal litigation required.
UTAH
Location: Salt Lake City
Property Type: Office
Tax Years: 2008
Savings: $54,000
A fully-lease office building was reduced to a value that was $2,000,000 below its recent acquisition price by The Gibbs Firm.
WISCONSIN
Location: Grand Chute
Property Type: Retail
Tax Years: 2012
Savings: $75,000
In 2012, The Gibbs Firm was able to significantly reduce the tax liability on a Retail Strip Shopping Center located in Grand Chute, Wisconsin. The 2012 value on this 115,000 square foot shopping center was reduced from $7,800,000 to $3,700,000 saving the client over $75,000 in annual taxes.
Location: Mequon
Property Type: Golf Course
Tax Years: 2011
Savings: $75,000
In 2011 The Gibbs Firm was able to significantly reduce the tax liability on a country club located in suburban Milwaukee, Wisconsin. The 2011 value on this 27 hole championship golf course was reduced from $6,289,100 to just $1,759,300 saving the client almost $75,000 in annual taxes.
Location: Milwaukee
Property Type: Hospitality
Tax Years: 2008 - 2009
Savings: $210,000
Mr. Gibbs reduced the valuation of a downtown Hyatt hotel by more than 25% to a value well below the recent purchase for tax years 2008 and 2009.
Location: Lathrop
Property Type: Personal Property
Tax Years: 2007 - 2014
Savings: $285,000
In 2015, Mr. Adams was able to reduce the real and personal property assessment for a San Joaquin County, CA manufacturer by a total of $26,000,000 over seven tax years saving the client over $285,000 in real estate taxes.