top of page

Success Stories

 

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

 

*NEW* Location: Montgomery 

Property Type: Regional Mall

Tax Years: 2020 & 2021

Savings: $55,000

In 2020 & 2021, The Gibbs Firm, LPA reached a settlement in Montgomery County for tax 2020 and 2021 reducing the property value by $7.5 million and saving our client 55,000 in property taxes over 2020 and 2021.

*NEW* Location: Dothan 

Property Type: Regional Mall

Tax Years: 2020 & 2021

Savings: $50,000

In 2020 & 2021, The Gibbs Firm, LPA reached a settlement in Houston County for tax 2020 and 2021 reducing the property value by over $7 million and saving our client 50,000 in property taxes over 2020 and 2021.

ARIZONA

Location: Phoenix

Property Type: Hotel

Tax years: 2013-2015

Savings: $449,000

In 2014, a settlement was reached between The Gibbs Firm and the Arizona Tax Court that resulted in over $449,000 of savings for tax years 2013 through 2015. In 2015, the property assessment was reduced from $13,372,600 to $8,259,000.

ARKANSAS

 

Location: Fayetteville

Property Type: Regional Mall

Tax Years: 2017-2018

Savings: $500,000

The Gibbs Firm reached a settlement at the Washington County Circuit Court which resulted the $285,000 in tax savings for tax year 2017 and 2018.  Tax Year 2018 was further reduced in a separate negotiation with the Washington County Assessor resulting in additional savings of $215,000 for our client.

CALIFORNIA

 

*NEW* Location: Shasta 

Property Type: Neighborhood Shopping Center

Tax Years: 2016-2018

Savings: $160,000

In 2020, The Gibbs Firm, LPA reached a settlement in California on a retail marketplace for tax 2016 through 2018 reducing the property value by 6 million per year saving our client 160,000 in property taxes.

Location: Modesto

Property Type: Retail Shopping Center

Tax Years: 2017-2018

Savings: $97,500

The Gibbs Firm was able to reduce the real property assessment by a total of $9 million over two tax years. This led to the direct saving of $97,500 in real estate taxes.

Location: Shasta

Property Type: Retail Shopping Center

Tax Years: 2014-2018

Savings: $200,000

Ryan J. Gibbs was able to correct an error following a reassessment of the property, due to the property having an anchor tenant with a 35 year lease in place that cannot be reassess during the reassessment following a transfer, which resulted in a total of $200,000 in real estate taxes being saved throughout the 2014-2018 tax years.

COLORADO

 

*NEW* Location: Colorado Springs

Property Type: Regional Mall

Tax Years: 2019

Savings: $192,000

In 2019, The Gibbs Firm, LPA successfully reduced the assessment of a Regional Shopping Mall in Colorado Springs, CO by $8,000,000 at the El Paso County Assessor level for tax year 2019, saving our client $192,000 in property taxes.

Location: Colorado Springs

Property Type: Regional Mall
Tax Years: 2017-2018
Savings: $165,000

In 2017, The Gibbs Firm significantly reduced the market value for tax year 2017 and 2018, saving its client a total of $165,000 in property taxes.

CONNECTICUT

 

Location: Hartford

Property Type: Multi-Family
Tax Years: 2016
Savings: $101,000

In 2017, The Gibbs Firm successfully reduced the market value for tax year 2016, saving its client a total of $101,000 in property taxes.

 

FLORIDA

 

Location: Port Richey

Property Type: Regional Mall

Tax Years: 2018

Savings: $112,000

Ryan J. Gibbs considerably reduced the valuation of a client’s property $7 million in market value for the 2018 tax year, which resulted in a property tax saving of $112,000.

Location: Jacksonville

Property Type: Regional Mall

Tax Years: 2018

Savings: $32,000

The Gibbs Firm Firm successfully stepped down the market for tax year 2018 at the Valuation Adjustment Board, which led to $32,000 being saved on property taxes.

 

GEORGIA

 

Location: Lithonia

Property Type: Retail Shopping Center

Tax Years: 2021-2023

Savings: $455,000

The Gibbs Firm successfully settled in Superior Court with the DeKalb County Property Appraisal Department resulting in a market value reduction for years 2021-2023 which lead to saving $455,000 on property taxes.

ILLINOIS

 

Location: Matteson

Property Type: Shopping Center

Tax Years: 2017-2019 

Savings: $4,100,000

In 2019, The Gibbs Firm, LPA successfully reduced the assessment of a retail shopping center by $11,000,000 at the Illinois Property Tax Appeals Board for tax years 2017 and by $13,000,000 at the Cook County Board of Review for tax years 2018 and 2019, saving our client $4,100,000 in property taxes.

 

Location: Hoffman Estates 

Property Type: Shopping Center

Tax Years: 2019-2021

Savings: $4,900,000

In 2020, The Gibbs Firm, LPA settled an appeal for less than the original assessment after the school district had filed a complaint seeking an increase of $14.5 million at the Cook County Board of Review in Illinois on a retail strip center for tax years 2019 through 2021 which resulted in a reduction of $6 million in market value per year and saved our client over $4.9 million in taxes.

Location: Tuscola 

Property Type: Outlet Retail Center

Tax Years: 2017-2018

Savings: $540,000

Ryan J. Gibbs reached a settlement with the Douglas County Board of Review, critically stepping down the market on a client’s property from $17,000,000 to a value of $8,000,000 for 2017 and $6,250,000 for 2018. This reduction led to a total property tax saving of $540,000 for tax years 2017 and 2018.

Location: Lansing

Property Type: Retail Shopping Center

Tax Years: 2018

Savings: $665,000

The Gibbs Firm agreed to a settlement with the Cook County Assessor that reduced the market value of a client’s property from $20,000,000 to $15,000,000 and led property tax savings of $665,000 for the 2018 tax year.

Location: Algonquin

Property Type: Retail Shopping Center

Tax Years: 2018

Savings: $350,000

The Gibbs Firm considerably reduced the valuation of a client’s property from $65,000,000 to $55,000,000 for the 2018 tax year. This slightly more than $10,000,000 reduction led to the saving of $350,000 in property taxes for the year.

Location: Carbondale

Property Type: Regional Mall

Tax Years: 2016 - 2017
Savings: $684,000

In 2017, The Gibbs Firm significantly reduced the assessment of a region mall by $9,000,000 for tax years 2016 through 2017, saving its client a total of $684,000 in property taxes.

 

INDIANA

 

Location: La Porte

Property Type: Business Personal Property

Tax Years: 2017

Savings: $45,000

The Gibbs Firm worked with the County on an audit to correct an error on a client’s Business Personal Property return which resulted in the saving of $45,000 in business personal property taxes for the 2017 tax year.

Location: Noblesville

Property Type: Golf Course
Tax Years: 2015 - 2016
Savings: $47,000

The Gibbs Firm successfully reduced the assessment of a golf course from $6,257,000 to $5,240,000 for tax years 2015 and 2016, saving its client a total of $47,000 in property taxes.

 

IOWA

 

Location: Council Bluffs

Property Type: Regional Mall

Tax Years: 2017-2018

Savings: $110,000

The Gibbs Firm successfully stepped down the market two consecutive years for tax years 2017 and 2018 at the Iowa Property Assessment Appeals Board, which led to a total of $110,000 saved in property taxes.

Location: Waterloo

Property Type: Regional Mall
Tax Years: 2017 - 2018
Savings: $1,000,000

In 2017, The Gibbs Firm successfully reduced the assessment of a regional mall by more than $14,000,000 for tax years 2017 through 2018, saving its client $1,000,000 in property taxes.

 

Location: Cedar Falls

Property Type: Regional Mall
Tax Years: 2015 - 2017
Savings: $799,000

In 2017, Ryan J. Gibbs successfully reduced the assessment of a regional mall by more than $9,000,000 for tax years 2015 through 2017, saving its client $799,000 in property taxes.

 

KANSAS

 

Location: Overland Park

Property Type: Retail
Tax Years: 2016
Savings: $35,000

In 2016, our firm was able to reduce the assessment for a retail shopping center located in Overland Park, Kansas by over $1.2 million dollars.  The value reduction resulted in over $35,000 in annual tax savings.

 

KENTUCKY

 

Location: Florence

Property Type: Hotel
Tax Years: 2016
Savings: $55,000

The Gibbs Firm successfully reduced the assessment of a hotel from more than $27,296,000 to $22,200,000 for tax year 2016, saving its client $55,000 in annual property taxes.

LOUISIANA

 

Location: Baton Rouge

Property Type: Office

Tax Years: 2018

Savings: $40,000

Ryan J. Gibbs successfully negotiated a reduction a the informal review with the East Baton Rouge Parish Assessor, which resulted in $40,000 being saved in property taxes for the 2018 tax year.

MARYLAND

 

Location: Baltimore

Property Type: Stand Alone Retail

Tax Years: 2017-2019

Savings: $60,000

The Gibbs Firm represented a client whose building had caught fire and the interior was destroyed, leading to a decision by the Maryland Department of Assessments and Taxation that lowered the value of the property from to only land value for tax years 2017, 2018, and 2019. This reduction led to $60,000 worth of savings over the three years.

MASSACHUSETTS

Location: Framingham

Property Type: Big Box Store

Tax Years: 2016-2018
Savings: $128,000

In 2017, The Gibbs Firm successfully reduced the assessment of a big box store for tax years 2016 through 2018, saving its client a total of $128,000 in property taxes.

Location: Westfield

Property Type: Big Box Store

Tax Years: 2017-2018
Savings: $459,000

In 2017, The Gibbs Firm successfully stepped down the market for tax year 2018 and 2019, saving its client a total of $459,000 in property taxes.

 

MICHIGAN

 

Location: Westland

Property Type: Regional Mall

Tax Years: 2017

Savings: $340,000

Ryan J. Gibbs reached a settlement with the Michigan Tax Tribunal for tax year 2017 that resulted in a property valuation of $10,000,000 less than the original valuation. This reduction led to a property tax saving of $340,000.

Location: Grand Traverse

Property Type: Regional Mall

Tax Years: 2017-2019

Savings: $800,000

The Gibbs Firm successfully stepped down the market three consecutive years at the Michigan Tax Tribunal for tax years 2017 through 2019, saving its client over $800,000 in property taxes.

Location: Norton Shores

Property Type: Retail Shopping Center

Tax Years: 2018-2019

Savings: $225,000

After taking over for another consultant, The Gibbs Firm settled with the City of Norton Shores at the Michigan Tax Tribunal for both the 2018 and 2019 tax years, reducing the valuation of the property by $4 million for each year, leading to a total of $225,000 in property tax savings.

Location: Flint

Property Type: Regional Mall
Tax Years: 2015 - 2017
Savings: $1,400,000

In 2017, The Gibbs Firm successfully stepped down the market three consecutive years for tax years 2015 through 2017, saving its client a total of $1,400,000 in property taxes.

Location: Westland

Property Type: Regional Mall

Tax Years: 2015 - 2016

Savings: $265,000

In 2016, The Gibbs Firm successfully stepped down the market two consecutive years for tax years 2015 and 2016, saving its client a total of $265,000 in property taxes.

Location: Lansing

Property Type: Regional Mall
Tax Years: 2015 - 2017
Savings: $241,000

In 2016, our Firm successfully reduced the assessment of a region mall at the Michigan Tax Tribunal by $4,422,000 for tax years 2015 through 2017, saving its client a total of $241,000 in property taxes.

 

MINNESOTA

 

Location: Shakopee

Property Type: Retail Shopping Center
Tax Years: 2016-2018

Savings: $37,800

In 2019, The Gibbs Firm successfully reduced the market value for years 2016-2018 through a settlement with the Scott County Assessor's Office resulting in a property tax reduction of $37,800.

  

MISSOURI

*NEW* Location: St. Louis

Property Type: Office Tower

Tax Years: 2019 

Savings: $81,000

In 2019, The Gibbs Firm, LPA successfully reduced the assessment at the City of St. Louis Board of Equalization on an office building by $2,400,000 for tax year 2019, saving our client $81,000 in property taxes.

Location: Ballwin

Property Type: Commercial Retail
Tax Years: 2017

Savings: $87,000

A settlement with the Missouri State Tax Commission by The Gibbs Firm resulted in a reduction of the originally appraised value for tax year 2017, which led to property tax savings of $87,000.

 

NEBRASKA

 

Location: Grand Island

Property Type: Regional Mall

Tax years: 2017

Savings: $267,000

In 2017, The Gibbs Firm significantly reduced the property assessment on a regional mall for tax year 2017, saving its client a total of $267,000 in property taxes.

Location: Hastings

Property Type: Regional Mall

Tax years: 2016

Savings: $23,000

In 2016, our reduced the property assessment on a regional mall to one third of its original assessment resulting in $23,000 of property tax savings.

 

NEW MEXICO

 

*NEW* Location: Las Cruces

Property Type: Regional Mall

Tax years: 2020

Savings: $180,100

In 2020, The Gibbs Firm reduced the market value through a decision issued by the Dona Ana County office of the Assessor resulting in a decrease of property taxes by $180,100.

NEW YORK

 

*NEW* Location: Lansing

Property Type: Regional Mall

Tax years: 2019 & 2020

Savings: $293,000

In 2019, The Gibbs Firm, LPA successfully reduced the assessment by $5,350,000 by filing a grievance on a Regional Shopping Mall at the County Board of Assessment Review for tax years 2019 and 2020, saving our client $293,000 in property taxes.

Location: Lansing

Property Type: Regional Mall

Tax Years: 2018-2019

Savings: $215,000

The Gibbs Firm reached a settlement with the Tompkins County Board of Assessment Review which resulted in $215,000 in tax savings for tax years 2018 and 2019.

 

OHIO

*NEW* Location: Cincinnati

Property Type: Office Tower

Tax Years: 2017-2019 

Savings: $1,600,000

In 2019, The Gibbs Firm, LPA successfully reduced the assessment of a Cincinnati, OH office building by $9,000,000 at the Ohio board of Tax Appeals for tax years 2017 through 2019, saving our client $1,600,000 in property taxes.

*NEW* Location: Columbus

Property Type: Apartments

Tax Years: 2019 & 2020 

Savings: $80,000

In 2021, The Gibbs Firm, LPA reached a settlement at the Franklin County Court of Common Pleas on a low-income housing property reducing the value for tax years 2019 and 2020 from $6.9 million to $5 million resulting in over $80,000 in property tax savings for our client.

*NEW* Location: Cleveland 

Property Type: Apartments

Tax Years: 2020 

Savings: $92,000

In 2020, The Gibbs Firm, LPA settled with the Board of Education of the Mayfield City School District, avoiding an increase in market value that would have seen the valuation go from $15,572,400 to $18,000,000. The property tax savings that resulted from the avoided increase total over $92,000.

Location: Lancaster

Property Type: Industrial Warehouse

Tax Years: 2017-2018

Savings: $170,000

Ryan J. Gibbs significantly reduced the market value on a client’s manufacturing and warehouse properties from $23,000,000 to $18,000,000 in tax years 2017 and 2018. This $10,000,000 in total reductions led to $170,000 in property tax savings over the two years.

Location: Amherst

Tax Years: 2015 - 2017

Savings: $287,000

Property: Retail

In 2016, The Gibbs Firm reduced the assessment of a marketplace for tax year 2015-2016, saving its client a total of $287,000 in property taxes.

Location: Trumbull

Tax Years: 2015 - 2016

Savings: $420,000

Property: Power Plant

In 2016, The Gibbs Firm significantly reduced the assessment of a power plant for tax year 2015-2016, saving its client a total of $420,000 in property taxes.

Location: Mayfield Heights

Tax Years: 2015 - 2017

Savings: $728,000

Property: Health Care

In 2017, The Gibbs Firm significantly reduced the assessment of a nursing and rehabilitation center for tax year 2015-2017, saving its client a total of $728,000 in property taxes.

 

Location: Dublin

Tax Years: 2015 - 2016

Savings: $375,000

Property: Office

In 2016, The Gibbs Firm successfully reduced the assessment for tax year 2015 and 2016, saving its client a total of $375,000 in property taxes.

Location: Columbus

Tax Years: 2014 - 2016

Savings: $3,320,000

Property Type: Portfolio of 6 Apartment Buildings

In 2016, our Firm successfully defended against increase complaints filed by the Board of Education on a portfolio of 6 apartment buildings.  Our firm prevented a $104,720,000 increase in market value on the portfolio resulting in a total tax savings for tax years 2014 through 2016 of $3,320,000 for our client.

PENNSYLVANIA

Location: Pittsburgh

Property Type: Hotel

Tax Years: 2017-2019

Savings: $325,000

Settled at the Court of Common Pleas in Allegheny County for the tax years 2017-2019; which resulted in property tax savings that totaled $325,000. The overall property value was reduced from an average of $13,367,500 to $8,534,900 for all three years.

Location: Philadelphia

Property Type: Big Box Store
Tax Years: 2015 - 2017
Savings: $168,000

In 2017, Ryan J. Gibbs was able to reduce the market value on a big box store in Philadelphia, PA from $17,900,000 to $13,900,000. This resulted in saving its client a total of $168,000 in property taxes.

Location: Lebanon

Property Type: Big Box Store
Tax Years: 2014 - 2017
Savings: $444,000

In 2017, The Gibbs Firm successfully reduced the market value on a big box store in Philadelphia, PA for tax years 2014 through 2017. This resulted in saving its client a total of $444,000 in property taxes.

Location: Towanda

Property Type: Retail
Tax Years: 2017
Savings: $99,000

In 2017, The Gibbs Firm was able to reduce the market value on a retail store in Towanda, PA from $18,000,000 to $13,000,000. This resulted in over $99,000 in annual tax savings to the client.

Location: Monroeville

Property Type: Personal Property

Tax Years: 2016
Savings: $300,000

In 2015, The Gibbs Firm was able to reduce the assessment for tax year 2016, saving the client over $300,000 in property taxes. 

RHODE ISLAND

 

Location: Woonsocket

Property Type: Big Box Store
Tax Years: 2013
Savings: $585,000

In 2015, our firm discovered that the taxing district unconstitutionally issued a Non-Utilization tax bill for tax year 2013.  Our firm contacted the taxing district and was able to obtain a reimbursement of the previously paid Non-Utilization Tax for our client in the amount of $585,000.

SOUTH DAKOTA

 

Location: Milbank

Property Type: Office Building
Tax Years: 2016
Savings: $16,500

The Gibbs Firm successfully reduced the assessment of an office building from $2,135,000 to $1,336,000 for tax year 2016, saving its client $16,500 in annual property taxes.

 

TENNESSEE

 

Location: Memphis

Property Type: Retail
Tax Years: 2015 - 2016
Savings: $215,000

In 2016, during the course of our review of a national retailer's property we discovered a significant clerical error in the Shelby County, Tennessee property records.  Our discovery of the clerical error and knowledge of Tennessee statutes allowed our firm to reopen the 2015 valuation as well doubling the tax savings for our client.  The annual value reduction was $3,435,000, which resulted in approximately $215,000 in property tax savings.

Location: Murfreesboro

Property Type: Apartment Complex
Tax Years: 2016
Savings: $58,000

The Gibbs Firm successfully reduced the assessment of a business property from $33,800,000 to $30,100,000 for tax year 2016, saving its client $58,000 in annual property taxes.

 

TEXAS

 

Location: Murphy

Property Type: Retail Shopping Center

Tax Years: 2018 

Savings: $440,000

In 2018, The Gibbs Firm, LPA successfully reduced the assessment of a retail center in Murphy, TX by $20,000,000 at the Appraisal Review Board for tax year 2018, saving our client $440,000 in property taxes.

Location: Hurst

Property Type: Retail Shopping Center

Tax Years: 2017

Savings: $108,000

Ryan J. Gibbs reached a settlement with the Tarrant County Appraisal District that lowered the valuation on a client’s property by $4,000,000, which resulted in saving $108,000 on property taxes for the 2017 tax year.

Location: Plano

Property Type: Retail Shopping Center
Tax Years: 2017
Savings: $110,000

In 2017, our Firm successfully saved the taxpayer  a total of  $110,000 in property taxes by reducing the market value by $5,000,000.

Location: Murphy

Property Type: Retail
Tax Years: 2017
Savings: $419,000

In 2017, our Firm successfully reduced the market value by $18,000,000 for tax year 2017, saving its client a total of  $419,000 in property taxes.

VIRGINIA

Location: Arlington

Property Type: Multi-Family

Tax Years: 2018

Savings: $81,000

In a settlement at the Arlington Department of Real Estate Assessments, The Gibbs Firm reduced a multi-family apartment by over $7 million in market value for 2018 tax year, saving $81,000 in property taxes.

WASHINGTON

 

*NEW* Location: Wenatchee

Property Type: Regional Mall

Tax Years: 2018 

Savings: $122,000

In 2019, The Gibbs Firm, LPA successfully reduced the assessment of a Regional Shopping Mall by $12,000,000 at the County Board of Equalization for tax year 2018, saving our client $122,000 in property taxes.

WEST VIRGINIA

 

Location: Mt. Hope

Property Type: Regional Mall

Tax Years: 2018
Savings: $40,000

The Gibbs Firm reached a decision with the Raleigh County Assessor that reduced a client’s property valuation by nearly $3,000,000 resulting in $40,000 in saved property taxes for the 2018 tax year.

WISCONSIN

 

Location: Appleton

Property Type: Retail Shopping Center

Tax Years: 2018

Savings: $56,000

The Gibbs Firm settled with the Outagamie County Assessor, resulting in a reduced property market price which saved $56,000 in taxes for the 2018 tax year.

bottom of page