Posts Tagged: Losses

Philadelphia Office Values Drop 6%, With More Losses Possible

Philadelphia Office Values Drop 6%, With More Losses Possible

After a citywide revaluation, the assessed value of Philadelphia office buildings fell by nearly 6%. The City of Philadelphia expects this decline to deepen as property owners appeal their assessments. The 2025 property assessments, released this week, show a $635 million drop in taxable value, bringing total office valuations to about $10.73 billion, down from… Read more »