
Episode 12: Multifamily Assessments Down 25%? What to Expect from 2025 Property Taxes
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In this episode of the Brinkman Report, host Kevin Brinkman is joined by Matt Poling, a principal at Ryan, to explore the intricacies of property tax assessments in Colorado and the Mountain States ahead of the May 1 deadline. Matt explains Colorado’s biannual reassessment process, the impact of 2023’s sharp rise in single-family home values, and what to expect for multifamily properties, which could see a 15% to 25% decrease in assessed values in some counties. The conversation covers how assessment ratios and mill levies influence tax bills, the importance of timely appeals, and the broader market performance of office, retail, and industrial assets. They also examine how legislative changes, including the repeal of the Gallagher Amendment, are reshaping property taxation across the state.
Guest Info:
Matt Poling, Principal, Ryan
Matt.poling@ryan.com
Matt Poling is a Principal in the Denver office of Ryan, the leading global tax services and software provider. With over 30 years of experience in tax and accounting, he specializes in the valuation, assessment, taxation, and exemption of real and personal property across a wide range of industries—including commercial, industrial, hospitality, office, multifamily, and REITs. He leads and develops property tax professionals across a 12-state region, delivering strategies that help clients reduce tax liabilities, enhance cash flow, and mitigate compliance risk. A Certified Public Accountant (CPA), his prior roles include leadership positions at Deloitte Tax LLP, Arthur Andersen, and Thomson Reuters Property Tax Services. Known for his client-first approach, he is dedicated to building long-term partnerships, fostering team growth, and advancing Ryan’s commitment to innovation, inclusion, and corporate responsibility.