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.

In this episode of The Brinkman Report, host Kevin Brinkman and guest Chris Nebenzahl discuss the multifamily rental market’s current trends, including a supply-demand imbalance, rising interest rates, and cautious investor sentiment. While supply has outpaced typical absorption levels, strong demand and a pullback in new construction suggest stabilization ahead. They also explore challenges in cap rate compression, extended investment timelines, and highlight resilient markets like Denver and Boise. The episode closes with a look at the national housing shortage, emphasizing continued rental demand as homeownership remains out of reach for many.

In this episode of the Brinkman Report, host Kevin Brinkman, along with COO Dan Metzger and CFO Peter Yoo, explores the state of the multifamily market, particularly in the Mountain West. They discuss the sharp decline in new apartment starts following a peak in 2023, its impact on supply and demand, and regional rent growth trends—highlighting Boise and Missoula’s positive outlook versus Salt Lake City’s oversupply challenges. The conversation covers tenant retention strategies, labor market difficulties, and the insurance and financing landscape, where agency lenders offer competitive terms. They conclude with a stable outlook on interest rates, emphasizing the need for strategic management to navigate market fluctuations.

GUEST INFO:

Pete Yoo, CFO, Brinkman Real Estate

pete.yoo@brinkmanre.com

Dan Metzger, COO, Brinkman Real Estate

dan.metzger@brinkmanre.com