Many restaurant owners have been shocked to learn that they are unable to sell or lease their restaurant property for an amount equal to its tax assessment value. The market value of a recently built restaurant is usually less than its construction cost. When an owner attempts to set a sales price or lease rate, he is unable to recoup his costs. Excess property taxes result from improper use of the cost approach to market value.
Klout Raises $1.5 Million Series A Round
Round includes participation from ff Asset Management, Allen Morgan and Nova Spivack, among others
Blue Fountain Media Names Gabriel Shaoolian as CEO
Gabriel Shaoolian, who has overseen Blue Fountain Media’s emergence as one of the top companies in the fields of website design, development and online marketing, was named as the company’s first Chief Executive Officer (CEO) today.
