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Common sense. Uncommon service.

Michel Gray Rogers is a full-service property tax law firm, with 100+ years combined property tax and real estate experience among its principals. This experience, along with our legal background and valuation knowledge, gives us the ability to understand and navigate all angles of property tax issues. This is true for even the most complex properties and most challenging situations. If there is a single characteristic that describes Michel Gray Rogers it is the desire to serve, to serve first. Understanding the needs of our clients is a priority commitment for us.

Legal skill and a common sense approach create a powerful mix. With our roots in Texas and our broad experience in the courtroom, boardroom and halls of the state Capitol, MGR offers clients a unique perspective. Common sense and legal vision are not just the foundation of our legal strategy, however. This combination also shapes the choices we make and the way we practice law: we work hard, we are creative, and we stand up for our clients.

Client Driven.

Our primary interest is in helping you, our client. To develop the strongest, most effective client-attorney relationship, we know that we must listen to you and understand your goals and concerns. We then design our strategy to fit your objectives. Whether you need to protest a legal issue at the administrative level, meditate a dispute or take it to court, or deal with policy makers, we focus on the best outcome for you. Efficient. Proactive. Effective. MGR works for you.

Commitment to Excellence.

At MGR, we’re committed to giving our clients 100%. MGR’s results-driven approach and tenacious advocacy secure the best possible results for our clients. We are committed to the highest level of professionalism in serving our clients and community. And we pride ourselves on our integrity and strict adherence to the ethical principles that govern the legal profession.

Our Focus

Office Buildings

Fee simple market value must be considered when evaluating office buildings. Owners buy buildings based on leased-fee, which is different than the tax code fee-simple definition. To the extent leases are above market or include concessions such as tenant allowances, adjustments must be made to reflect prevailing market conditions.

Medical Office Buildings

Doctors and ancillary service providers within medical offices and clinics often have symbiotic relationships. For instance, an orthopedic surgeon may utilize MRI services of his neighbor down the hall and rehab services from another tenant. These opportunities often result in some tenants paying above market rents not attributable to the real estate, and must be discounted for property tax purposes.

Hotels

Only a portion of the room rate covers the real estate occupied by the hotel guests.The balance pays for occupancy taxes, food, housekeeping services, reservation systems and a recognizable brand name. Separating the non-real estate is essential in arriving at a fair property tax value.
Shopping Centers

The value of power centers is dependent on the intangible leasing and management expertise that can attract and retain synergistic tenants. A detailed lease deconstruction is necessary to ensure only the land and buildings are taxed.

Banks

Branch banks are designed to increase deposits from a very defined demographic area. A premium is often paid to acquire a site and built a structure that projects strength. However, market value is largely a function of prevailing rental rates in the area for general retail space, and must be considered when valuing banking facilities.

Manufacturing

Integrated manufacturing plants are configured for unique processes creating "value-in-use" to the owner/occupant. Since property taxes are based on "value-in-exchange," functional and economic obsolescence must be evaluated to derive a value suitable for alternate users.
Nursing Homes

The revenue generating capability of skilled nursing facilities is largely dependent on obtaining a facility license which entitles the holder to provide 24 hour nursing and rehabilitation care, dietary programs and other services. A careful allocation of revenue and expenses is required to ensure going-concern business value is not taxed.

Machinery and Equipment

Machinery and equipment are typically valued by assessors using trending schedules based on age and original cost. However, market data from brokers and dealers often proves that assessors' schedules are overstated.

Warehouses

When valuing owner-occupied warehouse space, assessors often utilize a cost approach but only account for physical depreciation which overstates the property tax value. To properly quantify all forms of depreciation, market-derived adjustments for functional and economic obsolescence must be calculated using a pro-forma income study.
Strip Centers

Retail strip centers are ubiquitous in the urban landscape. Tenant credit worthiness, lease duration, rent concessions, competition and neighborhood market conditions all are considered to determine fair taxable value.

Apartments

Multi-family assets experience excessive wear and tear from residents, making repairs and renovations a frequent occurrence to keep the properties competitive. Adequate long-term allowances for roof, parking, HVAC, make-ready and other capital expenses must be calculated and included to determine a fair property tax assessment.

High-Tech Equipment

Computer-driven high-tech equipment depreciates rapidly due to advancing technology. These machines also experience heavy duty cycles adding to physical deterioration. Consumables such as dies and bits, and intangibles such as software, must be deducted from the cost of the equipment when determining fair property tax value.

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512.477.0200

Common sense. Uncommon service.

Client Driven.

Commitment to Excellence.

Our Focus

Office Buildings

Medical Office Buildings

Hotels

Shopping Centers

Banks

Manufacturing

Nursing Homes

Machinery and Equipment

Warehouses

Strip Centers

Apartments

High-Tech Equipment

512.477.0200