As Market Values Fall, Malls Seek Lower Tax Assessments

by Mark Friedman  on Monday, Jan. 29, 2018 12:00 am   5 min read

Malls are challenging their property tax assessments as market values fall. (Beth Hall)

Two Arkansas malls are challenging their 2017 property assessments, saying they are millions of dollars too high, a move that could become a trend as market values fall for malls and department stores struggling to attract shoppers.

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