Who Tops L.A.’s Property Tax Roll?

LOS ANGELES—Office properties general top the tax roll in US metros, but a recent survey from Yardi Commercial Café found that a mix of office properties and large retail properties make up the top 10 list of commercial property tax payers. City National Plaza came in first, paying $9.5 million in property taxes in 2016, but Westfield Century City and the Beverly Center were also on the list, as well as Dodger Stadium and the JW Marriott Los Angeles. To find out more about this mix of property tax payers and why it is important to track this information, we sat down with Ionut Ciutac, the author of the survey and a real estate market analyst at Yardi, for an exclusive interview.

GlobeSt.com: Why is it important to look at the leading property tax contributors in Los Angeles?