How are property taxes assessed in Portland,OR.
I haven't underwritten anything in Portland in a while.  How does the city of Portland assess property taxes for Multifamily?  I'm creating a static model for a development project as if it were stabilized today.  Are taxes calculated as a percentage of implied value X a millage rate?

Thanks in advance!
[{"id": "ffvkzwi", "text": "Feel free to reach out, I work for a national property tax firm and can get you answers.", "replies": [], "depth": 1}]