Canterbury Petition (2026 Tax Year).pdf
Canterbury Realty Holdings LLC Petitioner Vs. Township Of Waterford Respondent · 26-001597-TT
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v STATE OF MICHIGAN GRETCHEN WHITMER DEPARTMENT OF LICENSING AND REGULATORY AFFAIRS MARLON I. BROWN, DPA GOVERNOR DIRECTOR LANSING _____________________________, MICHIGAN TAX TRIBUNAL Petitioner(s) MTT Docket No. _____________________________, Respondent(s) ENTIRE TRIBUNAL PROPERTY TAX PETITION 1. Property Parcel No: _____________________________________________ (If more than one parcel is at issue, attach a completed Multiple Parcel Petition Form addressing all other parcels at issue.) 2. The property identified above is ___real ___personal. 3. If more than one parcel of real property is under appeal, are the properties contiguous? ___Yes ___No. (If no, separate Petitions are required for each non- contiguous parcel.) 4. Are all of the parcels of personal property located on a parcel of real property under appeal? ___Yes ___No. (If no, separate Petitions are required for each parcel of personal property not located on a parcel of real property under appeal.) 5. If parcels of personal property are under appeal, when were the personal property statements filed by parcel number (attach additional page if necessary): 6. The property identified above is classified as _________________________ 7. If the assessment or assessments at issue were protested, the protest was made to Respondent’s ___ March ___ July ___December Board of Review. MICHIGAN TAX TRIBUNAL · 611 W. OTTAWA ST., LANSING, MI 48933 · 517-335-9760 PO BOX 30232, LANSING, MI 48909 · Other Carriers: 2407 N. GRAND RIVER AVE., LANSING, MI 48906 CANTERBURY REALTY HOLDINGS LLC CHARTER TOWNSHIP OF WATERFORD W-13-16-126-001 X N/A N/A N/A 201 COMMERCIAL IMPROVED N/A
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MTT Docket No. _________________ Page 2 of 4 8. If a protest was required and no protest was made, list the separate and specific facts upon which Petitioner relies to invoke the Tribunal’s authority over the assessment or assessments at issue (attach additional page if necessary): 9. If the appeal was not submitted by the deadline for the filing of an appeal for the classification or classifications of the properties at issue (i.e., May 31 or July 31 of the tax year involved), list the separate and specific facts upon which Petitioner relies to invoke the Tribunal’s authority over the assessment or assessments at issue (attach additional page if necessary): 10. The property or properties at issue are located in _______________County. The property or properties’ address is: 11. The assessment or assessments at issue were established by the (applicable local governmental unit): ________________________________________ 12. Petitioner’s legal residence or principal office address is: 13. This appeal involves issues relating to the (check all that are applicable): ________the property or properties’ true cash and taxable values ________the property or properties’ taxable value only If the property or properties’ taxable value is at issue, is there a dispute as to the value of an addition or loss? ___ Yes ___No ________uniformity of the property or properties’ assessment ________the property or the properties’ exemption from ad valorem taxation under MCL ______ 14. The tax year(s) at issue are: _______________________________________ N/A N/A OAKLAND 5601 HATCHERY RD. WATERFORD, MI 48329 WATERFORD TWP. ASSESSOR 175 ROUTE 70 TOMS RIVER, NJ 08755 X X 2026
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MTT Docket No. _________________ Page 3 of 4 15. If more than the current tax year is being appealed, list the separate and specific facts upon which Petitioner relies to invoke the Tribunal’s authority over the prior tax year or years (attach additional page if necessary): 16. The values for the property identified above as established by Respondent’s Board of Review are: Tax Year True Cash Value Assessed Value Taxable Value 17. Petitioner contends that the values for the property identified above are: Tax Year True Cash Value State Equalized Value Taxable Value 18. The values in dispute for the property identified above are: Tax Year True Cash Value State Equalized Value Taxable Value 19. Petitioner requests the following relief (attach additional page if necessary): 20. List the separate and specific facts upon which Petitioner relies to support the relief requested (attach additional page if necessary): N/A 2026 $34,848,060 $17,424,030 $17,424,030 2026 $20,000,000 $10,000,000 $10,000,000 2026 $14,848,060 $7,424,030 $7,424,030 Petitioner requests that the Michigan Tax Tribunal enter its order determining the assessed and taxable value of the subject real property to be an amount less than $10,000,000 and requiring Respondent to correct its assessment roll in accordance with such determination and to refund to Petitioner any and all taxes paid in excess of such determination with interest, costs and fees. See Attached.
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______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ MTT Docket No. _________________ Page 4 of 4 Signature of Petitioner’s Authorized Representative or, if none, Petitioner: Printed Name of Petitioner’s Authorized Representative or, if none, Petitioner: Email Address: _________________________________________________________ Mailing Address: Telephone Number: _____________________________________________________ Date: _________________________________________________________________ /s/ Douglas J. Fryer Douglas J. Fryer (P51765) dfryer@dykema.com Dykema Gossett PLLC 39577 Woodward Ave., Suite 300 Bloomfield Hills, Michigan 48304 (248) 203-0700 May 27, 2026
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Canterbury Realty Holdings LLC v Charter Township of Waterford 20. List the separate and specific facts upon which Petitioner relies to support the relief requested. The subject property is a 273-bed Continuing Care Retirement Community, comprised of 74 independent living beds, 39 assisted living beds, 32 memory care beds, 128 nursing beds, and a clubhouse component. It was originally constructed in 1994, with an addition constructed in 2017. The subject property is a 3-story structure with a total of 150,586 square feet. Average occupancy for the past 12 months is approximately 86%. Current occupancy is approximately 81%. The subject property, including land, improvements, furniture, fixtures and equipment, and intangibles, was purchased in 2024 for $18,000,000. For the 2026 tax year, the subject real property is assessed at a value substantially in excess of 50% of true cash value in violation of Const. 1963, Art. IX, Sec. 3 and Sec. 27 of the General Property Tax Act, being MCL 211.27.