Read Article The Portland Assessors Office announced Thursday that revaluation notices will be mailed to property owners about four weeks later than planned because it took longer than expected to finalize new commercial property values. The notices were originally scheduled to be mailed the week of May 31, but now won’t be mailed until June 28. “The COVID-19 pandemic has impacted different sectors of the real estate market in unanticipated ways,” City Tax Assessor Christopher Huff said in a news release. “We are seeing higher vacancy and capitalization rates in certain sub-sectors of the commercial real estate market that must be taken into account as we work to set new values as of the April 1, 2021, assessment date.”