Paradigm Tax Group Industry News

Paradigm Tax Group Industry News

Stay informed with the most current Industry News that affects your business and impacts property taxes across the nation.

    Hunt Power Creates $2B Infrastructure REITs

    30 Nov, 2010

    Hunt Power has begun the creation of two REITs that will invest up to $2.1 billion in energy infrastructure and gas storage and delivery sectors in the U.S. According to GlobeSt.com, the two new...

    Commercial Real Estate Vacancies Peaking: Realtors

    29 Nov, 2010

    Though rents are likely to continue their decline, commercial real estate vacancy rates have already peaked or will soon top out. According to abcNEWS.com, The National Association of Realtors...

    FDIC’s ‘Problem’ Bank List Grows to 860

    24 Nov, 2010

    The FDIC has said that its list of 'problem' banks has grown from 829 to 860, including many smaller banks straining under the weak economy. According to the San Francisco Business Times, total...

    Invesco's 400,000-SF Lease Marks Biggest Renewal

    23 Nov, 2010

    Invesco has signed the largest lease renewal in the Houston, Texas region this year for 10 years and nearly 400,000 square feet at 11 Greenway Plaza. According to GlobeSt.com, the building is one of...

    Mecklenburg County 2011 Reassessment

    22 Nov, 2010

    Mecklenburg County, North Carolina is putting the final touches on its first reappraisal in 8 years. County officials delayed the reappraisal two years ago due to instability in the Charlotte market...

    Office Still Lags Other Sectors; Lending Is Back

    19 Nov, 2010

    In New York City, of the four major commercial real estate sectors, office will take the longest to recover. However, the local NYC office market will fare much better than the national average....

    Commercial Real Estate: Fourth Quarter Comeback

    18 Nov, 2010

    Despite the economic hangover that has been the first three quarters of 2010, the commercial real estate (CRE) market is finally finding its rhythm and is ready to get back to its victorious ways....

    Striking Parallels between 10 Years Ago and Today

    17 Nov, 2010

    Despite the real estate market's rise and fall of the past decade, the parallels between now and 10 years ago are striking. According to GlobeSt.com, both prices and sales volume have returned very...

    Hotel Distress Helps Stoke Transaction Activity

    16 Nov, 2010

    The return of the hotel transaction market has taken longer than expected. But, according to Lodging Hospitality, a splash of high-profile acquisitions and a potential wave of distressed assets...

    Saint-Gobain and SAGE Electrochromics to Build $135M Glass Plant in Minnesota

    15 Nov, 2010

    Saint-Gobain Glass has acquired 50% of the equity from SAGE Electrochromics for the large-scale manufacture of electrochromic glass. According to National Real Estate Investor, the two companies have...

    2011 Maryland Levy Year: Reassessment Cycle and Out of Cycle Appeals

    12 Nov, 2010

    Depending on the location within the county, by January 1, 2011, approximately 1/3 of Maryland Property owners will be receiving their Levy Year 2011 Notice of Reassessment values which will be the...

    Citigroup Sells $1.4 Billion in Commercial Property Loans to OneWest Bank

    11 Nov, 2010

    OneWest Bank, the successor to IndyMac Bancorp which was seized by the Federal Deposit Insurance Corporation (FDIC) in 2008 for $10.7 billion, has purchased $1.4 billion in commercial real estate...

    Slowly, the Shopping Center Industry is Striding toward Recovery

    10 Nov, 2010

    Despite the lingering sentiment that shopping center developers, owners and managers are still on hard times, there are a number of signs that the industry is improving. According to National Real...

    In Commercial Real Estate, Signs of Moderating Pain

    9 Nov, 2010

    New data points, such as the delinquency rate for securitized commercial real estate loans falling in October for the first time in more than a year, are painting a picture of slowly moderating pain...

    San Francisco Real Estate Transfer Tax Increase on December 17, 2010

    8 Nov, 2010

    A looming San Francisco, California transfer tax hike could have investors scrambling to close transactions before the law goes into effect December 17. San Francisco voters approved a measure...

    New AZ Property Owners can Appeal Property Values On or Before December 15th

    5 Nov, 2010

    There is a new ruling in AZ that defines the word "appeal". Formerly a new owner had until December 15 to file (the following December 15 if the property was purchased between December 16 and January...

    REITs Continue Strong Rally

    4 Nov, 2010

    Washington, DC-area REITs are continuing their revival and becoming one of the few success stories in commercial real estate this year. According to GlobeSt.com, total return on the FTSE NAREIT...

    $300M Galleria Office Towers Up For Sale

    3 Nov, 2010

    Three Dallas, Texas-area office buildings, totaling more than 1.4 million square feet, have been put on the market and expect to fetch over $300 million altogether. According to the Dallas Business...

    Factory Output Surged in October

    2 Nov, 2010

    The National Association of Purchasing Management-Buffalo Inc. has reported that the Western New York manufacturing sector showed gains in every index, stark contrast to the results in the previous...

    GSA Finalizes $527M in Loans for Four Projects

    1 Nov, 2010

    The US General Services Administration (GSA) has closed on $527 million in loans for four new buildings in the Midwest and Portland, Oregon. The lending, arranged by Newmark Realty Capital, includes...

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