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.

    Absence of Personal Property Tax Benefits Minnesota Businesses

    29 Jul, 2011

    Business owners in the state of Minnesota hold a distinct advantage as it is one of only 15 states across the nation that doesn't levy property taxes on equipment, inventory and other on-site...

    No Construction Recovery Expected Until 2012

    28 Jul, 2011

    Overall nonresidential construction is expected to decline by 5.6% this year, but forecasters are projecting a 6.4% increase in spending in 2012. According to the American Institute of Architects,...

    Middle Tennessee Sees Surge in Hotel Construction

    27 Jul, 2011

    Nashville, Tennessee is experiencing an increase in hotel construction with around 1,400 rooms being built and 2,100 in the planning stages. According to The Tennessean, the surge of construction,...

    Commercial Real Estate Outlook Improving

    26 Jul, 2011

    With steady demand for apartments leading the way, the commercial real estate market is increasing its stability. According to Bloomberg Businessweek, a Moody's review of commercial property trends...

    Las Vegas Commercial Real Estate: How Low Can It Go?

    25 Jul, 2011

    Las Vegas, Nevada commercial real estate has been one of the hardest hit sectors by the economy, as the market was already flooded with unused space from overbuilding during its boom prior to the...

    CMBS 2.0 Far Healthier Than Volatile 2007 Loans

    22 Jul, 2011

    Commercial Mortgage Backed Securities (CMBS) analyst, Fitch Ratings, contends that the post-recession crop of loans is less risky than those securitized in 2007, the most volatile year for CMBS....

    Seattle's Office Vacancy Rate Expected to Fall

    21 Jul, 2011

    Despite differing reports from the second quarter, commercial real estate experts all expect office vacancies to fall in Seattle, Washington for the remainder of 2011. According to The Seattle...

    U.S. Commercial Property Prices Increased 6.3% in May

    20 Jul, 2011

    With a boost in value from the rebound in distressed real estate, U.S. commercial property prices increased for the first time in six months this May. According to Bloomberg, The Moody's/REAL...

    Will Borders Closings Add to Retail Real Estate Woes?

    19 Jul, 2011

    With the announcement by Borders that they have asked a bankruptcy judge to let it cease operations and liquidate its remaining 399 locations, the real estate implications it will cause are coming to...

    Is Now the Time to Invest in REITs?

    15 Jul, 2011

    Compared with the residential real estate market, commercial real estate has made some strides in recovery, but progress is likely to remain slow due to employers reluctance to hire and expand amid a...

    US Hotel Demand Powers Ahead

    14 Jul, 2011

    Hotel occupancy gains are still outpacing gains in room rates, as the U.S. hospitality industry continues on with its recovery that was established in the first quarter of 2010. According to PKF...

    New Virginia Legislation that Aids Taxpayers

    13 Jul, 2011

    Several recent rulings of the Virginia Tax Commissioner have further defined the status of assets regarding their classification as machinery and tools. In Virginia, only assets that are directly...

    CRE Vacancy Rates from the Second Quarter

    12 Jul, 2011

    Office vacancies in the United States continued to decline in the second quarter of 2011, dropping to 16.2%. This marks the fourth consecutive quarter of decline since office vacancy peaked at 16.8%....

    More Empty Stores at U.S. Malls

    11 Jul, 2011

    U.S. Malls and Strip Centers saw vacancy rates rise once again in the second quarter as the economy continues to prevent small-store owners from flourishing. According to The Wall Street Journal, the...

    CRE Investors Go Out on a Limb

    8 Jul, 2011

    As 2011 hits the halfway point, a growing number of commercial real estate investors are reaching beyond the safety of well-located, fully leased properties in major gateway cities. According to the...

    U.S. Apartment Market Revenues Jump 2.5% in Q2

    7 Jul, 2011

    The U.S. apartment sector produced near-record revenue growth in the second quarter of 2011. According to OKCREview.com, occupancy climbed 0.8% during the past three months, and effective rents...

    Indianapolis Industrial Businesses Seek Property Tax Abatements

    6 Jul, 2011

    Three new job-creating projects from companies operating in Indiana's eroded industrial sector are seeking property tax abatements from the city of Indianapolis. According to indystar.com, Carrier...

    Distressed Commercial Real Estate Hits $181B

    5 Jul, 2011

    The volume of distressed commercial real estate in the United States continues to remain high as recent figures report $181.1 billion in June 2011 for such properties. That figure is a $0.5 billion...

    Commercial Lenders Take Step into Riskier Deals

    1 Jul, 2011

    As the market for commercial real estate loans starts its comeback, so too are the risky practices that were common in the recent boom. According to the New York Times, an increasing number of...

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