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.

    D.C.'s Vacant Property List Mushrooms

    31 Aug, 2011

    More than 1,350 owners of what the District of Columbia has deemed vacant or blighted property are about to receive a shock in the mail in the form of their property taxes. According to the...

    Commercial Real Estate Markets Sluggish

    30 Aug, 2011

    Projections for significant growth in the commercial real estate market made earlier this year have now been moderated due to weaker than expected economic growth and job creation. Despite the slower...

    Kansas Property Tax Appeal Fees Double

    26 Aug, 2011

    A Kansas property tax appeals panel unanimously voted to double many fees it charges business owners who apply for an appeal on their properties. According to the Kansas Reporter, these higher fees,...

    Michigan Business Tax Repeal Could Hit Cities Hard

    25 Aug, 2011

    The phasing out of the personal property tax on Michigan businesses is leaving city officials in fear of even more cuts to their already shrunken revenues. According to The Detroit News, Michigan...

    Pennsylvania-wide Real Estate Assessment Information

    24 Aug, 2011

    In light of recent news coming out of Allegheny County regarding possible tax increases, as well as the appeal deadline for some Pennsylvania Counties coming next week on September 1st and the...

    Tax Appeals Soar as Commercial Property Owners Protest Valuations

    23 Aug, 2011

    The decision by the Pima County, Arizona Assessor's Office in February to raise commercial property valuation in 12 of 14 categories was met with much negative reaction as many thought it did not...

    July Hotel Demand Increases 3.6%

    22 Aug, 2011

    The U.S. hotel industry reported the largest number of rooms sold during a calendar month in July 2011, with a 3.6% increase over July 2010. According to data from STR, the industry sold over 105...

    Real and Personal Property Valuation in Florida

    19 Aug, 2011

    Have you considered a simultaneous review of your Florida real and personal property valuations for 2011? Paradigm Tax Group has a unique approach to valuing hotels/resorts, golf, and assisted living...

    Property Tax as an Economic Development Tool

    18 Aug, 2011

    Present and future property tax implications are a major factor for companies that are deciding to expand or relocate, as they represent the largest tax burden amongst businesses. According to the...

    LA Mayor Calls for Removal of Limits on CRE Property Assessments

    17 Aug, 2011

    Los Angeles, California Mayor Antonio Villaraigosa has proposed the dismantling of the state's Proposition 13 in favor of a "grand bargain" that would boost levies on business property. According to...

    Investors Turning to Single-Tenant, Triple-Net Properties

    16 Aug, 2011

    As commercial real estate recovers, primary markets like Washington, D.C. and New York City have attracted the most capital due to their high barriers of entry, lack of construction and transparent...

    A Consequence of Eliminating the Michigan Personal Property Tax

    15 Aug, 2011

    The Michigan legislature did not include the personal property tax repeal in recent budget discussions, but is expected to revisit the issue in September. In prior discussions, one of the stumbling...

    Shift towards Renting Means Opportunity for Apartment REITs

    12 Aug, 2011

    With the reality being that more Americans are choosing to rent over buying a home, combined with a growing population, good opportunities are present in apartment REITs. According to Registered...

    Florida Legislators Putting Property Tax Amendment on the Ballot

    11 Aug, 2011

    In a new measure, Florida Legislators are looking to cap annual increases in the taxable value of commercial property to 5%. According to the Orlando Sentinel, this smaller cap, lowered from 10%,...

    What Does S&P Downgrade Mean for Real Estate?

    10 Aug, 2011

    The S&P decision to downgrade the U.S. debt rating is, by itself, unlikely to affect commercial real estate investors directly, but economists remain divided over the implications on the industry....

    How Debt Crisis Could Impact Office Sales Market

    9 Aug, 2011

    While the value of San Francisco, California commercial real estate is not directly tied to Wall Street and its issues, the financial turmoil is having an impact on the CMBS market. According to the...

    Kansas Panel Weighs Higher Fees for Property Tax Appeals

    8 Aug, 2011

    A Kansas panel is proposing charging property owners much higher fees in order to file property tax appeals. According to the Kansas Reporter, the new rules would require commercial property owners...

    Report Links Unemployment, REIT Performance

    5 Aug, 2011

    As the economy still struggles, with no positive trends in sight, the real estate industry is likely to continue to feel an impact due to lagging fundamentals. According to GlobeSt.com, unemployment...

    Utah Value Notices Issued: Appeal Deadline is September 15th

    4 Aug, 2011

    By now, all Utah counties have issued their 2011 value notices. The deadline to appeal your property's assessed value is September 15th (the "Assessed Value" on the notice is the one that will be up...

    CMBS Delinquencies Rise to Record High in July

    3 Aug, 2011

    After receding in May and June, the delinquency rate for CMBS loans 30 days or more past due climbed 51 basis points to reach 9.88% in July. According to the National Real Estate Investor, the rate...

    City of Philadelphia Common Level Ratio Set at 18.1%

    2 Aug, 2011

    After years of an approximate 32% common level ratio in Philadelphia, the State Tax Equalization Board in Pennsylvania recently set the common level ratio at 18.1%. The substantial drop in the ratio...

    Several Metro Atlanta Governments Raising Property Tax Rates

    1 Aug, 2011

    Hard-hit local governments are increasing property taxes all over the Metro Atlanta, Georgia area. According to 11alive.com, counties like Clayton, Cobb, DeKalb, Fulton and Gwinnett are telling their...

    Subscribe