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.

    Connecticut Revaluations for Assessment Purposes

    31 Oct, 2011

    Connecticut law requires all real estate to be revalued for assessment purposes every five (5) years. The following towns are conducting a revaluation for the 2011 Grand List (10/1/2011 Valuation...

    Trends for 2012 Hint at a Long Grind to Recovery

    28 Oct, 2011

    A survey of commercial real estate investors reveals more caution and a dimmed outlook for the commercial real estate industry in 2012. According to the National Real Estate Investor, last year the...

    CMBS Issues Drove Down Retail Sales Volume in the Third Quarter

    27 Oct, 2011

    Troubles in the CMBS market affected sales activity as retail real estate investors turned their focus back to trophy assets in primary markets during the third quarter. According to Retail Traffic,...

    Commercial Real Estate Players Expect Slow Recovery in 2012

    26 Oct, 2011

    Experts in commercial real estate are expecting a slowdown in the industry's recovery, but investors are still chasing after choice properties in the nation's busiest cities. According to the Los...

    U.S. Commercial Property Index Rose 2.4% in August

    25 Oct, 2011

    Commercial real estate prices in the U.S. rose for the fourth straight month in August, and unlike previous months, distressed properties made up only a small share of transactions. The share of...

    Equalized Tax Rates in Cook County Increase

    24 Oct, 2011

    Cook County recently finalized 2010 pay 2011 tax rates and, in general, tax rates increased. The budget requirements of the more than 1,500 taxing agencies in the county were higher than expected; as...

    Lackluster Retail Fundamentals No Cause for Concern

    21 Oct, 2011

    Even though third quarter vacancy rates were flat and asking rents were slightly down from the previous quarter, researchers say retail fundamentals were in line with expectations over the last three...

    Commercial Real Estate Deals Decline in U.S. as Rebound Cools

    20 Oct, 2011

    Concerns over the economy and restraints on debt financing limited deals have caused the commercial real estate market across the country to slow over the past three months. According to SFGate.com,...

    Insurers See an Opening in Commercial Mortgages

    19 Oct, 2011

    Warnings of increasing risk in the future have led to weak investor interest and wary lenders in the commercial mortgage market over the past several months. However, according to The New York Times,...

    Increase in Hotel Transaction Activity is Expected

    18 Oct, 2011

    Indications are that an increase in hotel transaction activity will occur over the next 24 months. Keep in mind the Transaction Price Segregation as you complete your due diligence checklist. The TPS...

    Decades Old Proposition 13 Diminishing California's Future

    17 Oct, 2011

    In an effort to rein in property taxes that had doubled over a 10-year span, California voters approved Proposition 13 more than three decades ago. That movement that capped property tax increases...

    Gap to Close 21% of North American Stores

    14 Oct, 2011

    Gap Inc. plans to close about 21% of its North American Gap brand stores between now and the end of 2013. The company, which has been slowly decreasing its North American store count over the last...

    D.C. Council Questions Reinterpretation of Tax Law

    13 Oct, 2011

    Since 2007, when the city finance office reinterpreted a law governing the handling of the city's largest property transactions, the District of Columbia has lost out on about $15 million in property...

    Majority of Michigan Voters Oppose Dropping Personal Property Tax

    12 Oct, 2011

    To the surprise of no one, the majority of Michigan voters oppose the axing of personal property taxes on businesses if it means cuts to local schools, fire and police services. According to the...

    Has the Slowdown in the Office Sector Begun?

    11 Oct, 2011

    With high uncertainty about the economy, a 9.1% unemployment rate, and market gyrations over the limited ability to avoid a double-dip recession, the recovery of the office sector appears to be...

    How Uncertainty Clouds Hotel Transaction Decisions

    10 Oct, 2011

    With the current state of the commercial real estate industry, and hospitality in particular, traditional transactional rules of thumb don't apply anymore. According to Lodging Hospitality, in an...

    Luxury Retailers Face a Challenge

    6 Oct, 2011

    Luxury retailers have been performing well and posting growth year-to-date, but signs are showing that they may be in for a slight drop in the coming months. According to Retail Traffic, same store...

    Commercial Real Estate Loan Prices Rise, Revenues Up

    5 Oct, 2011

    Commercial real estate loans that collateralize CMBS increased 0.6% to 85.9% from the end of July to the end of August. Loan values are also up 4.9% from the same time a year ago. According to Market...

    Industrial Sector Poised to Continue its Improvement

    4 Oct, 2011

    Industrial real estate fundamentals began improving in the second half of 2010 after the sector was severely impacted during the recession. According to the National Real Estate Investor, led by a...

    Special Servicing Raises Industry Concerns

    3 Oct, 2011

    The role of special servicing is continuing to increase due to the nose-dive commercial mortgages have taken during the credit crisis. This is causing many in the commercial real estate industry to...

    Subscribe