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.

    Strong 2012 Forecasted for Rebounding Industrial Sector

    30 Nov, 2011

    While uneven, the recovery of the industrial real estate sector has slowly begun throughout 2011 and experts expect growth to continue into 2012 and beyond. According to the National Real Estate...

    $1.6 Billion Shaved off Michigan Property Tax Bills

    29 Nov, 2011

    Property owners in the state of Michigan have seen property taxes fall nearly $900 million between 2007 and 2010, amounting to a reduction of $1.6 billion when adjusted for inflation. According to...

    Growth in Commercial Real Estate Markets Expected in 2012

    28 Nov, 2011

    Commercial real estate markets have been relatively even in 2011, but according to the National Association of Realtors, improving fundamentals could mean a more positive trend in 2012. The market is...

    Traditional Lenders Continue to Finance Retail

    23 Nov, 2011

    The retail industry was one of the more favored targets for lending in the third quarter as banks and life insurance companies increased their efforts towards commercial properties. According to...

    Taxing Jurisdiction-Filed Real Property Tax Appeals in Pennsylvania

    22 Nov, 2011

    Pennsylvania is one of few states that recognizes the right of the taxing jurisdiction to initiate a real property tax assessment appeal on any tax parcel it sees fit. According to the Institute for...

    Bay Area Governments Expand the Use of Transfer Taxes

    21 Nov, 2011

    Bay Area counties are beginning to apply transfer taxes, or monies drawn by local governments when deeds for real property are transferred by sale or other transaction, to business entity transfers...

    Slight Growth in Commercial and Industrial Construction for 2012

    18 Nov, 2011

    The Associated Builders and Contractors (ABC) recent analysis of construction trends indicates that 2012 will see slight but gradual progress in the U.S. commercial and industrial construction...

    Key Indicators of Hospitality Health Registering Solid Gains

    17 Nov, 2011

    Paradigm Tax Group recently sponsored and presented at the iGlobal Hospitality & Lodging Investment Summit 2011 in New York City. The one-day event provided a snapshot of the current health and...

    Student Housing Has a Strong Foundation

    16 Nov, 2011

    The student housing sub-sector of the red hot multi-family real estate industry is attracting several developers and investors for reasons different than those of its parent. According to...

    Pontiac, MI Property Taxes May Go Up in December

    15 Nov, 2011

    Pontiac, Michigan Emergency Manager Lou Schimmel has been forced to raise property taxes in order to pay bills the city cannot afford. According to mlive.com, potential and current lawsuits over a...

    Taxes Hurting Commercial Property Owners

    14 Nov, 2011

    Increasing vacancy rates, low rents and even lower market values are really hurting commercial real estate owners, and the additions of excessive property taxes are bringing many of them to the...

    New York City Real Estate Strong as 'Storm Clouds' Gather

    11 Nov, 2011

    After just recently regaining the title of the number one city for commercial real estate investment in the world, New York City real estate continues to remain strong despite the rise in development...

    Huge Increase in Hotel Foreclosures Predicted for 2012

    10 Nov, 2011

    As debts come due with financing still available, hotel foreclosures are expected to have a huge increase over the course of 2012. According to Bloomberg Businessweek, the wave of commercial...

    Why is Retail Lagging Behind Other CRE Sectors?

    9 Nov, 2011

    Despite the turnarounds achieved by other commercial real estate sectors, retail has yet to have shown any consistent signs of recovery. No matter the type of retail, whether it is strip centers,...

    Allegheny Co. Property Reassessment Schedule May Inhibit Appeals

    8 Nov, 2011

    Allegheny County (Pittsburgh, Pennsylvania) property owners may not get a chance to file informal appeals of their assessments before the new values are certified. Informal appeals in the past have...

    U.S. Commercial Property Lending Highest Since 2007

    7 Nov, 2011

    Commercial property loans across the nation rose to their highest level since 2007 during the third quarter as banks, insurers and government-backed finance companies increased lending. According to...

    Nowhere to go but Up for Commercial Real Estate

    4 Nov, 2011

    Future investing in commercial real estate through REITs appears to be a worthwhile risk as they are benefitting from very strong indicators. According to Investment News, very low interest rates...

    Las Vegas Property Owners Should Challenge Their Tax Assessments

    3 Nov, 2011

    Key factors that affect the value of commercial real estate, such as demographics, employment, income and housing, are expecting only minimal growth in the Las Vegas, Nevada area over the next two...

    Washington DC Fixing 'Green Building Act' Loophole

    2 Nov, 2011

    Washington DC will require developers of new commercial buildings larger than 50,000 square feet, or substantial renovations to existing buildings, to meet strict environmental standards once the...

    Prices Climb for Top Senior Housing Projects

    1 Nov, 2011

    Senior housing is increasingly being viewed among investors as a safe real estate play, causing prices to rise and bidding to become competitive. According to the National Real Estate Investor, now...

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