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.

    Nebraska Farmers, Ranchers Push for Special Legislative Session on Property Taxes

    31 Aug, 2015

    A newly formed group of farmers and ranchers, tentatively called Nebraskans for Tax Reform, are seeking signatures on a petition that will ask the governor to call a special legislative session, as...

    Pima County Assessor Reclassifying Airbnb Properties as Commercial

    28 Aug, 2015

    Hundreds of Tucson-area homeowners were caught off guard this year, as the Pima County assessor targeted people who rent their houses, guesthouses or condos as short-term or vacation rental...

    Louisville, Other Midwest Downtowns are Booming

    27 Aug, 2015

    It's well-known that millennials are flocking to urban cores across the country, causing developers to rush downtown in order to meet the growing demand. Midwest cities are gaining just as much...

    City of Austin Files Lawsuit Challenging Texas' "Unequal" Property Appraisal System

    26 Aug, 2015

    On Monday, the City of Austin filed a lawsuit challenging Texas' property appraisal system, arguing it is unconstitutional because it has allowed properties to be assigned “arbitrary and...

    Investors Compete for Medical Office Properties

    25 Aug, 2015

    As the Affordable Care Act (ACA) has added more than 16 million new patients to the health care system and brought out more stringent rules for providers, it has pushed many independent physicians to...

    California Hotel Sales Reach Record High

    19 Aug, 2015

    California's hospitality industry continues to thrive, as hotel sales reached over $4.4 billion during the first half of 2015, surpassing all previous midyear records since Orange County-based Atlas...

    Automotive “Game Changers" Fuel Charleston's Industrial Market

    18 Aug, 2015

    A pair of “game-changing investments," Volvo Cars North America and Mercedes-Benz Vans, is fueling Charleston's industrial sector and has the the potential to grow automotive manufacturing in the...

    Illinois Lawmakers Banned from Creating New Local Governments

    17 Aug, 2015

    Republican Gov. Bruce Rauner signed House Bill 228, forbidding the General Assembly for the next four years from approving any legislation that either creates a new type of local government or allows...

    South Florida Had Second-Most Construction Starts in First Half of 2015

    14 Aug, 2015

    Driven by the residential, retail, industrial and health care facility sectors, the South Florida metropolitan area had the second-most construction contracts awarded in the first half of 2015....

    Surging CRE Prices Spark Bubble Concerns

    13 Aug, 2015

    As commercial real estate sales and prices continue to soar to record levels in cities around the world, many industry experts are beginning to worry the global property market is headed toward a...

    Multifamily Rents Continue to Soar to New Heights

    12 Aug, 2015

    U.S. Apartment growth is not showing signs of moderating, according to the July 2015 edition of Matrix Monthly, a report on U.S. multifamily market trends in the 101 U.S. markets surveyed by real...

    Michigan Lawmakers Push to End Property Tax Discounts for Big Box Stores

    11 Aug, 2015

    A bipartisan group of Michigan lawmakers say they’ll make a major push in the fall to end special 'property tax discounts' given to big box stores. State Rep. John Kivela (D-Marquette) says when big...

    NREI: 5 Secondary Office Markets to Watch

    10 Aug, 2015

    Office investment has taken off in the past two years, with the national sales volume in the sector rising to about $40 billion in the second quarter, according to the National Real Estate Investor....

    Compass Datacenter Plans 23-Acre Atlanta Campus

    7 Aug, 2015

    Dallas, Texas-based Compass Datacenters has acquired 23.5 acres in Lithia Springs, Ga. where it plans to develop four-to-five 1.2 MW data centers in six months. Compass identified Atlanta as a...

    Flood of Luxury Downtown Austin Apartments Will Test Market

    6 Aug, 2015

    Vacancies are growing substantially in downtown Austin's luxury apartment market and another flood of expensive units is on the way, which will test the market's depth and stability over the next few...

    Illinois Senate Approves Property Tax Freeze

    5 Aug, 2015

    Illinois Senate Democrats passed legislation yesterday that would freeze property taxes statewide for two years and would help Chicago Public Schools by picking up $200 million in pension costs....

    STR: Airbnb Formidable Competitor to NYC Hotels

    4 Aug, 2015

    According to an analysis by STR, Inc., Airbnb’s presence and rates across New York, New York, make the short-term rental company a formidable competitor to the market’s hotel industry. As of 1 May...

    At Least 30 Utah Cities, School Districts Considering Property Tax Hikes

    3 Aug, 2015

    Despite the Utah Legislature passing SB97 during the 2015 session, which increased state revenue by $75 million by increasing Utah's basic property tax rate, at least 30 Utah cities and school...

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