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.

    Challenges Affecting Physician Real Estate

    30 Sep, 2015

    The physician real estate market is dynamic and diverse in the United States due to unique local, state, and federal healthcare regulations significantly impacting the size, type, and location of...

    More Cities Adopting Inclusionary Housing Policies to Increase Affordability

    29 Sep, 2015

    As apartment rents continue to skyrocket in many city and towns across the country, more and more jurisdictions are adopting inclusionary housing programs in order to provide at least a few...

    Denver Businesses Struggle to Find Warehouse Space Due to Marijuana Industry

    28 Sep, 2015

    Since voters in Colorado legalized recreational use of marijuana in 2012, growers and distributors have gobbled up most of the available warehouse space in the Denver area. Because marijuana...

    Tallahassee Approves 13-Percent Property Tax Hike

    25 Sep, 2015

    Following several months of deliberation and one of the most divisive budget seasons in years, Tallahassee city commissioners voted 4 to 1 to approve a $706 million budget and a 13-percent property...

    Suburban Property Investments May Soon Eclipse Yields on Downtown Assets

    24 Sep, 2015

    Investors take note: despite employers following educated young professional to downtown locations, suburban office property may be poised for something of a comeback, according to Marcus & Millichap...

    California's SCA 5 Could Raise Taxes by $9 Billion

    23 Sep, 2015

    California's Proposition 13 is once again under fire, this time by a labor-union-backed organization called Make It Fair. The group contends that loopholes in Proposition 13 allow a small number of...

    Seattle Apartment Market Expected to Cool Off

    22 Sep, 2015

    A warning to apartment investors: the Seattle is market is not as hot as it seems, and rent hikes in the Puget Sound region are slowing. This is according to a new report by Seattle research firm...

    Businesses Could Shoulder Most of Chicago's Potential $500 Million Property Tax Increase

    21 Sep, 2015

    Mayor Rahm Emanuel is set to call for the largest property tax increase in modern Chicago history to combat the city's financial crisis, and businesses may be expected to shoulder most of the...

    New Filing Deadline for Personal Property Tax Returns in Oregon

    18 Sep, 2015

    This past year, the Oregon legislature made some important law changes that will affect each individual, partnership, firm, or corporation that has taxable personal property. Effective with the 2016...

    Seniors Housing Pricing Stir Bubble Concerns

    17 Sep, 2015

    Relatively high investment returns and generally improving market fundamentals has driven investor interest in the seniors housing sector. Transaction volumes are at record high levels, pricing is...

    Report: Miami-Dade Property Appeals System Needs Improvement

    16 Sep, 2015

    Miami-Dade’s appeals system for property taxes relies on antiquated software plagued by “inaccurate data" and a jumbled scheduling process that helped cause a backlog responsible for millions of...

    Austin Lawsuit Against Texas' Property Appraisal System Triggers Backlash

    15 Sep, 2015

    The City of Austin filed a lawsuit challenging Texas’ property appraisal system last month, a move supported by Mayor Steve Adler who argues that commercial and vacant lands are being systemically...

    Off Campus Hotels Have Untapped Potential to Accommodate Overflow of Students

    14 Sep, 2015

    As college enrollments soar around the globe, more students are forced to look for accommodation outside of dorms or typical off-campus housing. Hotels have untapped potential to accommodate the...

    Factors Driving the Commercial Real Estate Uptick

    11 Sep, 2015

    Commercial transaction volume and value has been on the rise in 2015, but what is driving the positive uptick? GlobeSt.com, George Ratiu, director of commercial research at the National Association...

    Macy's to Close up to 40 More Stores Next Year

    10 Sep, 2015

    Macy's will close 35 to 40 underperforming stores, around 5% of its total locations, in response to shifting shopper habits and investor demands to make better use of its real estate. While the...

    Report: Increasing Commercial Property Tax Rate Could Bring Nearly 80K Jobs to Philly

    9 Sep, 2015

    A group of Philadelphia civic and business leaders on Labor Day released a report projecting 79,000 new jobs in the city over the next decade if politicians agree to major tax restructuring. The...

    GASB Ruling to Increase Transparency in Tax Abatements

    8 Sep, 2015

    While tax abatements are an important tool for communities to attract new development and spur job growth, cities and other tax-abating governments don't often share the accumulated financial...

    New Corporate Apartment-Hotel Hybrid Plans Expansion

    4 Sep, 2015

    WaterWalk Hotel Apartments — a new concept that combines apartment living with an extended-stay hotel as a new corporate housing option — first opened a year ago in Wichita, Kansas, and has plans for...

    Emanuel Preps Biggest Property Tax Hike in Modern Chicago History

    3 Sep, 2015

    Mayor Rahm Emanuel is set to call for the largest property tax increase in modern Chicago history to raise enough money to make a major pension payment for police and firefighters next year, the...

    Evolving Trends in the Student Housing Sector

    2 Sep, 2015

    As investor interest grows in the student housing sector, several industry leaders discussed the biggest trends over the last five years and those emerging today with the National Real Estate...

    New York City Office Construction on Track to Hit 25-Year High

    1 Sep, 2015

    Business confidence, employment growth and low interest rates are driving a major push in New York City office construction, as the city is on track to hit a 25-year high this year and almost double...

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