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.

    North Carolina Restores Historic Tax Credit Program

    30 Oct, 2015

    After letting the historic preservation tax credit program expire last year, North Carolina legislators restored the credits in its budget last month, and developers around the state will begin...

    Offices Begin to Follow Brooklyn's Residential Boom

    29 Oct, 2015

    It is no secret that Brooklyn has been experiencing a residential boom over the past decade. And with Brooklyn having become such a desirable residential address, more and more companies are ...

    Chicago City Council Approves 4-Year, $588 Million Property Tax Increase

    28 Oct, 2015

    On Wednesday, the Chicago City Council approved Mayor Rahm Emanuel's $7.8 billion budget, which included $720 million in new taxes, fines, and fees. Facing a $20 billion pension crisis, city offices...

    Property Tax Management is so much more than just filing tax appeals…

    28 Oct, 2015

    By Stephen Newman, Executive Vice President

    The other day, I asked one of our consultants how well we had performed for one of our well known Texas investment firm clients. His answer shocked me. 

    ...

    Many Kansas Counties Forced to Increase Property Taxes to Offset Oil, Gas Industry Downturn

    27 Oct, 2015

    Many oil- and natural gas-producing counties in western Kansas are starting to suffer from the energy industry downturn, facing major local tax revenue declines just as the state is ending an aid...

    Downtown Kansas City's "Boutique Boom" Attracts National Attention, Boosts Tourism

    26 Oct, 2015

    There's a boutique hotel boom taking place in downtown Kansas City, which civic leaders say will help the city attract large conventions, as well as business and tourism travel. Nine boutique hotels...

    Business is Booming for Self-Storage Industry

    15 Oct, 2015

    It's a good time to be in the self-storage industry, as rents continue to rise, units are almost completely occupied, and competition is low due to limited new construction. One factor that benefits...

    Property Tax Abatement Approved for 'High-Impact' Project Outside Downtown Memphis

    14 Oct, 2015

    Despite continued discussion about the board’s role in providing tax abatements, known as payments in lieu of taxes, outside of Downtown Memphis, The Center City Revenue Finance Corp. approved a a...

    JLL: Houston's Industrial Real Estate Showing Signs of a Slowdown

    13 Oct, 2015

    Although Houston's industrial real estate market has performed better than the office sector through the oil slump, thanks to an increase in demand for distribution and warehouse space from the...

    Los Angeles Office Rents Continue to Climb

    12 Oct, 2015

    Los Angeles landlords enjoyed another good quarter, raising rents to cash in on the growing demand amid shrinking supply of office space. Overall, asking rents in Los Angeles County increased 8% in...

    Online Retail Sales Spur Growth in Indianapolis' Industrial Market

    9 Oct, 2015

    As consumer trends continue to shift to online shopping, the industrial segment of commercial real estate is reaping the benefits. Online retail sales account for 7.2 percent of total U.S. retail...

    Airport Hotels Outperform Competition

    8 Oct, 2015

    Hotels near or attached to airports benefit from a steady stream of travelers, which allows owners to command a higher rate premium on average over properties located elsewhere. Thanks to the steady...

    West Virginia Lawmakers Consider Dropping Business Personal Property Tax

    7 Oct, 2015

    A West Virginia committee studying tax reform is weighing options of cutting or eliminating certain taxes, and one senator said the business personal property tax may be the "sweet spot" of the...

    Detroit Office Market on Strong Path Toward Resurgence

    6 Oct, 2015

    Once the worst performing major market in the country, Detroit's office market is finally gaining momentum. Amazon and Lear Corp. both announced plans to expand in the city’s Central Business...

    New York Senate Leader Wants to Extend Property Tax Cap to New York City

    5 Oct, 2015

    New York State Senate Majority Leader John Flanagan wants to extend the state’s property tax cap to New York City. The state's tax cap limits school districts’ and local governments’ annual tax levy...

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