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.

    ‘Severe Slowdown’ May be Materializing in Houston

    30 Nov, 2015

    Some analysts are concerned that the future is looking even worse for Houston’s multifamily and commercial real estate markets due to the oil price slump. John Moran and David Chen at Macquarie say...

    Hospital Systems Adopt ‘Live, Work, Play’ Expansion Strategy to Accommodate Boom in New Patients

    23 Nov, 2015

    In anticipation of an expected boom in new patients, some traditional hospital systems are shifting their expansion strategy toward mixed-use 'mini-districts,' bringing shopping, apartments, and...

    Landlords See Opportunity in Struggling Retailers

    20 Nov, 2015

    After several retailers succumbed to filing bankruptcy this year, many owners of malls and shopping centers were left scrambling to fill vacancies. Some landlords, however, found the silver lining....

    Pennsylvania Budget Twist: Senate to Vote on a Proposal to Eliminate School Property Taxes

    19 Nov, 2015

    Just as the property tax debate began heating up in the Pennsylvania Capitol as lawmakers attempt to finalize a budget, another hurdle was thrown into the mix. Senate Republicans plan to vote next...

    Analysts Discuss Impact of Marriott-Starwood Deal

    18 Nov, 2015

    After Monday’s shocking announcement that Marriott International would purchase Starwood Hotels & Resorts for $12.2-billion and create the world’s largest hotel company, industry analysts began to...

    Atlantic Health to Pay Morristown $15.5M to Settle Property Tax Case

    17 Nov, 2015

    Morristown and the Atlantic Health System, owners of the Morristown Medical Center, finally reached a settlement, ending the closely-watched property tax battle dating back to 2006. The likelihood of...

    Industrial Market On Pace for Record-Breaking Year

    16 Nov, 2015

    The U.S. industrial market is seeing low vacancies and a significant amount of absorption, causing industrial rents to rise in most of the country’s major industrial hubs, according to Cushman &...

    Property Tax Debate is Heating Up in Pennsylvania

    12 Nov, 2015

    Property taxes are taking center stage in the Pennsylvania Capitol once again as Democratic Gov. Tom Wolf and Republican lawmakers try to balance the authority of school boards to increase taxes...

    Hotel Industry Nearing End of Expansion Cycle

    11 Nov, 2015

    While hotel developers continue to add new supply thanks to strong demand and healthy fundamentals, many experts say that 2016 may be the final year of expansion for this cycle.  Occupancy is...

    Gov. Christie Vetoes Atlantic City’s Casino-Tax Bills

    10 Nov, 2015

    New Jersey Governor Chris Christie on Monday conditionally vetoed two controversial bills aimed at stabilizing Atlantic City’s chaotic finances. In an effort to end property appeal battles, which...

    Judge Dismisses Austin’s Property Appraisal Lawsuit

    9 Nov, 2015

    The City of Austin filed a lawsuit challenging Texas' property appraisal system in August, seeking the reappraisal of thousands of commercial properties and vacant lands in Travis County. The city...

    Atlantic City’s Controversial Casino-Tax Bills Could Become Law Monday

    6 Nov, 2015

    After suffering plummeting property tax revenues for the past several years due to failing casinos, five bills aimed at stabilizing Atlantic City’s chaotic finances will become law Monday if Gov....

    Michigan Bills Target Assessment Practices for Big Box Stores

    5 Nov, 2015

    Michigan lawmakers from both parties introduced bills this week aimed at stopping a common valuation method they say gives “unfair property tax breaks” to big box stores. According to the Detroit...

    Voters Saying Yes to $930M 'Move Seattle' Transportation Levy

    4 Nov, 2015

    It looks like Seattle voters have approved the "Move Seattle" transportation levy, as more than 56 percent of voters said ‘yes’ to the measure in a count Tuesday night, making it highly likely the...

    Austin Drops Sales Disclosure Request from Texas Property Appraisal Lawsuit

    3 Nov, 2015

    The City of Austin filed a lawsuit challenging Texas' property appraisal system in August, arguing it is unconstitutional because it has allowed properties to be assigned “arbitrary and unreasonable”...

    Indiana County, Pennsylvania Extends Reassessment Appeal Deadline

    2 Nov, 2015

    After conducting its first countywide property reassessment in 47 years, Indiana County officials will have more time to hear thousands of remaining formal appeals. Indiana County President Judge...

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