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.

    Kansas Lawmakers to Vote on Property Tax Lid Acceleration Legislation Compromise

    29 Apr, 2016

    Kansas House and Senate negotiators moved toward compromise Thursday, outlining exemptions on legislation that would advance the implementation of the property tax lid law passed last year. Gov. Sam...

    Mayor Walsh Voices Support of Property Tax Hike to Fund Affordable Housing in Boston

    28 Apr, 2016

    During a news conference yesterday on City Hall Plaza, Mayor Walsh announced her support of the Community Preservation Act, which would add a property tax surcharge to raise funds for more affordable...

    U.S. Shopping Centers Remained Steady During First Quarter

    27 Apr, 2016

    Despite a growing number of bankruptcies and online disruption, U.S. shopping centers remained steady throughout the start to 2016, with slightly higher rents and fewer empty spaces. Cushman &...

    Industrial Tenants Favor New, Modern Properties

    25 Apr, 2016

    The U.S. industrial market has been performing better than ever. Occupancy hit its highest point in 30 years during the first quarter of 2016, and 57.8 million sq. ft. of space was absorbed, up 9.3...

    Illinois House Passes Property Tax Freeze, But Most Communities Will Be Exempt

    22 Apr, 2016

    The Illinois House of Representatives voted against a proposal to freeze property taxes statewide, which would have provided some much needed relief to property owners who bear the third-highest...

    Louisville Leads Nation in Commercial Renovations

    21 Apr, 2016

    Louisville took the top spot of a new list of the Top 20 U.S. Cities for Commercial Remodeling by BuildFax, a North Carolina-based company that compiles and distributes data on the construction...

    New Assessment Escrow Mandate for Nassau County Commercial Property Owners

    20 Apr, 2016

    Nassau County will begin informing 14,000 area business owners this week of a new state law that officials say will result in tax hikes for all commercial properties but will end the county’s need to...

    Pittsburgh Puts Property Tax Appeals on Hold

    19 Apr, 2016

    Pittsburgh placed about 1,300 appeals it initiated on 2016 property tax assessments on hold while it comes up with a more fair process that could help keep long-term residents in neighborhoods where...

    Economic Development Fuels Northern Nevada Commercial Real Estate Market

    18 Apr, 2016

    After going through one of the toughest recessions in its history, Northern Nevada’s commercial real estate market suffered greatly as rising vacancies crushed new construction activity and...

    ULI: Commercial Property Transaction Volume Expected To Decline Over Next Three Years

    14 Apr, 2016

    Commercial property transaction volume is expected to decline over the next three years to $475 billion in 2018, according to a new three-year economic forecast from the Urban Land Institute (ULI)...

    'Banked' Office Space in San Francisco Poses Risks

    13 Apr, 2016

    San Francisco’s booming office market is starting to raise some concerns, as tech industry turbulence could reappear and cause companies with banked space to suffer.  Thanks to the tech industry, San...

    Overall Property Values Up 9 Percent in Gwinnett County, GA

    12 Apr, 2016

    Real estate values in Gwinnett County, GA have increased significantly once again due to the improving economy.  Property owners should be on the lookout for their property-tax assessment notices,...

    U.S. Industrial Rent Growth Expected to Begin Decelerating in 2016

    8 Apr, 2016

    Despite U.S. industrial rent growth significantly outpacing the rest of the world last year, industry experts predict it will start to moderate in 2016.  According to the recently released Prologis...

    When "No" Means "Yes" Later: Why You Should Stay Committed to the Property Tax Appeal Process

    7 Apr, 2016

    It is no secret that significant commercial real estate investments continue to pour into the great state of Texas. However, if an owner isn’t lucky enough to receive major tax breaks from local...

    REITs Outperform Broader Market in March

    6 Apr, 2016

    The performance of real estate investment trusts (REITs) outpaced the broader markets during March and ended the first quarter with a 5.86 percent total return.  According to Urban Land Magazine, the...

    Following Investigations, New Jersey to Order Property Revaluations in 3 Municipalities

    5 Apr, 2016

    Following investigations opened in November by state officials, three New Jersey municipalities will be ordered to conduct property revaluations, after not doing so for a least a quarter century....

    Real Estate Appeal Deadline Reminder: Marion County, Indiana

    4 Apr, 2016

    Property owners in Marion County, Indiana should be on the lookout for their property tax bills, which will be mailed later this week. While the deadline to appeal has already passed for most Indiana...

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