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.

    San Francisco Office Landlords Brace for Slowdown as Startups Weaken

    30 Jun, 2016

    After spending years as the nation’s hottest office market thanks to the booming tech industry, San Francisco landlords are bracing for a slowdown as startup valuations weaken and the flood of...

    Businesses Form Coalition to End Wisconsin’s Personal Property Tax

    29 Jun, 2016

    More than 30 trade associations and businesses are banding together in an effort to increase their push to get Wisconsin's personal property tax law repealed. The Coalition to Repeal Wisconsin's...

    Brexit Could Bring More CRE Investors to the U.S.

    28 Jun, 2016

    While there is a still a great deal of uncertainty of the global impact from the U.K.’s historic exit from the European Union, many are left wondering what effects might be felt here in the U.S. in...

    Pimco Says “Storms Brewing” in U.S. Commercial Real Estate Market

    24 Jun, 2016

    Pacific Investment Management Co. sees a storm brewing for the U.S. commercial real-estate market, predicting values to drop up to 5 percent in the next 12 months amid tightened regulations, a wall...

    Apartment Vacancies Rise in Downtown Markets

    23 Jun, 2016

    Tens of thousands of new apartments are now opening in central business districts (CBDs) around the country, causing angst among apartment owners as supply is expected to continue accelerating for...

    Indiana Tax Court Delays Add Years to Cases

    20 Jun, 2016

    A recent study found the median time for cases to be resolved by the Indiana Tax Court has increased from about one year to almost 2.6 years since 2011, prompting criticism among practitioners and...

    Michigan House Advances Big Box Store Tax Assessment Legislation

    13 Jun, 2016

    A plan to prevent big box stores from paying less in property taxes may be gaining steam in the Legislature after the House approved the measure, which supporters say will lead to fairer tax...

    Supply Surge Causes Manhattan Landlords to Boost Renter Incentives

    10 Jun, 2016

    As Manhattan enters peak moving season, a surge of new supply has given tenants more choices and bargaining power, causing apartment owners to boost incentives to attract new renters. Deal...

    Hotel Sector Sees First Year-Over-Year Occupancy Drop Since 2009

    8 Jun, 2016

    Occupancy rates for U.S. hotels declined 0.5 percent during the first quarter of 2016, causing the first year-over-year decline since the fourth quarter of 2009, according to hotel data research firm...

    Lower Interest Rates, Larger Loans Available for Green Apartments

    7 Jun, 2016

    Lenders are recognizing the value of apartment properties that use less energy and are offering incentives to multifamily owners that go green. Both Fannie Mae and the Federal Housing Authority (FHA)...

    Odds for Interest Rate Hikes Plunge After Major Jobs Report Miss

    3 Jun, 2016

    The probability for a June interest rate hike plummeted Friday after a major miss in the May jobs report.  According to CNBC, the Labor Department report said U.S. economy added just 38,000 jobs, far...

    Energy Giant Adds More Office Space to Houston’s Growing Sublease Market

    2 Jun, 2016

    ConocoPhillips is the latest energy company to add a huge chunk of office space to Houston’s growing sublease market. The Houston-based company announced June 1 it will put the entire Energy Center...

    Jacksonville Mayor Warns of 30 Percent Property Tax Hike if Voters Don’t Pass Sales Tax Referendum

    1 Jun, 2016

    Jacksonville, Fla. is on the brink of going over the “financial cliff” due to the city’s pension crisis, according to Mayor Curry, who is warning voters that a failure to support the half-cent sales...

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