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.

    Top Six U.S. Cities for Office Occupancy Costs

    29 Jul, 2016

    Many markets across the U.S. have benefited from high demand pushing office rents to record levels. However, experts say uncertainty surrounding Brexit and the upcoming election turmoil may cause...

    South Florida Condo Sales Slow Further in Q2

    28 Jul, 2016

    Sales of new condos in coastal Miami and Fort Lauderdale slowed even further in the second quarter, a report by brokerage firm ISG World found.  According to the South Florida Business Journal, condo...

    Surge of 'Class A' Apartment Construction Starting to Shift Supply-Demand Balance

    26 Jul, 2016

    The U.S. apartment market still has considerable strength, according to the latest National Multifamily Housing Council‘s quarterly survey on apartment market conditions, but the surge of supply is...

    Are Medical Clinics the Next Major Tenant for Shopping Centers?

    25 Jul, 2016

    As brick-and-mortar retailers continue to be squeezed out by Amazon and its online competitors, shopping center owners are continuously looking for creative solutions to their anchor tenant problems....

    Data Centers Implement Green Initiatives

    22 Jul, 2016

    Data center are required to run uninterrupted 24 hours per day, 365 days per year, unlike any other property type, so it is no surprise that owners are actively investing energy-efficient features...

    Emerging Trends for Luxury Apartments

    20 Jul, 2016

    As luxury apartment developers look to cater to the next generation of renters, many new trends are beginning to evolve.  While high-rises with resort-style amenities are here to stay, millennials...

    U.S. Industrial Market Sets Absorption Record in Q2

    19 Jul, 2016

    The U.S. industrial market has absorbed a record-setting 70.1 million square feet of space in the second quarter, up 6 percent from the same period a year ago, according to Cushman & Wakefield....

    Denver’s Affordable-Housing Plan Includes Development Fees and a Property Tax Increase

    13 Jul, 2016

    The city of Denver on Tuesday unveiled details of a sweeping plan to generate $155 million over 10 years to help pay for affordable-housing solutions across the city. According to the Denver Business...

    California’s Property Tax Revenues to Increase by $3-Plus Billion

    12 Jul, 2016

    A strong surge in real estate transactions, new commercial and residential construction and rising housing prices should add more than $3 billion to California’s property tax rolls, bringing the...

    Alert:  Arizona Tax Court Rules Amended Property Tax Appeal Decision May Not Always Restart the Appeal Deadline

    11 Jul, 2016

    As we head into the State Board of Equalization (“SBOE”) appeal season in Arizona, taxpayers and practitioners should be mindful of two recent rulings by the Arizona Tax Court addressing an issue of...

    Houston Office Vacancy Rates Hit 20-Year High

    8 Jul, 2016

    The prolonged slump in oil prices has taken a serious toll on Houston’s office market, as the energy industry hub now has 10.2 million square feet of space available to sublease and vacancy rates are...

    NIC: Seniors Housing Occupancy, New Construction Sag Slightly in Second Quarter

    7 Jul, 2016

    The average occupancy rate for independent living and assisted living properties in the second quarter of 2016 dropped to 89.7 percent, as new inventory outpaced absorption of units, according to a...

    Hotel Developers Seek Adaptive Reuse Projects

    6 Jul, 2016

    Developers are increasingly looking for adaptive reuse projects as a way to differentiate their hotels from the industry’s ‘sea of sameness.’ Although converting an existing building to a hotel can...

    Miami-Dade Property Values Surge Higher than Expected

    5 Jul, 2016

    In June, Miami-Dade’s property appraiser reported real estate values grew 8.6 percent higher than in 2015; however, the latest accounting from the assessor show there was actually a 9.1 percent surge...

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