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.

    Calls for a 5-Year Property Tax Freeze in Atlantic City

    18 Dec, 2014

    New Jersey Assemblyman Chris Brown has called for a 5-year property tax freeze in Atlantic City along with an even further drop in casino tax assessments. According to NBC 40, Brown claims that...

    Atlantic City Allowed to Collect Unpaid Casino Hotel Property Taxes

    7 Nov, 2014

    A recent ruling from the U.S. Bankruptcy Court will allow Atlantic City, NJ to collect up to $30 million in unpaid property taxes from the former Revel Casino Hotel. According to The Wall Street...

    Atlantic City’s Casino Closings Have Far-Reaching Effects

    29 Jul, 2014

    By Jack Nash, Northeast Area Leader / Principal, Philadelphia

    Detroit Approves Property Tax Overhaul

    18 Apr, 2014

    Due to complaints of widespread over-assessments, the Michigan State Tax Commission, which is responsible for setting property taxes, approved plans to overhaul the troubled department. Detroit will...

    Bankruptcy Judge Allows Detroit Property Owners to Proceed with Appeals

    23 Aug, 2013

    A U.S. bankruptcy judge in Detroit, Michigan confirmed on Thursday that property tax appeals will be heard, despite the city's bankruptcy and hundreds of refunds put on hold for property owners...

    Detroit Files for Bankruptcy

    19 Jul, 2013

    Detroit, Michigan has filed the largest municipality bankruptcy case in the nation's history, ultimately succumbing to the pressures of massive population loss, a shrinking tax base and financial...

    Bankruptcy Precedent Set for Single-Asset Real Estate Owners

    9 Sep, 2011

    A strategy by a Nevada real estate company may set a new precedent for investors attempting to reorganize under Chapter 11 bankruptcy protection. According to the National Real Estate Investor, by...

    Job Stagnation Should Prompt Property Sector Risk Assessment

    8 Sep, 2011

    A lingering cloud of uncertainty remains as the economy entered a period of stagnation a few months back as confirmed by an August job report. According to GlobeSt.com, despite the disappointing job...

    Borders Files for Chapter 11 Reorganization Relief

    17 Feb, 2011

    Borders Group has filed for reorganization relief under Chapter 11 of the Bankruptcy Code, a forgone solution for the company by many analysts in the commercial real estate industry. According to an...

    In Commercial Real Estate, Signs of Moderating Pain

    9 Nov, 2010

    New data points, such as the delinquency rate for securitized commercial real estate loans falling in October for the first time in more than a year, are painting a picture of slowly moderating pain...

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