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.

    Utah State Tax Commission Rules Pipelines Should be Assessed as Real Property, Not Personal Property

    30 Dec, 2015

    A recent ruling by the Utah State Tax Commission concerning the assessment of pipelines could have major implications for pipeline companies statewide. In the case of Summit Water Distribution...

    Tech Demand Driving Rapid Rent, Occupancy Increases for Seattle Office Market

    29 Dec, 2015

    As the Puget Sound/Seattle region has evolved into one of the nation’s leading markets for technology jobs, the office sector is reaping the benefits.  Fifteen new office towers are currently under...

    Cincinnati City Council Extends Property Tax Abatements for Development Along Streetcar Route

    15 Dec, 2015

    The Cincinnati City Council approved new framework for awarding property tax breaks to developers doing projects in downtown and Over-the-Rhine. The number or years that developers can receive...

    Another New Jersey Hospital to Fight for Non-Profit Property Tax Exemption

    14 Dec, 2015

    CentraState Healthcare System, located in Freehold Township, is a private, not-for-profit health organization with 285 in-patient beds and 2,600 employees, making it one of western Monmouth County's...

    Office Market Overhaul in Downtown L.A. Sparks Oversupply Concerns

    11 Dec, 2015

    Downtown Los Angeles is undergoing a surge of investment, with developers in the process of overhauling more than one million square feet of tired warehouses and old office buildings in at least...

    Manhattan Apartment Vacancies Reach Highest Level Since 2006

    10 Dec, 2015

    Apartment vacancies in Manhattan have risen to the highest level in more than nine years, which may indicate that the post-recession run-up in rents may begin to cool. The vacancy rate in November...

    Sacramento Could Start Benefitting from Bay Area’s Tech Spillover

    9 Dec, 2015

    Apple Inc. investing at least $13 million in the massive Elk Grove campus expansion is the latest sign that the Sacramento region is finally gaining traction with technology employers. While Bay Area...

    Factors Driving Apartment Investors’ Renewed Activity

    8 Dec, 2015

    Despite the summer slowdown, investors can’t seem to stay away from the multifamily sector, and transaction activity is high once again. October was an especially busy month, as investors traded...

    Minnesota’s $1.9B Surplus Revives Push for Business Tax Cuts

    7 Dec, 2015

    After officials unveiled a projected $1.87 billion surplus heading into the next legislative session, The Minnesota Chamber of Commerce and more than 70 other business groups began advocating for...

    Massive Mixed-Use Developments on New Rail Line Spike Corporate Interest in Irving, Texas

    4 Dec, 2015

    Thanks to a couple of massive mixed-used development on Irving's new rail line — the former 78-acre Texas Stadium site and the proposed 157-acre project surrounding Verizon's campus — the North Texas...

    Michigan Lawmakers Debate Data Center Tax Exemption Bills

    2 Dec, 2015

    Today the Michigan House Tax Policy committee advanced legislation that would provide large tax breaks to cloud-computing data center companies. The tax exemptions were requested by Nevada-based...

    California Court Sets Time Limit to Challenge New Property Tax Levies

    1 Dec, 2015

    In a ruling on Albany school taxes, a California appeals court limited the amount of time taxpayers have to challenge their new property assessments to 60 days. Even if a local school board assesses...