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.

    Florida Voters Approve Amendment to Extend Solar Energy Tax Break to Businesses

    31 Aug, 2016

    Florida voters approved a constitutional amendment by more than 70 percent in Tuesday’s primary election, which will exempt solar and other renewable energy devices on business and industrial...

    NAR Forecast: CRE Market to Continue 'Upward Trajectory'

    30 Aug, 2016

    Buoyed by a steadily improving labor market and strong demand for multifamily housing, commercial real estate activity should remain on an upward trajectory, with a growing share of it is expected to...

    Kansas City Council Proposes a 75 Percent Property Tax Break Cap for Development Projects

    29 Aug, 2016

    A proposed Kansas City incentive reform ordinance that would place a 75 percent cap on property tax diversions, abatements or exemptions for development projects was roundly supported last week at...

    Student Housing Sector to See Surge in Demand

    22 Aug, 2016

    As the early results of the student housing fall leasing season roll in, the sector will continue to attract new investors and the bidding for properties will likely intensify. Occupancy rates are on...

    Cuomo Proposes Plan to Revive NYC’s 421a Program

    19 Aug, 2016

    Gov. Cuomo announced Wednesday a plan to resurrect New York City’s 421a property tax abatement program, but real estate development experts are a bit weary of the proposal. It’s been eight months...

    Benefits of Investing in the Midwest Apartment Market

    17 Aug, 2016

    While the Midwest multifamily market may never experience the headline-grabbing stats that core, coastal cities do, its reliability continues to make the region an immensely attractive environment...

    Analyst: Overcapacity, Deflation Creating 'Awful' Operating Climate for Food Retail

    15 Aug, 2016

    The current deflationary environment in food retail — particularly in the midst of an otherwise healthy economy — is a nearly unprecedented event in recent industry history and indicates an operating...

    San Francisco Proposes Transfer Tax Increase for Properties Over $5M

    11 Aug, 2016

    Despite previously approving transfer tax increases in 2008 and 2010, San Francisco voters will be asked again in November to raise transfer taxes on properties that sell for more than $5 million....

    Philadelphia School District Program to Target ‘Undervalued Properties’ and Increase Tax Revenue

    10 Aug, 2016

    The Philadelphia School District announced Tuesday that it will begin a three-year pilot program to identify undervalued properties throughout the city in an effort to increase tax dollars. The...

    E-Commerce Demands Shifting East Coast Warehouse Hubs

    9 Aug, 2016

    As online retailers shift their focus to two-day and same-day package delivery, warehouse builders are beginning to redraw the map of logistics hubs on the East Coast. Historically, the area around...

    Alert: City of Baltimore Engaging in "Reverse Assessment Appeals"

    8 Aug, 2016

    By Paul Shoup, Senior Managing Consultant, Washington D.C.

    In the state of Maryland, properties are reassessed every three years (triennial) and assessments are phased in over the three-year cycle....

    JLL: Five Key Trends Shaping the U.S. Skyline

    4 Aug, 2016

    JLL recently released their mid-year update to the 2016 Skyline Report, which provides insights on office supply, demand, rents and leverage for the top-tier office market within CBDs and urban...

    Student Housing REITs Are Earning Top Grades

    3 Aug, 2016

    While college students might not seem like the ideal tenant for landlords, the share prices of the two student-housing REITs are soaring. Shares in Education Realty Trust, a Memphis-based landlord...

    Florida Proposal Would Extend Solar Energy Tax Break to Businesses

    2 Aug, 2016

    Florida voters will be asked on the primary-election ballot on Aug. 30 to extend the residential solar energy tax break to commercial and industrial property owners, and thus significantly expand...

    Chicago Tax Bills Expected to Worsen in 2017 as Pension Liabilities Soar

    1 Aug, 2016

    Despite enacting the largest property tax increase in modern Chicago history this year, escalating pension costs are expected to trigger another significant tax increase in 2017. According to the...