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.

    Average U.S. Multi-Family Rent Hits All-Time High

    8 Aug, 2018

    Buoyed by strong second-quarter economic growth and healthy demand, the average monthly rent for multifamily markets across the United States rose $3 to an all-time high of $1,409 in July,...

    Economic Development Fuels Northern Nevada Commercial Real Estate Market

    18 Apr, 2016

    After going through one of the toughest recessions in its history, Northern Nevada’s commercial real estate market suffered greatly as rising vacancies crushed new construction activity and...

    More Than 100,000 New Hotel Rooms Expected in U.S Cities This Year

    11 Jan, 2016

    The hotel building boom continues in the U.S., as a total of 103,230 rooms within 865 hotels are currently under construction and scheduled to open through the course of 2016, according to hotel...

    Nevada Lawmakers Consider Tax Breaks for Aviation Industry, Data Centers

    20 Feb, 2015

    In an effort to make Nevada more competitive with neighboring states, Senate and Assembly members held a joint committee hearing on SB93 and AB161, which would expand tax abatements to the aviation...

    With Business Leaders' Support, Nevada's Tax System May Finally Get an Overhaul

    17 Nov, 2014

    Although Nevada's Question 3, which proposed a two-percent (2%) margin tax on business entities in Nevada with total revenue in excess of $1,000,000 to fund the operation of the public schools, was...

    Nevada Will Give Telsa Gigafactory $1.25 Billion Tax Deal

    8 Sep, 2014

    After a 5-state battle for Telsa Motors' $5 billion battery gigafactory, Nevada came out as the victor. While the five million square foot complex is expected to generate 6,500 high-paying jobs,...

    Las Vegas Commercial Real Estate Sectors Looking Up

    28 Apr, 2014

    Las Vegas' economy is finally improving, boosting commercial real estate markets in the first quarter. According to the Las Vegas Business Press, a new report from commercial brokerage Avison Young...

    Local Officials Want to Lift Nevada's Property Tax Cap

    24 Mar, 2014

    Some local government officials are pushing to lift Nevada's property tax cap that was enacted by the Legislature in 2005 when land values were soaring, but state legislators appear to be hesitant to...

    Commercial Real Estate Investors Moving to Secondary Markets

    12 Nov, 2013

    Commercial real estate investors seeking higher returns are turning to smaller markets and buying suburban properties. According to Bloomberg, demand for office buildings, retail centers and...

    Arizona Likely to Grant Apple Huge Property, Energy Tax Breaks

    7 Nov, 2013

    Mesa, Arizona will be the latest location for an Apple, Inc. warehouse, and the company is likely to receive huge property, equipment, energy and payroll tax breaks and other incentives from the...