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.

    Industrial Sector Posts Record-Breaking Performance

    6 Mar, 2017

    Continued growth in e-commerce has driven industrial vacancy to an all-time low, declining by 70 basis points from a year ago to an aggregate nationwide vacancy of 5.6 percent in the fourth quarter...

    Ohio's Oil and Gas Industry Projects Paying $250M in Property Taxes Over 10 years

    10 Feb, 2017

    The oil and gas industry is projected to make a significant increase in property taxes payments to eastern Ohio counties over the next decade, according to two industry groups who are estimating an...

    Hotel Industry Faces Significant Challenges in 2017 Due to New Supply

    4 Jan, 2017

    The hotel industry could be facing an uphill battle in 2017 as new supply may erode pricing power and hinder performance. Hoteliers are already seeing performance dip as supply meets and surpasses...

    Ohio Bill Would Give $264M Retroactive Tax Break to Oil and Gas Industry

    21 Dec, 2016

    Ohio’s oil and gas industry may get a retroactive windfall tax break estimated at $264 million under a bill passed by the legislature during the lame-duck session The heavily amended Senate Bill 235...

    Concerns Prompt Major Revisions to Property Tax Break Bill for Ohio Developers

    5 Dec, 2016

    Local officials expressed concerns last week over a bill that gives property tax breaks to Ohio developers, prompting significant changes to the legislation. Designed to help developers predict costs...

    NREI: Best and Worst Office Markets for Revenue Growth

    21 Sep, 2016

    Based on data recently released by Research firm Reis Inc that shows office markets with the biggest year-over-year changes in effective revenue per sq. ft. during the second quarter of 2016, the...

    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...

    Study: Cincinnati Most Affordable U.S. City for Businesses

    31 Mar, 2016

    Cincinnati is the most cost-friendly city to do business among the 31 largest U.S. metro areas (those with populations of 2 million or more), according to the 2016 Competitive Alternatives study by...

    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...

    GASB Ruling to Increase Transparency in Tax Abatements

    8 Sep, 2015

    While tax abatements are an important tool for communities to attract new development and spur job growth, cities and other tax-abating governments don't often share the accumulated financial...