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.

    Houston Office Vacancy at Highest Rate Since 1994

    20 Jul, 2017

    Florida Lawmakers Advance Bill to Extend Solar Energy Property Tax Break to Businesses

    13 Feb, 2017

    A Florida Senate committee has unanimously approved Senate Bill 90, which would implement Amendment 4 and eliminate property taxes on solar and other renewable energy devices installed at commercial...

    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...

    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...

    Houston Office Vacancy Rates Hit 20-Year High

    8 Jul, 2016

    The prolonged slump in oil prices has taken a serious toll on Houston’s office market, as the energy industry hub now has 10.2 million square feet of space available to sublease and vacancy rates are...

    Energy Giant Adds More Office Space to Houston’s Growing Sublease Market

    2 Jun, 2016

    ConocoPhillips is the latest energy company to add a huge chunk of office space to Houston’s growing sublease market. The Houston-based company announced June 1 it will put the entire Energy Center...

    Continued Hotel Supply Growth in Oil and Gas Regions Raises Concerns

    4 May, 2016

    After more than a year of weak oil prices, the fallout of roomnight demand in oil-producing areas has waned as supply growth continues its strong upward momentum, which means more trouble ahead for...

    Will the Fed's Decisions on Interest Rates Affect Commercial Real Estate Values?

    10 Mar, 2016

    The interest rates that banks borrow money from the Federal Reserve have been near zero for over 6 years now, and commercial real estate investors have greatly benefited from the low interest rate...

    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...

    ‘Severe Slowdown’ May be Materializing in Houston

    30 Nov, 2015

    Some analysts are concerned that the future is looking even worse for Houston’s multifamily and commercial real estate markets due to the oil price slump. John Moran and David Chen at Macquarie say...