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Commercial Real Estate Market Property Tax

Ballard Spahr LLP

Pennsylvania: It’s Time to Appeal Your Real Estate Taxes

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The Pennsylvania deadlines for appealing 2025 real estate taxes are fast approaching. There are several factors to consider in determining whether to appeal....more

Dechert LLP

IRS Private Letter Ruling Concludes REMIC Can Hold C-PACE Assessments

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Dechert LLP recently obtained an IRS private letter ruling (“PLR”) on behalf of an asset manager concluding that certain C-PACE assessments are “obligations . . . secured by an interest in real property” for purposes of the...more

Akerman LLP

New York City’s Industrial and Commercial Real Estate Tax Abatement Program to be Extended to 2029

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The New York City Industrial and Commercial Abatement Program (ICAP) will be extended to remain in effect through 2029, with no modifications. The bill to extend the deadline from March 1, 2025, to March 1, 2029, to...more

Epiq

Commercial Real Estate Market: Observations and Opportunities

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The commercial real estate market is in a fragile state. The remote working trend is not reversing anytime soon, if ever. Some analysts believed that once the pandemic ended, people would naturally revert to the “old way” of...more

Cozen O'Connor

Cozen Cities - February 14, 2024

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BOSTON — City Leading AI Industry- Boston-area companies are leading in the development of new artificial intelligence (AI) and managing data for AI use. A new report estimates that Boston’s expertise in tech and health...more

Levenfeld Pearlstein, LLC

How to Navigate a Challenging Commercial Real Estate Market

The commercial real estate market is in a period of transition. Previously, with historically low interest rates, buyers were eager to get into the “seller’s market” and would accept more seller-favorable terms to distinguish...more

Cole Schotz

New M-CORE Program to Incentivize Manhattan Office Renovations

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The New York City Economic Development Corporation (NYCEDC) and the New York City Industrial Development Agency (NYCIDA) have launched the Manhattan Commercial Revitalization (M-CORE) Program to incentivize owners and...more

McDermott Will & Emery

Managing Commercial Real Estate Taxes in California’s Challenging Market

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Without a doubt, it is difficult to find something upbeat about California’s current commercial real estate market. Property owners, economists and appraisers all agree that the market is facing one of the most challenging...more

Goodwin

Landmark Decision Regarding California Property Taxes: What Owners of California Hospitality Assets Should Know

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The California Court of Appeal (Second Appellate District) published a landmark decision on April 7, 2023, that may have significant implications for the property tax assessments of qualifying California hospitality assets...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Round-Up (06/01/22)

Cybersecurity becomes an increasing concern when buying digital land, a significant property tax break in New York is set to expire, climate disclosure mandates in commercial real estate are on the horizon, and more....more

BakerHostetler

[Podcast] The Latest in the World of Property Tax

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Listeners in the property tax world have been clamoring for an update. Here is the latest in property taxes: pandemic implications, dark stores, intangibles, and more. Dave Ebersole joins Matt Hunsaker in the virtual studio...more

Womble Bond Dickinson

E-Commerce’s Impact on Small Business in the Age of COVID-19

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Since March 2020, the COVID-19 pandemic has impacted virtually all aspects of our daily lives. Zoom meetings have replaced conference room gatherings. Kids attend classes from kitchen tables. Family movie nights are likely to...more

Goodwin

California Property Taxes: Major Changes May Be Coming

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California real estate investors and other stakeholders need to pay close attention to Proposition 15, The California Schools and Local Communities Funding Act of 2020 (a.k.a. the “split-roll” initiative). If passed in the...more

Holland & Hart LLP

Utah's Continued Momentum in Residential and Commercial Real Estate

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When you consider the rapidly expanding residential and commercial real estate markets in Salt Lake City and its surrounding suburbs, it brings to mind the highly anticipated 26-minute commute from Cleveland to Chicago via...more

Jones Day

California 2020 Ballot Initiatives Pose Risk of Major Changes to Commercial Real Estate

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The Situation: With the changes proposed to taxation of commercial real estate and residential rent control on the 2020 ballot, the real estate landscape may be changing in California. The Result: Propositions 15 and 21,...more

Williams Mullen

Williams Mullen's COVID-19 Comeback Plan: Tips for Virginia Real Estate Assessment Appeals in a COVID-19 Environment

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Litigation partner Shane Smith gives tips for protecting and improving your real estate assessment appeal rights and options in Virginia....more

Clark Hill PLC

2019 Arizona Legislative Updates Affecting Commercial Real Estate and Lending (June 2019)

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The First Regular Session of the 2019 Arizona Legislature produced a number of bills affecting commercial real estate and lending that were ultimately approved by the Governor. The text of, and fact sheets and other documents...more

International Lawyers Network

Buying and Selling Real Estate in Greece

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER GREEK LAW - 1. PROCEDURE – MAIN STEPS OF REAL ESTATE ACQUISITION UNDER GREEK LAW. Acquisition of real estate property in Greece includes mainly the following steps: •...more

Clark Hill PLC

2018 Arizona Legislative Updates Affecting Commercial Real Estate and Lending (June 2018)

Clark Hill PLC on

Judgments (HB 2240) - Current Arizona law (A.R.S. §§ 12-1551, 12-1611 and 12-1612) allows a judgment to be enforced by writ of execution only within five years of its entry, unless it is renewed. A judgment is typically...more

Jones Day

Proposed UK Real Estate Tax Regime Targets Offshore Investors' Capital Gains

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The Situation: Historically, the United Kingdom has not taxed capital gains on real estate disposals when the seller was not a UK resident. The Development: Coming into line with most of the world's jurisdictions, the UK...more

Cole Schotz

NYC Council Modifies Commercial Rent Tax

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The New York City Council approved a bill on Thursday, November 30, that impacts thousands of small business owners located south of 96th Street in Manhattan. The bill modifies the threshold that businesses must meet in order...more

Sands Anderson PC

2017 Legislative Update: New Laws Impacting Commercial Real Estate Clients

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On July 1, 2017, new laws passed during the 2017 General Assembly session will go into effect in Virginia that may impact you as someone interested in commercial real estate. They run the gamut of issues touching on the real...more

Pullman & Comley, LLC

Property Tax & Valuation Topics - Winter 2017

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On September 30, 2016, the Connecticut Supreme Court heard oral argument in Nutmeg Housing Development Corp. v. Colchester. On the face of it, the ad valorem valuation of a garden variety property in the suburbanizing Town...more

Dorsey & Whitney LLP

Business Rates: Looking Ahead in 2016 – The Good, The Bad and The Maybe

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Business rates are charged on the majority of commercial properties, such as shops and offices, and represent one of the largest overheads for businesses. They are calculated using the rateable value of the property (the...more

Pierce Atwood LLP

Rhode Island Property Tax Appeal Deadlines Approaching

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Owners of commercial, residential or investment property in Rhode Island who wish to challenge their property tax assessment(s) are reminded that significant deadlines are approaching that require immediate attention. The...more

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