Paradigm Tax Group would like to congratulate consultant Seth Krchmar on his achievement while attending the Institute for Professionals in Taxation’s 2013 Personal Property Tax School. Part of the graduation requirements includes a final project in which students are assigned to groups and work together to prepare a case study presentation at the conclusion of the week-long course. The groups utilized various valuation techniques and appraisal principles learned while attending the school to propose a market valuation for the mock personal property case study. After all the groups presented to the Board of Review, the judges scored the presentations based on various standards and criteria to determine a winner. Out of approximately 20 groups, Seth and his group members were awarded first place. We are proud of Seth’s accomplishment and the skills and knowledge he gained through the program. We look forward to seeing his continued success in our Atlanta office.
The Riverside Company Acquires Paradigm Tax Group from Monitor Clipper Partners
Boston, Cleveland, and Phoenix, November 4, 2013 – The Riverside Company (“Riverside”), a global private equity firm, today announced that it has acquired Paradigm Tax Group (“PTG”) from majority owner Monitor Clipper Partners (“MCP”), a Boston-based private equity firm, and the other equity holders of PTG. PTG is one of the leading providers of outsourced property tax management services to commercial, industrial, and manufacturing property owners with 31 offices across the U.S. Key leadership, including CEO Bob Dunlap and Director Oscar Diaz, will remain in their respective roles. Additional terms of the transaction were not disclosed.
Charlie Yoon of MCP, which sold its stake to Riverside said, “I would like to thank Bob Dunlap and the entire PTG Team for a great partnership. We appreciate all their efforts over the last several years and we wish them the very best as they continue on their growth path with The Riverside Company.”
“PTG’s national footprint, dedicated focus on property tax, and talented employee base truly differentiates it from its competitors and has led to meaningful growth over time,” said Riverside Partner Matt Dailey. “We are excited to be partnering with PTG CEO Bob Dunlap and his team, and we intend to aggressively support PTG’s robust organic growth opportunities and proven acquisition strategy.”
“We are excited to be entering the next phase of PTG’s growth and to be doing it alongside the Riverside team,” said Dunlap. “We believe Riverside’s resources can accelerate our growth plans as we continue to provide our clients with market-leading tax consulting services.” Dunlap continued, “I would like to thank our original investor, Monitor Clipper Partners, for supporting PTG for the last several years with its strategic guidance and operational expertise, particularly related to the development and execution of our acquisition strategy as well as reorganizing our senior management structure, each of which have proven instrumental to our recent success and longer term prospects.”
William Blair & Company, L.L.C. acted as exclusive financial advisor to PTG in the transaction. Winston & Strawn LLP served as legal counsel to PTG and Squire Sanders (US) LLP served as legal counsel to the PTG management team. Jones Day served as legal counsel to Riverside.
Golub Capital was Administrative Agent and Sole Bookrunner on the senior financing along with GE Capital as Syndication Agent and Siemens Financial. New Canaan Funding provided the mezzanine financing.
PTG, based in Phoenix, AZ, is one of the leading providers of outsourced property tax management services to commercial, industrial, and manufacturing property owners in the U.S. Paradigm specializes in analyzing its clients’ real and personal property portfolios to identify potential tax-saving opportunities. PTG primarily serves clients in the real estate, industrial, hospital, and financial services industries. Through its network of 31 offices strategically located across the U.S., the Company serves more than 2,500 clients. PTG combines national property tax assessment and tax management services with strong local relationships and a proprietary technology platform, enabling PTG to provide superior client service and outcomes. (www.paradigmtax.com)
Monitor Clipper Partners is a Boston, MA-based independent private equity firm formed in 1998. MCP has invested in over 40 businesses in North America and Western Europe, focusing primarily on partnering with founders and owners of middle-market companies. MCP provides strategic and operational support to maximize the value of its portfolio companies. MCP has invested approximately $2.0 billion in equity since its formation. (www.monitorclipper.com)
The Riverside Company is a global private equity firm focused on acquiring growing businesses valued at up to $250 million (€200 million in Europe). Since its founding in 1988, Riverside has invested in more than 320 transactions. The firm’s international portfolio includes more than 70 companies. (www.riversidecompany.com or www.riversideeurope.com)
Paradigm Tax Group would like to congratulate Connie Gannon, Managing Consultant in our San Antonio office, for her new appointment on the board for the CREW (Commercial Real Estate Women) San Antonio Chapter, as well as membership in the National CREW Network. She will serve a two-year term starting in January 2014. CREW Network is the industry's premier business networking organization dedicated to advancing the achievements of women in commercial real estate. Founded in 1989, the organization boasts 9,000 members located in 74 major markets across North America, and representing nearly every discipline within the industry. CREW’s mission is to influence the success of the commercial real estate industry by focusing on fulfilling four key initiatives: business development, leadership development, industry research and career outreach.
“We noticed right away that Connie has a commitment to excellence and great work ethic to build our next generation of leaders for CREW SA,” said Kim Ghez, 2013 CREW San Antonio President.
The Paradigm Tax Group team is proud (though not surprised) of Connie’s achievement, as CREW membership is elite and requires the highest level of professionalism.
Paradigm Tax Group Director Del Kolbe had this to say about her honor, “Connie Gannon, to use a business cliché is the “consummate professional”. Due to her sterling reputation in the Commercial Real Estate (CRE) marketplace and within our industry we seized the opportunity earlier this year to bring her into the Paradigm fold. This award is not just well deserved but reflects the presence, diligence nd dedication she has brought to every professional role in her notable career. CREW has established itself as a major player in the CRE industry and we couldn’t be more proud of Connie being elected to this important role in Texas.”
Paradigm Tax Group is pleased to welcome Charlene Wong as the newest member of our Corporate Administrative team. As our company continues to grow exponentially, both organically and via acquisitions, Paradigm was in need of a Human Resources Manager. With more than 20 years of experience in the field, we are certain Charlene will excel in the new position and be a great asset to the company. She will be working in our Phoenix, Arizona office.
Charlene’s goals for Paradigm’s Human Resources Department include: recruiting and retaining top talent; supporting the talent development of our employees through professional development, career development and improved performance management; promoting the achievement of work-life balance and wellness in our employee community; delivering HR services, programs and communications which are highly valued by our prospective employees and employees; and fostering a diverse, inclusive community with a positive work environment.
Charlene obtained her bachelor’s degree in Human Resources Management from Arizona State University. Upon graduation, she worked in various human resource roles with Aetna Life & Casualty, The Lavidge Company Advertising & Public Relations, and most recently with Identity Theft 911, located in Scottsdale, AZ.
Paradigm Tax Group is proud to announce that Marc B. Johnson, formerly of the Utah State Tax Commission, has joined our team as a Senior Managing Consultant. Because of Johnson’s valuation experience, work with the Utah State Tax Commission, and knowledge of and reputation in the marketplace, he will be opening Paradigm’s newest location in Salt Lake City, Utah.
“My goal is to increase overall profitability by making Paradigm the dominant market presence for property tax consulting in Utah,” Johnson states.
Johnson recently completed his third four-year term as a Commissioner of the Utah State Tax Commission. He was first appointed by Governor Michael Leavitt in January 2000. The four-member commission is established by the state constitution and is responsible for the supervision and administration of the tax laws of the state, including tax policy, administrative rules, advising the legislature and governor on tax issues, and adjudicate tax disputes. The Commission also supervises the Executive Director, who is responsible for managing operations of the various divisions within the Tax Commission. Commissioner Johnson’s primary responsibilities included issuing private letter rulings, analysis of centrally assessed properties, and supervising the Economic and Statistical Unit.
Paradigm Tax Group is proud to announce the recent acquisition of Sage Tax Group. The collaboration of Arizona’s top market leaders enhances Paradigm’s presence as the Southwest region’s most experienced and credible property tax consulting practice.
“The Sage Tax Group fits perfectly into the qualifying criteria of our strategic acquisition program,” states Bob Dunlap, CEO and Regional Director of Paradigm Tax Group. “With their sterling reputation both in the market place and with assessors, their top-notch personnel, and their market share, Sage Tax Group epitomizes what we are trying to achieve through our strategic growth plan.”
In addition, the merger will provide Arizona clients of both firms with the benefits of working with an industry leading, successful national company, while maintaining outstanding local market expertise.
“The synergies between our two firms in terms of reputation, deliverables, results and client service will make for a seamless transition for our clients” says Gary W. Heimbach, Principal of Sage Tax Group. “Our clients will benefit tremendously from the national office network, the portfolio management portal, and the unprecedented level of assessor relationships that the merged company will enjoy, not just in Arizona but all across the nation.”
Paradigm Tax Group is pleased to announce the acquisition of Donald C. Walker & Associates, Inc., a Dallas firm specializing in the administration of property tax appeals. Paradigm’s relationship with Donald C. Walker & Associates dates back to the early 1980’s, when Donald Walker, the founder, introduced Del Kolbe, Director of Paradigm Tax Group, to the property tax consulting industry. Today, Donald C. Walker & Associates is headed by Donald’s son Brett Walker, who is the sole proprietor.
“As with our other recent acquisitions, Brett brings an excellent reputation, superb client list, excellent management skills, and a strong revenue stream that will enhance our Texas profit center,” says Del Kolbe. “The acquisition of Donald C. Walker & Associates represents another key win in Paradigm’s strategic acquisition strategy.”
“I am extremely happy to be joining Paradigm’s nationally renowned property tax practice,” said Brett Walker, “Paradigm’s tradition of providing outstanding results and unparalleled client service are synonymous with the philosophies of Donald C. Walker & Associates. The added strength of Paradigm’s national office network and highly credentialed Managing Consultants will provide excellent additional resources for our strong and loyal client base.”
Paradigm welcomes Brett to the Dallas office, and we look forward to enhancing our extensive footprint in the Dallas and Fort Worth markets while providing our clients with another high-level, experienced professional resource both in this important geographic region and throughout the nation.
Connie Gannon joins Paradigm Tax Group as a Managing Consultant and Regional Market Development Representative with over twenty years’ experience as a Senior Property Tax Consultant, Tax Consultant and Commercial Appraiser.
Connie possesses comprehensive knowledge of property tax management, as well as tax due diligence performed for hotel/motel, retail, golf courses, offices, apartments, industrial, healthcare facilities and business personal property.
Connie's past and current memberships include the Commercial Real Estate Women (CREW), Institute of Real Estate Management of San Antonio (IREM), Board Member of Building Office Management Association (BOMA), San Antonio Manufacturer's Association (SAMA) and San Antonio Apartment Association (SAAA).
Connie is based in Paradigm's San Antonio office where she will primarily be responsible for developing new business throughout Central and Southern Texas. Connie can be reached at (210) 477-1800 x 103 or firstname.lastname@example.org.
San Francisco, California – Paradigm Tax Group and Ad Valorem Solutions, LLC (AVS) today announced they have entered into a definitive agreement for Paradigm to acquire AVS. The acquisition bolsters Paradigm's traditional industry strength and expands its position as California's most experienced and credible property tax consulting practice. "AVS' California clients include many of the nation's largest owners, managers and developers of commercial property portfolios," said Del Kolbe, Regional Director and Principal of Paradigm Tax Group. "In seamlessly integrating their local expertise with Paradigm's outstanding national practice, the combination of these two market leaders will allow clients to benefit from a state-of-the-art online reporting system and enhanced geographic property tax services across the entire nation; all delivered through a single point of contact.”
Theodore (Ted) F. Bayer, Co-Founder and Principal of Ad Valorem Solutions, said, "AVS' long-term commitment to employ detailed, up-front analysis alongside market data obtained from highly reliable sources has allowed us to develop proven methodologies that detect trends in local and regional assessed market values." Timothy G. Doss, Co-Founder and Principal of AVS, continued, "Adding our Solution Strategy© valuation approach to Paradigm's local expertise in multiple markets will allow regional and national clients to benefit from proven, industry-leading best practices. Coupled with the unparalleled commitment each of our firms has consistently made to client service, together we will provide best-in-class services and solutions to property owners locally, regionally and nationally.”
Washington DC - It is with great pleasure that Paradigm Tax Group's Washington DC office introduces our newest Senior Managing Consultant, Tony George. Tony comes to Paradigm with more than 20 years of assessment experience handling all types of commercial property. Tony was the former Chief Assessor of the District of Columbia and we look forward to integrating his intimate knowledge of the District into our game plan for increasing our market share in DC.
Tony's email address is email@example.com and his office phone number is 703-877-0781.
Paradigm Tax Group is pleased to announce the addition of Tim Monahan to our outstanding team of Account Representative professionals. Tim joins Paradigm having spent the last ten years as an Account Manager with Thomson Reuters where he closed engagements with a number of large commercial real estate firms and Fortune 500 manufacturing corporations.
Tim is based in Paradigm's Washington DC office where he will primarily be responsible for developing new business throughout the DC Metro area including Virginia and Maryland. Tim can be reached at (703) 877-0500 or firstname.lastname@example.org.
The property tax practices of Paradigm Tax Group and The Stallings Group have joined forces to form the Southeast region’s leading property tax consulting practice. “The combination of these two market leaders will allow for the seamless integration of The Stallings Group’s owners, employees, and customers into Paradigm’s national practice,” said Oscar Diaz, Regional Director and Principal of Paradigm Tax Group. “Combined, the expanded practice will offer enhanced service delivery and state-of-the-art online reporting capabilities while providing enhanced geographic property tax services all across the nation.”
“The joining of our two companies will allow our regional clients to benefit from the proven best practices of the nation’s fastest growing property tax firm,” said Jeff Margarite, Principal of The Stallings Group. He added, “In addition, Paradigm’s clients, who consist of many of the nation’s largest and most respected property owners, will benefit from the addition of our outstanding regional reputation, our track record of results, and our unparalleled client service to the traditional strengths of Paradigm’s local Atlanta office.”
Paradigm Tax Group is pleased to announce the hiring of Dan Schaffler as Internal Auditor based out of our headquarters in Phoenix, AZ. Dan comes to Paradigm from Olmsted County, MN where he worked as a Real Estate Appraiser since 2006. While there, Dan appraised residential, commercial and agricultural properties for Ad Valorem taxes and was involved in developing and implementing strategic management plans for the Property Records and Licensing Department.
Paradigm Tax Group is pleased to announce the opening of its 29th office to be located in Tucson, Arizona. The new office further strengthens Paradigm's commitment to provide local expertise and continues to position Paradigm Tax Group as the industry's premier national property tax practice.
Nicholas Ruiz, Managing Consultant, will manage the office. He joins Paradigm from Bancroft & John P.C. where he handled property tax appeals in Arizona and Nevada. Nicholas specializes in all types of real estate appeals, reviewing and appealing over $1 billion worth of commercial real estate over the past three years.
Bob Dunlap is Paradigm's Regional Director responsible for the Tucson office and Kylie Cook will serve as the office's Regional Market Development Executive.
As a result of Paradigm Tax Group continuing to strengthen our commitment to provide local expertise and position ourselves as the industry's premier national property tax practice, we are pleased to announce the following new hires for the month of April:
Paradigm now boasts over 135 professionals in 28 offices across the nation.
Paradigm Tax Group is pleased to announce that it has continued its expansion across the United States during the first quarter 2012 with the addition of key personnel in our Atlanta, Cleveland, St Louis and Phoenix office locations. These new consultants and administrators add to our already highly skilled team of property tax professionals currently in place at one of our 28 offices.
In addition, PTG continues to seek quality professionals throughout the country and has specific needs in Chicago, Detroit, Cleveland, Austin, Dallas, Houston and Philadelphia. If you are willing to accept the challenge of possibly joining our high energy, high quality team of property tax professionals, please send your qualifications to email@example.com for immediate consideration.
Paradigm Tax Group is pleased to announce the opening of its 28th office to be located in New York, New York.
The office will be staffed by Sharif Mitchell and Ian Shorts. Both Sharif and Ian come to Paradigm Tax Group with a combined 20 years property tax experience and have extensive experience in client service and managing property tax office operations in the eastern United States.
While client representation in the city has until now has been provided by our Buffalo, New York and Philadelphia, Pennsylvania offices, PTG leadership identified a need for a local office in the largest metropolitan area in the United States. The opening of the New York office further strengthens Paradigm's commitment to provide local expertise and continues to position Paradigm Tax Group as the premier national property tax practice. Oscar Diaz is Paradigm's Eastern Director responsible for the New York office, and Lisa Story will serve as the office's Regional Marketing Development Representative. Please visit the locations page for NYC office contact information.
Paradigm Tax Group is thrilled to announce that Tom McDonald and his Indianapolis based firm, Midwest Governmental Services, will join forces with Paradigm Tax Group. Tom has been in the property tax business since the mid 1960s and has built a superior reputation for quality service with his clients and within the assessor community. For more information about this important expansion of Paradigm’s Indiana practice, click here.
Paradigm Tax Group is pleased to announce the intention of opening of its 28th office to be located in New York, New York. An opening date of November 1, 2011 is anticipated. While client representation in the city has until now been provided by our Buffalo, NY and Philadelphia, PA offices, PTG leadership identified a need for a local office in the largest metropolitan area in the United States. The opening of the New York office further strengthens Paradigm's commitment to provide local expertise and continues to position Paradigm Tax Group as the premier national property tax practice. Oscar Diaz is Paradigm's Eastern Director responsible for the New York office, and Lisa Story will serve as the office's Regional Marketing Development Representative. The website will be updated once location and contact numbers are finalized later this month.
Paradigm Tax Group is pleased to welcome Len Mastrapa to our team of Account Representative professionals. Len joins Paradigm having spent the last several years in a related industry as a sales consultant where he assisted companies in developing and implementing their sales processes from concept, thru prospecting, closing, and account management. Len is based in our Ft. Lauderdale office where he will primarily be responsible for developing new business throughout South Florida.
Paradigm Tax Group is pleased to announce that Scott Boad has joined our team as an Regional Market Development Manager based out of our Seattle office.
Scott joins us with many years of experience in business development and management. He spent nearly 6 years as a sales professional and sales team leader for Thomson Reuters' property tax business, and has over a decade of practice in the residential real estate and investment marketplace. He was a multi-year sales leadership award winner with Thomson Reuters, and is also the designer of a unique residential real estate sales model centered around corporate ideologies and customer service principles. Scott comes to us with years of lead generation and relationship building experience, as well as Salesforce database management expertise. He was educated at Arizona State University, and was also a graduate and instructor at Dale Carnegie Training.
After many years in Arizona, Scott is happy to be back in his home state of Washington. He looks forward to growing Paradigm's business in Seattle, where he is joining two other Thomson Reuters alumni, Pat Howard and Ken Groesbeck. He will be focusing his efforts on expanding the company's real estate consulting practice in the Pacific Northwest and manufacturing client base along the west coast.
Paradigm Tax Group and its California based Consultants have recently joined the newly formed California Association of Taxpayer Advocates. CATA was created by property tax professionals in California to protect the interests of California property tax payers and property owners with respect to adverse legislative proposals. The Association has plans to actively support legislation, rules and regulations that enhance the rights of taxpayers and property owners. And there are plans to promote education initiatives for the public in property tax controversy matters that affect taxpayers. We are pleased and proud to join with other fine professionals in California representing taxpayers interests and advocating on their behalf.
Paradigm Tax Group is pleased to announce that Gabe Garcia has joined our Phoenix office as a Junior Programmer. Gabe is pursuing a Bachelor of Science in Computer Information Systems from DeVry University. The CIS program at DeVry is known for its real-world approach to meeting the technical challenges of today's business environments. Gabe is excited to start his career as a software developer at Paradigm. He will be providing support and administration of our national property tax system (NPTS), as well as writing code in its ongoing development.
Paradigm Tax Group welcomes Carlos Villatoro to our Dallas office as a managing consultant. Carlos received his Bachelor's degree in accounting from Texas Tech University. He served for one year in the business personal property department of the Dallas Appraisal District, followed by four years with the staff commercial department. While with the commercial department, Carlos handled and defended tax consultants' appeals on the informal and formal hearings, gaining a vast knowledge on valuing all major commercial property types. Outside of appeal season, his main level of expertise is land valuation in Dallas County. At the district, Carlos received the Registered Professional Appraiser designation and maintains strong relationships with appraisers of all levels and departments. He currently is working on a property tax consulting license in Texas.
Paradigm Tax Group is pleased to announce the hiring of Dennis Marx, a managing consultant now serving our St. Louis and Kansas City offices. Dennis has over 30 years of experience in commercial property valuation and county representation at the local and state levels. He is a former senior consultant with a large regional firm, as well as a former commercial valuation specialist with the Johnson County, KS, Appraiser's Office. Dennis holds experience in the review and defense of valuations at the informal level of appeal and State Court of Tax Appeals, as well as state and federal tax legislation, and market analysis in preparation for appeals in various jurisdictions. He received his BGS in Psychology from the University of Kansas.
Paradigm Tax Group's San Antonio office recently moved into a new
office space on E Sonterra Blvd, in the Commons at Concord Park. Myrtle Faucett along
with JD Garcia and Gloria Munoz comprise Paradigm's Central Texas Team who has been chosen
to enhance and expand the Paradigm footprint into Central and South Texas. San Antonio
joins Dallas, Houston and Austin as one of Paradigm's four Texas locations and one of 30+ locations nationwide.
Both Myrtle and JD come from diverse property tax backgrounds having served on the side of the Appraisal Districts for many years prior to becoming Property Tax Consultants. Myrtle comes from Tarrant County and JD's background was established in the Rio Grande Valley, as the Chief Appraiser for Cameron County. Both individuals are licensed as Senior Property Tax Consultants and both have established great working relationships with the Appraisal Districts throughout Texas.
Myrtle and JD have 27 and 33 years of experience in ad valorem taxes respectively. Both Consultants have experience and knowledge of appraisal of every type of commercial property, special complex properties, abatements and exemption issues. Myrtle is a Certified Senior Property Tax Consultant in Texas and Arizona and is a member of CCIM, IPT, IAAO, TAAO and CREW. JD is a Certified Senior Property Tax Consultant in Texas and was a former chief appraiser in Cameron, Jack and Zavala Counties.
Paradigm Tax Group Senior Managing Consultant and Principal, Cameron
Moore, was featured in the March 2011 issue of Shopping Centers Today in an article titled,
A Second Opinion: Landlords Could Save Millions by Appealing Property-Tax Assessments.
Highlights of Cameron’s analysis include the discussion of transfer taxes and increases
in property tax assessments on shopping center sales. Cameron states that property owners
should consider a deal-price
analysis or a purchase-price
allocation for additional tax savings. According to Cameron, “These tax savings
typically range from 15 percent to 25 percent of the transaction’s face value,
depending on the type of shopping center sold. Oddly, though, only relatively small numbers
of center owners are jumping on the tax-appeal bandwagon, despite the potential savings.”
To read the full article from Shopping Centers Today and more of Cameron Moore’s analysis, click here.
Paradigm Tax Group is pleased to announce the opening of its 26th office in Denver, Colorado. The new office further strengthens Paradigm's commitment to provide local expertise and continues to position Paradigm Tax Group as the industry's premier national property tax practice.
Stan Wagner, Senior Managing Consultant, will manage the office. He joins Paradigm with a wealth of experience gathered from a long and distinguished property tax consulting career. Stan has owned and operated his own property tax consulting practice for the past 10+ years during which time, he has developed strong local relationships with assessing personnel and he has achieved significant property tax reductions for numerous clients throughout the Mountain Region. Also joining Stan in the Denver office is Rebecca Helm, former Senior Accountant at BRE Properties. Stan and Rebecca can be reached at our Denver Office at (303) 708-1215 or at firstname.lastname@example.org or email@example.com.
Paradigm Tax Group is pleased to announce the opening of its 25th office in Pittsburgh, Pennsylvania. While client representation in the Western Pennsylvania region has until now been provided by our Cleveland and Philadelphia offices, Erich Feierabend will now lead Paradigm's local services as the office's Managing Consultant. The opening of the Pittsburgh office further strengthens Paradigm's commitment to provide local expertise and continues to position Paradigm Tax Group as the premier national property tax practice.
Joining Paradigm in 2009, Erich brings a diverse background and wealth of professional experience. Having spent over ten years in the financial services industry where he managed commercial real estate client relationships of all types and sizes, Erich is uniquely qualified to effectively provide value and results for our clients. In addition to his experience in Pittsburgh and Western Pennsylvania, Erich has also represented commercial property owners in various jurisdictions throughout Kentucky, Michigan, Ohio and West Virginia. Bob Dunlap is Paradigm's Regional Director responsible for the Pittsburgh office and Bob Trigg will serve as the office's Regional Market Development Executive. Erich may be reached in our Pittsburgh Office at 412.295.1454 or firstname.lastname@example.org.
We are pleased to announce that JD Garcia has joined the Paradigm Tax Group as a Senior Managing Consultant operating out of both our San Antonio and Austin offices. JD brings 32 years of diverse property tax experience to Paradigm having primarily worked with Commercial and Industrial properties throughout Texas and the United States. JD also brings with him extensive knowledge and experience in both Business Personal Property and Real Property and has personally appeared before Boards of Equalization in several States in the U.S. and Puerto Rico.
Most recently, JD was a Senior Property Tax Consultant with Assessment Technologies in San Antonio. Previously, he was Vice President in charge of Citigroup's ad valorem tax department where he was responsible for filing appeals and challenging audits across the nation. Over the years, JD has owned his own appraisal firm and served as Chief Appraiser in several Appraisal Districts in Texas.
We are delighted to be adding such a fine professional with a legacy of property tax assessment and consulting experience.
Paradigm Tax Group is pleased to announce the relocation of the firm's Boston office from 20 Park Place Plaza to 31 St. James Avenue. This move reflects the continuing expansion of our presence in the greater New England area since the opening of the Boston office in July 2008. Paradigm's Boston office now includes five full-time personnel, including new practice administrator Brittoni Famous. A graduate of Smith College, Brittoni's prior experience includes executive administrative assistant at the Park Plaza Executive Center and commercial real estate administrative assistant for a local property management firm. Robert McNamara, CMI, continues to serve as Paradigm's managing consultant for the greater New England area. Lisa Benotti serves as Paradigm's New England area account representative, while Oscar Diaz is area director.
Paradigm Tax Group is pleased to announce that Michelle Galaida has joined our Cleveland office as a Senior Managing Consultant. Michelle was previously a Manager at UHY Advisors and brings with her more than 25 years of property tax experience. She has worked extensively in both real and personal property tax valuation and compliance, as well as negotiating tax credits & incentives for a broad array of properties ranging from small retailers to large manufacturing and complex industrial properties.
Paradigm Tax Group is pleased to announce that Adam Goldberg has joined the firm as an Account Representative. Supporting both our Simi Valley and San Diego offices, Adam will be responsible for Paradigm's marketing and business development efforts throughout Southern California.
Adam brings to Paradigm a background that includes multi-family investment sales as a broker with Marcus & Millichap where he was recognized by the company as a Pace Setter and Commercial Realty Rookie of the Year. Adam also placed over $40 million dollars in commercial real estate financing as a mortgage broker with Commercial Realty Consultants, and was a principal at The Peterberg Companies, a commercial real estate construction, brokerage and financing firm.
With his strong experience in commercial real estate brokerage, mortgage, construction and financing, Adam will combine his unique passion, commitment and work ethic, with his business development and property tax minimization objectives to enhance the Paradigm Tax Group brand across Southern California.
Paradigm Tax Group professionals were recently in attendance at the Midwest Lodging Investors Summit (MLIS) in Chicago, Illinois. The three day summit allowed Paradigm the opportunity to exhibit our unique blend of hospitality tax minimization services including transfer tax strategies, deal pricing analysis, pre-acquisition services, and property tax savings; network with a unique collection of hospitality deal-makers; and to attend important and timely presentations by hospitality industry experts.
Kylie Cook has joined Paradigm Tax Group as an Account Representative located in our Phoenix AZ office. Combining her knowledge and familiarity with the Arizona commercial real estate market with her strong experiences in selling residential real estate and recruiting services, Kylie brings over twelve years of sales and marketing experience to Paradigm where she will be responsible for business development throughout Arizona, Nevada, New Mexico and Utah.
Paradigm Tax Group recently attended the International Council of Shopping Centers (ICSC) Global Retail Real Estate Convention in Las Vegas, Nevada. The three day event saw tens of thousands of retail real estate professionals from all over the world gather together for various expert presentations, leasing possibilities, trade show exhibitors and networking opportunities. Members of the Paradigm team exhibited our property tax appeal services; portfolio management capabilities; local, regional and national status reports; and demos of our national property tax database and management system (NPTS).
Paradigm Tax Group is pleased to welcome Lisa Benotti to our growing team of regional Account Representatives. Lisa joins Paradigm following an eight year career with Deloitte Tax LLP and Thomson Reuters where, as a Senior Marketing Consultant, she developed a thorough understanding of the needs of national portfolio companies in both the industrial and commercial real estate marketplaces. Lisa now brings her outstanding client relationship and business development experience to Paradigm where she will be based in our Boston, MA office and cover accounts throughout New England and the northeast.
Paradigm Tax Group welcomes Malia Sanchez to our San Francisco Office. She joins the Northern California practice as an Associate, teaming with the Senior Managing Consultants and other Paradigm professionals on Real Estate, Business Personal Property and Complex Industrial consulting engagements. Malia brings 10 years of experience and expertise in the property tax industry in various capacities of the consulting business.
Malia most recently was with the Oakland office of Thomson Reuters property tax and prior to that, Deloitte property tax. And as Paradigm's National Practice continues to thrive and grow, Malia represents another significant and progressive addition to our network of top notch consultants.
Thomas Caraffa has joined Paradigm Tax Group as a Marketing Analyst in Paradigm's St. Louis, MO office. Tom will be responsible for continuing the development of Paradigm's brand through the integration and publishing of numerous electronic marketing resources. Working under the direction of our National Sales Leader, Tom will coordinate corporate marketing strategies and analyze business development opportunities for our growing team of Account Representatives and Managing Consultants. Tom graduated from Missouri State University with a Masters of Business Administration and previously worked for an information technology security firm.
Have your property taxes continued to increase while your property's value continues to fall? Even though property values are dropping, the taxes on property are continuing to rise. 2009 was a critical year for Georgia taxpayers to establish their fair market value. Unfortunately, few taxpayers did, resulting in no property tax assessment reductions by the county and increased tax bills due to skyrocketing millage rates. (e.g., Gwinnett County, increased its millage rate by 21%.)
The county assessments may remain tied to 2007/08 prices, but the newspaper headlines tell a different story. "Atlanta home prices fall 4.8 percent" in 2007, reports the Atlanta Journal-Constitution. "Atlanta home values drop sharply since last summer," says Creative Loafing. These artificial assessment increases are the county government and school system's way of increasing your property tax liability without holding a public vote of the county commission or school board to increase your value base. Given the declining market values and increasing millage rates, the county does not appear to consider the performance of the real estate market in determining your tax liability as these are back-door tax increases.
The Atlanta Journal Constitution (ajc.com) running for eight consecutive days entitled "Why you're paying too much in property taxes." The articles stress inequalities between the stated and true fair market values; this is inequality is even greater among commercial and industrial valuations. According to the National Tax Payers Union, as much as 60% of the taxable property in the U.S. is over assessed.
While one may not correct the 2009 inequities in cases where the appeal rights have expired, we would urge taxpayers to file returns proactively asserting the proper values prior to the April 1 return deadline. If relying on the county Tax Assessor's office to correctly assess values in 2009 was fruitless, relying upon them to do so in 2010 would be insane. Even if your property is assessed at less than market value, you could still be eligible for a property tax reduction due to an inequitable assessment. It is critical to retain professional help to make sure the returns are properly filed and that appropriate analysis is completed to establish a proper and defensible value.
Paradigm Tax Group's entire team of Directors, Managing Consultants and Business Development professionals once again met at the prestigious Tubac Golf Resort and Spa in Tubac, Arizona. The biennial meeting serves the firm and in turn its clients, by providing regional property tax updates, numerous workshops and the sharing of best practices. Presentations included new approaches to obtaining property tax reductions via the Income Capitalization Approach, accelerating depreciation in a down market and discussions of the latest marketing methods used by our Business Development Group.
According to Eastern Region Director, Oscar Diaz, "It is imperative for such an excellent group of professionals to get together and share ideas and experiences. Paradigm is known for its local expertise, while at the same time sharing ideas and experiences amongst each other on a personal level allows our firm a certain uniformity and national perspective."
Paradigm Tax Group has seen marked growth since our last firm wide meeting in January 2008. As stated by Central Region Director, Bob Dunlap, "It is of the utmost importance to get the team together, introduce new professionals, share a meal and spend a little down time getting to know each other on more than just a professional level."
The three day meeting was emceed by Western Region Director, Del Kolbe who kept the discussions lively and on topic.
Kaitlyn Marchek joins Paradigm Tax Group's Philadelphia practice.
Paradigm Tax Group is pleased to announce that Kaitlyn Marchek has joined our firm as an Associate Managing Consultant in our Philadelphia, Pennsylvania office. Kait is a graduate of Penn State University, State College, Pennsylvania and has a background in business development.
Kate joins our Managing Consultants, Jack Nash and Kurt Lieberman along with our Business Development Representative, David Munroe in the Philadelphia office. Kait is part of our continued growth and is a welcome addition to our existing nationwide network of top notch consultants. Kait can be reached at (610) 409-9839 or email@example.com.
Myrtle Faucett joins Paradigm Tax Group to open new San Antonio, TX office.
Paradigm Tax Group is pleased to announce that Myrtle Faucett has joined our firm as a Managing Consultant in our Texas Practice. Myrtle comes from a diverse property tax background having served as a property tax appraiser with Tarrant and Johnson Counties in Texas along with many of years of experience on the consulting side of the business with First American and Assessment Technologies.
Myrtle will operate from our new San Antonio office where she will have responsibility for expanding our presence in the Central Texas corridor. She will be working closely with our Dallas and Houston offices to widen the Paradigm footprint in one of our most dynamic markets. Welcome Myrtle!
Ken Groesbeck has joined Paradigm's Pacific Northwest Practice as a Managing Consultant in the Seattle office. Ken has myriad experience in the property tax industry having most recently handled complex industrial and centrally assessed property valuation for the Idaho State Tax Commission. Prior to that he held management level positions with Real Estate Tax Services/Deloitte/Thomson Property Tax Group for over 15 years. Moreover, Ken had his own property tax consulting company for a period of time. He has extensive valuation, client management and property tax appeal experience over his career and we are extremely excited about the expertise and professionalism he brings to the position. Ken will be working with Pat Howard, Jim Buechler and Dale Farnworth on account administration, business development and appeal work in the Pacific Northwest Jurisdictions.
Paradigm Tax Group is pleased to announce that Bernice Dowell has joined our practice as a Managing Consultant working out of our Washington, D.C. office. Bernice enjoys a reputation as one of the nation's leading property tax consultants to the hospitality industry where she specializes in all types of hotels, resorts, golf courses and country clubs. With more than seventeen years of national hospitality asset valuation experience, her particular area of excellence is in accurately separating a property's business value from its real estate value for property tax minimization and transfer tax purposes. Bernice is the author of a research paper entitled, "Hotel Investment Analysis: In Search of Business Value" and her work entitled, "Removing Intangible Assets and Rights From the Appraisal Unit" was quoted in California's State Board of Equalization Assessor's Handbook. She has also been a regular contributor to several industry journals including Assessment Journal and Journal of Property Tax Management. Prior to joining Paradigm, Bernice was the former Director of Property Tax for Host Marriott Corporation and for ClubCorp USA. She was also a Senior Manager with KPMG's national property tax practice and most recently, she was the owner of Cynsur, LLC, a company that provided pricing analyses for hotel acquisitions.
To contact Bernice directly, please call her at (202) 641-0796 or email her at firstname.lastname@example.org.
Paradigm Tax Group welcomes Patrick Howard to our Seattle Office. As Paradigm's Lead Managing Consultant for our Pacific Northwest Practice, Pat brings over 15 years of experience and expertise in the property tax industry along with 5 years as a fee appraiser and several years of asset review work in the banking industry.
Pat most recently headed the Seattle office of Thomson Reuters. Previously he also worked for Assessment Technologies and Deloitte's national property tax practice.
As Paradigm's national practice continues to thrive and grow, Pat represents another significant and progressive addition to our network of top notch consultants.
Paradigm Tax Group is pleased to announce the hiring of John H. Meyer as the Account Representative in our Chicago, IL office. John brings with him over 5 years of investment sales experience at a large, nationally recognized commercial real estate brokerage firm where he specialized in representing a variety of commercial landlords in the disposition process, including private investors, REIT’s, corporations, private equity funds, and non-profits. John brings with him extensive property valuation experience in addition to relationships with various ownership groups based in Chicago. He will be responsible for all business development activities in the Illinois, Wisconsin, Iowa, & Nebraska markets. Feel free to contact John at (312) 252-0324 or via email at email@example.com.
Paradigm Tax Group welcomes Anthony Gormley to our Dallas, TX office as an Associate Consultant where he is responsible for assessing properties, filing appeals, and filing property tax estimates. As a recent graduate of Cleveland State University (Finance), Anthony previously assisted Paradigm’s Cleveland office with assessing properties and appeal preparation throughout their tax season.
Leilani Lobo joined Paradigm Tax Group on August 17 from PricewaterhouseCoopers LLP's Northern California property tax practice. She specializes in both personal and real property tax services. Leilani's experience has included the creation and management of fixed asset databases; preparation of multi-state personal property tax returns; audit defense; assessment appeal valuation; calculation of tax projections for local and national clients. Leilani has served clients in the following industries: high tech, biopharmaceutical, hotel, entertainment, retail, banking, transportation, property management, retail, and personnel services.
Leilani earned her Bachelor of Science in Business Administration, with an emphasis in Accounting, from the University of San Francisco. She is a CMI with the Institute for Professionals in Taxation. She also participates in seminars organized by the Society of Auditor-Appraisers.
Leilani and colleague Alan Schultz will be part of Paradigm's Silicon Valley office in San Jose, California.
Please join the Directors in welcoming Alan Schultz and Leilani Lobo to Paradigm Tax Group. Alan and Leilani will be opening a new Paradigm office in San Jose to provide more robust coverage of the significant client base in the Silicon Valley and South Bay area while continuing to expand our presence within the assessment community.
Joining Paradigm from Price Waterhouse Coopers, Alan and Leilani bring a wealth of property tax compliance, audit defense, valuation and appeals consulting experience as well as other related business expertise. Both Alan and Leilani have an extensive history with commercial/industrial real estate, business personal property and complex industrial properties. Over the years they have developed a blue chip stable of clients that we are excited to be serving going forward. We are delighted to have the opportunity of expanding our operations in California with such experienced and professional practitioners who enjoy a sterling reputation in the industry.
Paradigm Tax Group is currently rolling out its new portfolio and appeal management system; NPTS. This state of the art on-line system will allow Paradigm to take its Superior Client Service to a new level by allowing clients to access and download their portfolio information on a real time basis. In today’s difficult economic times, maximizing results and minimizing risk are critical components in serving our clients “the Paradigm way” and NPTS significantly improves our ability to do both.
Please contact us for a demonstration of this important new tool and see how it can make a difference in helping you manage your property tax function and the results you achieve.
Jonathan Sanders has joined Paradigm Tax Group as a Managing Consultant in our Houston, TX office. A Houston native, John attended Texas A&M University where he obtained a BS in Economics and a Masters of Land Economics and Real Estate. John's diverse background of Big 4 consulting experience, and national retail development allow him to apply a unique approach to exceeding client expectations. John has experience with all property types and approaches to value. He is co-manager of Paradigm's Houston commercial real estate practice.
Sue Slayton has joined Paradigm’s Michigan office as a Practice Administrator. Working with Managing Consultants Robert Fuchs and Barbara Jones, Sue brings several years of commercial loan and mortgage experience gained at a local community bank. “Sue’s versatility, experience and commitment to providing excellent client service will be a tremendous asset to both our Michigan office and to our clients. We are thrilled to have her join us.” says Robert Fuchs, Managing Consultant.
Paradigm Tax Group is pleased to announce the addition of Brenda Brown to our team of Atlanta based Managing Consultants. With more than twenty years property tax experience, Barbara has previously worked at some of the nation’s largest consulting firms as well as in corporate tax for a major Fortune 500 industrial company. Barbara’s principal area of expertise is in business personal property; filing returns, abatements, freeport, pollution control, appeals and audits in a multi-state environment. “Barbara provides our clients with a unique blend of corporate property tax experience, combined with a reputation for providing outstanding client service gained from her several years of property tax consulting”, says Oscar Diaz, Director of Paradigm’s Eastern Region.
Scot Casto has joined Paradigm Tax Group as a Managing Consultant in our Washington, D.C. office. With experience gained in commercial real estate data analysis, valuation, and underwriting, Scot brings with him a strong valuation background including underwriting properties for major institutional brokerage firms, and he has reviewed and appealed thousands of properties including apartments, hotels, office, warehouse, flex, retail, raw land, and golf courses in MD, VA, DC, and WV.
Paradigm Tax Group is excited to announce the hiring of Tad Berry as an Associate Consultant in the St. Louis and Kansas City offices. Working with JP Rand, Managing Consultant, Tad’s responsibilities include the preparation and execution of property tax appeals in Missouri, Kansas, and Colorado. Tad is a graduate of the University of Missouri’s School of Business. He joins Paradigm with internship experience in multi-family development, and state and federal tax legislation.
The Directors of Paradigm Tax Group are pleased to announce the opening of the firm's Boston, Massachusetts office, effective July 1, 2008. Robert McNamara, CMI, will serve as Paradigm's Managing Consultant for the Greater New England area. David Munroe will continue as Paradigm's New England area account representative while Oscar Diaz will continue as Area Director. Click here for contact detail.
Paradigm Tax Group is pleased to announce the planned opening of our Boston, MA office effective July 1, 2008. This will solidify our position in the New England market and enhance our position as the true national property tax practice. More details to follow.
Paradigm Tax Group is pleased to announce the addition of Jordan Berg to the Firm. Jordan joins us as an Account Representative based in the San Francisco office. He brings to the PTG eight years of commercial real estate business development experience. With a particular emphasis on retail projects, his responsibilities have included land acquisition and joint venture transactions. He has developed established relationships with tenants, brokers, land owners and city development directors in both northern and southern California and Arizona. Most recently, Jordan was President of Berg Enterprises where he was responsible for raising capital to syndicate commercial real estate development projects. Jordan's territory will include northern California, as well as parts of Washington, Oregon, Idaho and Nevada. Please contact him at (415) 692-8514 or email at firstname.lastname@example.org.
Paradigm Tax Group is pleased to announce the addition of John Hess to the Firm. John joins PTG as an Account Representative/Managing Consultant focusing on sales efforts in Washington DC, Virginia, West Virginia, New York City and the northern counties of North Carolina (including the cities of Winston Salem, Greensboro, Raleigh and Durham). On a more limited basis, he will provide Managing Consultant delivery work specializing in transfer tax work to the hospitality industry. John can be reached in our Washington DC office at (202) 965-1135 or email@example.com.
Although PTG has been successfully performing asset Purchase Price Allocation services for several years, the term is occasionally assumed to refer to other federal types of products. To avoid confusion, we have re-branded our service as A4.
As Paradigm Tax Group continues its growth and strategic expansion, the Directors are please to announce the following additions to our team:
If you missed the deadline to appeal your 2007 assessment in Cook County, or if your property’s condition has changed, you can now take a second bite of the apple. Paradigm Tax Group can help.
The entire team of PTG professionals gathered this January at the prestigious Tubac Resort in Tubac, Arizona. The meeting served to provide the firm’s team with pertinent regional property tax updates and included various speakers and workshops. According to Paradigm Director, Oscar Diaz, “Given the growth and evolution of our firm since its separation from KPMG in November 2004, we saw a need for our professionals to assemble together to put a name with a face, rekindle relationships and share best practices. Because we are national in scope it is very important for our people who communicate frequently via telephone and email to get together, share a meal, share time and most of all share ideas and experiences. This will go a long way toward enhancing an already cohesive team which will go far in serving our client’s needs.”
The Michigan State Tax Commission implies that it will not tolerate taxpayers reclassifying their property from real to personal.
Paradigm Tax Group is pleased to announce the opening of the firm’s Kansas City, Missouri office. The office will be staffed by Managing Consultant, JP Rand and Consultant, Dee McIntire. Both bring with them extensive experience and a wealth of property tax experience for all property types throughout the Midwest. JP and Dee can be contacted at Paradigm’s Kansas City office at (816) 454-9017.
The article below authored by Randy Burns, Managing Consultant with Paradigm Tax Group’s, San Francisco office was recently published in Jnet, KPMG, LLP’s corporate newsletter in Japan. It provides insight and guidance to the process of filing a property tax appeal. For more information contact Randy Burns at (415) 593-9005 or firstname.lastname@example.org
Paradigm Tax Group has recently scored a 94 in overall client satisfaction in a Past Performance Evaluation performed by Open Ratings, Inc. This evaluation is a trademark of Dun and Bradstreet. Our score further proves Paradigm Tax Group’s commitment to client service, satisfaction and results.
We are pleased to announce that Bob Fuchs has joined our team and will be opening Paradigm Tax Group’s 19th office in the Detroit area. Bob will be a great asset to Paradigm professionals and our clients. He has extensive personal property tax experience and was formerly the National Partner in Charge of a former “Big 5” property tax practice. Bob has extremely strong experience and client relationships nationally and especially in the Midwest market. We are truly lucky to add a great resource and a great person to our national team.
Paradigm Tax Group has launched a new and improved company website. According to Ramsey Jabro, CFO, “a website is a vital part of any business as far as a marketing tool and a point of information for both clients and prospects.” Paradigm Tax Group’s website is a work in progress and look to it frequently for information and updates.
Paradigm Tax Group is proud to announce our one year anniversary. On November 19, 2004 we began operation as a full service property tax consulting firm. Paradigm Tax Group is comprised some 70 individuals located in 18 offices. It is the former national property tax practice of KPMG, LLP.
Paradigm Tax Group announces the opening of its office in Cleveland, Ohio. According to Robert Dunlap, Director, this office will fill a gap in our national footprint and opening of the office has been a goal of Paradigm Tax Group since its formation last year.