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Oshkosh last conducted a property evaluation in 2017 prior to last year.OSHKOSH – Common Council is continuing to address the city’s property tax concerns.Oshkosh will now conduct property revaluations every five years, beginning with a planned assessment in 2025, to avoid a repeat of the revaluation calamity that resulted in this year’s spike in property taxes.City council unanimously passed the resolution 7-0 during the June 10 common council meeting after Oshkosh’s failure to conduct regular property evaluations saw the combined assessed value of residential properties jump by 53% last year.“It’s...

“I’m of the opinion that the 30, 40 years of growth might not be as good over the next 20 or 30 years.” Data released by the Ministry of Business, Innovation and Employment in November suggests there are 116,719 private residential landlords in New Zealand, with the vast majority – 76.49% – owning one investment property. O’Neill believes that with fewer people owning their own homes, residential property investment is much more susceptible to political intervention. “There’s going to be more negative long-term taxes or rule changes or restrictions placed...

Orange Park Mall could soon be under new ownership.Washington Prime Group plans to sell its entire portfolio of 50 shopping centers, including Orange Park Mall, as it lays off employees at its corporate headquarters, as first reported by Jacksonville Daily Record.This would be the second mall in Jacksonville to recently undergo a sale after Blackwater Development finalized its purchase of Regency Square Mall earlier this month.The property purge includes 10 malls and shopping centers in Florida.The Orange Park Mall turns 50 years old this year and is the Jacksonville area's...

A Houston-based investment firm is liquidating its $5.5 billion portfolio, and has traded an office building in Southeast Washington, D.C., at a notable discount amid the fire sale.  Lionstone Investments sold the 12-story, 225,000-square-foot property at 100 M Street SE to Onward Investors for $54 million, according to Bisnow, citing property records. Lionstone, alongside partner Hermes Real Estate, paid $79.8 million for the building back in 2014, per reports at the time. SEE ALSO: Chess Builders Buys UES Building Slated for Demolition for $50M A representative for Lionstone’s parent company, Columbia...