Commercial Property News Archive for 27-Oct-2008

High court sides with state in condo tax dispute (The Des Moines Register)

Iowa apartments should continue to be taxed as commercial property even though condo owners enjoy a much lower residential tax rate, the Iowa Supreme Court ruled today.

Chubb Profit Falls 64% on Hurricanes, Investment Loss (Update3) (Bloomberg)

Oct. 23 (Bloomberg) -- Chubb Corp ., the insurer of commercial property and high-end homes, said third-quarter profit fell by 64 percent on investment losses and claims from Hurricane Ike. The company lowered its earnings forecast for 2008.

High court sides with state in condo tax dispute (The Altoona Herald-Mitchellville Index)

Iowa apartments should continue to be taxed as commercial property even though condominium owners enjoy a much lower residential tax rate, the Iowa Supreme Court ruled today.