Category: Real Estate News

Georgia Voters Approve Property Tax Cap to Curb Rising Bills

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 In response to rising property tax bills, Georgia voters have agreed to an amendment of the constitution which  limits the annual increase in the assessed value of homes to the rate of inflation.   Key  Provisions of the Amendment:  Assessment Cap: The tax value of a home cannot be increased each year by  more than the … Continued

Kennesaw Town Center at Cobb Mall Owner Avoids Foreclosure

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The owner of Town Center at Cobb mall in Kennesaw narrowly avoided foreclosure by paying off the loan at the last minute. New York-based Kohan Retail Investment Group successfully refinanced a $42 million loan, which was originally issued by PSOF LO Kennesaw, an LLC associated with Augusta-based Hull Property Group. Kohan’s founder and CEO, Mike … Continued