A Hotel Development Overlay District (HDO) was created in the City of Savannah in 2018 to manage hotel concentration and introduce a higher level of review for hotel developments. Over time, the HDO has been amended to meet...more
As of June 1, 2024, the State of Florida reduced the state sales tax rate on commercial real property lease payments from 4.5% to 2%. All commercial leases with an occupancy period that started on or after June 1, 2024 will...more