Tag: CRE Industry

An Unbiased Look on the Biases of CRE’s Future

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In an effort to be diplomatic, I’m going to address both the positive and negative aspects of the commercial real estate market that are currently being discussed by various sources. This is mainly an attempt to give you, the reader, an unbiased look at the biases currently the web. After outlining both positions, perhaps you’ll […]

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L.I. Investors and Developers Needed for Coliseum Renovation

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With the referendum rejected, Nassau County Executive Edward Mangano put out a plea for private developers to submit proposals for a revamped Nassau Coliseum. Nassau taxpayers expressed their dissent when they rejected Wang’s proposed tax hike to fund the Coliseum’s renovation and now Mangano is hastening to find another, privately funded, alternative. Despite his disappointment, […]

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Brookhaven Lab Gets $33 Million Makeover

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Brookhaven Laboratory announces their planned renovation of two buildings on the 5,300-acre campus, set to begin October 1. The project is estimated to cost a total of $50.8 million, $33 million going solely into the renovation and modernizing of both buildings. The renovations will be funded by the U.S. Department of Engery’s Science Laboratories Infrastructure […]

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Will CMBS Sustain High Lending Numbers?

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Commercial lending has rebounded quite successfully this quarter, showing an increase tantamount only to the second quarter of 2008. A good sign for those of us in the CRE market, as it shows a steady and growing industry ready to move back into the game. The index recorded a 107% jump from last year’s statistics, […]

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How the Debt Deal Will Affect CRE

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With a debt deal finally settled and an economy hanging on by a thread, the first plan of action for anyone who owns, leases or invests in property is to decide what to do next. All trends have been pointing toward a positive growth in the commercial real estate sector, but will this continue now […]

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CRE & Others to Benefit from Gov’t Spending Cuts

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Whether or not Congress unanimously decides on a plan to raise the debt ceiling, one thing is certain: federal spending needs to be cut substantially over the next decade. The amount of cuts will be based solely on which plan Congress decides to implement (if they ever reach an agreement). But government spending cuts might not produce […]

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Warning: Fragile Post Offices Will Shatter

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Need to send a package? No problem, head over to your local post office and—wait. What happened to it? If you live in an area with more than one post office in a 2-mile radius, beware– your post office could get the boot.  About 3,700 post offices around the country are predicted to shut down […]

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New FASB– Part Five

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In the last installment of our 5 part new FASB series, I’ll outline the new procedures for balance sheet offsetting, revenue recognition, comprehensive income and multiemployer pension plans. Once again, I want to congratulate you on making it through the arduous task of reading about these changes—and don’t worry, if your eyes glazed over or […]

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New FASB– Part Four

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Part Four starts off with a little summary on the impairment changes, goes through the lessor accounting model and ends with a brief outline on insurance contracts. During their discussions, FASB and IASB came up with a “three bucket” expected loss approach for impairment of financial assets. They are as follows: Bucket 1 holds assets […]

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New FASB– Part Three

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You’ve made it this far, so I’m not going to bore you with any more quips about FASB or their new regulations—it’s already boring enough. Onto business, then. Lessees will use the incremental borrowing rates at the lease commencement to calculate the amount capitalized. Leases with interim funding will have deferred and amortized earnings on […]

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