The Loan Committee™

Dania Pointe lands its first big retail tenants

Brandsmart USA, Hobby Lobby and TJ Maxx are the first major retailers to agree to lease space at Dania Pointe, a shopping and entertainment center under construction in Dania Beach just east of Interstate 95. New York-based developer Kimco Realty Corp. also announced that the 300,000-square-foot

Florida’s Industrial Real Estate Market Continues Evolving

Are we at pre-recession levels yet?

According to the latest research from CBRE Group, Inc., capitalization rates on U.S. commercial real estate remained largely stable in the second half of 2016, as prices softened slightly. Ongoing investment demand, especially from foreign buyers, counteracted the rise in interest rates and cyclical factors.

The CBRE North America Cap Rate Survey provides insights on movements for the major property asset classes. Cap rates in the second half of 2016 either largely stayed the same or increased slightly compared to the first half of the year. The industrial sector remained the most stable sector, benefiting from market expectations that it will have stronger rent growth than other asset classes in 2017.  Author: Michael Gerrity.  Source: World Property Journal.  Learn more…

Present Value vs. Net Present Value: https://t.co/w1I9xaH6qw via @YouTube

— Adam P Von Romer (@avonromer) August 25, 2016

What is driving #Broward’s #CRE growth? https://t.co/AoTM6jNGTD pic.twitter.com/rq0hN1jftA

— JLL Florida (@JLLFlorida) February 7, 2017

Broward County has its first record sale of 2017 at $163 million https://t.co/ZIwJuMXqae by @SFBJRealEstate 🔒 pic.twitter.com/KUhl4OkvNJ

— SFBJ Newsroom (@SFBJNews) February 7, 2017

The new leasing standard released in February 2016 by the Financial Accounting Standards Board (FASB) will unquestionably change the dynamics of lease negotiations moving forward. Since most businesses are involved in some type of leasing arrangement, you need to prepare for the new FASB standard as it may impact your company’s bottom line.

The new FASB leasing standard takes effect for the interim and annual reporting periods of public business entities, as well as certain not-for-profits and employee benefit plans, for fiscal years beginning after December 15, 2018. For all other entities, including private companies, the new lease accounting standard is effective for annual reporting periods beginning after December 15, 2019 and interim periods beginning after December 15, 2020.

The new standard will require lessees to recognize assets and liabilities on their balance sheets for most of their leases. Regardless of their length and term, all leases are subject to the recognition criteria in the new standard. Under an available accounting policy election, a lessee may elect to not record an asset and a liability for a lease with a term of 12 months or less, as long as the lease does not include a purchase option that the lessee is reasonably certain to exercise.  Source: National Real Estate Investor.  Author:  Howard Barash.  Learn more…

FIRST LOOK: Galleria Mall redevelopment plan changed again. No more hotel or office, plenty of residential & parks https://t.co/YWEgOSDv5n pic.twitter.com/m90wRoMrV8

— Brian Bandell (@SFBJRealEstate) October 18, 2016