Commercial Real Estate Trends 2024

In 2024, commercial real estate trends signal transformation. Opportunities surface in multifamily apartments, industrial properties, and digital infrastructure, yet U.S. regulators warn of financial stability risks tied to rising vacancy rates, declining office property values, and potential economic slowdowns.

2024-03-04T17:46:40-05:00March 5, 2024|Categories: Construction and Real Estate|Tags: |

The Impact of the Inflation Reduction Act on the Construction Industry

One year after the Inflation Reduction Act passed, there is evidence of an increase in construction investments, job creation in certain sectors, and investments in future clean energy projects.

2024-02-09T10:37:04-05:00February 6, 2024|Categories: Construction and Real Estate|Tags: |

Accounting Outsourcing Solutions for Construction Companies

See why your internal accounting processes might be wasting time and money and how easy it can be to digitize your accounting function and make it significantly more efficient.

2024-01-03T14:22:17-05:00January 3, 2024|Categories: Cloud Accounting, Construction and Real Estate|Tags: |

Leveraging General Asset Accounts in Building Demolition Strategies

GAAs offer a strategic solution for real estate developers facing tax implications of building demolition, particularly concerning Section 280B. However, implementation requires careful consideration of timing, rules, and financial analysis.

2023-12-27T15:26:53-05:00December 27, 2023|Categories: Construction and Real Estate|Tags: |

Transferring Federal Energy Tax Credits

The Inflation Reduction Act introduced transferable federal energy tax credits, with guidance for implementation released mid-2023. This clarifies the process for transferring energy-related tax credits and aims to promote growth in the clean energy sector.

2023-12-21T09:35:30-05:00December 20, 2023|Categories: Construction and Real Estate|Tags: , |

Davis-Bacon Act Updates Add Liability, Definitions for Federal Construction Contractors

The DOL's overhaul of the Davis-Bacon Act in October 2023 brings substantial changes to federal construction contractors. These revisions include prevailing wage adjustments, increased contractor liabilities, and apprenticeship mandates.

2024-01-02T08:48:48-05:00December 15, 2023|Categories: Construction and Real Estate|Tags: |

Construction Project Demand Heightens Need for “Contech” Adoption Strategies

For the construction industry, the need for contech adoption will continue to increase amid an influx of projects and skilled labor shortage.

2024-01-09T16:52:41-05:00December 5, 2023|Categories: Construction and Real Estate|Tags: |

Cash Management in a High-Interest Environment: Construction & Real Estate

Federal interest rates have increased 11 times since March 2022, continuing to add difficulty and complexity for construction and real estate. Proactive cash flow planning can help businesses manage risk in an uncertain market.

2023-11-08T08:31:39-05:00November 7, 2023|Categories: Construction and Real Estate|Tags: |

Cybersecurity Awareness Month: Spotlight on the Construction Industry

During Cybersecurity Awareness Month, construction contractors are reminded of the proactive steps they can take to mitigate digital risk from ransomware and other cyberattacks.

2024-01-24T12:37:44-05:00October 23, 2023|Categories: Construction and Real Estate, Risk Advisory|Tags: , , |
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