Building Value: Energy Standards

Legislators are mandating more use of Renewable Energy, which comes with a price; now’s the time to prepare for how this will affect your energy spend. No longer viewed as “niche,” renewable energy is coming into its prime. Most agree that definite changes in our use of natural resources are needed. Greater concern for our…

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Building Value: Cost Segregation

Cost Segregation is a commonly used strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded, or remodeled any kind of real estate to increase after-tax cash flow by accelerating depreciation deductions and deferring federal and state income taxes. What is a Cost Segregation Study & How Does it Work? When…

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Due Diligence Matters: Elevators

elevator lobby with multiple elevators along the walls

As buildings begin to age, there’s often the need for a complete upgrade to the elevator(s), commonly referred to as an Elevator Modernization. The costs can vary depending on the specific needs of your building, but most Elevator Modernizations are major capital expenditures costing in the hundreds of thousands of dollars, so it’s important to…

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Due Diligence Matters: HVAC

Buyers of properties should be aware of the refrigerants used in any assets they are acquiring, so that associated costs can be appropriately budgeted. This is an issue that should be a high priority during due diligence. Owners of properties with older systems will have choices to make when repairing them and may determine that…

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