Blog Archives

BOMA FLORIDA 2018 Legislative Session Report 

Mercifully, the 2018 Florida legislative session came to an end March 11th in a rare Sunday conclusion. The only remaining bills to be considered were the $87B-2018 budget, and the tax package -- both easily passed each House. The tax package was signed by Governor Scott, as was the $83B state budge...

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BOMA BUZZ June 12, 2018

This week's buzz: Correcting the Drafting Error Involving the Expensing of Qualified Improvement Property Commercial Real Estate Pricing Growth Stagnant As Retail Prices Offset Industrial Gains The Upside and Downside of Telecom Tower Deal The Crown Jewel Of Office Real Estate Is Coming To Ret...

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New Report on Qualified Improvement Property Error 

The drafting error in the U.S. Tax Cuts & Jobs Act that moved leasehold improvement property—as well as restaurant and retail property—from a 15-year depreciation schedule to a 39-year one is getting some much-deserved attention. All three property types were combined into &ldqu...

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BOMA BUZZ June 5, 2018

This week's buzz: • Florida Businesses Should Plan for an Active Hurricane Season• Major Industrial and Retail REITs Among Leaders in Deploying Solar Power• Recent Court Rulings Demonstrate Value of Operating Covenants• Generation X and Their Mark on Commercial Real Estate READ...

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BOMA BUZZ May 29, 2018

This week's buzz: • Crocker Partners Files Lawsuit Against Boca• Downtown Ft. Lauderdale Growth is Promising Despite Cancelled Streetcar Project• Office Landlords Increase Focus on Enhanced Workplace Experience to Retain Tenants• Hurricanes and Property Values: The Impact May Be...

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2021 ICC Building Codes First Round Hearings Results

  The 2021 International Code Council (ICC) code development process kicked off last month with the Committee Action Hearings focusing on building and fire codes. The BOMA International codes team attended the hearings to ensure that the interests of commercial real estate were well represente...

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Tax Reform Error Affects Leasehold Depreciation

Since the U.S. Congress passed historic tax reform late last year, a number of drafting errors and oversights have been discovered in the legislation. Depreciation on qualified leasehold improvements, previously given a permanent 15-year life in 2015, reverted to a 39-year timeline due to an error. ...

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Greater Fort Lauderdale Alliance Platinum Permitting Program

The Greater Fort Lauderdale Alliance Platinum Permitting Program was created to promote a permit friendly process that will encourage growth and expansion in Broward County. Cities and Municipalities are designated Platinum Cities by creating and adhering to a streamlined review and permitting proce...

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Stiles Wins Big at BOMA Southern Region

Stiles Wins Big at BOMA Southern Region TOBY Awards **Awards Highlight Best-in-Class Office and Retail Properties, and Government FacilitiesAcross Southeast Florida FORT LAUDERDALE, Fla. – April 12, 2018 – Stiles Property Management announced today they won three regional TOBY® (...

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The 2018 Issues Report is Here

The 2018 Issues Report is Here Check your mailboxes for BOMA’s annual advocacy issues report, BOMA: Advocating for Commercial Real Estate. The 2018 report was delivered to all BOMA International members as part of the March/April edition of BOMA Magazine. BOMA’s essential gu...

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