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 sta...

BOMA Fort Lauderdale/ Palm Beaches' Industrial Committee recently provided an update of six things you should know or read that pertain to Industrial Commercial Real Estate.   BlackRock acquired Gramercy Property Trust & Prologis acquired DCT Industrial. Both are very big deals...

Florida...Don’t Be Fooled by Amendment 2! Amendment 2 proposes to make permanent an assessed value cap limiting annual property tax assessment increases for non-homestead properties to 10% of the prior year’s value. On the surface, this appears to be an appealing public policy, but in r...

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...

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...

  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...

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. ...

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...

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® (...

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...