Real Estate Industry Collaborates to Fill Talent Pipeline

  Today, 29 real estate industry organizations, representing more than 10 million jobs, announced a ground-breaking collaboration to highlight the diverse career paths within the real estate sector. The first initiative of this collaboration is a new website entitled Careers...

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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 sta...

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6 Things You Should Know If You Work in Industrial Commercial Real Estate

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...

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BOMA Florida: Vote No on Amendment 2

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...

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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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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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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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