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Phases of Commercial Real Estate Development

Construction Marketing

Commercial real estate development involves the process of acquiring, designing, constructing, and leasing or selling commercial properties such as office buildings, retail centers, and industrial parks. Read more on the proper steps to ensure your commercial investment runs smoothly.

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PACE Programs are Stepping Up the Pace

Green Building Law Update

Property assessed clean energy (PACE) programs, where payments for energy efficiency, water conservation and renewable energy improvements to commercial real estate are made through a building owner’s property tax bill are beginning to hit their stride. There were not similar concerns expressed about commercial loans.

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PACE Bill Due in Baltimore City

Green Building Law Update

The concept is not new, but nationally including in Maryland, “residential” PACE programs were put on hold as a result of a directive in 2011 that Fannie Mae and Freddie Mac refrain from purchasing mortgage loans secured by properties with outstanding PACE obligations. Commercial PACE programs are still very new. Maryland is typical.

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Equipment Financing Means Flexible Solutions For Business Needs

Buisness Facilities Contributed Content

Sutton, CAE, President and CEO of the Equipment Leasing and Finance Association. economy needs to get moving again; however, their nature of being newer, less capitalized or less established creates a Catch-22 that impedes their ability to secure the credit they need. By William G. Meet the business’s equipment needs.

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Construction Bookkeeping Unique Features

Contractor Bookkeeping

Bank Balance - Un-cleared Checks) = Cash. Bank Account - Escrow Deposits. Bank Account - Operating. Bank Account - Job Deposits. Bank Account - Payroll. Bank Account - Operating. Bank Account - Petty Cash. Bank Account - Payroll. Bank Account - Petty Cash. Chart of Accounts Leases.

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Rhode Island Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Taxable RIIFC Bonds: RIIFC offers taxable bonds for businesses that want to branch out into a commercial enterprise, including building tourist-travel facilities. The bond can cover up to 100% of the cost for a manufacturing project. The limit per project is usually established by the bond purchaser or credit enhancer.

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What Is a Certificate of Insurance (COI) for Contractors — and When Do You Need One?

Levelset

Most COIs give information on general liability insurance, but can also be used to show proof of commercial automobile or workers compensation coverage. If you rent storage or office space from a building owner, they may ask for a COI before you sign a lease. You may secure funding for equipment through a bank or other lender.