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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

It is time for contractors to get serious about the FASB ASU 2016?02 Existing debt covenant calculations may need to be amended as a result of the implementation of the new lease standard. It is time for contractors to get serious about the new accounting lease standard. Greg Ragsdale. Wed, 06/01/2022 - 12:48.

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Where Were the Homeownership Gains?

Pro Builder

The Fed’s Survey of Consumer Finance also found that overall, 42% of households had home mortgage debt compared with 37% with auto loan debt. . The overall share with home mortgage debt remained virtually unchanged from 2016 to 2019 at 42%, while the share of all households with auto loans increased from 34% to 37%.

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Hyundai Construction Split From Mothership

Construction Equipment

In an effort to cut its debt-to-equity ratio and insulate the shipbuilding group from any financial downturns from any of its divisions, Hyundai Heavy Industries has begun trading as four separate entities - construction equipment, shipbuilding, electric machinery and industrial robots. percent at the end of 2016.

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Commercial Real Estate To See Moderate Growth In 2016

Buisness Facilities Contributed Content

Commercial Real Estate To See Moderate Growth In 2016 originally appeared on Business Facilities - Economic Development, Site Selection & Workforce Solutions. s 2016 Global Real Estate Market Outlook. s 2016 Global Real Estate Market Outlook. CBRE expects 2016 to be a year of volatile markets but steady economic growth.

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PACE in Maryland is Not Keeping Pace

Green Building Law Update

However, as I wrote in this blog on July 24, 2016, HUD Jumpstarted Financing For Homes , reversing their previous position and now widely allowing residential PACE loans on top of FHA and VA loans (but still not on top of Fannie Mae and Freddie Mac loans).

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PACE Bill Due in Baltimore City

Green Building Law Update

However, as I wrote in this blog on July 24, 2016, HUD Jumpstarted Financing For Homes , reversing their previous position and now widely allowing residential PACE loans. It is clear that in 2016 there will be more of them across Maryland including hopefully in Baltimore and ideally across America.

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PACE Programs are Stepping Up the Pace

Green Building Law Update

The Montgomery County program, hoping to close it first transaction in first quarter 2016, is among the most progressive in the nation when it makes easy for all lenders (including those brought to the table by borrowers) to participate and is not charging administrative fees (above that charged by the contracted program administrator).

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