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

Construction Business Owner

The Impact of ASC 842 – The New Lease Standard Is Here. It is time for contractors to get serious about the new accounting lease standard. It is time for contractors to get serious about the FASB ASU 2016?02 02 ASC 842 Leases, the new lease accounting standard issued by the Financial Accounting Standards Board (FASB).

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LEED Commercial Interiors can Save the Planet

Green Building Law Update

And for projects registered since October 31, 2016 that means the LEED v4 ID+C: CI rating system. We reviewed the Green Loop Headquarters, an office, awarded Gold v4 only 10 days ago that is only 846 square feet. CI v4 MRc1: Long Term Commitment can be achieved simply by signing a 10 year or longer lease.

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Your ENERGY STAR Score is About to Fall Precipitously

Green Building Law Update

The change is significant for buildings pursuing LEED or Green Globes certification, for buildings with GSA or other government space leases tied to an ENERGY STAR score of 75, for buildings in cities with mandatory benchmarking, and for the more than 450,000 commercial properties that have an ENERGY STAR score. You have 75 days to act.

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New flight pattern: Google, Spruce Goose

BD+C

Since 2016, Google has leased the seven-story, 750-foot-long hangar where, in 1943, Howard Hughes housed his all-wood-body Hercules IV airplane, the “Spruce Goose.”.

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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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ELFA President to Retire

Construction Equipment

The Equipment Leasing and Finance Association (ELFA) announced that President and CEO William G. ELFA’s executive committee and board of directors have voted unanimously to name Chief Operating Officer Ralph Petta as its new president and CEO, effective Jan. 1, 2016.' Sutton, CAE, will retire at the end of 2015.

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GEICO to Open Service Center in Central Indiana, Add 1,200 Jobs

Buisness Facilities Contributed Content

Pence joined GEICO Chairman Tony Nicely to announce the company’s plans to locate a customer service center in the Indianapolis metropolitan area, creating up to 1,200 new jobs by 2016. The Washington, DC-based auto insurer will invest millions of dollars to lease, renovate and equip 109,000 square feet of space in the area.

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