How will the lease accounting changes affect your balance sheet?

FASB-Reg_Use_100dpiAre you prepared? You may or may not be aware that The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) are changing the lease accounting that will create some work for corporations to be compliant. Basically, the recommendations will create more assets and liabilities on both public and private corporations’ balance sheets.

The new standards will greatly affect how leases ...

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Regent Moves Forward with Buckhead Spec Tower

regent buckhead spec tower

Not to be outdone by Tishman Speyer and their Three Alliance building, Regent Partners has proposed a mixed-use project beside the Buckhead MARTA station. This parcel has been slated for the second phase of Capital City Plaza for years. The proposed project, being called 3354 Peachtree, will include about 550,000 SF of office space, 9,500 SF of retail space, and ...

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Gwinnett to Stretch Toll Lanes Further North

gwinnett toll lanes

Gwinnett County has proposed a plan to extend the toll lane on I-85 through the Hamilton Mill exit in Buford. Like the existing lane, this lane will operate as a variable pricing toll. To prevent further congestion during construction, the county has also proposed temporary auxiliary lanes between all of the exits to make it easier to merge on and off ...

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Demographics Shifting in Atlanta

emographics

For the first time since the “White Flight” of the 60s and 70s, Atlanta is experiencing a major demographic shift. Where affluent people once left the city for the suburbs, we are seeing the complete opposite happen now. More and more Millennials as well as “empty-nest” adults are moving in town because of the convenience of a walkable environment. These two demographic groups ...

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Land Prices on the Rise

Mayson Family Land
The number of firms interested in developing projects in the Metro area have caused land prices to increase to levels we haven’t seen since 2007. This has caused some anxiety, as we all remember how those 2007 levels turned out for us. But most agree that the market is in the early stages of its recovery and has shown very ...

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GDOT Keeping It In-House

GDOT

In recent months, the GDOT has made a push to outsource janitorial and landscaping services at state rest areas to private companies. After the bid process ended, however, the GDOT concluded that it would actually cost them more money to outsource this work than to retain its current staff and continue to do the work themselves. The two most competitive bids ...

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Buckhead Atlanta Opens to Public

buckhead atlanta

After more than a half decade of planning, re-planning, and construction, Buckhead Atlanta has finally opened its doors to the public. The concept for the 1.5 million SF mixed-use development was originally announced in 2006 but took a backseat when the economy collapsed the following year. After five stagnant years, development firm OliverMcMillan took control of the project and rebranded the project ...

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