Entries by admin

New FASB Lease Accounting for Commercial Real Estate Leases

Are you aware that the Financial Accounting Standards Board (FASB) has issued a new accounting standard for operating leases?  Under the new lease accounting standard (ASC 842), companies will need to include the majority of their operating leases (i.e. office & IT leases) on their balance sheets from January 1, 2019 onward.  For privately held […]

The Top 10 Markets for Investment Sales

  The top 10 markets with the highest first half of the year sales volume include the following: Investment sales in the U.S. continue to lag the pace set last year. Even with an uptick in pricing, the $109.2 billion in sales that occurred in the second quarter represent a 5 percent year-over-year decline. Total […]

Howard Hughes Corp. unveils next phase of Cypress master-planned community

This post was originally published on this site Originally published on July 24, 2017 Thousands of homes and a new amenity center with a lazy river are planned for the next phase of a massive master-planned community northwest of Houston. The Howard Hughes Corp. (NYSE: HHC) and its wholly owned subsidiary The Woodlands Development Co. […]

Howard Hughes Corp. announces details about The Woodlands Hills development in Conroe, Willis

This post was originally published on this site By Jesse Mendoza|   Originally published on June 26, 2017 The Howard Hughes Corporation announced details about The Woodlands Hills, a 2,000-acre master-planned community under development in north Conroe and Willis, during a presentation on Monday morning. The community will feature more than 4,500 residences, 112 acres of […]

One Northgate – Full Floor

Ross Foldetta represented One Northgate at 28420 Hardy Toll Road near I-45 in a lease with Total Airport Services for 3,237 SF. This 60,000 SF campus based office property offers a value opportunity with unmatched access to Hardy Toll Road, I-45 and the Grand Parkway with neighboring hotels and Class A apartment communities. The Tenant […]

Welcome Sean Smith, CPA, MBA

Sean Smith has joined Foldetta Commercial to specialize in Tenant Representation, Corporate Advisory Services and Land Sales. Prior to joining Foldetta Commercial Sean spent 10 years at Chicago Bridge & Iron. Read more at http://foldetta.com/about-us/sean-smith-cpa-mba/

CB&I names new CEO

This post was originally published on this site Chicago Bridge & Iron Company NV, commonly called CB&I (NYSE: CBI), announced May 18 that Philip Asherman will retire from his role as president and CEO, effective July 1. Patrick Mullen has been named to succeed Asherman, who has led CB&I for nearly 12 years. Mullen has […]

Herb & Beet – LEASE ANNOUNCEMENT

Herb & Beet, a new Fast-Casual restaurant, will be opening its flagship location in September 2017 at 448 Sawdust Road in the Woodlands, TX.  The fresh concept is represented by Terrie Smith with Foldetta Commercial. The locally owned and managed restaurant brings a new and exciting dining trend to the Woodlands, as it strives to […]