FASB

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 […]

Houston, TX

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. […]

Houston Worst; Dallas First in National Rankings of Office Space Absorption

This post was originally published on this site Originally published on July 17, 2017   HOUSTON and DALLAS – Houston has worst office absorption in the nation while Dallas has the best, according to a midyear report by Cushman & Wakefield. Houston had 1,565,381 million SF of negative net absorption in the first half of […]

Howard Hughes Corporation

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 […]

Shenandoah Community Impact News

Shenandoah legislation enables city to fund special events center with hotel tax revenue

This post was originally published on this site By Hannah Zedaker | Originally published on June 21, 2017 The city of Shenandoah now has the option of paying for its proposed special events center with hotel occupancy tax revenue following the passage of Senate Bill 2166 during the 85th Texas legislative session. Shenandoah city officials have […]

Northgate One

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 […]