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The global events of the past two years have had a profound impact on real estate, from the disruption to office real estate to the rise of secondary markets. In terms of sectors that have seen positive growth, industrial and multifamily have emerged as clear frontrunners. Multifamily owners and investors have benefited from the shift

Although tax credits as subsidies have been a cornerstone catalyst for advancing many ESG policies and technologies over the last several years, tax is often forgotten or minimized in the process of creating and implementing corporate ESG and value creation strategies. Ignoring the symbiotic relationship between tax and ESG is a losing strategy, given increased

In the face of the “Great Resignation” and rising inflation, organizations are taking a second look at the size of their salary increase budgets. For the last decade, budgets for merit increases have hovered around 3%. Now, salary increase budgets are on the rise to levels not seen in years, according to BDO’s first-quarter 2022

To properly manage a community association’s finances, it is vital to understand the financial statements and what they represent. Even if the association uses a CPA (which it should), transparency and accuracy are crucial. The association’s board of directors and its members should have a simple understanding of the documents and how to properly review

When COVID-19 was declared a pandemic, it marked the beginning of a tumultuous time in which uncertainty and confusion reigned. However, one bright spot did appear – people were inspired to give back to the world around them, and many nonprofits saw goodwill increase. According to a 2020 Gallup survey, more U.S. adults said they planned

Federally Qualified Health Centers (FQHCs) play a crucial role in the U.S. health system by providing care to underserved populations. Their task is a difficult one: they must meet strict requirements to retain their classification while traditionally receiving less funding than their private counterparts. In order to keep providing care to the people that need

Debt is an important component of a company’s capital structure since it creates leverage to fund growth without the need to raise capital for every expansion. Although interest rates continue to be historically low, concerns about increasing interest rates have caused many companies to consider refinancing existing indebtedness to “lock-in” current rates. When undertaking or

The financial management of community associations comes with its own set of challenges, especially when it comes to accounting. Should a community association be run as a business? A nonprofit? A small government? The answer is, “yes and no.” Community associations function as a bit of all the above. Business Accounting In some ways, a

The real estate industry is transforming. Greater penetration of e-commerce, ongoing supply chain disruptions, changes in consumer spending habits, the desired location of first-time homebuyers, the shift from in-office to remote work and the increased use and reliance on technology are forces converging on the industry and forcing investors and owners to change traditional ways

Hard-hit small businesses received more than $16 billion in much-needed COVID-19 relief through the Small Business Administration’s (SBA) Shuttered Venue Operators Grant (SVOG) program. Many organizations that received this funding may not have experience with federal awards or the complex rules associated with them. Given that the SVOG program is a federal grant program, recipients