White Papers

Cassidy Turley provides valuable perspectives and insights on numerous issues and topics. Our White Papers arm you with knowledge to better understand the dynamics of trends that shape the commercial real estate landscape.

Commercial Real Estate Analysis

  • Leasing Acounting Rules . . .Where is FASB Headed? - May 2012

    Little did we know when our August 2011 FASB update (“FASB Changes Course (again) on Lease Accounting”), was issued that we’d be repeating this same phrase one more time. But, that is indeed what FASB has done, in changing course on a several key elements of the proposed rules. The following updates past White Papers that Cassidy Turley has issued and provides a summary to our readers on the following changes: Download File »

  • Employment Tracker - April 2012

    The latest job numbers, while disappointing, are far from terrible. According to the Bureau of Labor Statistics, employers added 120,000 non-farm payroll jobs in March of 2012. The latest figures are a bit of setback for the commercial real estate recovery. Download File »

  • Information Technology and the Federal Government - Doing More with Less - March 2012

    The Federal Government spends a significant amount of money on information technology. Indeed, an estimated $78.9 billion is budgeted for information technology in Fiscal Year (FY) 2013.1 For perspective, total discretionary outlays for the Federal Government are an estimated $1.3 trillion for FY 2013. That means for every $100 in discretionary spending, over $6 is spent on information technology. Download File »

  • The Future of Closed Auto Plants - March 2012

    The Big Three automakers - General Motors, Ford, and Chrysler – shared the U.S. auto market among themselves well into the 1960s. Increasing gasoline prices in the 1970s enabled smaller imported automobiles to increase their market share. As U.S. auto manufacturers and their suppliers cut back,hundreds of plants were closed. Download File »

  • Euro-Crisis Restrains Optimism for Commercial Real Estate - March 2012

    The economic data from around the world is turning increasingly more upbeat. Still, no matter how strong the recent data appear, the euro-crisis continues to restrain optimism. Download File »

  • U.S. Employment Tracker - February 2012

    Do the latest employment figures show that businesses are increasing their pace of hiring? Yes. Are the jobs being created ones that drive demand for commercial real estate? Yes. Is there any indication that the labor markets will continue to hire at a healthy pace? Yes…mostly. Download File »

  • What Color is Your Lease? - January 2012

    Green leasing is becoming an increasingly popular concept - one that evokes images of buildings that use no energy, where every space has an operable window and solar powered robotic vacuums quietly recycle water bottles and compost leftover lunches. Although these buildings don’t exist yet, the idea that a “green” lease will somehow make it so is a common misconception. So what is a green lease? How can you tell? And perhaps most importantly, how much will it cost? Download File »

  • U.S. Employment Tracker - December 2011

    Improvement in the labor markets was confirmed today, when the Bureau of Labor statistics reported the US economy added 120,000 jobs. Moreover, the unemployment rate dropped to a two and half year low of 8.6%. The jobs data that drive demand or commercial real estate also registered solid gains. Professional and business services added 33,000, retail trade added 49,800 and manufacturers added 2,000. Download File »

  • Jobs are Returning to the U.S....Slowly

    The trend for U.S. businesses to out-source jobs to foreign countries has been a fact of life for more than a decade. The lure of low-paid workers abroad has persuaded businesses to move jobs overseas in an effort to reduce costs and increase competitiveness. Download File »

  • Construction Costs Report - October 2011

    Private sector construction has generally been trending upwards since March of 2011. After dipping slightly in July, private construction spending rose 0.4% in August and is 0.9% higher than its level in August of 2010. Now that the dust is settling - following the uncertainty surrounding the debt ceiling debate and the S&P downgrade - projects appear to be moving forward again. Download File »

  • Technology: A Beacon of Hope - October 2011

    At a time when 40% of economists surveyed by Moody’s predict the US economy will slip back into recession; at a time when the IMF revised down their global GDP forecast by nearly 1 full percentage point from the trajectory it was on just five short months ago—the technology sector is experiencing staggering growth. Download File »

  • The Rise of the Apartment Market - September 2011

    Coming out of a recession, at what point is a sector of the economy no longer simply in “recovery,” but actually in growth mode? The apartment sector is clearly beyond the recovery stage. Vacancy is at 5.9% - a level that is consistent with the last real estate boom - and rents are projected to increase meaningfully over the next few years. Download File »

  • FASB Changes Course (again) on Lease Accounting - August 2011

    The Financial Accounting Standards Board (FASB) recently announced a new direction in its’ ongoing effort to make major changes to current lease accounting rules. Download File »

  • Global Sales Resilient Despite Economic Slowdown - August 2011

    The combination of improving economic conditions, attractive spreads and the availability of debt capital at a reduced cost have fueled a rebound in commercial real estate sales around the globe. Download File »