Great Tax Saving Tools with Similar Goals Real estate investors have known for years that 1031 property exchanges can save taxes. A cost segregation study is something else investors should consider at the same time—as both may save taxes and improve cash flow. Here’s how a cost segregation study may benefit your next transaction. Whereas….
Cannabis – One of the Fastest-Growing Industries This month we highlight our clients in the cannabis industry, one of the fastest growing industries across the country. At these high-tech facilities, our engineers perform due diligence commercial building inspections for prospective real estate buyers. This may include evaluation of the very specialized requirements for HVAC, plumbing….
Criterium Engineers’ commercial building pre-purchase inspections guide our clients through the due diligence process. The inspections and the resulting reports, performed by licensed, Professional Engineers, inform the prospective buyer regarding important aspects of the property and may also assist in negotiating a purchase price, depending on what is found. All of Criterium’s reports conform to….
Greg Hogan, a licensed, Professional Engineer, recently joined Criterium Engineers’ corporate headquarters team in Freeport, Maine. Hogan leads the company’s national operations division as Director of Operations. Hogan is a licensed, professional civil engineer and project manager with over 30 years’ experience in site development, building design/construction, and facility management. Most recently he was employed….
[This article on Cost Segregation is excerpted from NAI The Dunham Group publication 10th Annual Greater Portland 2021 Industrial Market Survey, found on page 9.] For any building buyer or owner, cash flow is a critical measure of the financial viability and success of a property. A building’s cash flow can help pay down debt,….
When building owners and property managers plan the financial future of their facilities, the quantitative tool most often chosen is the Capital Needs Assessment (CNA). A CNA creates a capital forecast of needed reserves to fund depreciating asset replacement and prioritize discovered deficiencies while providing a comprehensive document to justify lending requests. CNAs are often….
Criterium-Pacific Engineers has begun operations in Honolulu, serving the island of Oahu and the entire state. John McLain, P.E., president of the firm, is a licensed, Professional Engineer with nearly 30 years’ experience as a civil engineer. The business is an independently owned and operated affiliate of Criterium Engineers, one of North America’s leading consulting….
At Criterium Engineers, we’re a pet-friendly workplace and our employees are proud owners of cats, dogs, rabbits, chameleons, turtles, and many other well-loved critters. When our local humane society was purchasing a 24,000 square foot building and asked us to perform a property condition assessment and Phase 1 environmental site assessment, we were delighted to….
Eide Bailly, one of the top 25 certified public accounting firms in the nation with more than 40 offices in 14 states, engages with Criterium Engineers corporate headquarters to perform a specific type of engineering analysis. Our licensed, Professional Engineers, work with Eide Bailly on Section 179D building energy efficiency tax deduction calculations for their….
Hunter Griffiths recently was hired as Junior Project Engineer at Criterium Engineers. As part of the engineering team, Hunter will be supporting commercial and residential energy and modeling projects, commercial real estate inspections, and other engineering projects. Hunter graduated in May from the University of Maine with a Bachelor’s degree in Mechanical Engineering. This summer,….