BBG

Life at BBG: Several Sacramento and San Francisco leaders recently joined Jonathan Vadiee, BBG Chief Financial Officer, for lunch during his visit to the West Coast. Those pictured clockwise from left to right include: Blake Lindsay, MAI, Jonathan Vadiee, Phillip Hanshew, MAI, AI-GRS, Janelle Hosford Wright, Jason Valdivia, MAI, Quirina Mitchell, MAI, and Scott Beebe, MAI.

Please join us in welcoming Jacinda Johnson to BBG as Director, Business Development for our North Central region. Jacinda brings five years of environmental consulting experience — most recently leading business development across Indiana and managing a Midwest team. She's passionate about building relationships, uncovering opportunities, and delivering collaborative solutions that drive results.

Hailed as an "incredible game changer," L.A.'s amended adaptive reuse ordinance, in effect since Feb. 1, has real estate developers eager to pull the trigger on new housing projects.

Adaptive Reuse to Surge - Los Angeles Business Journal The month of February carries much zest from Groundhog’s Day to Valentine’s Day to the Super Bowl. But perhaps the most pronounced source of excitement in

Florida's biggest real estate opportunities may not be where you think. BBG's Richard Best, MAI, AI-GRS, CCIM, MRICS, is a lifelong Florida native and commercial valuation expert. In this article, he breaks down why tertiary markets are outpacing the state's gateway cities, and what it means for investors.

https://bbgres.com/floridas-next-growth-frontier-why-opportunity-is-expanding-beyond-the-states-major-markets/

A study reveals how employees and companies are actually using office space. The key takeaway: The office is no longer framed primarily as a cost to be minimized. It is increasingly framed as a driver of culture, retention, productivity and ultimately revenue.

Study Reveals the Trends Changing How Companies Use Their Office A new analysis reveals a workplace in transition where utilization remains low but intentionality is rising, space configurations are lagging behind actual work patterns, and the office is being repositioned from a cost center into a strategic asset.

⏰ Don't wait to order your cost segregation report!

Extended federal tax return due dates for the 2025 tax year are approaching:

September 15, 2026 – Partnerships
October 15, 2026 – Individuals

Act now to ensure your report is ready in time. Reach out to John H. Wright, Jr., MAI at [email protected] or request a quote directly on the BBG website.

👉 https://bbgres.com/request-a-quote/

CRE Finance Council NYC is next week, and special servicing will be one of the key topics of conversation. BBG's Scott Silverman, MAI, just published a timely read on what today's workout environment means for valuation. The article covers maturing CMBS loans, the challenge of uncovering reliable market data, and the factors driving an increase in special servicing. It's a good primer before heading to New York.

https://bbgres.com/what-todays-special-servicing-environment-means-for-cre-valuation/

In an attempt to settle en masse the backlog of litigation involving conservation easement tax breaks, the IRS last month announced a limited settlement window for eligible syndicated conservation or historic preservation easement disputes, with a reduced 10% gross valuation misstatement penalty available for 90 days upon receipt of an individualized settlement letter.

Easements have legal implications and come with rights and responsibilities, as BBG's Louis S. Izenberg will discuss as a featured speaker at the Association of Municipal Assessors of NJ (AMANJ) conference, taking place June 8-10 at the Seaview Hotel in Galloway Township, N.J.

IRS Lays Out Terms for Conservation Easement Dispute Settlements The IRS last week announced the terms of a new settlement opportunity for eligible taxpayers involved in syndicated conservation easement or historic preservation easement disputes with the tax agency.