By Douglas Kohn, MBA, CPA I read in Bisnow on October 7, 2026 that Bank OZK shares fell after Citi Research flagged a short-term modification of a $915 million construction loan. The loan finances IQHQ's Research and Development District life sciences project in downtown San Diego. The modification pushed the maturity date out about six weeks, to October 9. Citi's note pointed to a detail every controller should notice: the agreement was signed by the bank on September 30 and

By Douglas Kohn, MBA, CPA I read a Bisnow piece in mid-September, "Troubled Multifamily Loans Face A Refinancing Problem: Who Puts In New Equity?" (September 17, 2026), and one quote stuck with me. Art Rendak, president of Inland Mortgage Capital, said it is hard to bring a refinancing request to a credit committee when the borrower is "at a 0.9 [debt service coverage ratio]." Investment committees want to know why the borrower is in trouble and what they will do differently.

By Douglas Kohn, MBA, CPA I read Yardi's announcement yesterday morning with my coffee, and one line caught my attention. Its new Virtuoso Enterprise platform includes a "Month-End Close Agent" that, in Yardi's words, "runs 30 reports automatically across your books, AR, AP, bank reconciliations, security deposits, rent roll and GL hygiene, and surfaces issues in plain language with suggested next steps." Thirty reports is a good share of a property accountant's close checkli

Washington is working on loosening several public-company reporting rules at once. If you own, build, or operate real estate, it is tempting to file that under "somebody else's problem." It isn't, and the reason matters more than the headlines. What the SEC has actually proposed On May 19, 2026, the SEC proposed a new filer-status framework. According to the SEC, it would raise the large accelerated filer threshold from $700 million to $2 billion of public float, and every ot

On September 24, The Real Deal reported that vendors and subcontractors are going after Miami Freedom Park, the $1 billion mixed-use project built around Nu Stadium, for more than $13 million in work they say has not been paid. The claims come in two forms. There are two lawsuits: World Electric Supply says it is owed $2.8 million, and millwork contractor Glenn Rieder is seeking nearly $4.2 million. Then there are eight liens filed since May, totaling $6.3 million. The larges

On September 2, the Financial Accounting Standards Board (FASB) released a proposal to clean up 21 areas of GAAP. Near the top of the list: clarifying the scope of the new credit-loss shortcut for accounts receivable that it issued just last year (Journal of Accountancy; Deloitte DART). Comments are due November 19, 2026. That may sound like inside baseball. It isn't. The rule it touches — ASU 2025-05 — is effective for most private companies and nonprofits this year. If your

On September 16, the Federal Reserve raised its target interest-rate range by 0.25 percentage points, to 3.75%–4.00%. Major banks subsequently increased their prime lending rate from 6.75% to 7.00%. For business owners, real estate operators, and nonprofit executives, this is more than an economic headline. It can directly affect interest expense, cash flow, forecasting, capital projects, and the financial information used to make decisions. THE ACCOUNTING IMPACT Companies wi

On September 11, The Real Deal ran a piece on a fight that has been going on for sixteen years at the Palm Beach Marriott Singer Island Beach Resort & Spa in Riviera Beach. Two hundred thirty-nine units. The condo association on one side, the commercial operator, Urgo Hotels, on the other. The thing they're fighting about is an administrative charge of roughly $45 per occupied day, billed to unit owners on top of their quarterly assessments. The association says the charge co

When businesses consider growth, expansion, or strategic realignment, mergers and acquisitions (M&A) often come into play. But navigating the complex world of buying, selling, or merging companies is no small feat. That’s where M&A advisory solutions step in. They act as the compass, guide, and strategist all rolled into one, helping businesses make informed decisions that drive success. Let me walk you through why these advisory services are indispensable, how they work, and

When it comes to growing your business, numbers matter. But managing those numbers? That’s a whole different game. This is where accounting strategy services come into play. They’re not just about crunching numbers or keeping the books tidy. They’re about transforming your financial data into a powerful tool that drives your business forward. Whether you’re a startup or an established company, leveraging expert accounting consulting can be the game-changer you need. Let’s div

By Douglas Kohn, CPA If your construction or real estate development company already has a solid bookkeeper, the next question usually arrives as a complaint, not a strategy: "Why do the books still not tell me which jobs are making money?" That question is the gap between bookkeeping and controllership. Construction Executive put the distinction plainly in July 2026: a bookkeeper records transactions, while higher-level construction accounting owns job costing, WIP reporting

*By Douglas Kohn, CPA* Commercial real estate operators still talk about the "maturity wall" as if rates alone decide outcomes. Rates matter. They do not write the lender package, rebuild trailing NOI, or prove debt-service coverage before a credit committee meets. That is CFO work. The Mortgage Bankers Association (Feb 9, 2026) reports that 17 percent ($875 billion) of the $5.0 trillion of outstanding commercial mortgages is scheduled to mature in 2026, down 9 percent from $

Most construction Controllers grew up reading retainage on the same line as trade receivables. The owner held back 5% or 10%, the AR aging showed it, and the surety could see how much cash was still parked behind final completion. That presentation did not survive ASC 606 cleanly — and in 2025 the FASB made clear it is not going back. If your year-end package still treats every retention balance like ordinary AR, you are probably misstating the balance sheet. If you buried co

What Owners and Operators Need to Watch The commercial real estate market has spent the last few years bracing for bad news. Now, halfway through 2026, the picture is more mixed — some parts of the market are genuinely stabilizing, while others are just getting to the hard part. For owners, investors, and the finance teams supporting them, that mix creates a long list of accounting and tax issues that can't be put off until year-end. Here's what's actually on the table right

Understanding the world of finance can often feel overwhelming. However, gaining a clear grasp of financial services is essential for making informed decisions about your money, investments, and future. This article provides a comprehensive overview of financial services, breaking down complex concepts into simple, actionable insights. Whether you are a beginner or looking to deepen your knowledge, this guide will help you navigate the financial landscape with confidence. Ove

Choosing the right financial services can be a game-changer for your personal or business finances. With so many options available, it’s important to understand what each service offers and how it can benefit you. This guide will walk you through the best financial services, helping you make informed decisions that align with your goals. Understanding the Best Financial Services Available Today When it comes to managing money, the best financial services provide tailored solu

Year-end is the best time for owners and finance leaders to turn “keeping up” into a real strategic reset, especially with 2025’s new tax law and a changing economic backdrop. firmofthefuture+1 ​ Why year-end matters more this year Economic volatility, higher-for-longer interest rates, and increasing scrutiny from lenders and investors mean your numbers need to be accurate, defensible, and forward-looking. For many growing businesses, this is exactly where a fractional CFO mo

The Need for Speed in Financial Decision-Making The speed of decision-making in finance can greatly influence results. Markets can change at any moment, and what seemed like a fantastic prospect yesterday may not hold the same value today. For example, in 2020, the stock market experienced a rapid drop due to the COVID-19 pandemic. According to reports, the S&P 500 plunged by 33.9% in just a month. Investors who could quickly analyze trends and make decisions, like reallocati

In today’s fast-paced business environment, financial leadership is more critical than ever. Companies aiming for sustainable growth and...

In the fast-paced world of finance and business, addressing emerging challenges is critical for sustained success. At SoFla Prime...