Carrolton East & Windhaven West Flyer

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More information available at DBSI Development

Hillcrest South – Gaylord North Flyer, Frisco, Texas

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More information available at DBSI Development.

Gateway 121 – Greater Dallas Area – The Colony, Texas

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More information available at DBSI Development.

DBSI Job Announcements – Executive Assistant and Developer II/DBA

Take a look at the new opportunities available at DBSI – Executive Assistant reporting to Steve Winger in our Boise office, and a Developer II/DBA reporting to Braden Holbrook in our Boise office.

Please visit our Careers page for further details on this opportunity.

Who is DBSI? DBSI is a leader in providing investment real estate opportunities. As a veteran in the real estate industry, DBSI employs knowledgeable professionals who excel in identifying, evaluating, acquiring, developing, marketing, and offering exceptional investment real estate. DBSI provides competitive wages, great benefits, a safe working environment and a spirit of cooperation and teamwork. As a team member, you’ll enjoy opportunities for career advancement and recognition that allow individual growth and a sense of satisfaction.

Major benefits of employment with DBSI include:

· Company-paid health insurance premiums for employees

· Company-paid life and accidental death insurance for employees

· Company-paid long-term disability for employees

· Significant paid time off (PTO), major holidays as well as three floating holidays

· 401(K) program with company match

· Flexible spending accounts

· Tuition assistance

· Gym membership subsidizing

· Well-rounded employee recognition program

· Annual bonus eligibility based on company and individual performance

· Relocation assistance

For more information about the rest of our current employment opportunities, please visit our Careers Page.

More information about DBSI is available at www.DBSI.com.

 

DBSI Aggresively Pursuing New Buying Strategy

Company is buying finished lots, partially finished lots, super pads,
and entitled residential land across the country

29 years of success in the investment real estate market doesn’t come easy. It requires creativity, hard work, and the ability to adapt to a continually changing environment. With the current real estate market, DBSI Acquisitions has had to make some adjustments, and that has led them to a new buying strategy:  Aggressively buying finished lots, partially finished lots, super pads, and entitled residential land across the country.

“In the current climate we are finding exceptional deals on distressed assets like residential land,” Brian Olsen, DBSI VP of Operations, said. “Based on what we have seen in the marketplace, the company feels that improved and entitled residential land can be purchased for below what replacement cost will be in the future.  We believe that the land we have purchased is well-positioned for potential price appreciation.”

One of the keys to success for DBSI has always been to try to anticipate market changes and stay two steps ahead. Following this philosophy, the company believes its new buying strategy is another new investment real estate opportunity that will help them better serve their clients.

 “Most industry veterans will tell you that success in investment real estate requires adapting to an ever-changing market, “ Olsen said. “The real estate market never stays the same, and neither can you.”

Under the new buying strategy, the company recently completed the purchase of four major land parcels in the path of growth in major metropolitan areas (Phoenix, Reno, Las Vegas, and Orlando). The aggregate value of the properties is more than $22 million dollars.

These transactions include:
•  More than 100 finished residential lots on approximately 70 acres within a master-planned community in a high-growth Phoenix suburb. 
• A super pad site consisting of nearly 21 acres of residential zoned land in the northeast quadrant of the Reno-Sparks metropolitan area.
• A super pad site consisting of nearly 22 acres zoned high-density residential located in the northwest submarket of Las Vegas, Nevada.
• More than 150 residential lots within a two-phase subdivision located northwest of Orlando.

Since 2004, the Acquisitions division of DBSI has acquired over 200 properties valued in excess of $2 billion in more than 30 states. Their primary focus is to locate and acquire high-quality real estate such as retail, office, flex, industrial and multifamily offerings. DBSI has acquisition offices located in Atlanta, Boise, and Chicago. For more information, contact Vic Moore in the Atlanta office at 770-841-0001, Bill Fremgen in Boise at 208-489-2600, or Matt Blauvelt in Chicago at 312-212-4456. Information is also available by visiting www.dbsi-ddrs.com.

About DBSI
DBSI is a 29 year old leader in diversified investment real estate.  The company currently manages over 18.6 million square feet, encompassing 280 properties in 34 states with an aggregate value of over $2.65 billion.  DBSI specializes in the acquisition and development of real estate in all four stages—land banking, land entitlement, development & construction and income producing assets.  Learn more about DBSI at www.dbsi.com.

Henderson Commons – Alpharetta Retail Center

SHOPPING CENTER SPACE – ALPHARETTA

ASK US ABOUT OUR NEW TENANT INCENTIVE PACKAGE

Free rent and/or store build-out for qualified tenants!

HENDERSON COMMONS – BEST LOCATION ON HWY 9

New shopping center on Main Street just SOUTH of Windward Parkway at Main and Henderson Parkway

Construction will be complete and ready for tenant finishes Sept. 1

1,400-12,000 sq ft available

Call Scott French, Capital Realty Advisors – (770) 888-8976

Visit us at – www.hendersoncommons.com

Cooperating brokers are welcome

DBSI Job Announcements – Property Accounting Specialist and Senior Corporate Accountant

Take a look at new opportunities available at DBSI – Property Accounting Specialist reporting to Zak Stroud in our Boise office, and a Senior Corporate Accountant reporting to Paris Cole in our Boise office.

Please visit our Careers page for further details on this opportunity.

Who is DBSI? DBSI is a leader in providing investment real estate opportunities. As a veteran in the real estate industry, DBSI employs knowledgeable professionals who excel in identifying, evaluating, acquiring, developing, marketing, and offering exceptional investment real estate. DBSI provides competitive wages, great benefits, a safe working environment and a spirit of cooperation and teamwork. As a team member, you’ll enjoy opportunities for career advancement and recognition that allow individual growth and a sense of satisfaction.

Major benefits of employment with DBSI include:

· Company-paid health insurance premiums for employees

· Company-paid life and accidental death insurance for employees

· Company-paid long-term disability for employees

· Significant paid time off (PTO), major holidays as well as three floating holidays

· 401(K) program with company match

· Flexible spending accounts

· Tuition assistance

· Gym membership subsidizing

· Well-rounded employee recognition program

· Annual bonus eligibility based on company and individual performance

· Relocation assistance

For more information about the rest of our current employment opportunities, please visit our Careers Page.

More information about DBSI is available at www.DBSI.com.

 

DBSI Announces A New Retail Development in Lexington, South Carolina

GROUNDBREAKING FOR THE SHOPPES AT LEXINGTON – COMING SOON

DBSI is pleased to announce the groundbreaking of The Shoppes at Lexington, a new 7,300 square-foot Class A retail center development in Lexington, South Carolina. The Property is located on Sunset Boulevard/Highway 378, the primary East-West retail corridor connecting Interstate-20 and Columbia, South Carolina. The project site is adjacent to Super Wal-Mart.

The old Southtrust Bank building that currently sits on the site will be demolished and replaced with an attractive brick and stucco building that will feature a drive-thru and patio seating area.  Consumers will be able to access the site directly off Sunset Boulevard or to the rear of the property via Old Cherokee Road.

DBSI recently executed a lease with national wireless communications provider AT&T for 3,500 square feet of the project.  Leasing space remains available for The Shoppes at Lexington. Please contact Josh Diggs for more information at 727-329-1950 or jdiggs@dbsi.com.
About DBSI Development
DBSI Development is a wholly owned subsidiary of DBSI.  DBSI Development develops properties through partnerships with an array of development professionals who have roots in growing regions of the country. As a national development company, DBSI Development provides decades of knowledge, and a flexible array of services.

DBSI Development is focused on land acquisition and the development, management, and leasing of commercial and multifamily projects throughout the United States. The company works with national retailers and corporations, developers, and current land owners to successfully develop new commercial properties. DBSI Development’s flexible structure and strong financial base allows the company to entertain a variety of projects, meet crucial timelines, and exceed expectations.

DBSI Development’s current projects include banking land for future development, preparing land for near term development, or vertically developing property immediately.
More information available at www.dbsidevelopment.com

About DBSI
DBSI is a 29 year old leader in diversified investment real estate.  The company currently manages over 18.6 million square feet, encompassing 280 properties in 34 states with an aggregate value of over $2.65 billion. DBSI specializes in the acquisition and development of real estate in all four stages—land banking, land entitlement, development & construction and income producing assets.  Learn more about DBSI at www.dbsi.com.

How a potential owner can depreciate against their cash flow

Q:  Explanation how a potential owner can depreciate against their cash flow.

A:  Depreciation is based on the adjusted cost basis of the property.  For a straight purchase this would include the debt plus the equity (i.e. the total purchase price).  For a 1031 exchange, the total purchase price of the replacement property must be reduced by the gain that is deferred on the relinquished property so in the case of an exchange the depreciable basis is less than the total purchase price.  Land is never depreciable.  If depreciable property and land are exchanged for land (with no buildings or improvements), the entire basis of the relinquished property becomes the tax basis of the land acquired as replacement property.  If land and improvements are exchanged for land and improvements, the allocation of basis to the replacement land must be reasonable and the exchanged basis will have to be reallocated between land and buildings.

Assume that a farm property is traded for a new commercial office building.  The cost basis of the farm (land and depreciable improvements) was $100,000 and accumulated depreciation to date of sale was $60,000 so that the adjusted basis is $40,000.  The sale price of the farm is $200,000 and the deferred gain is $160,000 ($200,000 minus $40,000 adjusted basis).  The purchase price of the new office building is $500,000 ($200,000 equity from the farm plus $300,000 of new debt).  The tax basis in the new office building is $340,000, its purchase price of $500,000 minus the deferred gain of $160,000.  Assume that the basis is the new office building is allocated $75,000 to the land and $265,000 to the buildings.  The taxpayer now has a basis of $265,000 that can be depreciated.  The taxpayer can elect to use a simplified method and start depreciating this entire basis over the 39 years resulting in an annual depreciation deduction of $6,795.  Alternatively, the taxpayer can continue to depreciate the “old basis” over the remaining useful life of the old property and the “new basis” over the new life.

Please note that the rules are very complicated and that the investor should refer to their own tax advisor.  The rules regarding depreciation of property received in a like-kind exchange are in Regulation Section 1.168(i)-6.

Treasury Department Circular 230 Legend:  Any advice contained herein was not intended or written to be used, and cannot be used, for the purpose of avoiding United States federal, state, or local tax penalties.  Unless otherwise specifically indicated above, you should assume that any statement in this material relating to any United States federal, state, or local tax matter was written in connection with the promotion or marketing by other parties of the transaction(s) or matter(s) addressed in this material.  Any taxpayer should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor.