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Access Accelerator Announces New Office Location and Grants for Small Businesses

Access Accelerator Announces New Office Location and Grants for Small Businesses Access Accelerator Announces New Office Location and Grants for Small Businesses During the first week in May 2021, the Access Accelerator Small Business Development Centre released an announcement about the opening of an office in Rock Sound at the new Eleuthera Business Hub, as well as the availability of grants for small businesses and entrepreneurs.  The full release reads as follows: “Access Accelerator Small Business Development Centre is excited to announce the opening of an office in Rock Sound, Eleuthera. The office will provide support for Small Business Owners and Entrepreneurs who currently have a business or looking to open a business on Eleuthera. Sharon French, Advisor and Teacher, commented, “This will be an excellent opportunity for anyone who would like access to the internet and computer to write a business plan, attend business cla

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1031 exchange limit could cut property sales, tax revenue, critics say

Oklahoman Real estate investment would go stagnant, commercial property go unimproved, and construction jobs go away if President Joe Biden succeeds in chopping the popular tax accounting regulation known as a 1031 tax-free exchange, some real estate specialists say. It could freeze the market, said Ford Price, managing partner of Oklahoma City brokerage Price Edwards & Co. Section 1031 of the Internal Revenue Code encourages investment by letting sellers postpone paying capital gains taxes through a series of exchanges. Taxes only come due when there is a sale not followed by another purchase  without reinvestment. Biden wants to end the tax break for gains greater than $500,000 as part of his American Families Plan. It s part of his broader plan to finance child and elder care.

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Hall Capital in OKC sells warehouses to Texas joint venture

Oklahoman A Texas-based joint venture bought two Class A industrial buildings totaling 121,600 square feet from Oklahoma City s Hall Capital on land leased from the state of Oklahoma at 6200 and 6220 SW 29. It was the 10th joint investment by Corinth Land Co., based in Fort Worth, and Prattco Creekway Industrial, based in Dallas, but their first investment in Oklahoma. The purchase price was not disclosed. Since they purchased the buildings only, not the land, it is not a matter of public record. Financing was by Veritex Bank in Houston with majority equity provided by Western Production Co., an oil-and-gas company in Fort Worth.

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Vacant Kmart, Sears, Carson's stores are getting a new life as COVID-19 vaccination sites. But then what?

At a former Kmart store in Des Plaines, the parking lot was full and a steady stream of people walked through the building’s sliding glass doors. No one was there to shop: what was once the last remaining Kmart in Illinois is now one of Cook County’s COVID-19 mass vaccination sites. The store’s sign has been swapped for a banner announcing the vaccine site, and a member of the Illinois .

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From checkout lines to vaccine lines: Vacant big-box stores get new life as mass COVID-19 vaccination sites

From checkout lines to vaccine lines: Vacant big-box stores get new life as mass COVID-19 vaccination sites Lauren Zumbach, Chicago Tribune © Stacey Wescott/Chicago Tribune Nurse Barb Parness raises her flag March 19, 2021, to let people know she is ready for another person to receive the Moderna COVID-19 vaccine. Parness and others were administering shots inside a former Sam s Club in Batavia. At a former Kmart store in Des Plaines, the parking lot was full and a steady stream of people walked through the building’s sliding glass doors. No one was there to shop: what was once the last remaining Kmart in Illinois is now one of Cook County’s COVID-19 mass vaccination sites.

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