Archive for August 2025
Pierside Capital Completes Preferred Equity Placement
FOR IMMEDIATE RELEASE 8/26/2025 – Huntington Beach, CA –Pierside Capital is pleased to announce that it has successfully closed a follow-on preferred equity placement for the Montreal Beach Resort in Cape May, NJ. Proceeds from the placement were used to renovate a historic 4,000 sf Victorian-era house that sits at the rear of the property…
Read MoreSection 179 & Bonus Depreciation in Real Estate: Revamped by the One Big Beautiful Bill Act (OBBBA)
Real estate investors thrive on strategies that unlock rapid tax deductions—and the One Big Beautiful Bill Act (OBBBA), enacted on July 4, 2025, has supercharged two of the most impactful tools: Section 179 expensing and Bonus Depreciation. What’s Changed Under the OBBBA? 1. Bonus Depreciation is Back—Permanently at 100% OBBBA restores 100% bonus depreciation as…
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