Discover the difference of full-solution
financing with First American

Let's Reimagine Your Workplace, Together


First American can help you create the workplace you've always imagined.

Our solutions for office renovations and expansions are tailored to meet your business
objectives—from project simplification and budget consistency, to tax savings and accounting benefits.




 


Improve Tax Efficiency

Expensing rental payments can create a greater tax shield than depreciation, resulting in a reduced tax burden.

Lease payments are recorded on your income statement, which means they are tax-deductible operating expenses. 



Distribute Costs

Align the cost of the equipment with its use and evenly distribute buildout cost per partner per year.

Why shoulder 100% of the costs today when the tax benefits will be realized over time? A lease can help balance your cash flow while minimizing your tax expenses. 


Avoid Phantom Income

First American's leasing structures eliminate phantom income drag.

When the tax depreciation of office improvements is less than the cash expense, it creates a higher taxable income compared to book income, meaning your equity partners will be taxed at a higher level. A lease program eliminates this phantom income drag.



Finance 100% of Costs

First American can finance all collateral involved, including installation and construction costs.

A lease line of credit can include all expenses related to a build-out, including both soft costs. Expenses such as architectural fees, construction, wiring and cabling, audio-visual setup and carpeting can all be included in a lease along with furniture and fixtures.

Click on the resources below to learn more about our office buildout capabilities:

 

Finance 100% of Your Expansion or Renovation

 

Leasing Benefits

 
  • Improve tax efficiency
  • Distribute costs over time
  • Finance 100% of costs
  • Budget consistency
  • Finance costs from multiple vendors

Commonly Leased Equipment

 
  • Furniture and fixtures
  • Installation costs
  • Construction costs
  • Lighting
  • Telephone systems

Industry Expertise

 

First American has proven experience in financing expansion and renovation projects. We can provide customized solutions—from the straightforward purchase of computers and furniture to the complicated design and construction process of multifaceted, multi-location build-out projects.

 

AM 200
NY Law Firm

Multi-office renovation for leaseholds

$4.5 million

AM 100
DC Law Firm

 New construction of  headquarters

$27 million

325 Atty.
WV Law Firm

Buildout of new headquarters office space

$3.4 million

 

AM 100
MO Law Firm

Construction and IT equipment for multiple offices 

$13 million

AM 100
CA Law Firm

 Equipment for US and international offices

$5 million

AM 100
NY Law Firm

Furniture and IT upgrades for multiple office locations 

$7 million

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