{"id":24416,"date":"2024-08-14T19:04:24","date_gmt":"2024-08-14T19:04:24","guid":{"rendered":"https:\/\/leyton.com\/us\/?post_type=case_study&p=24416"},"modified":"2024-09-18T11:26:28","modified_gmt":"2024-09-18T11:26:28","slug":"179d-case-study-sinanian-development","status":"publish","type":"case_study","link":"https:\/\/leyton.com\/us\/insights\/case-study\/179d-case-study-sinanian-development\/","title":{"rendered":"179D Case Study: Sinanian Development"},"content":{"rendered":"
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About Sinanian Development<\/h3>\n

Founded in 1983 in Tarzana, California, Sinanian Development, Inc.<\/a> <\/strong>has grown from a local contractor into a construction industry leader, providing over $150 million in annual services across various sectors. Sinanian’s long track record includes a diverse portfolio of successfully completed private and public projects, including K-14 schools, police and fire stations, municipal facilities, market-rate and affordable multi-family housing, and commercial developments.
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Details Of Their Qualifying Buildings<\/h3>\n

The Leyton team worked with Sinanian Development on a Holiday Inn Express construction project in Glendale, California. Beginning construction in 2020 and completing the project in 2023<\/strong>, Sinanian Development successfully built the property from the ground up. Their strategic planning and energy efficient design secured them a $5.36 per square foot<\/strong> 179D Tax Deduction for their 70,000-square-foot building.

This modern facility not only meets but exceeds energy efficiency expectations, with a brand new HVAC system, upgraded mechanical components, and advanced energy efficient lighting. These enhancements played a crucial role in qualifying for the tax deduction, showcasing the team’s commitment to sustainable and forward-thinking construction practices.<\/p>\n <\/div>\n <\/div>\n

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The Benefit<\/h3>\n

Sinanian Development secured $371,238.96 in tax savings<\/strong> for the hotel construction through the 179D Energy Efficient<\/a><\/strong> Commercial Building Property Deduction<\/a>. The Leyton team provided additional support by directly assisting Sinanian’s CPAs with various tax forms.

Leyton is an international consulting firm that helps businesses leverage financial incentives to accelerate their growth and achieve sustainable performance.<\/p>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n<\/div><\/section>\n\n

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Leyton made a complicated-sounding process very simple and straightforward. We provided the relevant documents, had a discussion and they handled the rest. <\/h5>\n
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\n Serge Sinanian – Executive Vice-President Sinanian Development, Inc. <\/span>\n <\/p>\n <\/div>\n<\/div> <\/div>\n <\/div>\n<\/section>\n\n

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\n Are you a builder, developer, or contractor? Talk to our team to see if you qualify. <\/h2>\n

Our in-house team of highly experienced scientists, engineers, tax consultants and attorneys would love to answer all your questions.<\/p>\n <\/div>\n \n Contact our Experts \n arrow_outward<\/span>\n arrow_outward<\/span>\n <\/span>\n <\/a>\n <\/div>\n<\/div><\/section>","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":24422,"template":"","meta":{"_acf_changed":false},"categories":[344],"tags":[152,320,103],"class_list":["post-24416","case_study","type-case_study","status-publish","has-post-thumbnail","hentry","category-energy-efficiency-incentives","tag-179d","tag-179d-tax-deduction","tag-energy-efficiency"],"acf":[],"yoast_head":"\n179D Case Study: Sinanian Development | Leyton<\/title>\n<meta name=\"description\" content=\"The Leyton team worked with Sinanian Development on a Holiday Inn Express construction project in Glendale, California.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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