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12 Must Reads for the CRE Industry Today (May 3, 2021)


12 Must Reads for the CRE Industry Today (May 3, 2021)
Bisnow and The Real Deal provide two more analysis pieces on the potential implications of the Biden tax proposals for 1031 exchanges. Real estate titan and philanthropist Eli Broad died at age 87, reports the New York Times. These are among today’s must reads from around the commercial real estate industry.
Biden s Proposed Tax Hikes Could Hit CRE Retroactively “Generally, taxes are prospective in nature and go into effect a year or two after passage, KE Andrews property tax consultant Tony Trahan said. Former President Donald Trump s tax changes outlined in the Tax Cuts and Jobs Act of 2017 went into effect the year after their passage. But there is a strong precedent to apply these hikes to the 2021 tax year if Biden wants to begin collecting money, Trahan said.” ( ....

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Seven Must Reads for the CRE Industry Today (April 5, 2021)


Seven Must Reads for the CRE Industry Today (April 5, 2021)
The Wall Street Journal looks at how investors in the single-family rental market are snapping up a significant share of houses on the market. A major skyscraper in London is on sale providing a test for the appetite for office investment, reports Daily Business. These are among today’s must reads from around the commercial real estate industry.
If You Sell a House These Days, the Buyer Might Be a Pension Fund “From individuals with smartphones and a few thousand dollars to pensions and private-equity firms with billions, yield-chasing investors are snapping up single-family houses to rent out or flip. They are competing for houses with ordinary Americans, who are armed with the cheapest mortgage financing ever, and driving up home prices.” ( ....

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