This fall, students seem likely to move into off-campus student housing properties at roughly the same rate as they did before the global coronavirus pandemic shut down college campuses around the world.
The so-called 1031 like-kind exchange rule was created a century ago to aid family farmers. It has evolved into a beloved tool of property moguls, Fortune 500 companies and real estate trusts that can use it to create a daisy-chain of tax avoidance.
CBRE CEO Bob Sulentic shared his thoughts on returning to the office and diversity and inclusion efforts, as part of a wide-ranging discussion reported by D Magazine. The Trump Organization has quietly put its Washington, D.C. hotel back on the market, according to The Washington Post. These are among today’s must reads from around the commercial real estate industry.
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