The next federal fiscal year begins on October 1, 2021, and budget reconciliation will become available again, which means Biden and the Democratic Party-controlled Congress will have the opportunity to press forward with their proposed changes to the tax laws.
Google plans to spend $7 billion on office buildings and data centers this year, reports The Wall Street Journal. Not all of last year’s retail bankruptcies were caused by the pandemic, according to a Fitch report. These are among today’s must reads from around the commercial real estate industry.