NREI Daily
Wealth Management FinTech
 

JUNE 28, 2019

Top Story

Finance & Investment

“Taxes Should Never Lead Business Decisions,” According to McGuire Woods Partner Gerald Thomas

Given that the clock is ticking on Opportunity Zone tax advantages, 2019 should be a pivotal year for investors to jump into Opportunity Zone funds, according to tax attorney Gerald Thomas, an Atlanta-based partner at McGuireWoods. “There’re going to be people fighting to get their money [into Opportunity Zone funds],” Thomas says. “You’re seeing many products being pushed to market as we speak.”

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Analysis

Office

Obsolete Office Buildings Offer Investors a Myriad of Opportunities for Adaptive Re-Use

Older office buildings with high vacancies often suffer from lack of access to mass transportation or require significant infusions of capital to compete for tenants in today’s market. Landlords struggling with low occupancy may want to consider converting older office buildings to uses with higher demand for the location, including housing, hotels, schools, retail, start-up incubators, industrial facilities or even urban gardens.

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Digital Edition

Bopping Along

With healthy balance sheets and portfolios, and favorable capital markets conditions, the outlook for publicly-traded REITs remains stable. Smaller banks are building up their commercial real estate lending portfolios. Read these and other stories in NREI's June 2019 issue.

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NREI Wire

Forever 21 Officials Approached Landlords About Possible Purchase

The fast-fashion retailer has asked its biggest landlords if they would consider investing in it.

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White House Considers Capital Gains Tax Break That Would Benefit Wealthy

The White House would like to index capital gains to inflation.

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10 Must Reads for the CRE Industry Today

An exodus of Latin America investors caused Miami's high-end real estate market to dip, reports the Wall Street Journal. The New York Times looks at a growing list of New York skyscrapers undergoing renovations, and in some cases, change of use. These are among today's must reads from around the commercial real estate industry.

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