The Opportunity Zone program was signed into law as part of the 2017 Tax Cuts and Jobs Act with the goal of spurring investment in underserved communities – and it has certainly attracted investors’ interest. When reinvested in an OZ, capital gains may be eligible for […]
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Election year 2020 is beginning in uncertainty. The House of Representatives has impeached President Donald Trump, and the 100 members of the Senate will serve as the jurors in his impeachment trial. But it’s not clear when that trial will begin, or what format it will […]
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The headlines out of the nation’s capital these days mostly concern impeachment as the House of Representatives races to try to complete that process before the end of the year. If the Democrat-controlled House approves any articles of impeachment against President Donald Trump, the proceedings would […]
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Some people say they do their best work under pressure. Hopefully, that’s true for lawmakers in Congress. After a long summer break, both Houses return to Washington next week. Lawmakers will be under pressure, because they’ve left themselves only 13 days when both Houses are in […]
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Big things often have the power to create their own environments. For example, Boeing built the largest factory building in the world in Everett, Washington, and it ended up generating its own weather system indoors. Likewise, California’s population and economy are so large that the state […]
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Markets love certainty. Big jumps or big dips may be great opportunities for day traders to make money, but they’re risky for those in commercial real estate development. This was the case with property taxes in California before 1978 as localities randomly, and in some instances […]
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The following piece was written by Jim Villa ahead of the NAIOP Wisconsin chapter’s annual Day at the Capitol in Madison. It first appeared in the Milwaukee BizTimes and is reprinted here with permission. On a national level, politicians can’t seem to hammer out a deal […]
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The year began with a quarter of the federal government shut down, with economists warning that economic growth is likely to slow, and with the stock market coming off a bad ending to 2018. But there’s also a positive development that commercial real estate practitioners may be able […]
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Policymakers in Washington often talk about using public-private partnerships to boost infrastructure spending and unlock value. Here in the Chicago area, local communities have actively and successfully implemented PPPs for years, largely in the form of Tax Increment Financing (TIF) districts. A new study just released […]
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Virtually everyone agrees that educating our children is the most important thing a society can do. Doing so requires money, of course. But it also requires that the money be spent effectively. That’s especially important here in Hawaii, where we have a unique system for funding […]
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