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The Official Blog for Commercial Real Estate

Tag: Donald Trump

Capitol building

119th Congress Brings Major Policy Changes to Washington, In Spite of Modest Legislative Accomplishments

  • December 3, 2025
Lawmakers will soon head home for the holiday season. This is a good opportunity to look back on the 119th Congress and see how, despite narrow majorities and other obstacles, Republicans in Washington and President Donald Trump have still managed to put their stamp on federal policy. Their legacy is likely to influence Washington politics for the next generation.
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Capitol building

As Parties Jockey for Leverage, Government Shutdown Approaches

  • September 17, 2025
With Congress set to recess next week for Rosh Hashanah, less than four legislative days remain this month for Congress to agree on a stop-gap funding measure needed to avert a government shutdown on Sept. 30. But with both parties still jockeying for political advantage, a federal government shutdown – if only short-term – seems all but inevitable.  
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Federal legislation

Inside Washington: Tax Reform, Incentives and the 2026 Political Landscape

  • September 9, 2025
At CRE Converge in Toronto, NAIOP’s Senior Director of Federal Affairs Eric Schmutz dove into the latest federal legislation impacting the commercial real estate industry. The session centered on a major win for the commercial real estate industry: the One Big Beautiful Bill Act signed this summer. The legislation makes several important provisions permanent while introducing new incentives designed to support investment, development and economic growth.
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Global economy and impact of tariffs

The Messy Middle: Scenario Planning and Strategy in a Shifting Real Estate Market

  • September 4, 2025
On the NAIOP Inside CRE podcast last week, Carey Heyman, managing principal for the real estate industry at CLA, covered key provisions of OB3A (CLA’s internal shorthand for the “One Big Beautiful Bill Act”) for commercial real estate and shared strategies for balancing tax advantages with the continued uncertainty around tariffs.
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Warehouse construction

From Slowdown to Shovel-ready: Recent Tax Bill a Catalyst for U.S. Industrial Growth

  • August 19, 2025
The recent passage of the One Big Beautiful Bill Act of 2025 introduced new provisions allowing 100% rapid depreciation not only of equipment, but also of production and manufacturing facilities. This is a notable expansion beyond the 2017 Tax Cuts and Jobs Act, which limited this benefit to equipment alone. By broadening the scope of eligible assets, the legislation aims to catalyze domestic production, reshape supply chain dynamics, and significantly reduce effective corporate tax rates. As a result, it is expected to spark a wave of industrial development across the country.
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Capitol Hill

From Deductions to Depreciation: Real Estate Tax Impacts of the One Big Beautiful Bill Act

  • July 16, 2025
On July 4, 2025, President Donald Trump signed into law the One Big Beautiful Bill Act (OBBBA). Read a summary of the provisions that impact the commercial real estate industry as well as commentary on some issues that NAIOP's government affairs team overcame in the process by David Sobochan, Market Leader, Real Estate and Construction Partner for Cohen & Co, who is a member of NAIOP’s national Tax & Finance Government Affairs advisory committee.
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State Governments Face Budget Uncertainties

  • June 18, 2025
State governments are required to maintain balanced budgets that ensure revenues equal expenditures. Any budgetary shortfall requires lawmakers to make calculated decisions to either reduce government services or generate additional revenue through tax and fee increases. There is growing uncertainty within the states of projected state revenues as President Donald Trump and Congress attempt to restructure federal support for state services and programs. The revenue concerns in the states are furthered by economic growth questions, inflation and the conclusion of the one-time pandemic relief funding from the federal government.
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Gina Raimondo

Betting on American Competitiveness in a Shifting Global Economy

  • June 9, 2025
At NAIOP’s I.CON East conference last week in New Jersey, former U.S. Secretary of Commerce Gina Raimondo delivered a candid assessment of the U.S. economy: strong at its core but held back by what she called “self-inflicted wounds.” Despite global leadership in innovation and artificial intelligence, and a resilient tech sector, she warned that uncertainty, policy inconsistency, and trade disruptions are clouding near-term growth.
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