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The Official Blog for Commercial Real Estate

Tag: Section 1031

Capitol Hill visit

NAIOP Chapters Are Champions for CRE

Last week, hundreds of NAIOP members from the U.S. and Canada attended NAIOP’s Chapter Leadership and Legislative Retreat (CL&LR) in Washington, D.C., with the conference culminating in countless meetings with their elected representatives to advocate on behalf of the commercial real estate industry.

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Capitol building

Steadfast Advocacy Remains Critical in a Difficult Congress

As 2023 comes to a close and we look ahead to the challenges facing commercial real estate in 2024, it is clear that persistent advocacy on the public policy front will be more important than ever to ensure that the interests of NAIOP members are protected. This is true of course at the state and local level, but it is at the federal level, where government gridlock has been most on display, that maintaining our strong advocacy will be critical.

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Capitol building

Major Tax Increases Proposed in Biden’s 2024 Budget

President Joe Biden submitted his proposed fiscal year 2024 federal budget to Congress on March 9. It contains numerous tax increases that repeatedly failed to clear the House of Representatives and Senate even when these chambers were controlled by Democrats. But the president’s budget submission makes sense if you acknowledge that its primary purpose is as a political messaging document, meant to provide a contrast between his administration and Republicans in advance of the 2024 presidential election.

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Capitol building - blue sky

Return to the Hill: CL&LR 2023

In less than two weeks, NAIOP members and chapter local executives will be headed to Capitol Hill to meet with their elected representatives, senators and congressional staff. In so doing, they will be taking the opportunity to establish relationships with newly elected members of Congress; renew and deepen existing ties with incumbents; and talk to their elected officials about issues important to the commercial real estate industry.

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