The economic slowdown from the COVID-19 pandemic initially raised concerns within states that general revenue collections would be lower than anticipated and, as a result, create shortfalls in maintaining a balanced budget. Although revenue collections from certain sectors of the economy, such as hospitality and tourism, were lower, overall revenue shortfalls from the pandemic did […]
There are many ways that developers can work to maximize confidentiality while working within the confines of states’ sunshine laws, though they may not be aware of some of the nuances and key considerations involved. In a recent NAIOP webinar, Rebecca “Elissa” Wilson, Of Counsel, Vorys; and Scott Ziance, Partner and National Economic Development Incentives […]
Several state legislatures this year have debated legislation that would change the rules and policies impacting commercial real estate. In California and North Carolina, effective advocacy by the NAIOP chapters has protected and advanced the interests of the industry at the state levels. Through the chapters’ engagement in the legislative process, state lawmakers have come to […]
Twice a year, at the annual Forums Symposium and again at CRE.Converge, NAIOP’s government affairs staff meets with a number of NAIOP’s National Forums for purposes of updating members on current issues in Congress, the status of our federal advocacy efforts, challenges faced by the industry on the state and local level, and on issues […]
NAIOP has had a solid start to the year, with strong membership engagement, successful conferences bringing together thousands of CRE leaders, and timely and valuable research recently published by the NAIOP Research Foundation. Although commercial real estate was not untouched by the pandemic, it was largely spared the unprecedented economic impact felt by other industries. […]
The transportation industry accounts for the highest percentage of total greenhouse gas (GHG) emissions in the United States according to the Environmental Protection Agency. This has resulted in greater demand and interest for electric vehicles and trucks (EV) in order to reduce these emissions. The U.S. Department of Energy recently reported that plug-in electric and […]
More than 400 members from the three NAIOP chapters in North Carolina traveled to the Pinehurst Resort last week for the NAIOP North Carolina State Conference. The all-day conference included a number of sessions related to the state of the industry, along with a general session that included legislative updates on issues at the federal, state […]
Most state governments have emerged from the pandemic-induced economic slowdown with budgetary surpluses because projected revenue losses did not occur. Losses in tax collections from certain sectors of the economy, such as restaurants, hospitality and entertainment, were offset by the collection of sales taxes from increased internet transactions, along with the $193.5 billion allocated to […]
