What I'm Reading Wild West: The non-fungible token (NFT) trend is coming to commercial real estate as platforms look to tokenize assets via blockchain technology in order to provide more flexibility to investors. This segment of the market is fascinating to me but there a ton of potential major pitfalls. ...
January 21st – Misplaced Priorities
One Big Thing President Joe Biden comes into office with a housing plan that includes a $15,000 first-time homebuyer tax credit. IMO, encouraging first time homebuying is a worthy goal but doesn't really solve our current problem - not enough houses are getting built to satisfy existing demand, which would...
January 20th – Coming Into Focus
What I'm Reading Coming Into Focus: With COVID-19's resurgence, the early days of the Biden Administration will likely have a heavy focus on health and economic stabilization with an emphasis on infrastructure as well. As a result, it is less likely that proposals to narrow or eliminate 1031 exchanges will...