- Natural Disasters, Human Response
The frequency of and costs related to natural disasters — including wildfires, hurricanes, tornados, and droughts — are increasing at an alarming rate in recent years. Housing, retail and office space, warehouse facilities — all of these contribute to a coordinated response and rebuilding effort.
- Preparing for the Storm
Last year, the United States incurred $91 billion in costs from weather- and climate-related disasters, making it the fourth most expensive year since 1980, with the top three years all occurring in the past decade. Government action on infrastructure development and energy efficiency can help the industry prepare for an uncertain future.
- Opportunity Zones VS 1031 Exchanges
While the tax benefits of 1031 exchanges in commercial real estate are well-known to most, the new qualified opportunity zone program now offers another approach to deferring or eliminating taxable gain.