COSTA MESA, CA—“We have been in a good run, but what are we going to do in the next downturn? And will tax return extend the cycle?” That was the first question posed by moderator Thomas Farrell, director of business development at Landmark Capital Advisors, at the opening session at Crittenden's National Real Estate Conference Wednesday in Costa Mesa, CA.
“I was a big fan of tax reform and am a big believer…at least it fell my way,” said panelist William Shopoff, president and CEO of Shopoff Realty Investments LP. “I think it will add and is already adding some GDP lift.”
Overall, he said, “The tax reform is bullish and it is being very favorably received for our investors and for most people in the industry,” said Shopoff. “It is a positive for the REITs because now they have some tax preference on their distributions.”
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
