LAS VEGAS—Marc Imrem, managing director of net lease and sale/leasebacks for Transwestern, doesn't mince words when it comes to potential limitations or the complete repeal of 1031 like-kind exchanges currently being made at the Federal level. He says it will do nothing short of stopping deal flow. And even though that would never be a good thing, it would come at a time when the industry is just beginning to feel its strength.
In this exclusive video interview during RECon 2015, Imrem notes how the Feds might vote if they think short term as opposed to long term. And he speaks out as well about:
- The impact of a rise in interest rates;
- The resultant impact on cap rates; and
- How much that really matters.
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
