Search
 

How Trump's Tax Plan Will Impact Industrial Activity in 2018

Despite criticism over the new tax plan, Rene Ramos of Coldwell Banker Commercial says that it is good news for real estate investment.

By Kelsi Maree Borland | Updated on December 07, 2017

Rene Ramos Rene Ramos

Whether you are a fan or critic of the recently passed tax plan—which will likely be signed into law—it will likely impact the commercial real estate market. Despite criticism, Rene Ramos of Coldwell Banker Commercial says that it is good news for the commercial real estate market, and specifically for industrial product. Ramos is a firm proponent of trickle down economics, and believes the corporate tax cuts provided by the new plan will spur job growth, expansion and development of smaller industrial product, which is currently undersupplied.

“There is going to be a boom,” Ramos, a senior associate and industrial expert at Coldwell Banker Commercial, tells GlobeSt.com. “We are going 90 miles per hour, and this is going to make us go 110 miles per hour. A lot of real estate is held in LLCs, and now those companies are going to be able to keep more income.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.