While 1031 exchanges are a potential problem with the Biden administration and a Democratic Senate and House of Representatives, some potential policies could make net lease investors happy over the next couple of years.
Randy Blankstein, president of The Boulder Group, is optimistic about the Opportunity Zone program.
"Opportunity Zones will probably expand in the Biden administration," Blankstein says. "The areas of net lease that focus on lower-income areas will expand under a Biden administration. So perhaps people will be targeting those areas, especially properties in Opportunity Zones."
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
