(L-R) Gino Sabatini of W.P. Carey, Glen D. Kunofsky of Marcus & Millichap, and Gordon Whiting of Angelo Gordon at the Globe St. Net Lease event. (Photo: Richard Binder/ALM)

The first panel discussion of the GlobeSt. Net Lease event wasted no time in addressing the elephant (or, more accurately with Democratic control over the legislative and executive branch, the donkey) in the room: The potential elimination of the 1031 exchanges by the Biden administration.

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Richard Binder

Richard Binder, based in New York, is part of the social media team at ALM. He is also a 2014 recipient of the ASPBE Award for Excellence in the Humorous/Fun Department.