(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.
"Right now it's a lot of noise," said moderator Jimmy Goodman of The Boulder Group. "Nobody knows what's going to happen." But he encouraged everyone in the room to contact their Congressional representatives. "It's all we can do. Doing nothing will not help."
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 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.
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.
