GlobeSt Best Practices

There's about to be a lame duck session of Congress. No one knows who will be in charge next. But that means some officials might try to push through some important measures.

The idea of tax credits for older office conversions into housing is smart. Hopefully, they'll remember it for the next session.

CRE players require a special skill set that is not easily achieved.

Two-thirds fail to file plans with state, jeopardizing access to housing, transportation grants.

"I always advise younger people to find a mentor early in their career, who will give honest feedback and support," says Marcy Moneypenny, Avison Young principal and managing director.

"My job is not necessarily about the details or even the specific outcomes, but to guide my team at Hill West to do great work," says David West, founding partner of Hill West Architects.

No matter the outcome of the election, CRE finance professionals should be prepared to advocate.

A new approach to defining independent contractors effectively tries to impose a rigid rule that caused havoc in California, and which could affect multiple parts of the CRE industry.