Original Southeast commercial real estate news & events for Atlanta, Carolinas, Memphis, Miami, Nashville, Orlando and Washington D.C. metro area; plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
The number of EB-5 visas issued annually to Latin Americans looks likely to surpass 2,000 within the next three years -- double the total in 2018, according to Julian Montero, a lawyer at Saul Ewing Arnstein & Lehr.
“As an industry, if certain core infrastructure is put in place, seniors housing will have a very bright and fulfilling future,” says Robb Chapin, Bridge Investment Group.
Qualified Opportunity Zones were created as a provision of the Tax Cuts and Jobs Act of 2017 (the act). They were designed to encourage investment and real estate development in distressed communities, by offering significant income tax savings and deferrals for investment in such areas.
A Centennial Bank duo issued a $9.6 million loan for the renovations of the former Greenbrier Hotel that will open this summer as the Palihouse Miami Beach.
"If I was a mayor, I would offer compelling tax incentives to retail center owners/developers if they transform their unoccupied retail space into affordable housing—use your unoccupied space to satisfy a social need."