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MAY 18, 2019

Top Stories

Finance & Investment

Can Depreciation Explain the Magnitude of Trump’s Reported Losses?

Is the use of depreciation alone enough to account for that scale of reported losses? Tax experts NREI spoke with said that while it’s certainly technically possible—and legal—to use depreciation to account for those kinds of losses, it’s probably not the full explanation. However, without seeing the full returns from Trump from those years or the filings for any pass-through entities that may have owned the assets, it is impossible to know for sure.

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Retail

What to Expect at RECon 2019

At this year’s show, held May 19 to 22, hot topics will include the leasing needs of emerging retailers, changing consumer preferences, how new generations could impact future business decisions, and the rise of mixed-use components and food and beverage concepts in shopping centers.

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Industrial

Cannabis Real Estate Investors Are Attracted to Opportunity Zones to Shelter Capital Gains

Cannabis real estate projects and operations within Opportunity Zones are beginning to attract investors. Unlike liquor stores, country clubs, massage parlors and tanning salons, cannabis uses are not among business operations ineligible for QOZ tax benefits, according to James Mann, tax partner in the New York office of Greenspoon Marder LLP.

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Analysis

Multifamily

GSE Reform Might Really Happen, According to Multifamily Experts

Apartment trade associations have closely followed discussions in Congress about the form that potential reform might take. “There seems to be a lot of consensus,” says Ken Fears, senior policy representative on housing finance for the National Association of Realtors, a trade organization based in Washington, D.C.

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Development

Modular Construction Use Is ‘Booming’ in Commercial Building

The U.S. modular construction business has doubled in size to $8 billion over the last five years, according to the Modular Building Institute, a non-profit trade association serving modular construction. Of general contractors already using modular construction, 67 percent expect modular use to increase over the next three years, 24 percent expect demand to remain the same, and none expect it to decrease, according to the U.S. Chamber of Commerce Commercial Construction Index

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Commentary

Property Management

Top Three Risk Management Strategies for Commercial Property Investors

The failure to implement a reliable asset protection strategy could cost you to pay out hundreds of thousands of dollars for bodily injuries and property damages. Here are three vital items commercial property investors should consider when developing loss control prevention strategies.

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NREI Wire

Victoria’s Secret-ville: A Billionaire’s Dream of Middle America

Les Wexner, of Victoria’s Secret, has created his version of the American heartland in New Albany, Ohio.

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