The new year began with the most extensive revision of the U.S. tax code since 1986. While questions remain, its potential impact on the commercial real estate industry appears neutral-to-positive.
As a result, 2018 is shaping up to be an “unusually good late-cycle year for the commercial real estate industry,” says Spencer Levy, CBRE Head of Americas Research and Senior Economic Advisor.
Levy spoke with Blueprint, Presented by CBRE to discuss why the tax law and post-hurricane spending in afflicted markets like Houston and Florida are a few of the reasons for renewed optimism in 2018.
To read the full interview, please click here.