The so-called 1031 like-kind exchange rule was created a century ago to aid family farmers. It has evolved into a beloved tool of property moguls, Fortune 500 companies and real estate trusts that can use it to create a daisy-chain of tax avoidance.
Nareit's Abby McCarthy reviews highlights of some of the organization's research into how investors incorporate REITs into their portfolios.
With pandemic-related restrictions being rolled back, the GSEs remain very active in multifamily lending, especially on affordable housing.
PACE programs are now operating in nearly half the states in the U.S. and only 14 have not passed legislation enabling the financing structure.
In spite of some hiccups last year, the outlook for both leasing and investment in the sector is as strong as ever.
