Tag: Trump administration

Tax legislation

The Latest Target on CRE:  The Business/Corporate State and Local Tax Deduction

  • March 19, 2025
Whether at the local, state or federal level, the commercial real estate industry is accustomed to being targeted for tax increases. As the saying goes, “commercial real estate doesn’t vote.” It should not be a surprise to anyone, then, that we are an attractive  place for politicians to look to when they are seeking more money to address a problem. The latest example of this is at the federal level, where members of congressional tax-writing committees are seriously considering eliminating or capping the current tax deduction for state and local taxes paid by businesses.
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Capitol Hill

Presidential Campaign Promises Lead to a Busy First 100 Days

  • March 5, 2025
It is normal for the first 100 days of a new administration to create a lot of activity in Washington, but the first six weeks of President Donald Trump’s administration are proving to be busier than normal – and with looming deadlines ahead, things do not appear to be slowing down.
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Scott Jennings

Scott Jennings on Political and Policy Trends in the New Administration

  • February 20, 2025
A new year always generates a flurry of activity on Capitol Hill, and a new presidential administration amplifies the flurry into a whirlwind of new policies, initiatives, personnel and more. During NAIOP’s Chapter Leadership and Legislative Retreat (CL&LR) earlier this month in Washington, D.C., members had the opportunity to hear from Scott Jennings, who has extensive experience as both a presidential advisor and political analyst.
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2025 outlook for CRE

CRE Leaders: What’s on Our Minds for 2025

  • February 10, 2025
Mark Zandi, chief economist at Moody's Analytics, shared an overview of the macroeconomic environment and potential policies of the new administration on a recent webinar hosted by Marcus & Millichap. A panel discussion followed that included NAIOP President and CEO Marc Selvitelli.
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Capitol Hill

CL&LR Marks Important Week for NAIOP Federal Advocacy

  • February 5, 2025
This week will see scores of NAIOP members from the U.S. and Canada attend NAIOP’s Chapter Leadership and Legislative Retreat (CL&LR) in Washington, D.C., with U.S. members scheduling meetings with their senators and representatives to educate elected officials on the issues important to the commercial real estate industry. Our annual CL&LR is an important event and is the kickoff to what is certain to be a consequential year for commercial real estate in terms of federal legislation.
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Government building marble columns

2025 Legislative Expectations within State Capitols

  • January 15, 2025
State lawmakers have started to return to their respective state capitols to begin the lawmaking process following the 2024 election. While the election resulted in a few shifts of political control in some chambers between Republicans and Democrats, the “status quo” was essentially maintained according to the National Conference of State Legislatures. This would imply a more a predictable and business-as-usual session within state capitols on the issues with one exception: the return of President-elect Trump to Washington, D.C.
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2025 outlook

CRE Outlook for 2025: Cautiously Optimistic

  • January 6, 2025
The fortunes of the commercial real estate sector should be somewhere between status quo and modestly improved over the next year, with housing, industrial, data center and advanced manufacturing among the most dynamic asset classes, according to a cross-section of developers and investors who sit on NAIOP’s board of directors.
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Capitol Hill

2024 A Strong Year for NAIOP’s Federal Advocacy

  • December 18, 2024
Congress is expected to close out the year this week with an agreement to pass a continuing budget resolution that will avoid a government shutdown before Christmas. That will push the funding debate to at least March 2025, when NAIOP will again be advocating on behalf of its members in what will be the biggest tax reform fight of the last decade. But a strong year for advocacy in 2024 prepares us well for the future.
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