Winstanley Sells Fall River Retail Property for $13M
A Stop & Shop Supermarket-occupied retail plaza in Fall River was sold to a company that specializes in tax-advantaged 1031 exchanges.
State-Leased Office Building Attracts 1031 Buyer
A state-leased office building completed in 2020 in Burlington traded for $14.3 million as part of a 1031 exchange.
Want Job Creation and Increased Wages? Preserve Like-Kind Exchanges
Unfortunately, there is a real fear that like-kind exchanges, or so-called “1031 exchanges,” will be diluted or outright eliminated in an effort to offset historic spending plans that are being circulated by Congress and the administration.
Biden Should Pocket These Tax Ideas
Over the next few months, the White House is likely to propose two major tax changes that could impact the housing sector. These two ideas, however, should be chucked in the circular file.
Mass. CRE Donors Leans Toward Biden
Donors in Massachusetts commercial real estate and development are giving a slight edge to Sen. Joe Biden in the presidential race based upon 2020 campaign contribution activity.
