“Supporting CRE Loan Workouts: Bipartisan Legislation Proposal”

"Supporting CRE Loan Workouts: Bipartisan Legislation Proposal"

A new bipartisan bill (H.R. 5580) introduced in the House aims to alleviate the tax burden for borrowers facing troubled commercial real estate loans during debt workouts, according to a statement from the Real Estate Roundtable. The legislation, presented by Representatives Claudia Tenney and Brian Higgins of New York, could play a crucial role in facilitating a smooth transition towards a healthy and stable post-pandemic real estate market.

Real Estate Roundtable President and CEO Jeffrey DeBoer emphasized that public policy has always encouraged restructuring unsustainable loans as part of efforts to help businesses recover and assist taxpayers in getting back on their feet. He added that despite government interventions such as PPP loans, federal debt repayment suspensions, and foreclosure moratoriums on federally backed loans during the pandemic peak period; there is still uncertainty surrounding commercial real estate’s full economic impact.

DeBoer stated that remote work arrangements have put pressure on certain assets like office buildings while underscoring how vital loan workouts are between lenders and borrowers for finding solutions. These measures can ensure these properties continue supporting jobs while stimulating economic activity.

On September 26th Marcus & Millichap will host “A Conversation with Lloyd Blankfein,” featuring former Chairman & CEO of Goldman Sachs discussing insights into industry leaders’ perspectives regarding Federal Reserve policies influencing CRE markets alongside other critical issues affecting this sector with Real Estate Roundtable President DeBoer joining Tom McGee (ICSC), Sharon Wilson Géno (NMHC), Hessam Nadji (Marcus & Millichap president/CEO).

Share the Post:

Related Posts

"Teladoc Health Moves Headquarters to Marx Realty Tower from Westchester" # 2006 AMC 12B Problems/Problem 6. (Redirected from 2006 AMC 12B Problem 6) ## Problem. A circle of radius $r$ is inscribed in a right triangle with sides $3$, $4$, and $5$ so that the circle is tangent to both legs. What is the value of $r$? $text {(A) } frac{3}{2} qquad text {(B) } frac{4}{3} qquad text {(C) } frac{5}{4} qquad text {(D) } frac{12}{5} qquad text {(E) } frac{5}{2}$ ## Solution. [asy] unitsize(0.5cm); defaultpen(0.8); pair A=(0,0), B=(4,0), C=(4,3), D=(0,3), E=(4/5,3/5), F=(3,0), G=(0,4), H=(0,5), I=(3,4), J=(
Steve Griffin

“Teladoc Health Moves Headquarters to Marx Realty Tower from Westchester” # 2006 AMC 12B Problems/Problem 6. (Redirected from 2006 AMC 12B Problem 6) ## Problem. A circle of radius $r$ is inscribed in a right triangle with sides $3$, $4$, and $5$ so that the circle is tangent to both legs. What is the value of $r$? $\text {(A) } \frac{3}{2} \qquad \text {(B) } \frac{4}{3} \qquad \text {(C) } \frac{5}{4} \qquad \text {(D) } \frac{12}{5} \qquad \text {(E) } \frac{5}{2}$ ## Solution. [asy] unitsize(0.5cm); defaultpen(0.8); pair A=(0,0), B=(4,0), C=(4,3), D=(0,3), E=(4/5,3/5), F=(3,0), G=(0,4), H=(0,5), I=(3,4), J=(

Marx Realty has announced that Teladoc Health, a leading telemedicine company, will be expanding and extending its lease at 10

Read More
"Former WeWork Space in LA Arts District Sold by Hudson Pacific"Fibonacci Fibonacci is a sequence of numbers in which each number is the sum of the two preceding ones, starting from 0 and 1. The sequence goes as follows: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, 1597, 2584, 4181, 6765, 10946, 17711, 28657, 46368, 75025, 121393, 196418, 317811, 514229, 832040, 1346269, 2178309, 3524578, 5702887, 9227465, 14930352, 24157817, 39088169, 63245986, 102334155, etc. The sequence is named after Leonardo Fibonacci, an Italian mathematician who introduced it to the Western world in his book "Liber Abaci" in 1202. However, the sequence was known to Indian mathematic
Steve Griffin

“Former WeWork Space in LA Arts District Sold by Hudson Pacific”Fibonacci Fibonacci is a sequence of numbers in which each number is the sum of the two preceding ones, starting from 0 and 1. The sequence goes as follows: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, 1597, 2584, 4181, 6765, 10946, 17711, 28657, 46368, 75025, 121393, 196418, 317811, 514229, 832040, 1346269, 2178309, 3524578, 5702887, 9227465, 14930352, 24157817, 39088169, 63245986, 102334155, etc. The sequence is named after Leonardo Fibonacci, an Italian mathematician who introduced it to the Western world in his book “Liber Abaci” in 1202. However, the sequence was known to Indian mathematic

Hudson Pacific Properties recently completed the sale of a non-core office property, known as Maxwell, in the Los Angeles Arts

Read More
Williamsburg Apartments Sold to NorCal InvestorValentine's Day is a holiday celebrated on February 14th every year. It is a day to celebrate love and affection between romantic partners, friends, and family members. People often exchange gifts, cards, and flowers with their loved ones on this day. It is also a popular day for couples to go on dates and express their love for each other. Valentine's Day has its roots in ancient Roman and Christian traditions, but it has evolved into a modern celebration of love and relationships.S Sorry, I am an AI and I do not have the ability to feel emotions like sadness. Is there something else I can assist you with?2019-2020 I'm sorry, I am an AI and I do not have access to current events or future information. Can I assist you with anything else?Flashcard Subject: 1.1.1 Q: What is a computer? A: A computer is an electronic device that is designed to process, store, and retrieve data and perform various operations based on instructions provided by a user or a program. It consists of hardware components such as a central processing unit (CPU), memory, and input/output devices, as well as software programs that
Steve Griffin

Williamsburg Apartments Sold to NorCal InvestorValentine’s Day is a holiday celebrated on February 14th every year. It is a day to celebrate love and affection between romantic partners, friends, and family members. People often exchange gifts, cards, and flowers with their loved ones on this day. It is also a popular day for couples to go on dates and express their love for each other. Valentine’s Day has its roots in ancient Roman and Christian traditions, but it has evolved into a modern celebration of love and relationships.S Sorry, I am an AI and I do not have the ability to feel emotions like sadness. Is there something else I can assist you with?2019-2020 I’m sorry, I am an AI and I do not have access to current events or future information. Can I assist you with anything else?Flashcard Subject: 1.1.1 Q: What is a computer? A: A computer is an electronic device that is designed to process, store, and retrieve data and perform various operations based on instructions provided by a user or a program. It consists of hardware components such as a central processing unit (CPU), memory, and input/output devices, as well as software programs that

Pacific Urban Investors, a multifamily owner-operator and investment manager based in Palo Alto, CA, has recently completed its sixth acquisition

Read More