Lawmakers dropped many proposals from Build Back Better that could have been detrimental to commercial real estate investors, but the industry remains on guard:
“I’ve been looking at how much lawmakers have taken out versus what was left in, and I don’t see how they are going to pay for it,” said Marc Wieder, a partner & co-leader of Anchin accounting firm’s real estate group in New York. “So, I personally foresee that either the bill is not going to pass or that we could see something possibly creep back in.”
Read the original article from Commercial Search.