COVID-19 Response: Occupancy
by Mark Hefner
Over the last 10 days the COVID-19 pandemic has turned the world on its ear. In these uncertain times, we are helping our clients – companies and government institutions that use all types of commercial space across the county – create solutions to keep business moving forward while conserving cash and maintaining honest and fair relationships with the landlords who are essential to long term operations.
Fast Answers on Opportunity Zone Incentives
by Sanjay Agarwal
Last year’s Tax Cuts and Jobs Act, H.R. 1 (“the Act”) created a federal capital gains tax deferral program through the opportunity zone statute, which is designed to attract private, long-term investments in low-income and economically distressed communities. Over 8,700 communities designated as Qualified Opportunity Zones (QOZ), located across all 50 states, territories and Washington D.C, were nominated by local governments and confirmed by the Department of Treasury.