Saxum announces new $100 million fund for Opportunity Zones

Development and investment firm Saxum Real Estate has launched a $100 million fund dedicated to projects in newly created federal Opportunity Zones, as it prepares for the program’s highly anticipated rollout later this year.

For apartment sector, uncertainty in Washington threatens policy priorities

Despite the benefits of last year’s federal tax reform, the apartment sector is grappling with uncertainty and unpredictability in Washington, D.C., raising questions about the future of affordable housing and other high-stakes policy issues. That was one key message from experts who gathered recently during the New Jersey Apartment Association’s annual conference and expo, which drew a registered crowd of more than 1,600 to the Atlantic City Convention Center.

The truth about tax reform: A deeper look at the impact on commercial real estate

By Joshua Burd For all the buzz and political rhetoric surrounding federal tax reform, Jeff Otteau points to a consequence of one key change that has largely flown under the radar. For decades, homeowners have been better equipped to reduce…

Continued strength for multifamily

The tax reform package is widely seen as a boost to the already thriving apartment sector. At the very least, experts say the changes could delay an existing renter’s decision to transition to homeownership, although many stopped short of saying that it would have dire effects on the for-sale market.

Commercial landlords hope for continued growth

Experts believe the reforms will spur additional growth during an expansion that will soon be the second-longest in U.S. history, thanks in part to a sweeping cut to the corporate tax rate from 35 to 21 percent. That bodes well for New Jersey’s office and industrial landlords.