Investors are eyeing the tax advantages of investing in Target Opportunity Zones, a new vehicle established under the Tax Cuts and Jobs Act of 2017. The law allows taxpayers to defer capital gains taxes on profits from the sale of any property until 2026 and reduce that tax payment by up to 15%, among other provisions. Opportunity Zones have the potential to open up a sizable new sector within the real estate investment market. The program encourages investment
Each year, PwC and the Urban Land Institute survey investors, developers, property companies, lenders, brokers and consultants to get a forecast on real estate, development and capital markets for the year ahead. Emerging Trends in Real Estate® is now in its 40th year of publication with the 2019 report. We’re pleased to see a positive outlook for the South Atlantic region, with investment opportunities expected to remain strong in markets like Raleigh/Durham, Charlotte and Atlanta.
The law firm of Morris, Russell, Eagle & Worley, PLLC, announces its rebranding to become Longleaf Law Partners. The new brand reflects the firm’s expertise in legal services for commercial real estate transactions and its mindset toward client service. “Our firm has evolved over the past decade, and we wanted our brand to reflect who we are today,” said managing partner James McCaskill. “We have top-tier attorneys who chose to leave large, multi-specialty firms to