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Boston's Real Estate Industry Sees Greater Predictability Under President-Elect Biden

Many believe Boston’s commercial real estate industry will recover more quickly than previously expected

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David Begelfer, principal of CRE Strategic Advisors, says the local commercial real estate industry is “fairly optimistic” about the projected Biden/Harris administration.

“The likelihood of another stimulus bill, a clear and rational Covid response, and a long-overdue infrastructure bill will all bring investment and predictability to the markets.

The likelihood of a tax increase and the loss of the carried interest deduction is "small,” said Begelfer, who is also the former CEO of NAIOP Massachusetts.

Read more at the Boston Business Journal.

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