View the article from May 6, 2021 on CoStar.com
Scott Merkle spoke with Mark Heschmeyer at CoStar about the impact of potential federal tax changes on the 1031 exchange real estate market.
“I don’t think it would be prudent to hazard a guess as to what net-lease transaction volume would be without a 1031 market, but I do feel like it would be quite a meaningful impact.”
“The negative impact on the sale-leaseback market would be a reduction in the buyer pool. There would be a lot fewer high-net-worth and other individuals playing in these transactions.”