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Real Estate/Development

Aug. 3, 2010

Bill May Revive Real Estate

A Nevada lawmaker has introduced federal legislation that would provide short term tax incentives as a way to promote reinvestment in the sagging commercial real estate market.

By Jason W. Armstrong

Daily Journal Staff Writer

A Nevada lawmaker has introduced federal legislation that would provide short term tax incentives as a way to promote reinvestment in the sagging commercial real estate market.

The Community Recovery and Enhancement Act of 2010, introduced by Rep. Shelley Berkley, D-Nev., is geared at infusing new equity into underwater commercial projects. Investors, among other things, would ...

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