Stimulus Act - Impact on Commercial Real Estate
Timothy Martin, Geoffrey M. White and Erik C. Lattig - Frost Brown Todd
April 1, 2009
The American Recovery and Reinvestment Act of 2009 (the “Recovery Act”) offers multiple opportunities for property owners, developers and other stakeholders in the commercial real estate arena. This advisory briefly highlights some of those opportunities in affordable housing and green building provisions, with one specific change in the tax code regarding debt forgiveness that may greatly benefit many real estate developers during these challenging times.
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