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Analysis of South Florida CRE Foreclosures in 2024
- godreo
- June 7, 2024
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The financier of a $7.2 million loan on a three-story office building in Lauderdale Lakes was tired of waiting to get paid. His borrower stopped making debt service payments two months after taking out the loan last spring, according to court filings. In May, the lender sued to foreclose on the note. Meanwhile, over at […]
Wayne County debates use of $91M surplus: Tax reduction on the way?
- godreo
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Wayne County debates use of $91M surplus: Tax reduction on the way? Wayne County
Renewable Energy Could Get a Boost From the Sale of Tax Credits
- godreo
- July 11, 2024
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The Inflation Reduction Act of 2022 offers tax credits for renewable energy projects. But, these credits are less appealing to REITs due to their low tax burden. A recent development allows REITs to sell these credits to third parties, potentially increasing their effectiveness and boosting investment in renewable energy, especially in underserved areas.