National | December 4, 2017

A bill introduced to Congress would require all federal agencies to bring their employees back to the office, an initiative supported by the Real Estate Roundtable

Uncertain Tax Policy Keeps Eyebrows Raised in CRE Circles

The Real Estate Roundtable’s Q4 Economic Sentiment Index reveals commercial real estate executives expect market fundamentals will hold strong throughout the year, despite tax policy uncertainty in Washington. The Roundtable’s Q4 2017 Sentiment Index registered at 53, a three-point increase from the last quarter.

The Roundtable’s Jeffrey DeBoer says, “As our Q4 Index shows, 2017 was a positive and productive year for our industry. Asset values are high, and debt and equity capital remain widely available. Respondents to our Q4 survey say they are in a ‘wait-and-see’ mode in terms of how tax policy may affect their market outlook beyond this quarter.”

Fundamentals continue to hold strong, yet the CRE industry appears to have entered a period of caution, primarily driven by concerns regarding cycle timing. The majority of those surveyed don’t expect current real estate market conditions to change materially in the near-term, but have a close eye on proposed tax reforms.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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