Posted on March 22, 2019
The House Ways and Means Committee will hold a hearing on Wednesday to discuss what the committee calls: “Our Nation’s Crumbling Infrastructure and the Need for Immediate Action.” The committee handles federal spending matters and is chaired by Rep. Richard Neal (D-MA).
Posted on March 22, 2019
NAIOP North Carolina, comprised of NAIOP Charlotte, NAIOP Piedmont Triad, and NAIOP Raleigh Durham, held its annual statewide conference March 21-22, 2019 at the Pinehurst Resort, where over 240 real estate professionals were in attendance. At the conference, NAIOP NC announced the 2019 Award Winners, recognizing projects that positively influence our community and industry.
Posted on March 20, 2019
By Dr. Hany Guirguis and Dr. Joshua Harris
Posted on March 4, 2019
The NAIOP Research Foundation has published the NAIOP Industrial Space Demand Forecast for Q1 2019.
Posted on February 26, 2019
The Charlotte Planning Department late last week released a revised draft of its proposed Transit-Oriented Development (TOD) Ordinance, ahead of a March 18th public hearing.
Posted on February 20, 2019
The NAIOP Research Foundation has published the Economic Impacts of Commercial Real Estate report.
Combining the economic contributions of new development with the economic contributions from operation of existing buildings, the following economic contributions were made:
Posted on February 19, 2019
With a Friday deadline looming, lawmakers in Congress say they have reached a deal on a spending bill that would keep the government open for the rest of the fiscal year. Without an agreement, funding for about a quarter of the federal government would run out on Feb. 15.
Posted on February 15, 2019
NAIOP and Prologis are partnering to provide a program scholarship to up to 10 individuals, helping prepare a pipeline of women and minorities for development and operations positions in commercial real estate.
Posted on February 14, 2019
Members of the Charlotte Chapter of NAIOP traveled to Washington, D.C., last week to meet with members of Congress about issues critical to North Carolina’s commercial real estate industry. The Capitol Hill visits were part of NAIOP’s annual Chapter Leadership and Legislative Retreat, and gave Charlotte developers a chance to advocate on a range of topics, including:
Posted on February 13, 2019
State legislation passed last month at the conclusion of the 2018 session of the General Assembly means redevelopment sites in Charlotte are no longer required to include on-site stormwater controls if no additional impervious surface is created. A provision in SB 469, a Technical Corrections bill initially vetoed by Governor Cooper but ratified through a legislative override, specifically mandates the change to local stormwater ordinances, regardless of where a local government obtains its regulatory authority.
Posted on February 12, 2019
The Charlotte planning department has postponed a public hearing for its new Transit-Oriented Development (TOD) zoning ordinance from February 25th to March 18th, as it revises the proposal to incorporate feedback from REBIC and other stakeholder groups.
Posted on February 7, 2019
NAIOP Center for Education offers on-demand courses that fit into your busy schedule.
Posted on February 4, 2019
The NAIOP and Prologis Inclusion in CRE Scholarship will be awarded to up to 10 individuals, helping to prepare a pipeline of women and minority leaders for careers in commercial real estate.
Posted on January 30, 2019
By Richard Sarkis
Posted on January 29, 2019
We are proud to introduce our new association members! The following is a list of individuals who have joined NAIOP Charlotte since October 23, 2018:
Posted on January 21, 2019
Posted on January 18, 2019
Are you interested in going beyond local NAIOP relationships by networking with other executives in your industry segment from across North America? Members of NAIOP's National Forums meet in select groups twice annually and connect online year-round. Learn more about the program and submit your application today.
Posted on January 17, 2019
The new Congress in Washington, D.C., features plenty of new faces, with Democrats controlling the House of Representatives for the first time since 2010. But the new class will be dealing with some old problems as 2019 begins.
Most of the government was funded before the start of the 2019 fiscal year, which began in October. Yet 25 percent of the federal government remains shut down after lawmakers and President Donald Trump couldn’t agree on a spending deal. Trump insists he wants $5 billion to fund a wall along the Mexican border, which Democrat lawmakers are refusing. The president says the shutdown could last for “months or even years.”
Also, the lame duck Congress failed to address some technical mistakes it made when writing the 2017 Tax Cuts and Jobs Act. For example, when they were writing the bill, lawmakers wanted to allow real estate businesses to depreciate Qualified Improvement Property (usually expenditures associated with interior tenant improvements) over a time span of 15 years. Instead, because of a drafting error, the law as written imposes a 39-year depreciation schedule.
NAIOP is part of a coalition encouraging the administration and lawmakers to fix that mistake. Congressional lawmakers in both parties acknowledge the mistake and want it fixed. Before the outgoing Congress wrapped up, former House Ways and Means Committee chairman Kevin Brady released a draft reform bill for discussion. The new chair of the committee, Richie Neal (D-MA), says he wants to hold hearings to discuss the tax law. But making any technical corrections will require passing a new law, and it isn’t clear when that might happen.
