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Now is a good time to invest in commercial real estate

April 29, 2019

Now is a good time to invest in real estate regardless of whether your goals are short or long-term, says Blake Rigby, managing director at Colliers International. Rigby says that there will be more money available to explore new ventures in 2019-2010 because of the 2018 tax cuts.

Tax rates for pass-through entities now top out at 37 percent compared to 39.6%. A new provision also allows property owners to write off the first 20 percent of their real-estate-related profits.

Rigby also says that retail is enjoying a comeback, with digital retailers such as Amazon opening small neighborhood warehouses and stores. Education is also continuing to expand its property footprint.

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