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NAIOP Statement on PATH Act's Importance to Commercial Real Estate

Washington, DC – December 18, 2015 – (RealEstateRama) — Thomas J. Bisacquino, President and CEO of NAIOP, the Commercial Real Estate Development Association, issued the following statement on the House of Representative’s passage of Protecting Americans from Tax Hikes (PATH) Act of 2015: Today, the House of Representatives passed strong, pro-growth tax legislation that is significant to commercial real estate. The legislation makes permanent a tax provision that is critical to providing consistency and simplicity for commercial real estate developers, owners and investors: 15-year qualified leasehold improvement depreciation. Read the entire RealEstateRama Article http://bit.ly/1Pt7MgM

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