Multi-Housing News – Does Multifamily Benefit from the $2T Federal Infrastructure Plan?

Posted on April 14, 2021

Multi-Housing News – Does Multifamily Benefit from the $2T Federal Infrastructure Plan?Multi-Housing News recently worked on a piece regarding President Biden’s wide-ranging proposals and their potential impact on the industry. The piece included commentary from Andre Soroudi, Director of Acquisitions/Development of CGI+. Regarding Biden’s earlier proposal to take away the 1031 exchange, Andre says, “Transaction volume would drop. It would really alter the industry. “We work with a lot of private investors that want a 1031.”

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