The Capitol

WASHINGTON, DC–The House of Representatives will be voting on a bill this week that includes revisions to Basel III’s High Volatility Acquisition, Development and Construction (HVCRE) financial requirements. The name of the measure is the Economic Growth, Regulatory Relief, and Consumer Protection Act (S.2155), which passed in the Senate in March.

The CRE Finance Council for one, predicts that S. 2155 will pass the House and become law.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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