GlobeSt.com: Using NMTC has always been complicated, correct?
Propst: Yes, that is certainly true. But the real problem today is that any kind of gap funding – and that is what a NMTC basically provides – has become very difficult in this environment.
GlobeSt.com: Can you walk me through a typical transaction?
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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.
