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Peter Muoio Muoio: “Uncertainty around tax-reform-related policy undeniably weighed on deal volume late last year, but the legislation that eventually passed is expected to be beneficial to the real estate industry.”

IRVINE, CA—Deal activity may have been slowed by the looming specter of tax reform, which prompted investors to delay transaction closings until the new, advantageous legislation took effect in 2018, according to Ten-X Commercial. The firm’s latest Commercial Real Estate Volume & Pricing Trends report shows that CRE transaction volume declined to $117.4 billion in Q4; according to Real Capital Analytics, this amount represents a 0.5% decline from the prior quarter.

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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