Now that the Presidential results are…final?—CRE attention has turned to the Senate, where the majority for the next cycle will be determined by run-off elections in Georgia. George Smith Partners’ hosted a virtual conversation with Jay Rollins, co-founder at JCR Capital, and discussed the implications of the election for the commercial real estate industry. According to Rollins, the future hangs on the outcome of the two run-off races in Georgia.

“The base case assumption of a Biden Presidency and a Republic Senate for the commercial real estate industry could be the best outcome that we could have hoped for. If the Senate is controlled by Republicans, it could give Biden a lot of cover, and this could be a good thing for Biden because there will be a lot less pressure from the far left to get things done,” Rollins said in the conversation, which was hosted by George Smith Partners’ principal and co-founder Bryan Shaffer. “With a one-seat advantage, Mitch McConnell will control what goes to the floor.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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