(L-R) Gino Sabatini of W.P. Carey, Glen D. Kunofsky of Marcus & Millichap, and Gordon Whiting of Angelo Gordon at the Globe St. Net Lease event. (Photo: Richard Binder/ALM)

The first panel discussion of the GlobeSt. Net Lease event wasted no time in addressing the elephant (or, more accurately with Democratic control over the legislative and executive branch, the donkey) in the room: The potential elimination of the 1031 exchanges by the Biden administration.

“Right now it’s a lot of noise,” said moderator Jimmy Goodman of The Boulder Group. “Nobody knows what’s going to happen.” But he encouraged everyone in the room to contact their Congressional representatives. “It’s all we can do. Doing nothing will not help.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Richard Binder

Richard Binder, based in New York, is part of the social media team at ALM. He is also a 2014 recipient of the ASPBE Award for Excellence in the Humorous/Fun Department.

More from this author


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.