chi-mexicantruck (2) The Trump tax plan announced on April 26 excludes the proposed 20% Border Adjustment Tax, so a major threat to retail sales is currently not expected to be enacted.

CHICAGO—As reported yesterday in, the coming to power of Donald Trump has left the commercial real estate world at times hopeful, and at other times worried. But at this point, it’s not yet clear which direction the administration will take, and the potential impacts vary greatly for different real estate sectors.

Currently, the legislative proposals from the administration seem stuck, Jacques Gordon, global head of research and strategy at Chicago-based LaSalle Investment Management, tells This is most obvious with the proposal to repeal the Affordable Care Act, a concern to the many institutional investors now involved in the healthcare sector.

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 All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

More from this author


Join GlobeSt

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

  • Free unlimited access to'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 and

Already have an account? Sign In Now
Join GlobeSt

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