Donald Trump

WASHINGTON, DC–A few weeks ago President Donald Trump told lawmakers he had changed his mind about the structure of his $1 trillion infrastructure investment plan. Previously the plan was contingent on private sector participation; now, President Trump reportedly said, he didn’t want to take that route. The reason? As we discussed in part 1 of this article: Certain partnerships between the private sector and federal government just don’t work.

A survey of experts in this area reveals that the president was right — at least when the federal government is taking the lead in the project. The best structures, it is widely thought, are when the state or local jurisdiction are heading the 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.

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