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Hotel Redevelopment News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Shareholders Vote to Keep Whitestone REIT Board, Stymying Proxy Battle

Shareholders Vote to Keep Whitestone REIT Board, Stymying Proxy Battle
commercialobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from commercialobserver.com Daily Mail and Mail on Sunday newspapers.

Twain Financial to Begin $76 5M Hotel Redevelopment in Alexandria, Virginia

Twain Financial to Begin $76 5M Hotel Redevelopment in Alexandria, Virginia
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Detailed text transcripts for TV channel - MSNBC - 20181212:14:42:00

of an opportunity zone. but here s what i want you to pay attention to. this development, he started it several years ago. he s not incentivized now to go to this area and possibly invest, he made the decision several years ago. but because the project s not done and they re still investing, he s going to get massive tax benefits. that s called a windfall. because he wasn t incentivized to go there, he was already doing it. so now he s getting hooked up. another opportunity zone in greenville, mississippi. this is home to a trump organization project. plans were already underway for a hotel redevelopment, but work has not yet begun and any new projects in the area could be eligible for these tax breaks. so that is the trump organization. now, they also run a golf course in new jersey that, you guessed it, falls within an opportunity zone. with the right maneuvering, this existing property, that means they could reinvest, do some upgrades, it could benefit from these big old tax breaks.

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