Fairmont Planning 25-Story Downtown Phoenix Tower
Credit: Gensler/Fairmont Hotels & Resorts/Thunderbird Legacy Development) SHARE By Fairmont Hotels & Resorts Fairmont Hotels & Resorts – part of hospitality group Accor – together...
Fairmont Hotels & Resorts Coming to Downtown Phoenix
Fairmont Phoenix (Photo by Fairmont Hotels & Resorts) Fairmont Hotels & Resorts and Thunderbird Legacy Development have announced the signing of agreements for the development and management...
New Fairmont Hotel & Residences to Open in Downtown Phoenix
Fairmont Hotels and Resorts, together with Thunderbird Legacy Development, is expanding its brand of iconic luxury hotels to Downtown Phoenix. Scheduled to open in early 2025, the new Fairmont Hotel...
Case Study: 1031 To OZ Investment with Lawrence Jatsek
The Section 1031 exchange has been around for over 100 years. Much like Opportunity Zones, chaining together a series of 1031 exchanges can offer an incredible tax incentive for real estate...
Fairmont Hotel & Resorts Coming to Downtown Phoenix
On June 21, 2022 Fairmont Hotels & Resorts, part of world leading hospitality group Accor, together with Thunderbird Legacy Development, announced the signing of definitive agreements for the...
Block 23 Sets PSF Record for Multi-Tenant Office Trades
Block 23, a mixed-use live-work-play asset in the heart of downtown Phoenix, recently sold to City Office REIT Inc. for $150 million. The sale sets a new per square foot record in the city for...
Interest in opportunity zones peaks as higher rates loom
The real possibility of higher capital gains rates has fueled interest by investors in opportunity zone funds. While Code Section 1400Z, providing for the funds, was slipped into the Tax Cuts and...
Biden Targets a Tax Break That Helped Trump Build His Fortune
Biden Targets a Tax Break That Helped Trump Build His Fortune President Joe Biden is pushing to close a tax break that helped his predecessor amass a fortune. The Democrat has proposed narrowing a...
Biden Administration Debating How to Overhaul a Trump-Era Tax Break
Early evidence suggests that a Trump-era tax incentive has thus far mostly fueled real estate development in areas like parts of Brooklyn that were already becoming richer and whiter. WASHINGTON —...
IRS extensions for Opportunity Zone investments COVID relief
On January 19, 2021, the IRS published Notice 2021-10 that details a number of extensions related to Opportunity Zone investments due to the ongoing COVID 19 pandemic. These expand on the extension...