Get the Hook: Five Things Buyers and Sellers Need to Know via Commercial Property Executive

When writer’s block sets in, I have a sure-fire remedy: Get the Hook. Not the giant hook used by vaudeville theater owners to drag bad performers off the stage. I’m referring to my colleague, Hook McCullough, managing director of the national investment properties group at Newmark Grubb Knight Frank. I asked Hook the following question: What are the five most important trends/issues/things that commercial property buyers and sellers need to keep in mind through the remainder of 2012 and the first half of 2013. Here is his response:

The fate of the capital gains tax is top of mind for buyers and sellers. Many sellers have accelerated their sales to close by year-end to be assured of maintaining the favorable 15 percent rate. Common wisdom is that if President Obama is re-elected, the rate is likely to increase. But the massive debt may require both parties to revisit this issue within the next few years no matter who is elected.

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