Daniel J. Page, CCIM, is a managing broker at Arvida Realty Services of Sarasota, Fla. He was the 1997 president of the Commercial Investment Real Estate Institute. He can be reached at 941/ 925-8586 or firstname.lastname@example.org.
Even if commercial property prices are rising, sellers can’t make a profit if taxes absorb all the appreciation. That’s why tax-deferred exchanges continue to be an attractive alternative for a growing number of private investors, companies, and even governmental bodies interested in delaying payment of capital gains taxes.