Members of the Charlotte Chapter of NAIOP recently traveled to Washington, D.C., to meet with members of Congress about issues critical to North Carolina’s commercial real estate industry. The Capitol Hill visits were part of NAIOP’s annual Chapter Leadership and Legislative Retreat, and gave Charlotte developers a chance to advocate on a range of topics, including:
- Preventing the taxation of Carried Interest compensation at ordinary income rates;
- Protecting tax-deferred 1031 Like-Kind exchanges in any effort to reform the federal Tax Code;
- Advocating for increased federal investment in our national infrastructure, including roads, ports and bridges; and,
- Ensuring that capital markets and financial institutions are able to address the current and future credit needs of the commercial real estate industry.
During the course of the day, NAIOP members met with Senators Thom Tillis, and congressmen Robert Pittenger, Richard Hudson and Patrick McHenry.
Thanks to Charlotte NAIOP members Brendan Pierce (Keith Corporation), Jim Gamble (Bohler Engineering), Jason Moore (Rodgers Builders), Cheryl Steele (Horack, Talley) Chris Thomas (Childress-Klein), and Scott Harris (Choate Construction) for taking time out of their busy schedules to make the trip to Washington!