NEWS

New tax code eliminates home loan benefits

The suggestion about removing income tax incentives would hurt middle and lower income groups and the construction sector.

MARKET SCAN

Some of the world’s largest commercial real estate service companies are turning to online auctions to sell property and debt to help kick start the stalled U.S. commercial real estate market. Jones Lang La Salle Inc. said it had partnered with residential real estate online auctions provider Real Estate Disposition LLC (REDC) to offer online auctions. The first property to be offered for auction will be a 100,000 square foot office building sitting on 12 acres in Dayton, Ohio on behalf of Proctor @Gamble Co.

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