President Donald Trump signed the multitrillion-dollar One Big Beautiful Bill into law at the White House Friday, locking in one of the most consequential rewrites of the U.S. tax code in a generation — and setting the stage for broad and lasting ripple effects across commercial real estate.
The bill’s final passage came on Thursday after lawmakers frantically cobbled together the votes required to usher through the 887-page tax and spending package before Trump’s live-wire, symbolic Fourth of July deadline.
"I think when you go over the bill, it was very easy to get them to a ‘Yes,’” Trump told reporters Thursday evening before he boarded Air Force One for an Iowa rally. “We went over that bill, point after point. ... Biggest tax cut in history, great for security, great on the southern border. ... We covered just about everything."
He continued: “The biggest bill of its kind ever signed — and it`s going to make this country into a rocket ship. I think we`re going to have record numbers.”...
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RSK: Not tax breaks for all CRE but it is geared towards investment and development which is a good thing.
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- - Volume: 25 - WEEK: 28 Date: 7/8/2025 3:18:54 PM -