November 15, 2024

GLM Legal’s Insights on Real Estate Market Shifts Amid Election Results

GLM Legal’s co-founder, Raul Gastesi, recently shared his insights with Bisnow reporter Matt Wasielewski on the potential impact of the 2024 election results on the commercial real estate (CRE) market. His perspectives are featured in the article CRE Readies For Realignment As Trump Surges Back To White House!

In the article, Gastesi discusses how a Trump presidency could shape market conditions, stating, “My sense, and the market’s sense, I believe, has reflected that a Trump presidency will spur the markets. The Trump administration will certainly help do what it can to bring down energy costs, and if they’re able to do that, that’s a significant part of the cost of many, many businesses.”

He also commented on tariffs, adding, “A tariff is a tax on the middle class. Tariffs don’t work. I’m a conservative, but I think in that sense, Trump is playing politics. It sounds good, it plays well, but in the end, the ones you’re hurting are the people that you’re actually trying to help.”

For more of Gastesi’s analysis, access the full article via the button below or follow the link.