States target CRE companies in their search for forgotten dollars
States target CRE companies in their search for forgotten dollars
The Covid-19 pandemic has triggered extreme ebbs and flows in our economy this year. Recent spikes in cases throughout numerous regions have prolonged our nations planned economic restart, thus, causing a decrease in budgets for states nationwide. Unclaimed Property expert Scott Regan recently spoke with Mortgage Professional America, to discuss how states are unfairly targeting commercial real estate companies to mitigate unexpected budget shortcomings and increase revenue without raising taxes. In the interview, Regan discusses how states are using unclaimed property as a vehicle to raise revenue and what commercial real estate companies can do to ensure that they can capitalize on unclaimed property funds during this economic downturn.
Read the full article: States target CRE companies in their search for forgotten dollars, July 24, 2020