The Real Estate Roundtable has been lobbying for federal aid for the ailing commercial real estate sector. The Roundtable’s five point plan:
1. Expand the Term Asset-Backed Securities Loan Facility (TALF);
2. Encourage foreign capital investment in U.S. real estate.
3. Modify accounting rules.
4. Encourage banks to extend performing loans. Also, temporarily suspend the taxation of cancellation of indebtedness rules.
5. Reject new anti-real estate investment taxes.