Home | Business News | Browse by Publication | M | Mississippi Business Journal

Commercial lender warns: 'incentives not cash from the government'.

Publication: Mississippi Business Journal
Publication Date: 25-SEP-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
The real estate community needs to understand the nature of the incentives being offered by the federal government, warned Brian S. Andrews, a Louisiana commercial lender doing business from Jackson to the Mississippi Gulf Coast.

"The primary GO Zone incentives applicable to real estate, including bond financing, tax credits and bonus depreciation, are not cash balances being held by the federal government or the State of Mississippi to be distributed for needy causes," said Andrews, CMB, of Baton Rouge-based Andrews Commercial Mortgage, LLC. "The incentives allow profitable developers to reduce interest expense or federal income tax liability on certain transactions, making the returns more attractive. Stated another way: it's...

Access Full Article, Compliments of Goliath

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Mississippi Business Journal
Fannie Mae working on housing solutions., September 25, 2006
CPAs busy fielding GO Zone queries., September 25, 2006
Main Street Association augments incentives., September 25, 2006
Medical community eyes GOZA possibilities., September 25, 2006
SBA facilitates small business recovery via GO loan program., September 25, 2006

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.