Leasehold improvements, "brownfields" clean-up expenses and energy efficiency improvements among provisions of federal tax law changes signed into law Dec. 22, 2010. Download a summary to learn more.

Commercial State Legislative Report (January 2011) A recap of legislative action of interest to Illinois REALTORS® who specialize in commercial, industrial and investment properties.

Small Business Loans Enacted - Real estate professionals as small businesses can apply for loans under a new $30 billion loan fund and help their commercial clients get financing. The new law includes tax breaks and improvements to SBA loan programs. Watch this video and learn more about Small Business Administration Loans.

Proposed Changes to Lease Accounting Standards - NAR is opposing lease accounting standard changes proposed by the Financial Accounting Standards Boards and the International Accounting Standards Board that would treat the income producing real estate business as a financing business on company balance sheets. Learn more.

Commercial Resources

• Commercial Webinars: NAR Commercial offers free monthly webinars that address a mix of topics ranging from sales techniques to marketing to negotiations.

• Learn the in’s and out’s of commercial real estate while saving money. Through Right Tools, Right Now, you can buy, “The Fundamentals of Listing and Selling Commercial Real Estate” at cost for $17.25. 

• Does New Development Pay For Itself?  

• Field Guide to Breaking Into Commercial Sales

• Commercial Real Estate Leading Indicator

Commercial Properties:

• Location One Information System (LOIS) - This searchable economic development database provides information on buildings, sites and locations for businesses looking to expand.
• Commercial Real Estate Listings & Investment Properties
• CommercialSource.com - National Association of REALTORS® commercial property search.
• Commercial Information Exchange - Search the property databases of select local REALTOR® Controlled Commercial Information Exchanges (CIE).