In our 2022 alert “REIT M&A Trends Through the Pandemic,” we cataloged a total of 42 new REIT transactions announced between August 2020 and May 2022, a pace that rivaled or exceeded pre-pandemic levels. From May 2022 through...more
In 2018, we released our advisory alert “Trends in Public REIT M&A: 2012–2017” chronicling select metrics across the 50+ REIT M&A transactions announced during the 2012–2017 period. We updated the sample set and findings in...more
In November 2018, Institutional Shareholder Services (ISS) released updates to its 2019 U.S. voting policies, which will be effective for meetings on or after February 1, 2019, and a preliminary list of frequently asked...more
This alert focuses on various tax reform proposals and their potential impact on REITs and the real estate industry. Tax reform is high on the agendas of both the House Ways and Means Committee and the Trump administration....more
I. Why Do REITs Have Ownership Limits in the First Place? -
Ownership limitation provisions are designed primarily to protect one of a REIT’s most valuable assets – its status as a REIT under the federal income tax...more
6/9/2016
/ Beneficial Owner ,
Board of Directors ,
Business Ownership ,
Controlling Stockholders ,
Corporate Charters ,
Income Taxes ,
Investment Management ,
Ownership Rules ,
Publicly-Traded Companies ,
REIT ,
Securities ,
Securities and Exchange Commission (SEC) ,
Tenants ,
Waivers
In issuing IRS Notice 2015-59 and Rev. Proc. 2015-43 last week, the IRS intentionally created significant market uncertainty about the viability of “PropCo/OpCo” spin-offs as part of the PropCo’s REIT conversion (e.g., where...more
In our February 4, 2015 REIT Alert, “Barbarians at the (REIT) Gates: REITs Should Be Prepared for a New World Order of Shareholder Activists, Hostile Overtures and Proxy Fights,” we addressed the increased risk faced by...more
Publicly traded REITs today face an increased risk of potential shareholder activism, proxy fights and otherwise hostile overtures. In response to this growing trend, public REITs should examine their corporate governance...more