W.P. Carey Tax Director Says Resource Constraints a Challenge for REITs

Adam Cohen, executive director of tax at W.P. Carey Inc. (NYSE: WPC), joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.

Cohen noted that one of the main challenges facing REIT tax directors concerns resource constraints.

“There are a lot of demands placed on the tax department, and we’re becoming increasingly integrated with the accounting and finance functions, but we don’t have enough people,” he said.


Post Properties Tax Director Highlights Importance of Documentation

Kate Mason, senior vice president for taxation at Post Properties Inc. (NYSE: PPS), joined REIT.com for a video interview during REITWise 2014: NAREIT’s Law, Accounting and Finance Conference held in Boca Raton, Fla.

Post Properties is a developer and operator of upscale multifamily apartment communities.

Mason was asked to comment on the issues that are most worrisome to REIT tax directors at this time.


Ramco-Gershenson Director on Pressing REIT Tax Issues

Shari Thakady, director of tax at Ramco-Gershenson Properties Trust (NYSE: RPT), joined REIT.com for a video interview during REITWise 2014: NAREIT’s Law, Accounting and Finance Conference held in Boca Raton, Fla.

Ramco-Gershenson’s primary business is the ownership and management of multi-anchor shopping centers in strategic metropolitan markets throughout the Eastern, Midwestern and Central United States.

Thakady was asked to comment on the range of tax issues facing REIT tax directors and the ones causing the most concern.


Introduction of Hotel Facilities by Leo Frankel, Director of Business Development

Doubletree by Hilton, Kuala Lumpur relaxingly fresh design scheme welcomes guests with some of the most modern hotel amenities and services available. Each of the 32 m2 (350 sq ft.) standard guestrooms offer outstanding city and Klang Valley views and are equipped with spacious workspaces and seating areas, high-speed Internet access, flat-panel LCD televisions, complimentary in-room coffee and tea service and luxurious bath and body products. The hotel also features the brand’s signature Sweet Dreams™ by Doubletree sleep experience complete with high-thread-count linens and an abundance of pillows for a great night’s sleep. For added exclusivity, the hotel offers nine Executive Floors from the 26th floor onwards, including 152 Executive Guestrooms, 19 Deluxe Suites, 21 Executive Suites and five Terrace Suites with spacious private terraces overlooking the impressive Kuala Lumpur city skyline. Along with private check-in, some of the many benefits Executive Floor guests may enjoy include complimentary breakfast, snacks during the afternoon and an evening manager’s reception at the Executive Lounge on the 34th floor, which offers panoramic views of the KLCC Petronas Twin Towers and Genting Highlands. A comprehensive array of conference and event facilities is available at the Doubletree by Hilton, Kuala Lumpur, with more than 1850 m2 (20000 sq ft.) of flexible, function space. The 1150 m2 (12000 sq ft.) pillar-less Grand Ballroom is equipped with state-of-art audio-visual
Video Rating: 0 / 5