Adam Emmerich, partner at Wachtell, Lipton, Rosen and Katz, joined REIT.com for a video interview at REITWise 2016: NAREIT’s Law, Accounting and Finance Conference at the Marriott Marquis in Washington, D.C.
Emmerich participated on a panel at REITWise that looked at privatizations in the REIT industry and the lessons learned from the last privatization wave.
Emmerich noted that one of the lessons that the investing world has learned more broadly is that leverage can be “very, very serious.”