REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
Dave Levy, a partner at Skadden Arps, 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.
Levy discussed the impact of restrictions imposed by the Protecting Americans from Tax Hikes (PATH) Act of 2015 on tax-free spinoffs of REIT assets. According to Levy, the spinoff trend that occurred prior to the PATH Act suffered from a “perception problem” in the media.
Jim Sullivan, managing director at Green Street Advisors, joined REIT.com for a video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.
Sullivan addressed the factors behind the current interest in REIT spinoffs.
“Real estate prices have never been higher,” Sullivan said. He noted that the Green Street Commercial Property Price Index concludes that real estate pricing in the United States is on average 20 percent higher than at the 2007 peak. “High prices are a primary driver.”
Mike Kirby, chairman and director of research at Green Street Advisors, joined REIT.com for a video interview at the 2014 Real Estate Luminaries Series event on April 23 at Georgetown University.
Kirby discussed his views on the growing lines of business electing to operate as REITs.
