transcript   Transcript

SEC Developments Unique to the REIT Industry

Recorded on: Jan. 22, 2018
Running Time: 00:59:26

Full Transcript:

If you are a Privileged Member, just log in and start reading now! If you are not a Privileged Member, please click here to learn how unlimited access to PLI programs may be right for you and your firm.

To access the streaming media of this presentation, please purchase the corresponding seminar segment.

Taken from the Web Program Real Estate M&A and REIT Transactions 2018 Recorded January 2018 in New York

SEC Developments Unique to the REIT Industry [00:59:25]
  • SEC focus on non-GAAP financial measures:
    • SEC review of earnings releases and supplementals
    • Presentation of FFO guidance ranges
    • Variations of EBITDA
  • Other Areas of focus in the SEC comment process
    • Consistency of segment reporting
    • Operations in the Middle East and Africa. Syria and Sudan
    • Staff review of activist proxy statements
    • Staff review of S-4 registration statements
  • Recent SEC staff guidance, including implications for capital raise transactions
    • Use of pro forma balance sheet to measure significance of subsequent acquisitions/dispositions
    • Pro forma financial statement requirements in the absence of requirements under 3-05 or 3-14
    • Significant tenants/concentration and financial statement requirements

The purchase price of this Web Program segment includes the following article from the Course Handbook available online:

  • Waivers of Ownership Limitation Provisions in REIT Charters
    Yoel Kranz, Gil Menna, Edward L. Glazer
Sonia Gupta Barros ~ Assistant Director, U.S. Securities and Exchange Commission
J. Gerard Cummins ~ Sidley Austin LLP
Yoel Kranz ~ Partner, Goodwin Procter LLP
Kathleen Werner ~ Clifford Chance US LLP
Transcript FAQ's
  • How Can I Access Transcripts?
    You must be a Member in good standing.

  • Can I access the Video?
    Yes, you can access the video if you have the Adobe Flash plugin installed. Click on the video camera icon when you mouse over each paragraph. The media will begin playback at that point.

  • Can I get CLE credit for reading the transcript?
    No, CLE credit cannot be earned for reading a transcript. CLE credit is issued only for verified attendance while watching a web program. If seeking credit, please verify the program's eligibility for credit and expiration date in your jurisdiction on the web segment launch page before commencing the program.

  • twitter
  • LinkedIn
  • YouTube
  • RSS

All Contents Copyright © 1996-2018 Practising Law Institute. Continuing Legal Education since 1933.

© 2018 PLI PRACTISING LAW INSTITUTE. All rights reserved. The PLI logo is a service mark of PLI.