See Credit Details Below
Why You Should Attend
The REIT and commercial real estate industries have continued to experience strong M&A activity, with some sectors poised for large-scale consolidation even as new property types enter the REIT universe through spin-offs, conversions and IPOs. At the same time, high-profile transactions involving non-traded REITs and the increasing presence of activist investors — and a number of high-profile governance changes — have altered the playbook for some traditional REIT structures and REIT transactions. All of this has occurred against the backdrop of continuing concerns about the pace of global economic recovery and the direction of interest rates. Along with knowledge of both technical and practical matters, both flexibility and creativity are required to thrive in the REIT world. This year’s program will take an in-depth look at these industry trends, along with key recent transactions, and will help you navigate the complex structures, legal frameworks and dynamics of the current environment.
What You Will Learn
- How to understand and evaluate the current landscape — what trends and developments must you watch?
- How to evaluate non-traded and/or externally managed REIT structures — and the structural and transaction considerations regarding related internalization transactions
- How to think about the various REIT structuring alternatives and methods of accessing the capital markets — including spin-offs, conversions, access to capital in a public vs. private model, and other trends for capital raising
- How to address the latest governance concerns — particularly in the face of rising activism
- How to evaluate the current tax landscape — including proposed regulations on the definition of “Real Property”
- How to complete an M&A negotiation from start to finish — learning by example through a mock negotiation
Who Should Attend
This program will be of great value to REIT, real estate, corporate, and restructuring lawyers seeking to understand the new paradigms and the peculiarities and complexities of REIT and REOC M&A and capital markets transactions, REIT and REOC general counsel, and transactional lawyers. Likewise, analysts, bankers, executives and other professionals who need to understand the latest developments in the world of real estate will benefit from this program.
Prerequisites: A basic understanding of the laws and regulations related to the real estate and/or finance industries
Intended Audience: REIT, real estate, corporate, and restructuring lawyers seeking to understand the new paradigms and the peculiarities and complexities of REIT and REOC M&A and capital markets transactions, as well as analysts, bankers, executives and other allied professionals who need to understand the latest developments in the world of real estate.
Advanced Prep: None