Sponsorships and Speaking Engagements | 30 January 2023 | 9:00 AM - 5:00 PM (ET)

Practising Law Institute: Real Estate M&A and REIT Transactions 2023

Join Hogan Lovells partners David Bonser as co-chair and panel leader, and Cristina Arumi as a panel leader in Practising Law Institute’s Real Estate M&A and REIT Transactions 2023 program.

Throughout 2022, professionals specializing in REITs saw dynamic economic market changes begin to reshape the legal landscape of high-stakes real estate M&A. In addition to COVID-19, the rise in ESG demands and changes in the SEC and IRS regulatory framework have all contributed to significant changes in principals of governance and timing of REIT transactions.

Along with knowledge of both technical and practical matters, both flexibility and creativity are required to thrive in the field of M&A and REITs. This year’s program will take an in-depth look at industry trends while reviewing current practice strategies to help you navigate the complex structures and legal framework for successful transaction and REIT governance.

Details of David and Cristina’s panel sessions are as follows:

9:15 AM EST: Overview of the REIT landscape

This panel will provide an overview of the REIT markets and economic drivers. After completing this session, participants will be able to:

• Review the current state of the market including the impact of the economic downturn on real estate investment

• Prepare for potential impact of actions by federal agencies

• Gain insight into where in the REIT and private real estate cycles are? Where are we heading?

• Compare trends and developments in real estate M&A: what has driven the market over the past year and what to expect by way of public-to-public and public-to-private activity

• Evaluate the impact of activists--ESG activism v. more traditional strategic/economic activism?

• Assess whether IPOs are gone forever

1:30 PM EST: REIT tax: Cutting through the issues in a changing tax landscape

This session will explain the tax framework for REITs. After completing this session, participants will be able to:

• Evaluate the impact of the Inflation Reduction Act on real estate

• Compare REIT Trends in REIT Transactions

o Mergers

o Joint Ventures

o Preferred Equity

• Advise clients on managing the REIT distribution requirement

o Loss Utilization

o Taxable Stock Distributions

o Gain Harvesting

• Assess taxable spin-offs by REITs

o Gain and basis consequences

o REIT considerations

o Related Operating Partnership divisions

• Review the 2022 Guidance and What to Expect in 2023

This program will be presented both in person in New York, NY, and via live webcast.

Click here to learn more.