Jan
17
With Spin-Offs Out, What Are REIT Options?
ByOutstanding speaker lineup! Hear from the experts at RealShare Industrial West. The Westin Long Beach, January 19-20.
Mandalay Bay in Las Vegas will be among the casino-resorts contributed to MGM Growth Properties.NEW YORK CITY–Recent guidance from the IRS and the passage of the Protecting Americans from Tax Hikes Act of 2015 may make future REIT spin-offs less likely but are unlikely to derail REIT plans already on track, Fitch Ratings said Thursday. That being the case, the release of the ratings agency’s special report on “the state of REITization in the US” coincided with MGM Resorts International’s announcement of key hires for the management of MGM Growth Properties—a prime example of the new path that a number of issuers are taking…
