Will Congress Slam the Brakes on the Proliferation of Non-Traditional REITs?

Will Congress Slam the Brakes on the Proliferation of Non-Traditional REITs?

In spite of lawmakers’ efforts to stem the tide of corporations seeking REIT status for niche properties, the non-traditional REIT party may go on for some time.

The REIT sector has welcomed a number of non-traditional real estate owners in the past few years, including cell tower operators, outdoor advertising firms and document storage companies. Telecom firms may become the latest business sector to use REIT status to unlock value for their shareholders. Wind

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