When American Tower Corp., a global cell phone tower operator, asked the Securities and Exchange Commission (SEC) to convert the company to REIT status in the spring of 2011, some analysts were intrigued but skeptical. The conversion would allow the telecommunications giant to benefit from the favorable market conditions for publicly traded REITs while simultaneously granting it tax-exempt status. At the same time, however, American Tower would be forced to pay regular dividends to ...
NREIonline.com Freemium Content
"More and More Companies Consider Applying for REIT Status, Redefining the Meaning of CRE Ownership" is FREE to access as a registered user on NREIonline.com.
Why Register for NREIonline? It's simple and free, and here is what you get:
- Access to leading real estate industry research.
- Interactive rankings of commercial real estate professionals.
- Submit your own articles, (if approved) which will appear around the site.
- Ability to comment and interact on all site content.