• Its Crystal Tide Ever Flowing: The United States Revises its REIT Rules to Encourage Capital Flows in the Real Property Sector
  • December 20, 2005 | Author: Mark H. Leeds
  • Law Firm: Greenberg Traurig, LLP - New York Office
  • As the traditional capital markets and the real estate capital markets continue their march towards convergence, Congress continues to amend the U.S. REIT rules to facilitate opportunities for real estate investment and financing transactions. Given the success that these vehicles have had in the United States, it is reasonable to expect that other countries will continue to mimic the U.S. rules for their own domestic markets. Accordingly, the U.S. rules offer an important model for the laws of other countries seeking to attract foreign capital to their real estate markets.