The REIT and commercial real estate industries have continued to experience strong M&A activity, with some sectors poised for large-scale consolidation even as new property types enter the REIT universe through spin-offs, conversions and IPOs. At the same time, high-profile transactions involving non-traded REITs and the increasing presence of activist investors - and a number of high-profile governance changes - have altered the playbook for some traditional REIT strucutres and REIT transactions. All of this has occurred against the backdrop of continuing concerns about the pace of global economic recovery in light of international trade disputes. Along with knowledge of both technical and practical matters, both flexibility and creativity are required to thrive in the REIT world. John Haggerty is chairperson of the program and Audrey Leigh is a featured speaker.
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