Nareit Developments

Nareit’s REITwise: 2020 Law, Accounting & Finance Conference will take place April 1-3 at the Marriott Marquis Washington D.C.

Rep. Michael Waltz (R-FL) visited the Tanger Outlets in Daytona Beach, FL to learn about the center's impact on the local economy. 

IRS private letter rulings issued before the 2017 bill confirmed that the prior limits on cash compensation did not apply to employees of partnerships that had corporations as partners, such as Operating Partnerships of UPREITs.

REIT has made the list for 13 consecutive years.

Sen. Mike Lee (R-UT) visited the headquarters of Extra Space Storage in Salt Lake City, UT and met with CEO Joe Margolis. 

On Feb. 11, the House Ways & Means Committee held a hearing titled, “The Disappearing Corporate Income Tax.”

Nareit joined the leadership of the European Public Real Estate Association (EPRA) and FTSE Russell to mark 15 years of partnership in producing the FTSE EPRA/Nareit Global Real Estate Index Series by participating in the London Stock Exchange market open ceremony on Feb. 14, 2020.

The Federal Reserve Bank of New York reported last week that household debt increased $193 billion in the fourth quarter to a record-high $14.15 trillion, prompting some concerns about possible risks to the economic outlook from rising indebtedness.

CalSTRS, the California State Teachers’ Retirement System, has affirmed its commitment to long-term environmental sustainability by adopting a new investment belief that establishes climate change as a fundamental consideration in all investment decisions.

Concern about business risks associated with climate change is growing in the insurance, banking, credit rating and other financial services industries, according to an article by Deloitte risk management staff members published in the Wall Street Journal.

Nareit’s commented on the SEC's proposed shareholder proposal amendments and its proposal to require greater transparency of proxy advisor firms.

Rep. Dan Crenshaw (R-TX) toured the Driscoll at River Oaks in Houston, which is owned by Weingarten Realty Investors.