Posts Tagged ‘NAREIT’
Banking Technology: The New Frontier
06-07-2011
Prior to joining NES Financial (NESF), I spent much of my career in the telecommunications industry. Before the 1990’s, telecom operators were mainly focused on the “network core,” stemming from a 100-year-old heritage of engineering the most reliable and high performance networks possible. This caused equipment suppliers to focus on building more reliable and scalable solutions and innovation pertained mainly…
REIT Update: Do Serial Exchangers Get Cash, with Extra Time to Boot, under New Letter Ruling?
04-28-2011
REITs are big users of 1031 exchanges and also frequent recipients of IRS private letter rulings on 1031 exchanges. A recent private letter ruling raises issues concerning whether a sequence of like-kind exchanges within a group of related entities, two of which are REITs, effectively gives the group of related exchangers extensions of the Section 1031 45-day and 180-day deadlines and…
Last week I published an article in The TIPRO TARGET newsletter providing a checklist for secure 1031 exchange transactions in the Oil and Gas industry. To read the article, click here . 1031 exchanges are an established strategy for maximizing capital reinvestment. In the current economic environment, Oil and Gas companies should follow best practices when selecting their Qualified Intermediary…
I will be attending REITWise, which is NAREIT’s Law, Accounting & Finance Conference in San Francisco this week. For years, REITs have been utilizing 1031 exchanges to help optimize their property portfolios and preserve their equity. In today’s challenging financial and real estate environments however, that’s simply not enough. Fortune 500 companies are now capitalizing on innovativeNESF 1031 solutions to…
