Today we share with you responses to two different, but related, questions related to employee compensation and changes or potential changes in federal and state/local law regarding the same. The first question related to the …
What Lies Ahead in 2016?
Senior Housing News recently published an interesting article entitled “Senior Housing Crystal Ball: To Execs’ 2016 Predictions”. As would be expected, there are a lot of concerns over the competition for staff talent and the …
BIG DEAL MONDAY
In a transaction our firm was pleased to represent the seller in, CNL Lifestyle Properties, Inc. sold 37 of its senior living communities to Senior Housing Properties Trust. The portfolio consisted of approximately 3,500 units …
Possible Changes Coming For REITS
By: Amanda Wilson Real estate investment trusts (“REITs”) are a popular investment vehicle in the senior living area, especially when the sponsor is trying to attract foreign investors. Senator Orrin Hatch recently introduced Senate bill …
Shortening the Built-in Gains Period?
By: Amanda Wilson Exciting news of a possible tax change in the world of REITs, which are a popular tax vehicle in the senior living area. Currently, if an existing C corporation converts to a REIT, …
Big Deal Monday
Aviv REIT had a lot of news last week, announcing its acquisition of two skilled nursing facilities in Dallas, Texas for a combined purchase price of $28.5 million. Hot on the heels of that acquisition, …
Yet Another Benefit of REITs – Tax-Free Spinoffs
By Amanda Wilson With the introduction of the RIDEA structure in 2007, REITs have become an increasingly popular tax structure for senior housing. REITs offer many tax advantages, such as providing the REIT entity with …
