Would REITs Seize On Semiannual Reporting?

Alice Connaughton and Ryan Adams spoke with Law360 Real Estate Authority about how the SEC's easing of quarterly reporting mandates might affect real estate investment trusts (REITs).

Alice noted that “a lot of the non-traded REITs like to adopt a lot of the same habits and methods of reporting as listed REITs,” adding that if few public REITs switch to semiannual reports, “you might see the non-traded REITs follow suit and not really take advantage.”

Ryan observed that “even if [quarterly reports] aren’t required, I suspect that we’ll still see a lot of quarterly reports from companies” due to strong investor demand. He added that, for now, “semiannual reporting is just an idea,” as the SEC’s rulemaking process remains in early stages.

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