Structural Changes Influencing the REIT Market. 1986 Tax Reform Act Reduced incentives to hold real estate in private/partnership form (leveled playing field) Still, no move to public market financing until late 1992 TRA was necessary, but not sufficient condition for the rise of equity REITs.
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
= NET INCOME (GAAP)
Net Income minus:
= Adjusted FFO (AFFO)
FFO Growth = Internal Growth + External Growth