Since 2018, a common trend for mortgage fund managers has been converting or adding a real estate investment trust (“REIT”) to their capital structure. The two methods to achieve this for an existing fund manager is to (a) convert the existing fund into a REIT; or (b) install a qualified REIT subsidiary (“SUBREIT”) as a […]

SubREIT vs. REIT Conversions: A Practical Discussion Read More »