subreit

Since 2018, mortgage REITs have become an immensely popular strategy for funds in the private lending space. The primary reason for this is the 20% Qualified Business Income deduction granted to REIT dividends. There are a lot of myths floating around regarding REITs as they relate to the private lending industry and the commonly used …

Mythbusting: Common Myths Regarding Mortgage REITs for Private Lenders Read More »

Beginning in 2018, many mortgage funds either converted into a real estate investment trust (“REIT”) or installed a REIT subsidiary (“SUBREIT”) to the fund. REITs have unique compliance requirements that add complexity to operations. They become especially important during a downturn or economic crisis. Much like mortgage funds, mortgage REITs are suffering from the volatility …

[COVID-19] Special Issues for Mortgage REITs during COVID-19 Outbreak Read More »

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 »