Since the legislation that first created REITs in the 1960s, there is no question that much has changed in the world of real estate and real estate finance. REITs continue to expand and flourish in ways clearly not contemplated 50 years ago or even a decade ago. In just the last 25 years, the market capitalization of REITs has grown from approximately $16 billion to approximately $1.134 trillion. We will likely continue to see growth as a result of the Tax Cuts and Jobs Act (TCJA) and because the market is expanding into new product types and assets classes driven by the change in economics/demographics.
This is where PwC can help. Through our global presence and extensive knowledge of capital markets, we can provide you with the insight you need at every stage.