Home Archives for March 2018

Month: March 2018

Aimco Executive Discusses Implementation of New FASB Standards

by reit.com reit.com No Comments

Kristen Naughton, senior director of financial reporting and technical accounting at Aimco (NYSE: AIV), participated in a video interview at Nareit's REITwise: 2018 Law, Accounting & Finance Conference in Hollywood, Florida.

Aimco is one of the country’s largest owners and operators of apartments, with ownership interests in 180 communities in 22 states and the District of Columbia.

Camden CAO Urges Cautious Approach on Identification of Critical Audit Matters

by reit.com reit.com No Comments

Michael Gallagher, senior vice president and CAO at Camden Property Trust (NYSE: CPT), participated in a video interview at Nareit's REITwise: 2018 Law, Accounting & Finance Conference in Hollywood, Florida.

Last year, the Securities and Exchange Commission (SEC) approved the Public Company Accounting Oversight Board’s (PCAOB) proposed changes to The Auditor’s Report.

REIT General Counsels Help Set Tone at the Top, Says Former Executive

by reit.com reit.com No Comments

Paula Maggio, former executive vice president, general counsel and secretary at Retail Properties of America, Inc. (NYSE: RPAI) and Strategic Hotels & Resorts, Inc., participated in a video interview at REITwise 2018, Nareit’s Law, Accounting & Finance Conference in Hollywood, Florida.

Maggio commented on the role of a REIT general counsel in contributing to the tone at the top.

Brookfield Property to Buy Remaining Stake in GGP

by reit.com reit.com No Comments

Brookfield Property Partners LP and GGP Inc. (NYSE: GGP) have reached an agreement for Brookfield to buy the remaining 66 percent share in the mall REIT that it doesn’t already own for approximately $9.3 billion in cash.

In morning trade, GGP shares had dropped from their previous day’s close of $21.21 to a level of $20.31.

Brookfield is the real estate arm of the Canadian-based institutional investor, Brookfield Asset Management. The deal has been endorsed by a special committee of GGP’s board.