SEC Publishes Interpretive Guidance on Real Estate Acquisitions and REIT Disclosures
The Securities and Exchange Commission (“SEC”) published guidance on July 16, 2013 related to revisions to the financial reporting rules for real estate acquisitions and further interpretive guidance to REIT disclosures. This guidance is effective immediately. The revisions to the rules relating to real estate acquisitions, specifically Rule 3-14 and Rule 3-05, are highlighted in the SEC’s Division of Corporation Finance Financial Reporting Manual. Click here to read the full article: SEC Publishes Interpretive Guidance on Real Estate Acquisitions and REIT Disclosures.