Peter M Fass

October 09, 2015 | New York Law Journal

In his Real Estate Securities column, Peter M. Fass reviews relevant changes and recent SEC guidance as applicable to a private offering using the Internet in light of changes in Regulation D in July 2013 which eliminated the ban on general solicitation and general advertising of securities offerings conducted under Rule 506(c).

By Peter M. Fass

12 minute read

June 03, 2015 | New York Law Journal

In his Real Estate Securities column, Peter M. Fass reviews amendments to Regulation A, which will offer issuers and selling shareholders two options for relying on the exemption from registration: Tier 1 for offerings that do not exceed $20 million in a 12-month period and Tier 2 for offerings that do not exceed $50 million in a 12-month period.

By Peter M. Fass

12 minute read

April 01, 2015 | New York Law Journal

In his Real Estate Securities column, Peter M. Fass writes that in May 2014, the IRS released proposed regulations revising and clarifying the definition of real property for the purposes of the real estate investment trust provisions of the Internal Revenue Code. The proposed regulations generally are consistent with previously issued letter rulings and published guidance, and specifically list assets that will qualify as real property.

By Peter M. Fass

9 minute read

March 31, 2015 | New York Law Journal

In his Real Estate Securities column, Peter M. Fass writes that in May 2014, the IRS released proposed regulations revising and clarifying the definition of real property for the purposes of the real estate investment trust provisions of the Internal Revenue Code. The proposed regulations generally are consistent with previously issued letter rulings and published guidance, and specifically list assets that will qualify as real property.

By Peter M. Fass

9 minute read

February 04, 2015 | New York Law Journal

In his Real Estate Securities column, Peter M. Fass discusses the SEC's proposed amendments to the public offering rules that would exempt offerings of up to $50 million within a 12-month period, creating two tiers of offerings under Regulation A.

By Peter M. Fass

11 minute read

February 03, 2015 | New York Law Journal

In his Real Estate Securities column, Peter M. Fass discusses the SEC's proposed amendments to the public offering rules that would exempt offerings of up to $50 million within a 12-month period, creating two tiers of offerings under Regulation A.

By Peter M. Fass

11 minute read

December 03, 2014 | New York Law Journal

In his Real Estate Securities column, Peter M. Fass writes: In a series of changes intended to enhance the SEC's ability to evaluate market practices in Rule 506 offerings and to address issues that may arise with general solicitations and general advertising the SEC has proposed rule and form amendments

By Peter M. Fass

11 minute read

October 10, 2014 | New York Law Journal

In his Real Estate Securities column, Peter M. Fass discusses the amendments to Rule 506 of Regulation D under the Securities Act of 1933 that prevent certain felons and other bad actors to more broadly solicit investors and publicize their real estate offerings.

By Peter M. Fass

10 minute read

August 14, 2014 | New York Law Journal

In his Real Estate Securities column, Peter M. Fass reviews SEC amendments to Rule 506 of Regulation D and to Rule 144A under the Securities Act of 1933 that will permit sponsors of real estate offerings to more broadly solicit investors and publicize their offerings.

By Peter M. Fass

7 minute read

June 04, 2014 | New York Law Journal

In his Real Estate Securities column, Peter M. Fass discusses proposed regulations issued by the IRS in January that would amend the rules regarding allocation of partnership liabilities and disguised sales. According to published reports, the regulations, if finalized as proposed, would negatively impact a variety of real estate investments which use the partnership vehicle.

By Peter M. Fass

9 minute read