On February 3, Chicago real estate partner Sarah Beth Rizzo participated in the panel “REIT Tax: Cutting Through the Issues in a Changing Tax Landscape” as part of PLI’s Real Estate M&A and REIT Transactions 2025 conference. The speakers explored the continued impact of the Inflation Reduction Act on real estate, tax trends in REIT transactions, how to manage the REIT distribution requirement, taxable and tax-free spin-offs by REITS and what to expect in 2025.