REIT Ability to Sell Underlying Properties Compared
to Single Asset Partnership
REIT Structure Single Asset Partnership Structure
Form 1099 Multiple Kls
Tax Filing
Exit each asset through sale of entire
Ability to sell each individual asset
partnership with its liabilities
during two-year liquidation plan
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CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0071226
CONFIDENTIAL SDNY_GM_00217410
EFTA01375670