Did you enjoy magic at a young age? I did - and was mesmerized at the first sight of a handsome, tux-clad performer on stage (watching on television), sawing a woman in half, making an elephant disappear, or, doing a card trick right in front of my own eyes.
We’ve all had the experience of seeing a really great magic trick, followed by its usual and expected reaction: “How’d they do that?”
These days, I’m still in awe of great tricks, whether from David Copperfield, or Penn & Teller, or even the slightly dangerous (look away!) David Blaine.
But in my special area of interest - commercial real estate investing - originally as a developer, and as an investor and writer, I was once fascinated with the “trick” that turned an ordinary company into a REIT. Namely, C-Corps and their spin offs into REITs.