In a Law360 article, ERISA and benefits partner Joshua Lichtenstein discussed reactions in the real estate sector to the Trump executive order to open 401(k) retirement plans to include more private assets.
While the executive order encourages alternative assets besides real estate, including digital assets, private equity and private credit, real estate has the benefit of already having a presence in defined-contribution retirement accounts.
Joshua notes that real estate is more tangible and easier to understand than more esoteric assets. "I'd expect the executive order will be an even shorter-term boon for the real estate market in 401(k) plans,” said Joshua.
Attorneys
Stay Up To Date with Ropes & Gray
Ropes & Gray attorneys provide timely analysis on legal developments, court decisions and changes in legislation and regulations.
Stay in the loop with all things Ropes & Gray, and find out more about our people, culture, initiatives and everything that’s happening.
We regularly notify our clients and contacts of significant legal developments, news, webinars and teleconferences that affect their industries.