I want to know everything there is to know about:
OP Unit Exchange Approach
Below is part of an article that briefly outlines what it is - I need
a review(in-depth) of the technique:
 "The OP Unit exchange approach used by the Smith REIT to acquire these
properties is increasingly popular because it allows longer-term property
owners with low or negative tax basis, for whom a cash sale would cause a
taxable gain, to defer income taxes on the transaction.  The Smith REIT's
Operating Partnership Units pay the same dividends as the Smith REIT's common
stock and are redeemable for stock on a one-to-one basis, subject to certain
conditions.  The property owner obtains other advantages including regular
dividends, liquidity, investment diversification, and participation in any
appreciation of Smith REIT stock.  Lastly, many property owners use the Unit
exchange approach to enhance estate planning."

Thanks for your help