Hilton Worldwide Holdings is seeking approval from the IRService to spin off its real estate into an REIT, according to a sources familiar with the transaction. Because Hilton has already approached the IRS, it would be exempt from the new regulations governing REIT spinoffs in the omnibus spending legislation. Analysts say the properties, which include both Hilton and DoubleTree flags, are worth more than $10 billion. Read the Reuters story here