Real Estate Companies are Investing in Green Technologies
Apple Hospitality REIT CEO Projects Strong Fundamentals in Second Half
Justin Knight, president and CEO of Apple Hospitality REIT, Inc. (NYSE: APLE), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Apple Hospitality listed on the NYSE in May. Knight said the feedback from investors in the wake of the move has been “very positive.”
ROIC CEO Says West Coast Strength Key for REIT
Stuart Tanz, CEO of Retail Opportunity Investments Corp. (NASDAQ: ROIC), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Tanz said the fundamentals in Western markets have helped drive the firm’s strong operating results. Additionally, the company is benefiting from its focus on necessity-based retail assets, such as grocery stores and drugstores, according to Tanz.
FelCor CEO Sees Progress on REIT’s Repositioning
Richard Smith, president and CEO of FelCor Lodging Trust Inc. (NYSE: FCH), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
FelCor is currently undertaking a multiyear repositioning initiative program. Smith said the company has made “tremendous progress” on the initiative.
“We had a ton of stuff to do,” Smith said. “Everything had to change.”
Investors Driving Change in Sustainability Reporting
Net Lease REIT STORE Capital on Track for $1 Billion in Acquisitions in 2015
Chris Volk, president and CEO of STORE Capital Corp. (NYSE: STOR), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
STORE is an acronym for single-tenant operational real estate, which is the company’s target market. STORE’s tenants operate across a variety of industries within the service, retail and industrial sectors. Restaurants, health clubs, early childhood education centers, movie theaters and furniture stores represent the top industries in its portfolio.
Wheeler REIT Buying Shopping Centers at Fast Pace
Jon Wheeler, chairman and CEO of Wheeler Real Estate Investment Trust Inc. (NASDAQ: WHLR), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Wheeler said he expects the company’s pace of acquisitions to pick up in the second half of 2015. He noted that the firm raised investment capital in the first half of the year. Usually, the firm purchases between eight and 10 shopping centers per year. This year, the company could buy as many as 20, according to Wheeler.
