Paul Adornato, managing director with BMO Capital Markets, joined REIT.com for a video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.
Adornato reviewed the conditions that REITs have faced within the capital markets so far this year.
“The capital markets have been open for the REITs both on the equity side and on the debt side,” Adornato stated. On the equity side, large follow-on offerings have occurred this year, he said, in addition to a number of initial public offerings (IPOs).