Category: REIT

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Equity Commonwealth CEO Says REIT Focused on Disposing of Assets

David Helfand, president and CEO of Equity Commonwealth (NYSE: EQC), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Based in Chicago, Equity Commonwealth owns commercial office properties throughout the United States and Australia. In May 2014, a new board of trustees and management team were appointed to lead the company, formerly known as CommonWealth REIT. Equity International Chairman Sam Zell serves as chairman of Equity Commonwealth’s board.

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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.

Stuart Tanz

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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.”

Richard Smith

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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.

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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.

Jon Wheeler

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