Investors Real Estate Trust CEO Says Oil Prices Not Impacting REIT

Tim Mihalik, president and CEO of Investors Real Estate Trust (NYSE: IRET), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Investors Real Estate Trust operates a diversified portfolio of properties in the multifamily, office, health care, retail and industrial sectors. Its properties are located throughout 12 states in the Midwest.

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Monmouth CEO Says Pace of Acquisitions by REIT Will Continue

Michael Landy, president and CEO of Monmouth Real Estate Investment Corp. (NYSE: MNR), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Monmouth currently has an acquisition pipeline of 2.3 million square feet in place, representing $ 250 million in class-A industrial space. By the end of the 2015 fiscal year on Sept. 30, Monmouth will have increased its gross leasable area by 30 percent. Landy said the company is also anticipating double-digit growth in 2016.

Michael Landy

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BlackRock CIO Highlights Global Real Estate Diversification Benefits

Sherry Rexroad, chief investment officer at BlackRock Global Real Estate Securities Group, joined REIT.com for a video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Rexroad emphasized that one of the primary benefits of investing in global real estate securities is the diversification gained from exposure to different economies with varied monetary policies. She cautioned against investing in a single country because of the outsized influence that monetary policy is exerting at this time.

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Starwood Waypoint Single-Family REIT Seeing Higher Leasing Activity

Doug Brien, CEO of Starwood Waypoint Residential Trust (NYSE: SWAY), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Based in Oakland, Calif., Starwood Waypoint Residential Trust acquires, renovates, leases, maintains and manages single-family homes. Brien said rental demand is at its highest level in more than six years due in part to construction remaining in check.

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Apartment REIT MAA Pruning Portfolio

Eric Bolton, chairman and CEO of MAA (NYSE: MAA), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

MAA focuses on the acquisition, development and management of apartment properties throughout the Southeast and Southwest regions of the United States. Bolton said the company is continuing to see positive rent growth across its portfolio.

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