REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
Ken Betts, international partner with Locke Lorde LLP, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.
Betts noted that liquidity events are becoming more common in the public non-listed REIT (PNLR) sector. He described two different kinds of liquidity events for PNLRs. Roughly 50 percent have consisted of mergers and acquisitions (M&A). The other half have come through initial public offerings (IPOs).
Kurt Manske, vice president of compliance and corporate IT at QTS Realty Trust, Inc. (NYSE: QTS), joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.
QTS Realty owns, operates and manages facilities nationwide, encompassing approximately 4.7 million square feet of data center infrastructure and supporting more than 850 customers. Manske said the biggest change in cybersecurity during the past year has been “the rise of the cyber state from an attacker perspective.”
Bob O’Brien, partner and U.S. real estate services leader at Deloitte, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.
O’Brien discussed the rise in Chinese foreign investment , as well as the possibilities for a REIT regime in China.
O’Brien noted that Chinese investment in the United States has increased about seven-fold in the past five years, and real estate accounts for a significant portion of that growth.
Greg Ross, audit partner at Grant Thornton LLP, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.
According to Ross, one of the biggest changes in financial reporting that he has witnessed is the change related to fair value accounting.
“Investors want it, so there are a lot more items on the balance sheet today with fair value implications,” Ross said.
Kevin Shields, chairman and CEO of Griffin Capital Essential Asset REIT, joined REIT.com for a CEO Spotlight video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.
David Slotkin, partner at Morrison & Foerster, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.
Slotkin discussed recent changes in shareholder activism within the REIT industry.
“What you are seeing now is that the broader shareholder activism in other industries and larger companies is seeping into the REIT space,” Slotkin said. He pointed to various sources of activism, including hedge funds and traditional dedicated investors.
Jonathan Gray, global head of real estate at private-equity firm The Blackstone Group, said he expects the company’s single-family rental platform will be in a position to go public within the next one to two years.
Speaking April 23 at the Real Estate Luminaries Series at Georgetown University’s Steers Center for Global Real Estate, Gray said Blackstone is in the process of “building something that will look like an apartment REIT.”
Scott MacComb, president of Allocation Advisors, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.
Allocation Advisors prepares purchase price allocations for real estate acquisitions. MacComb gave an overview of the current regulatory environment facing REITs.
“We are still in a situation where the pendulum is swinging in the direction of increased regulation,” he said.
Kerry Vandel, finance professor at the University of California-Irvine, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.
Vandel cited three demographic groups that will heavily influence the real estate industry in the near future: baby boomers, millennials and immigrants.
The United States has “a much larger immigrant pool than we’ve had in the past,” Vandel said.
Vandel noted that those three demographic groups can be broken down further by wealth.
Kurt Manske, vice president of compliance and corporate IT at QTS Realty Trust, Inc. (NYSE: QTS), joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.
QTS Realty owns, operates and manages facilities nationwide, encompassing approximately 4.7 million square feet of data center infrastructure and supporting more than 850 customers. Manske said the biggest change in cybersecurity during the past year has been “the rise of the cyber state from an attacker perspective.”