REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
Gordon DuGan, CEO of Gramercy Property Trust (NYSE: GPT), joined REIT.com for a CEO Spotlight video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
Gramercy has made acquisitions in both the office and industrial sectors in 2014. DuGan said both sectors are healthy thanks in part to a dearth of new construction. The company is finding “terrific” assets on the market in the range of $ 5 million to $ 30 million.
Joel Marcus, chairman, CEO and founder of Alexandria Real Estate Equities (NYSE: ARE), joined REIT.com for a CEO Spotlight video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
Randy Churchey, president and CEO of EdR (NYSE: EDR), joined REIT.com for a CEO Spotlight video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
EdR is one of the largest developers, owners and managers of collegiate housing communities in the United States. Recently, the company completed the purchase of The District on Apache, a collegiate housing community at Arizona State University (ASU), for approximately $ 90 million.
REITs posted modest gains during November that were in line with the broader market, although year-to-date the sector continues to outperform by a solid margin.
The total return of the FTSE NAREIT All REITs Index was 2.3 percent in November. The S&P 500 Index rose 2.7 percent in November.
As of the end of November, the FTSE NAREIT All REITs Index had gained 25.8 percent in 2014, while the S&P 500 Index was up 14 percent.
Dave Stockert, president and CEO of Post Properties (NYSE: PPS), joined REIT.com for a CEO Spotlight video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
Phillip Kibel, associate managing director at Moody’s Investors Service, joined REIT.com for a video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
Kibel discussed the benefit some REITs are seeing by obtaining investment-grade credit ratings.
In the latest edition of Quick Study, Brad Case, NAREIT’s senior vice president for research and industry information, reviewed market gains in November and longer-term trends in the REIT sector.
The total returns on the FTSE NAREIT All REITs Index were 2.3 percent for November. While returns on the S&P 500 Index rose 2.7 percent last month, Case noted that REITs outperformed small and mid-sized companies.
For the year through Nov. 28, the FTSE NAREIT All REITs Index was up 25.8 percent, compared with a 14 percent gain for the S&P 500 Index.
Ted Bigman, managing director at Morgan Stanley, joined REIT.com for a video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
Bigman discussed the approach investors should take when considering global property stocks as a portion of multi-asset portfolios.
“First and foremost, they should look at them as real estate… Their returns over the medium- and long-term should track real estate,” Bigman said. Within the real estate sector, investors should view global property stocks as core real estate, he added.
Stephen Schmitz, chairman and CEO of American Residential Properties (NYSE: ARPI), and Laurie Hawkes, the company’s president and COO, joined REIT.com for a video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
American Residential Properties acquires, renovates, leases and manages single-family properties across 13 states. The company is located in Scottsdale, AZ.
Schmitz discussed the current state of the acquisitions market for single-family properties.
Jay Shah, CEO of Hersha Hospitality Trust (NYSE:HT), joined REIT.com for a CEO Spotlight video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
Hersha owns select-service hotels operated under brands that include Marriott, Hilton, Intercontinental and Hyatt, as well as a small but growing number of independent hotels. Shah addressed the different demand drivers at play in the lodging sector.
