REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
Thomas DeRosa, CEO of Health Care REIT, Inc. (NYSE: HCN), joined REIT.com for a CEO Spotlight video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.
The health care REIT sector has seen a heightened level of activity in 2014 on both the transactions and capital markets front. Health Care REIT completed a major equity offering earlier in the year that netted the company $ 1 billion in fresh capital. DeRosa called his company’s pipeline for acquisitions “very strong.”
REIT returns doubled up the broader market during the first half of 2014, helped by low interest rates and muted supply, according to industry observers.
As of July 7, the FTSE NAREIT All REITs Index has had a total return of 16 percent, compared with 8.1 percent for the S&P 500 Index.
“The first half of the year has surprised us a little bit with how strong the REIT performance has been,” said Todd Lukasik, Morningstar senior analyst.
Matt Werner, portfolio manager at Chilton Capital Management, joined REIT.com for a video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.
In January, Chilton launched the Chilton Realty Income & Growth Fund, which invests in equity REITs and other real estate-related entities. Werner said the fund operates a “top-down process” that considers geographic regions, property types, fundamentals and demographic trends. The information is then entered into Chilton’s proprietary earnings models, which then builds a target price, Werner explained.
Scott Peters, chairman, president and CEO of Healthcare Trust of America, Inc. (NYSE: HTA), joined REIT.com for a CEO Spotlight video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.
Founded in 2006, Healthcare Trust owns and operates medical office buildings. Ninety-six percent of its buildings are located on hospital campuses or aligned with health care systems.
Kevin Shields, chairman and CEO of Griffin Capital Corp., joined REIT.com for a CEO Spotlight video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.
Griffin Capital is a privately held investment and management company that sponsors real estate investment platforms.
Joey Agree, president and CEO of Agree Realty Corp. (NYSE: ADC), joined REIT.com for a CEO Spotlight video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.
Agree Realty is celebrating the 20th anniversary of its listing on the New York Stock Exchange in 1994. The anniversary represents more than just an “important corporate milestone,” according to the company’s CEO.
“It demonstrates the core competencies of the people and the core values that we have as an organization,” Agree said.
Steven Marks, managing director with Fitch Ratings, joined REIT.com for a video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.
While Fitch Ratings looks at REIT’s capital structures on a case-by-case basis, Mark said the ratings agency has found widespread improvement in REITs’ use of leverage.
Ken Bernstein, president and CEO of Acadia Realty Trust (NYSE: AKR), joined REIT.com for a CEO Spotlight video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.
Acadia Realty has closed on five acquisitions in 2014 and has more in its pipeline. Bernstein acknowledged that the marketplace is “competitive.” The company’s niche focus on “dense, high street retail” in the East Coast and Chicago has played to its advantage, according to Bernstein.
In the competitive world of retail, mall operators and their tenants have an advantage that Daphne Carmeli, founder and CEO of same-day delivery service Deliv, is working to exploit: inventory that is conveniently located to a large number of consumers.
Bill Hankowsky, chairman, president and CEO of Liberty Property Trust (NYSE: LPT), joined REIT.com for a CEO Spotlight video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.
