Real Estate Fund Manager Highlights Income-Oriented Return of REIT Preferred Stocks

Joel Beam, portfolio manager at Forward Management, joined REIT.com for a video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.

Beam has primary responsibility for day-to-day management of the Forward Select Income fund,  which focuses on REIT preferred stocks. Beam said the strong income-oriented return makes the preferred market attractive for investors.

“You get more safety and more income as you go up the capital stack,” he said.

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Need for More Energy Infrastructure Drives CorEnergy’s Business

David Schulte, CEO of CorEnergy Infrastructure Trust (NYSE: CORR), joined REIT.com for a CEO Spotlight video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.

CorEnergy owns midstream and downstream energy infrastructure assets in the United States that are subject to long-term triple net participating leases with energy companies. Pipelines, storage tanks, transmission lines and gathering systems are among the assets held in the firm’s portfolio.

David Schulte

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CBRE CEO Likes What He Sees in Mall REITs

T. Ritson Ferguson, CEO and CIO of CBRE Clarion Securities, joined REIT.com for a video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.

Ferguson noted that, across the board, REITs are performing well in 2014. He singled out the mall sector as the biggest surprise.

“The mall sector, especially the A-quality malls, is very strong,” Ferguson said. “We like those companies—their ability to generate cash flow growth is quite strong.”

T. Ritson Ferguson

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QTS CEO Says Diversified Services, Scale Set Company Apart

Chad Williams, president and CEO of QTS Realty Trust, Inc. (NYSE: QTS), joined REIT.com for a CEO Spotlight video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.

QTS is a national provider of data center solutions, operating 10 data centers in seven states.

With the number of companies in the data center segment increasing, Williams was asked what sets QTS apart for its customers and shareholders. Williams stressed the company’s diversified product offering and integrated technology service platform.

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BMO Banker Sees Widespread Activity in REIT Capital Markets

Mark Decker Jr., group head of U.S. real estate, lodging and leisure at BMO Capital Markets, joined REIT.com for a video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.

Decker was asked  which REIT sectors seem to be most active in the capital markets at this time.

“With the index up close to 15 percent right now, everybody is active and looking. It feels like [the office sector] has got some more wind in its sails. I think retail has some good wind in its sails,” he replied.

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Prologis: Leasing Demand From E-Commerce Sector Doubled in Last Three Years

Global leasing demand  from the e-commerce sector has doubled during the last three years, and the strong growth trend is expected to continue, according to a new report from industrial REIT Prologis, Inc. (NYSE: PLD).

“Online fulfillment is in its infancy, and we anticipate e-commerce will create significant new demand for logistics real estate well into the future,” said Chris Caton, vice president and head of Prologis’ research arm.

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Bluerock CEO Sees Strong Growth Prospects in Multifamily Rental Market

Bluerock Real Estate LLC Chairman and CEO Ramin Kamfar joined REIT.com for a CEO Spotlight video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.

The firm’s Total Income + Real Estate fund pursues a mix of 80 percent private real estate and 20 percent public real estate investments. Meanwhile, Bluerock Residential Growth REIT, Inc. (NYSE: BRG), which completed a public offering in April, is focused on institutional-quality apartment properties in demographically attractive growth markets throughout the United States.

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Health Care REIT Expanding Through Acquisitions, Development

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.”

Thomas DeRosa

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REIT Returns Outpace Broader Market in Solid First Half Showing

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.

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