Customer Experience the New Mantra for Retail REITs
Regency Centers Sells $250 Million of 10-Year ‘Green Bonds’
Shopping center REIT Regency Centers Corp. (NYSE: REG) has completed the sale of $ 250 million of 10-year “green bonds,” the first time a U.S. REIT has issued bonds that exclusively target investment in environmental sustainability projects.
Lisa Palmer, Regency Centers’ CFO, said market reaction to the bonds was “extremely positive.”
Derivatives Specialist Says REITs Adapting to Fed’s Tapering
Podcast: Daniel Mense, Ness Holdings
Daniel Mense, director with Ness Holdings, Inc., discussed some of the latest trends in Los Angeles real estate, including international investment in the market, in the latest edition of the NAREIT Podcast.
Mense has written that he is observing growth in the number of smaller and mid-size real estate deals being made in L.A. by larger instiutional investors. Mense said that is especially true in the multifamily and industrial sectors.
Seven REITs Named as 2014 Green Lease Leaders
Seven REITs have been named as 2014 Green Lease Leaders by a new program that recognizes property owners, tenants and brokers who are effectively using leases to save energy in commercial buildings.
Fundamentally Speaking: Encouraging Signs in Apartment, Office Sectors
In the latest edition of Fundamentally Speaking, Calvin Schnure, NAREIT’s vice president of research and industry information, discussed some encouraging trends in the office and apartment sectors during the first quarter of 2014.
Schnure noted that the apartment sector witnessed another decline in vacancy rates in the first quarter, reaching a new low for the cycle. The office sector also saw some improvement in vacancy rates, although rates are still several percentage points above what would be considered “normal” in a healthy market, he said.
Quick Study: April a Strong Month for REITs
In the latest edition of Quick Study, Brad Case, NAREIT’s senior vice president for research and industry information, offered an analysis of how the REIT market performed in April and what has driven REIT performance so far in 2014.
Goodwin Procter Lawyer Says Shareholder Activism Uncommon for REITs
Viewpoint: Rise of Female Leaders a Boon to Real Estate Business
The commercial real estate industry has experienced a fundamental shift in recent years as more women than ever are pursuing career paths within the field that have the potential to lead to a seat in the boardroom.