Andrew McCulloch, managing director and head of real estate analytics at Green Street Advisors, joined REIT.com for a video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
SoTHERLY Hotels CEO Says Last Nine Months Best in Company’s History
Drew Sims, chairman and CEO of SoTHERLY Hotels Inc. (NASDAQ: SOHO), 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.
SoTHERLY owns full-service hotels primarily located in the high-growth markets of the southern United States.
Sims said the last nine months have been the best in the nearly 60 year history of the company.
S&P Credit Analyst: REITs Ready to Absorb Interest Rate Hikes
Lisa Sarajian, managing director with Standard & Poor’s Rating Services, joined REIT.com for a video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
S&P’s annual report on the REIT industry offered a positive outlook for the coming year. Sarajian attributed the optimism to a strengthening economy, which is building up business and consumer confidence. As a result, companies are enjoying “solid” operating fundamentals, according to Sarajian. She noted that occupancy rates have improved for all sectors.
CMBS Market Boosted By Positive Fundamentals as 2014 Comes to Close
The commercial mortgage backed securities (CMBS) market is expected to end 2014 on solid footing, with loan delinquency rates falling and new issuance likely to surpass last year’s level, according to market observers.
The CMBS delinquency rate fell to 5.8 percent in November, its lowest level in five years, Trepp, LLC reported. As of Dec. 1, delinquencies have fallen 163 basis points, down from 7.4 percent in December 2013, according to Trepp.
Cousins Properties CEO Reviews Strategic Repositioning of Office Portfolio
Larry Gellerstedt, president and CEO of Cousins Properties (NYSE: CUZ), 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.
Starwood Waypoint Strives for Brand Recognition
Gary Beasley, co-CEO of Starwood Waypoint Residential Trust (NYSE: SWAY), 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.
Based in Oakland, Calif., Starwood Waypoint acquires, renovates, leases, maintains and manages single-family homes. Beasley discussed the importance of creating a strong brand for the company.
CubeSmart CEO Says 2014 Capital Raising Funding Acquisitions and Development
Christopher Marr, president and CEO of CubeSmart L.P. (NYSE: CUBE), 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.
CubeSmart owns and operates self-storage facilities in the United States and Puerto Rico. At the end of the third quarter, CubeSmart owned 390 facilities with an occupancy level of 91.5 percent.
BAML Banker Reviews REIT Capital Market Activity in 2014
Jeff Horowitz, global head of real estate, gaming and lodging at Bank of America Merrill Lynch, joined REIT.com for a video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
Horowitz gave an overview of REIT capital market activity in 2014. According to Horowitz, REITs have raised about $ 55 billion this year, comprised of $ 25 billion in equity, $ 2 billion in preferred stock and the remainder in unsecured debt.
Broadstone Real Estate CEO Expects Capital Boost in 2015
Amy Tait, chairman, president and CEO of Broadstone Real Estate LLC, 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.
Retail Properties of America CEO Expects Increased Retail Strength in 2015
Steven Grimes, president and CEO of Retail Properties of America, Inc. (NYSE: RPAI), 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.
Retail Properties of America is one of the largest owners and operators of shopping centers in the country. The firm owns a diversified mix of assets that includes power centers, community centers and lifestyle centers.
