Debra Cafaro, Keith Pauley Receive REIT Industry Awards

Ventas CEO Debra Cafaro and NAREIT Chair David Neithercut

NAREIT presented its Industry Leadership and Industry Achievement Awards in Atlanta on Nov. 5 during REITWorld 2014: NAREIT’s Annual Convention for All Things REIT to Debra Cafaro and Keith Pauley, respectively.

The Edward H. Linde Leadership Award, named in recognition of Ed Linde, the late CEO of Boston Properties (NYSE: BXP), was awarded to Debra Carafo, chairman and CEO of health care REIT Ventas, Inc. (NYSE: VTR). The award is presented annually to a REIT executive who has made significant and lasting contributions to the growth and betterment of the industry.

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REITs Make Gains in October, Continue to Outperform Broader Market

REITs made gains in October and continued to outperform the broader stock market, supported by solid earnings reports and growing momentum in the economy.

The total return on the FTSE NAREIT All REITs Index was up 8.7 percent for the month after dropping 5.6 percent in September. The S&P 500 Index rose 2.4 percent in October. As of the end of October, the FTSE NAREIT All REITs Index had gained 23 percent, while the S&P 500 was up 11 percent.

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