Broadstone Real Estate is expanding its focus—and investor base—under CEO Amy Tait.
Study: REITs Raising Investment in Sustainability, Growing Returns
REITs’ investments in sustainability keep rising, as do their returns on those investments, according to research on NAREIT’s Leader in the Light (LITL) program.
Physicians Realty Trust Capitalizing on Shift to Outpatient Real Estate
John Thomas, president and CEO of Physicians Realty Trust (NYSE: DOC), joined REIT.com for a CEO Spotlight video interview at NAREIT’s 2015 Washington Leadership Forum.
MCR CEO Sees “Rich” Acquisition Environment for Hotel Real Estate
Tyler Morse, CEO of MCR Development, joined REIT.com for a CEO Spotlight video interview at NAREIT’s 2015 Washington Leadership Forum.
MCR Development maintains an active renovation platform and is currently renovating approximately 30 hotels in its portfolio. Morse said the firm is focusing on renovations that “impact the consumers most directly.” These include changes to rooms to accommodate personal electronic devices.
Inland Real Estate CEO Says Economic Fundamentals Support Strategy
Mitchell Sabshon, CEO of Inland Real Estate Investment Corp., joined REIT.com for a CEO Spotlight video interview during NAREIT’s 2015 Washington Leadership Forum.
Inland sponsors non-listed REITs and also offers privately placed real estate transactions. In 2014, the two businesses made combined acquisitions of almost $ 1.3 billion, according to Sabshon.
Inland focuses primarily on multi-tenant retail properties, especially shopping center-anchored assets, as well as apartment buildings.
Hiring in Real Estate on the Rise, Study Shows
In the latest episode of the NAREIT Podcast, Susan Phillips, CEO of SelectLeaders, discussed trends in hiring in the real estate industry.
Investment Strategist Remains Optimistic About Lodging, Suburban Office Real Estate
Tim Pire, managing director with Heitman, joined REIT.com for a video interview at NAREIT’s 2015 Washington Leadership Forum.
Pire said he remains optimistic with regard to prospects in the lodging and suburban office markets. The lodging sector is benefitting from continuing improvement in the economy and limited supply, Pire said. Corporate earnings reports and forecasts for 2015 have also been positive, he noted. Suburban office, meanwhile, has benefitted from the expansion in employment, Pire said.
Crown Castle CEO Says Investors Beginning to Appreciate REIT’s Growth Story
Ben Moreland, president and CEO of Crown Castle International Corp. (NYSE: CCI), joined REIT.com for a video interview during NAREIT’s 2015 Washington Leadership Forum.
Crown Castle, which became a REIT in January 2014, is the nation’s largest provider of shared wireless infrastructure. Moreland reflected on developments at Crown Castle during the past year.
Sector Focus: Industrial REITs Could Benefit from Increased Space Demands in 2015
Demand for industrial space is expected to remain healthy for the rest of 2015, supported by solid economic fundamentals, rising consumer demand and the continued expansion of e-commerce, according to market watchers.
A report from the NAIOP Research Foundation forecasts net demand for industrial space could grow 8 percent in 2015, up from 224 million square feet in 2014.
Apartment REITs Still Have Room to Grow, CEO Says
Ed Pettinella, president and CEO of Home Properties Inc. (NYSE: HME), joined REIT.com for a CEO Spotlight video interview at NAREIT’s 2015 Washington Leadership Forum.
Pettinella speculated that the apartment market in Washington, D.C., would start to recover in the second half of 2015. He noted that job growth is returning in the area following a period of government spending cuts. Additionally, the supply of apartment units in the region is expected to peak this year.
