Four REITs have been named 2014 ENERGY STAR award winners by the Environmental Protection Agency (EPA) and the Department of Energy.
Ramco-Gershenson Director on Pressing REIT Tax Issues
Shari Thakady, director of tax at Ramco-Gershenson Properties Trust (NYSE: RPT), joined REIT.com for a video interview during REITWise 2014: NAREIT’s Law, Accounting and Finance Conference held in Boca Raton, Fla.
Ramco-Gershenson’s primary business is the ownership and management of multi-anchor shopping centers in strategic metropolitan markets throughout the Eastern, Midwestern and Central United States.
Thakady was asked to comment on the range of tax issues facing REIT tax directors and the ones causing the most concern.
NYSE Executive Says REIT IPO Pipeline Relatively Dry
Ron Bohlert, managing director of the global corporate client group of the NYSE, joined REIT.com for a video interview during REITWise 2014: NAREIT’s Law, Accounting and Finance Conference held in Boca Raton, Fla.
Bohlert was asked to discuss some of the initial trends in the market for REIT initial public offerings (IPOs) in 2014. Bohlert described the 2013 IPO market as “incredibly active.” Overall, 230 companies listed on the NYSE last year, generating approximately $ 55 billion in new capital. Seventeen REITs listed and raised a combined total of $ 4.5 billion.
Agree Realty Appealing to Web-Resistant Retail Tenants
Twenty years after its initial public offering (IPO), Agree Realty Corp. (NYSE: ADC) is concentrating on deploying capital into the net lease industry across a range of Web-resistant retail sectors.
The REIT has assets in 34 states, and it is actively acquiring and developing more across the country. Agree Realty’s current roster of net lease tenants includes CVS, Rite Aid, Walgreens, Wawa, Kmart, Kohl’s, McDonald’s and Applebee’s.
REIT Market Gradually Improving, Fund Manager Says
Jay Leupp, managing director and senior portfolio manager with Lazard Asset Management, joined REIT.com for a video interview at the St. Regis Hotel in Washington, D.C. during NAREIT’s 2014 Washington Leadership Forum.
Leupp offered his analysis of the start of 2014 for the REIT market.
Deloitte Analyst Sees Strong Interest in Non-traditional REITs
Bob O’Brien, partner and U.S. and global real estate services leader at Deloitte & Touche, joined REIT.com for a video interview during REITWise 2014: NAREIT’s Law, Accounting and Finance Conference held in Boca Raton, Fla.
O’Brien was asked to comment on the changing nature of real estate as witnessed within the REIT industry. O’Brien noted that a whole series of alternative or non-traditional REITs have come to the market over the past few years in segments including timber, cell towers and data centers.
Four REITs Named 2014 ENERGY STAR Award Winners
Governance Specialist Says Disclosure Key with Compensation
Sabra Health Anticipating Record Investment in 2014
Rick Matros, chairman and CEO of Sabra Health Care REIT (NASDAQ: SBRA), joined REIT.com for a video interview at the St. Regis Hotel in Washington, D.C. during NAREIT’s 2014 Washington Leadership Forum.
Sabra has recently expanded into Nebraska and Texas, and Matros was asked if further investment could be expected.
Matros explained that Sabra has indicated that it expects to invest in the range of $ 350 million to $ 450 million this year, making it “our best year up to this point.”
S&P Analyst Says REITs Using Debt for Growth
Lisa Sarajian, managing director at Standard & Poor’s Ratings Agency, joined REIT.com for a video interview during REITWise 2014: NAREIT’s Law, Accounting and Finance Conference held in Boca Raton, Fla.
Sarajian was asked about the state of the market for the bonds and preferred stocks of REITs.
