REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
Greg Steele, managing director and head of REIT investment banking at Capital One Securities, Inc., joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Steele said the level of capital markets activity so far this year is “not surprising, given the backdrop of what’s been going on in the equity and bond markets.” He noted that fundamentals remain strong, along with stable cap rates, and a level of demand that well exceeds supply.
John Kessler, president and COO of Empire State Realty Trust (NYSE: ESRT), joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Empire State owns and operates office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building.
Laura Grant, director of global real estate hedging and capital markets group at Chatham Financial, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Speculation surrounding negative interest rates has been a consistent topic in 2016. Grant commented on the practical considerations for REITs and their financings.
Chris Volk, president and CEO of STORE Capital Corp. (NYSE: STOR), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
STORE is an acronym for single-tenant operational real estate, which is the company’s target market.
Mark Decker Sr., vice chairman at BMO Capital Markets, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Decker previously served as NAREIT president, and was at the helm of the association when the 1986 Tax Reform Act was passed.
Decker remarked that at the time of passage, the REIT model was not very well known, nor well-established.
Don Miller, president and CEO of Piedmont Office Realty Trust (NYSE: PDM), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Piedmont owns and manages class A office buildings located primarily in Atlanta, Boston, Chicago, Dallas, Houston, Los Angeles, Minneapolis, New York and Washington, D.C.
Miller spoke about disruptions that have occurred in the office segment.
Phil Owens, senior vice president for advisory and consulting at Green Street Advisors, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Owens commented on the newer breeds of externally advised REITs that have emerged recently.
Today, the externally advised REITs impose a single fee and operate with an alignment of interest between the external advisor and the REIT shareholders, he explained.
Justin Hutchens, chief investment officer at HCP, Inc. (NYSE: HCP), joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Earlier this year, HCP announced it would spin off its ManorCare portfolio of skilled nursing and assisted living assets into an independent, publicly traded REIT. Hutchens said the decision was made following a number of years of efforts to try to reposition the portfolio.
Dave Stockert, president and CEO of Post Properties (NYSE: PPS), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Atlanta-based Post Properties is a developer and operator of multifamily communities in the United States.
Stockert discussed supply and demand fundamentals in the company’s core markets.
