CatchMark Timber CEO Expects Uptick in REIT’s Acquisition Activity

Jerry Barag, president and CEO of CatchMark Timber Trust, Inc. (NYSE: CTT), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Barag began the interview with an overview of the company’s acquisition activity. He noted that the first half of 2015 has been quite different from 2014. Whereas 2014 saw a steady stream of medium-sized deals, the first half of 2015 has seen either very large deals or very small ones.

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REITs Lose Ground In First Half on Interest Rate Concerns

REIT returns lost ground in the first half of 2015, in part over expectations of the potential market impact of rising interest rates.

For the year to July 6, total returns from the FTSE/NAREIT All REIT Index declined 3.2 percent. The S&P 500 was up 1.5 percent during the same period. The yield on the 10-year Treasury note gained 0.1 percent during that time.

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SoTHERLY Hotels CEO says REIT’s Group Travel Activity Boosting ADR

Andrew Sims, chairman and CEO of SoTHERLY Hotels Inc. (NASDAQ: SOHO), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

SoTHERLY owns a portfolio of full-service hotels primarily located in the high-growth markets of the Southern United States.

Group travel has been a catalyst for growth at SoTHERLY so far this year. Sims discussed factors behind those gains.

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InvenTrust Properties CEO says REIT Focused on Refining Operations

Thomas McGuinness, president and CEO of InvenTrust Properties Corp., joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

InvenTrust is a public non-listed REIT that focuses on open air retail and student housing real estate. The company became self-managed last year, spun off its lodging platform in February and adopted a new name in April. InvenTrust was formerly known as Inland American Real Estate Trust, Inc.

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CatchMark Timber CEO Sees REIT’s Acquisition Activity Higher in Second Half

Jerry Barag, president and CEO of CatchMark Timber Trust, Inc. (NYSE: CTT), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Barag began the interview with an overview of the company’s acquisition activity. He noted that the first half of 2015 has been quite different from 2014. Whereas 2014 saw a steady stream of medium-sized deals, the first half of 2015 has seen either very large deals or very small ones.

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Chatham Lodging CEO says REIT Benefitting From Solid Business Demand

Jeffrey Fisher, chairman, president and CEO of Chatham Lodging Trust (NYSE: CLDT), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Chatham invests primarily in extended-stay select service and full service hotels in the 25 largest metropolitan markets in the United States.

Fisher discussed Chatham’s pricing power with regard to room rates.

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Portfolio Adviser Says REITs Improve Long-Term Returns

In the latest episode of the NAREIT Podcast, Creede Murphy, vice president and investment analyst with American Assets Capital Advisers, discussed his firm’s research on REITs’ role in optimized investment portfolios.

Murphy said performance data show REITs have “typically” outperformed major asset classes over “just about any [long-term] time period.” REITs do have “slightly higher” volatility than stocks, according to Murphy.

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WP Glimcher CEO Excited About REIT’s Future

Michael Glimcher, vice chairman and CEO of WP Glimcher (NYSE: GRT), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Glimcher helped oversee the merger between Glimcher Realty Trust and Washington Prime in 2014 that led to the formation of WP Glimcher in January. Glimcher said the newly formed company is building across all retail sectors.

Michael Glimcher

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Fibras Adopting REIT Best Practices, Analyst Says

David de la Rosa, vice president with Green Street Advisors, joined REIT.com for a video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

De la Rosa offered some insights into the growing fibra market in Mexico. Fibras, the country’s version of REITs, were introduced in Mexico in 2004. The first fibra listed in Mexico in 2011. The country is now home to nine listed fibras with a total market capitalization of $ 18 billion.

David de la Rosa

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