Bluerock CEO Sees REIT Continuing Rapid Growth
Ramin Kamfar, chairman and CEO of Bluerock Residential Growth REIT, Inc. (NYSE: BRG), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Limiting Like-Kind Exchanges Would Hurt Real Estate, Study Finds
Like-kind exchanges aid the commercial real estate sector by promoting increased investment, reducing holding periods and lowering leverage levels, according to an academic study released July 9.
Also known as 1031 exchanges after Section 1031 of the Internal Revenue Code, like-kind exchanges allow individuals and businesses to defer the payment of taxes on gains made on the exchange of property held for investment or in a trade or business for “like-kind” property.
STAG Industrial CEO Says REIT Enjoying Favorable Leasing Conditions
Benjamin Butcher, president and CEO of STAG Industrial, Inc. (NYSE: STAG), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
STAG is a Boston-based REIT focused on the acquisition and operation of single-tenant, industrial properties throughout the United States.
Butcher told REIT.com that the dynamics for favorable leasing conditions have improved during the last year.
CorEnergy CEO Says REIT Focused on “Essential” Infrastructure Assets
David Schulte, president and CEO of CorEnergy Infrastructure Trust (NYSE: CORR), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
CorEnergy primarily owns midstream and downstream energy infrastructure assets that perform utility-like functions, such as pipelines, storage terminals, and transmission and distribution assets. CorEnergy is the first publicly traded infrastructure REIT focused exclusively on energy infrastructure assets.
NAREIT and Partners Sponsor University Real Estate Portfolio Challenge™
NAREIT and two other partners are sponsoring the first annual Real Confidence University Portfolio Challenge™, in which teams from 15 universities vie to create the best-performing portfolio from a mixture of real estate investments.
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.
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.
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.
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.
