Posts

Posted on

Data Center REIT Executive Says Rise of Cyber Attacks Globally a Major Concern

Kurt Manske, vice president of compliance and corporate IT at QTS Realty Trust, Inc. (NYSE: QTS), joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.

QTS Realty owns, operates and manages facilities nationwide, encompassing approximately 4.7 million square feet of data center infrastructure and supporting more than 850 customers. Manske said the biggest change in cybersecurity during the past year has been “the rise of the cyber state from an attacker perspective.”

News

Posted on

Deloitte Analyst Says Chinese Interest in U.S. Real Estate Remains Firm

Bob O’Brien, partner and U.S. real estate services leader at Deloitte, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.

O’Brien discussed the rise in Chinese foreign investment , as well as the possibilities for a REIT regime in China.

O’Brien noted that Chinese investment in the United States has increased about seven-fold in the past five years, and real estate accounts for a significant portion of that growth.

News

Posted on

Audit Specialist Views Fair Value Accounting as Major Change in Financial Reporting

Greg Ross, audit partner at Grant Thornton LLP, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.

According to Ross, one of the biggest changes in financial reporting that he has witnessed is the change related to fair value accounting.

“Investors want it, so there are a lot more items on the balance sheet today with fair value implications,” Ross said.

News

Posted on

Valuation Differences Could Mean More REIT Deals, Lawyer Says

David Slotkin, partner at Morrison & Foerster, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.

Slotkin discussed recent changes in shareholder activism within the REIT industry.

“What you are seeing now is that the broader shareholder activism in other industries and larger companies is seeping into the REIT space,” Slotkin said. He pointed to various sources of activism, including hedge funds and traditional dedicated investors.

News

Posted on

Blackstone’s Single-Family Rental Venture Could Go Public in Next Two Years

Jonathan Gray, global head of real estate at private-equity firm The Blackstone Group, said he expects the company’s single-family rental platform will be in a position to go public within the next one to two years.

Speaking April 23 at the Real Estate Luminaries Series at Georgetown University’s Steers Center for Global Real Estate, Gray said Blackstone is in the process of “building something that will look like an apartment REIT.”

News

Posted on

Acquisitions Analyst Sees Increased Regulation for Real Estate Deals

Scott MacComb, president of Allocation Advisors, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.

Allocation Advisors prepares purchase price allocations for real estate acquisitions. MacComb gave an overview of the current regulatory environment facing REITs.

“We are still in a situation where the pendulum is swinging in the direction of increased regulation,” he said.

News

Posted on

Professor Says Retirees, Millennials and Immigrants Changing Real Estate Industry

Kerry Vandel, finance professor at the University of California-Irvine, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.

Vandel cited three demographic groups that will heavily influence the real estate industry in the near future: baby boomers, millennials and immigrants.

The United States has “a much larger immigrant pool than we’ve had in the past,” Vandel said.

Vandel noted that those three demographic groups can be broken down further by wealth.

Kerry Vandel

News

Posted on

Data Center REIT Executive Say Rise of Cyber Attacks Globally a Major Concern

Kurt Manske, vice president of compliance and corporate IT at QTS Realty Trust, Inc. (NYSE: QTS), joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.

QTS Realty owns, operates and manages facilities nationwide, encompassing approximately 4.7 million square feet of data center infrastructure and supporting more than 850 customers. Manske said the biggest change in cybersecurity during the past year has been “the rise of the cyber state from an attacker perspective.”

News

Posted on

Lawyer: Portfolio Discounts Holding Back REIT IPOs

Mark Van Deusen, partner with the law firm Hunton & Williams LLP, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.

Van Deusen discussed some of the factors driving the market REIT initial public offerings (IPOs). First, he pointed out that portfolios in REIT IPOs traditionally face a discount. That creates an impediment, Van Deusen said, especially in environments in which capital is flowing into the real estate market from private sources.

Mark Van Deusen

News

Proudly powered by WordPress