Ramin Kamfar, chairman and CEO of Bluerock Residential Growth REIT, Inc. (NYSE: BRG), joined REIT.com for a CEO Spotlight video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
Raymond James Banker Sees Fundamentals in Place for REIT Capital Formation
Vivek Seth, managing director and head of real estate investment banking at Raymond James, joined REIT.com for a video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
During REITWorld 2014, Seth moderated a panel focusing on trends in the capital markets. According to Seth, some of the main themes that emerged from the panel included the robustness of the markets and capital flows today, as well as the earnings power that REITs currently enjoy.
Spirit Realty Capital CEO Reviews Active Year for Acquisitions
Thomas Nolan, chairman and CEO of Spirit Realty Capital (NYSE: SRC), joined REIT.com for a CEO Spotlight video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
Scottsdale, Ariz.-based Spirit Realty Capital was formed in 2003 to purchase single-tenant, net lease properties. The company’s portfolio consists of approximately 2,100 properties across 48 states.
Moody’s Analyst Says REITs Using Unsecured Debt to Refinance Portfolios
Merrie Frankel, vice president and senior credit officer at Moody’s Investors Service, joined REIT.com for a video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
Frankel offered insights into the increasing number of REITs that are obtaining investment-grade credit ratings. She emphasized that liquidity in the market is an important factor.
“It’s access to the public debt market. It’s the ability to finance your assets, your growth, your company with the best instrument at the best spreads,” she said.
Green Street Analyst Says Asset Values at Previous Market Peaks
SoTHERLY Hotels CEO Says Last Nine Months Best in Company’s History
Drew Sims, chairman and CEO of SoTHERLY Hotels Inc. (NASDAQ: SOHO), joined REIT.com for a CEO Spotlight video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
SoTHERLY owns full-service hotels primarily located in the high-growth markets of the southern United States.
Sims said the last nine months have been the best in the nearly 60 year history of the company.
S&P Credit Analyst: REITs Ready to Absorb Interest Rate Hikes
Lisa Sarajian, managing director with Standard & Poor’s Rating Services, joined REIT.com for a video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
S&P’s annual report on the REIT industry offered a positive outlook for the coming year. Sarajian attributed the optimism to a strengthening economy, which is building up business and consumer confidence. As a result, companies are enjoying “solid” operating fundamentals, according to Sarajian. She noted that occupancy rates have improved for all sectors.
CMBS Market Boosted By Positive Fundamentals as 2014 Comes to Close
The commercial mortgage backed securities (CMBS) market is expected to end 2014 on solid footing, with loan delinquency rates falling and new issuance likely to surpass last year’s level, according to market observers.
The CMBS delinquency rate fell to 5.8 percent in November, its lowest level in five years, Trepp, LLC reported. As of Dec. 1, delinquencies have fallen 163 basis points, down from 7.4 percent in December 2013, according to Trepp.
Cousins Properties CEO Reviews Strategic Repositioning of Office Portfolio
Larry Gellerstedt, president and CEO of Cousins Properties (NYSE: CUZ), joined REIT.com for a CEO Spotlight video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
Starwood Waypoint Strives for Brand Recognition
Gary Beasley, co-CEO of Starwood Waypoint Residential Trust (NYSE: SWAY), joined REIT.com for a CEO Spotlight video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
Based in Oakland, Calif., Starwood Waypoint acquires, renovates, leases, maintains and manages single-family homes. Beasley discussed the importance of creating a strong brand for the company.