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.

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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.

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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.

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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.

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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.

Lisa Sarajian

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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.

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