Skilled Nursing REIT Care Capital Hitting Targets, CEO Says

Raymond Lewis, CEO of Care Capital Properties (NYSE: CCP), joined REIT.com for a CEO Spotlight video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.

Care Capital invests with local and regional operators of skilled nursing facilities across the United States. The company spun off from Ventas, Inc. (NYSE: VTR) in 2015.

Fifteen months on from the spinoff, Lewis said the company is “exactly where we hoped we would be at this point.”

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Retail REIT Sell-Off Overdone, Mizuho Analyst Says

Haendel St. Juste, managing director at Mizuho Securities US, joined REIT.com for a video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.

St. Juste commented on the volatility in the REIT market in the second half of the year. REIT stock prices have dropped about 20 percent since August.

“Fundamentals are slowing,” St. Juste said, although they are “still good by historical standards.”

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Washington Prime CEO Stresses Need for “Dynamism” in Retail Sector

Louis Conforti, CEO of retail REIT Washington Prime Group Inc. (NYSE: WPG), joined REIT.com for a CEO Spotlight video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.

Conforti was named interim CEO of the company in June and appointed to permanent position in October. He said his top goals since taking over have been buttressing the company from an operational standpoint and practicing financial prudence.

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Monmouth Celebrating 50 Years as Public REIT

Mike Landy, president and CEO of Monmouth Real Estate Investment Corp. (NYSE: MNR), joined REIT.com for a CEO Spotlight video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.

This year marks Monmouth’s 50th anniversary as a public REIT. Landy described the milestone as a “remarkable achievement.” He noted that his father, Eugene Landy, Monmouth’s founder and chairman, is still actively involved on a daily basis.

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Lexington Realty CEO Anticipates Higher-Yielding Investment Opportunities in 2017

Will Eglin, president and CEO of Lexington Realty Trust (NYSE: LXP), joined REIT.com for a CEO Spotlight video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.

Lexington primarily makes equity and debt investments in single-tenant, net lease commercial properties across the United States. The company recently sold four land parcels with 96-year ground leases in New York. Given the long-term nature of the leases, “that was the most bond-like holding in our portfolio,” Eglin said.

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COPT CEO Anticipates Benefits from Increased Military Spending

Steve Budorick, president and CEO of Corporate Offices Properties Trust (NYSE: OFC), joined REIT.com for a CEO Spotlight video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge. Budorick succeeded Roger Waesche, Jr., as CEO of COPT in May.

COPT primarily focuses on U.S. government tenants in the defense and information technology sectors.

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Green Street Analyst Says Transportation Changes Will Impact Most Real Estate Sectors

Dave Bragg, managing director at Green Street Advisors, joined REIT.com for a video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.

Bragg discussed some of the key disruptive forces that are affecting the future of the real estate industry.  An important one is the revolution in transportation caused by the combination of ride hailing and driverless cars.

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U.S. REITs a Reference Point for International Best Practices, Green Street Consultant Says

David De La Rosa, senior vice president of advisory consulting at Green Street Advisors, joined REIT.com for a video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.

De La Rosa discussed best practices for international real estate companies. He noted that best-in-class real estate companies in the United States share a number of characteristics: high-quality portfolios, specialized investment strategies, good capital allocation, strong balance sheets and limited development pipelines.

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