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Morgan Stanley Banker Says Property Values “Healthy”

Seth Weintrob, managing director at Morgan Stanley, joined REIT.com for a video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.

Weintrob commented on the current level of property valuations and the implications for deal-making.

“Property values are definitely healthy. The values of all assets these days are healthy, and in some sense, when you look at U.S. real estate, there’s a little bit of a Goldilocks environment from an investor standpoint,” Weintrob said.

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Chilton Capital Fund Manager Says REITs Should be Trading at Higher Premiums to NAV

Matt Werner, portfolio manager and analyst at Chilton Capital Management, joined REIT.com for a video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.

Given the outperformance of the REIT market compared with broader market indices in 2014, Werner commented on REIT valuation levels.

“Any time the market goes up by almost 30 percent, you’re going to have questions about valuation,” Werner said.

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Green Street Consultant Says New REITs Unlocking Value of Real Estate Assets

Matt Wokasch, vice president for advisory and consulting with Green Street Advisors, joined REIT.com for a video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.

Wokasch offered his opinion on the most influential trends affecting the REIT market in 2014. He noted that management teams of C corporations have been trying to monetize the value of their real estate holdings.

Matt Wokasch

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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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