Net Lease REIT VEREIT Making Headway on Investment Grade Metrics

Glenn Rufrano, CEO at VEREIT, Inc (NYSE: VER), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

VEREIT owns and manages a diversified portfolio of retail, restaurant, office and industrial real estate assets subject to long-term net leases.

In May, VEREIT doubled the size of its initial bond offering to $ 1 billion. Rufrano said actual demand for the offering totaled $ 5.5 billion.

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REIT M&A Activity More Public-to-Public Than in Previous Years, Barclays Says

Ragavan Bala, managing director of real estate investment banking group and head of real estate mergers and acquisitions (M&A) at Barclays PLC, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Bala noted that REIT M&A activity levels are generally consistent with the last couple of years, but the type of activity has changed. Whereas three to four years ago activity was mainly driven by nontraded REITs, activity in 2016 has been more public-to-public, he said.

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TIER REIT Says Fundamentals “Very Strong” in Core Markets

Scott Fordham, president and CEO of TIER REIT (NYSE: TIER), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Dallas-based TIER REIT operates a portfolio of office properties in select markets that lead the nation in both population and office-using employment growth.

Fordham said fundamentals remain “very strong” in TIER REIT’s core markets of Austin, Texas; Dallas; Atlanta; Nashville, Tennessee; Charlotte, North Carolina; and Denver.

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E-Commerce Impact Still in “Early Innings,” Prologis Says

Chris Caton, global head of research at Prologis Inc. (NYSE: PLD), joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Prologis owns and operates industrial real estate focused on global and regional markets across the Americas, Europe and Asia.

Caton addressed the reasons why there has been such a strong market for industrial real estate.

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Energy Infrastructure REIT CorEnergy Unscathed by Tenant Bankruptcies

Dave Schulte, president and CEO of CorEnergy Infrastructure Trust, Inc. (NYSE:CORR), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

CorEnergy primarily owns midstream and downstream energy infrastructure assets that perform utility-like functions, such as pipelines, storage terminals, and transmission and distribution assets.

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Modest Pickup in REIT IPO Activity Possible, Investment Banker Says

Greg Steele, managing director and head of REIT investment banking at Capital One Securities, Inc., joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Steele said the level of capital markets activity so far this year is “not surprising, given the backdrop of what’s been going on in the equity and bond markets.” He noted that fundamentals remain strong, along with stable cap rates, and a level of demand that well exceeds supply.

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