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Green Street Analyst Says Class-A Malls Attractively Priced Cedrik Lachance, director of U.S. REIT research at Green Street Advisors, joined REIT.com for a video interview at REITWise 2017: NAREIT’s Law, Accounting & Finance Conference in La Quinta, California. Lachance discussed the overall direction of real estate values. He explained that Green Street compares private market …

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Fundamental Thesis of REITs Should Continue Under Tax Reform, Sullivan & Worcester Partner Says Ameek Ponda, tax partner at Sullivan & Worcester LLP, joined REIT.com for a video interview at REITWise 2017: NAREIT’s Law, Accounting & Finance Conference in La Quinta, California. Ponda described 2016 as a “momentous year” in terms of REIT taxation developments. …

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Global Medical REIT Building Portfolio of Medical Facilities When Global Medical REIT Inc. (NYSE: GMRE) went public last summer, the company set its sights on a specific niche within the health care real estate sector: licensed medical treatment facilities. The company has focused on transactions in the range of $10 million to $50 million, and …

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Kimco’s Approach Evolves at Wilde Lake Village Center The closure of a supermarket in Columbia, Maryland, more than 10 years ago forced Kimco Realty Corp. (NYSE: KIM) to take a fresh look at the retail-only strategy for its shopping centers. Now, the site of the shuttered grocery store embodies the retail REIT’s efforts to turn …

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FASB Leases Standard to Offer Clearer View of Corporate Liability, Analyst Says Ross Prindle, managing director and practice leader in the real estate advisory group of Duff & Phelps, joined REIT.com for a video interview at REITWise 2017: NAREIT’s Law, Accounting & Finance Conference in La Quinta, California. Prindle participated in a REITWise panel discussion …

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NYSE Official Says REIT IPO Market Off to Active Start in 2017 Ron Bohlert, sector leader of the real estate and insurance group at the New York Stock Exchange (NYSE), joined REIT.com for a video interview at REITWise 2017: NAREIT’s Law, Accounting & Finance Conference in La Quinta, California. Bohlert commented that 2017 is off …

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REITs Need to Closely Monitor State Tax Issues, EY Partner Says Michele Randall, tax partner at EY, joined REIT.com for a video interview at REITWise 2017: NAREIT’s Law, Accounting & Finance Conference in La Quinta, California. Randall commented on the level of uncertainty surrounding state tax issues, urging REITs to “keep state taxes at the …

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REITs Move Lower in March REIT returns were lower in March, as investors took a cautious approach toward the sector, market watchers said. The total returns of the FTSE NAREIT All REITs Index dropped 1.4 percent in March, while the S&P 500 posted a return of 0.1 percent. Total returns of the FTSE/NAREIT All Equity …

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Gladstone Land Benefitting from Demand for Organic Produce According to Gladstone Land Corp. (NASDAQ: LAND), the expanding organic produce section in your local supermarket is a positive sign for the farmland REIT’s long-term health. The company expects increased consumer demand for organic fruits and vegetables will continue to bolster the value of farmland in its …

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REITs Post Solid Earnings Growth in 4th Quarter of 2016 From an operating standpoint, REITs posted a strong performance in the fourth quarter of 2016, according to the latest data available from NAREIT’s T-Tracker. Notably, funds from operations (FFO) grew 7.5 percent from the previous quarter and 20.5 percent from the year-earlier period. Nine of …

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