Seritage Expected to Approach $1 Billion in New Development by Year-End

Seritage Expected to Approach $1 Billion in New Development by Year-End Benjamin Schall, president and CEO of Seritage Growth Properties (NYSE: SRG), joined REIT.com for a CEO Spotlight video interview at REITWeek 2017: NAREIT’s Investor Forum at the New York Hilton Midtown. Seritage is the real estate spinoff of Sears Holding Corp. It began trading …

Ventas Expanding Presence in Life Science Real Estate

Ventas Expanding Presence in Life Science Real Estate Debra Cafaro, chairman and CEO of health care REIT Ventas, Inc. (NYSE: VTR), joined REIT.com for a CEO Spotlight video interview at REITWeek 2017: NAREIT’s Investor Forum at the New York Hilton Midtown. Cafaro described Ventas as an “investment machine” that has entered some “exciting” business lines …

Retail REIT Regency Centers to Buy Equity One in $4.6 Billion Deal

Retail REIT Regency Centers Corp. (NYSE:REG) said Nov. 14 it will acquire Equity One, Inc. (NYSE:EQY) in an all-stock deal that values Equity One at approximately $ 4.6 billion. The merger of the two shopping center REITs will create a national portfolio of 429 properties spread with more than 57 million square feet of space, …

Veteran REIT Observer Sees Continued Growth for Industry

Ken Campbell, co-founder of CBRE Clarion Securities, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York. Campbell, a long-time REIT industry observer, founded the first REIT-dedicated publication, Realty Trust Review, in 1970. According to Campbell, the REIT industry still has plenty of room to grow. News

STAG Industrial Continuing to Acquire Assets

Ben Butcher, CEO of STAG Industrial, Inc. (NYSE: STAG), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York. STAG is a Boston-based REIT focused on the acquisition and operation of single-tenant, industrial properties throughout the United States. News

REITs “Appropriately Valued” Versus Equities and Bonds, Analyst Says

John Guinee, managing director at Stifel Nicolaus, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York. Guinee discussed the valuation of REITs relative to the broader equity and bond markets. According to Guinee, REITs are “appropriately valued right now.” Guinee noted that REITs have outperformed the …

Portfolio Manager Says Top-Tier Malls “Thriving”

Scott Craig, vice president and portfolio manager at Eaton Vance Management, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York. Craig shared his views on interest rate movements and their likely impact on REIT stocks. He stressed that real estate is a long-duration asset class. “The …

Self-Storage Consolidation Driven by Scale Benefits, CEO Says

Arlen Nordhagen, chairman, president and CEO of National Storage Affiliates (NYSE: NSA), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York. National Storage currently owns 318 self-storage facilities located in 18 states. Nordhagen said the company’s decision to increase its quarterly dividend by 10 …

PGIM Portfolio Manager Sees Disconnect in REIT Stock Prices

Rick Romano, managing director and portfolio manager at PGIM Real Estate , joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York. Romano commented on the surprise developments he has seen in the REIT market so far this year. One of the biggest surprises, according to Romano, …