Acquisitions Analyst Sees Increased Regulation for Real Estate Deals

Scott MacComb, president of Allocation Advisors, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix. Allocation Advisors prepares purchase price allocations for real estate acquisitions. MacComb gave an overview of the current regulatory environment facing REITs. “We are still in a situation where the pendulum is …

Professor Says Retirees, Millennials and Immigrants Changing Real Estate Industry

Kerry Vandel, finance professor at the University of California-Irvine, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix. Vandel cited three demographic groups that will heavily influence the real estate industry in the near future: baby boomers, millennials and immigrants. The United States has “a much …

Data Center REIT Executive Say Rise of Cyber Attacks Globally a Major Concern

Kurt Manske, vice president of compliance and corporate IT at QTS Realty Trust, Inc. (NYSE: QTS), joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix. QTS Realty owns, operates and manages facilities nationwide, encompassing approximately 4.7 million square feet of data center infrastructure and supporting more …

Lawyer: Portfolio Discounts Holding Back REIT IPOs

Mark Van Deusen, partner with the law firm Hunton & Williams LLP, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix. Van Deusen discussed some of the factors driving the market REIT initial public offerings (IPOs). First, he pointed out that portfolios in REIT IPOs traditionally …

REIT Insurance Experts Outline Changes to NAREIT D&O Insurance Program

Melissa Lishner, a director at Crystal & Co., and Michael Chu, vice president and national practice leader for REITs at Arch Insurance Group, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix. Crystal is the program administrator for NAREIT’s group Directors and Officers (D&O) Liability insurance …

Green Street Analyst Says Value of Real Estate Key to REIT Valuations

Lukas Hartwich, analyst at Green Street Advisors, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix. Hartwich outlined the various factors Green Street considers when determining the valuation of a company. “Growth is definitely a consideration,” he said. “But, first and foremost, what we look at …

STORE Capital CEO Says REIT Focusing on Profits at Asset Level

Chris Volk, president and CEO of STORE Capital Corp. (NYSE: STOR), joined REIT.com for a CEO Spotlight video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix. STORE is an acronym for single-tenant operational real estate, which is the company’s target market. The Scottsdale, Ariz.-based company held an initial public offering …

QTS General Counsel Says REIT Lawyers More Integrated in Businesses

Shirley Goza, general counsel at QTS Realty Trust, Inc. (NYSE: QTS), joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix. Goza discussed the role of REIT general counsel as in-house gatekeeper and how the position has evolved. “There’s always been the expectation that both in-house and …

REIT Governance Specialist Says Succession Planning Should Include All Senior Management

Jim Hanks, a senior partner at Venable LLP, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix. Hanks discussed the growing importance of succession planning. “I see it as a major item on a continuing basis, as it should be,” he said. Hanks highlighted a number …

Deloitte Partner Discusses Impact of FASB Rules on REITs

Chris Dubrowski, partner at Deloitte LLP, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix. Dubrowski outlined how companies are preparing for the new revenue recognition standard issued by the Financial Accounting Standards Board (FASB). He acknowledged the difficulty in understanding new rules until they are …