Real Estate Fundamentals Look Solid, Says REIT Analyst

Paul Adornato, managing director at BMO Capital Markets, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York. Adornato said most real estate sectors are “looking pretty good” for the second half of the year: Although November’s general election is a “wild card,” the economy remains on …

Hotel REITs Undermined by Weak Business Travel, Green Street Analyst Says

Lukas Hartwich, senior analyst at Green Street Advisors, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York. Hartwich discussed the factors contributing to lagging fundamentals in the lodging sector. The most prominent one, he said, is weakness in business travel and spending. Hartwich pointed out that …

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 …

Fund Manager Sees Potential for Increased Real Estate Volatility as Valuations Rise

Sherry Rexroad, chief investment officer with BlackRock Global Real Estate Securities, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York. Rexroad offered perspective on the level of volatility in commercial real estate markets. She stressed that volatility has largely been driven by macroeconomic and monetary policy, …

Founder of Mortgage REIT CYS Sees Stable Environment for Interest Rates

Kevin Grant, president and CEO of CYS Investments, Inc. (NYSE: CYS), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York. CYS Investments owns mortgage securities guaranteed by Fannie Mae, Freddie Mac or Ginnie Mae. Grant offered an overview of how CYS operates and how …

Activist Investors “Fact of Life” in Real Estate Now, Cicco Says

Marty Cicco, senior managing director at Evercore, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York. Evercore is an independent investment banking advisory firm. Cicco said he expects activist shareholders to continue to play a role in the commercial real estate sector. “It’s a fact of …