Griffin-American Healthcare REIT II Taking Aim at Acquisitions

It may not be the Wild West, but fierce competition in the health care sector has left public, non-listed REIT (PNLR) Griffin-American Healthcare REIT II taking what Dan Prosky, the firm’s president and chief operating officer, describes as a “rifle shot” approach to new acquisitions. News

Banker Views Liquidity Events as PNLR Litmus Test

David Lazarus, senior managing director with Eastdil Secured, joined REIT.com for a video interview during REITWise 2014: NAREIT’s Law, Accounting and Finance Conference held in Boca Raton, Fla. Lazarus was asked about the lessons learned from the recent wave of liquidity events held by public, non-listed REITs (PNLRs). News

Agree Realty Appealing to Web-Resistant Retail Tenants

Twenty years after its initial public offering (IPO), Agree Realty Corp. (NYSE: ADC) is concentrating on deploying capital into the net lease industry across a range of Web-resistant retail sectors. The REIT has assets in 34 states, and it is actively acquiring and developing more across the country. Agree Realty’s current roster of net lease …

Inland Real Estate Investment CEO Highlights Dramatic Changes in PNLRs

Mitchell Sabshon, CEO of Inland Real Estate Investment Corp., joined REIT.com for a CEO Spotlight video interview during REITWise 2014: NAREIT’s Law, Accounting and Finance Conference held in Boca Raton, Fla. Sabshon, who was named CEO in August, described some of the changes he has seen in the public, non-listed REIT (PNLR) sector. News

EY Partner Reviews Recent PCAOB Developments

Bob Lehman, partner and global REIT head at accounting and advising firm EY, joined REIT.com for a video interview during REITWise 2014: NAREIT’s Law, Accounting and Finance Conference held in Boca Raton, Fla. Lehman reviewed recent developments at the Public Company Accounting Oversight Board (PCAOB), the private sector body that oversees the auditors of U.S. …

REIT Returns Outpace Gains in Broader Market During First Quarter

Returns on equity REITs far outpaced gains seen in the broader market during the first quarter of 2014, and analysts expect solid fundamentals to continue to support the sector. Total returns for the FTSE NAREIT Equity REITs Index gained just under 10 percent in the first quarter, compared with the 1.8 percent gain seen in …