FTSE NAREIT All REITs Index Up 5.4 Percent in 2017’s First Half

FTSE NAREIT All REITs Index Up 5.4 Percent in 2017’s First Half REIT returns were positive in the first half of 2017, but underperformed the broader market. Looking ahead, industry fundamentals remain solid heading into the remainder of the year, according to REIT market watchers. The total returns of the FTSE NAREIT All REITs Index …

Real Estate Strategist Says Transaction Volumes in Balance

Real Estate Strategist Says Transaction Volumes in Balance Michael Hudgins, managing director and global strategist at Ell Capital Management, Inc., joined REIT.com for a video interview at REITWeek 2017: NAREIT’s Investor Forum at the New York Hilton Midtown. Hudgins discussed trends in transaction volumes across major real estate markets. He pointed to the United States’ …

MCR Development’s TWA Flight Center Hotel on Track

MCR Development’s TWA Flight Center Hotel on Track Russ Shattan, senior vice president for acquisitions and development at MCR Development LLC, joined REIT.com for a video interview at REITWeek 2017: NAREIT’s Investor Forum at the New York Hilton Midtown. MCR’s development experience includes ground-up development of Marriott and Hilton select service hotel properties. The company …

Parkway Announces $1.2 Billion Sale Agreement with Canada Pension Plan

Parkway Announces $1.2 Billion Sale Agreement with Canada Pension Plan Parkway, Inc. (NYSE: PKY) said June 30 it has agreed to be sold to the Canada Pension Plan Investment Board (CPPIB) for $1.2 billion. Parkway’s portfolio consists of the Houston-based assets that were spun off into a new REIT following the 2016 merger between Cousins …

Green Street CEO Remains Bullish on REIT Market

Green Street CEO Remains Bullish on REIT Market Craig Leupold, CEO of research firm Green Street Advisors, joined REIT.com for a video interview at REITWeek 2017: NAREIT’s Investor Forum at the New York Hilton Midtown. Leupold said Green Street continues to be “very bullish” toward the REIT market and observed that most institutional investors are …

Columbia Property Trust Still Sees Rent Growth Potential in Gateway Markets

Columbia Property Trust Still Sees Rent Growth Potential in Gateway Markets Nelson Mills, president and CEO of Columbia Property Trust, joined REIT.com for a video interview at REITWeek 2017: NAREIT’s Investor Forum at the New York Hilton Midtown. Columbia sold $500 million of assets in the first half of the year, completing a three-year transition …

STAG Industrial CEO Expects Acquisition Pace to Accelerate

STAG Industrial CEO Expects Acquisition Pace to Accelerate Ben Butcher, chairman, president and CEO of STAG Industrial, Inc. (NYSE: STAG), joined REIT.com for a video interview at REITWeek 2017: NAREIT’s Investor Forum at the New York Hilton Midtown. Following the acquisition of 11 properties in the first quarter, Butcher said the pace of purchases is …

Veteran REIT Analyst Says Retail REITs Well Positioned for Long Term

Veteran REIT Analyst Says Retail REITs Well Positioned for Long Term Paul Adornato, managing director at BMO Capital Markets, joined REIT.com for a video interview at REITWeek 2017: NAREIT’s Investor Forum at the New York Hilton Midtown. Adornato commented on the outlook for retail REITs amid changing consumer habits. “The retail REITs are in a …

Crown Castle CEO Says Wireless Operators Bolstering Small Cell Capability

Crown Castle CEO Says Wireless Operators Bolstering Small Cell Capability Jay Brown, president and CEO of Crown Castle International Corp. (NYSE: CCI), joined REIT.com for a video interview at REITWeek 2017: NAREIT’s Investor Forum at the New York Hilton Midtown. Brown said Crown Castle has seen a high level of activity in the small cell …

American Tower CEO Says Wireless Operators Bolstering Small Cell Capability

American Tower CEO Says Wireless Operators Bolstering Small Cell Capability Jay Brown, president and CEO of American Tower Corp. (NYSE: AMT), joined REIT.com for a video interview at REITWeek 2017: NAREIT’s Investor Forum at the New York Hilton Midtown. Brown said American Tower has seen a high level of activity in the small cell sector …