Agree Realty Raises 2017 Acquisition Guidance

Agree Realty Raises 2017 Acquisition Guidance Joey Agree, president and CEO of Agree Realty Corp. (NYSE: ADC), joined REIT.com for a video interview at REITWeek 2017: NAREIT’s Investor Forum at the New York Hilton Midtown. The investment activity landscape looks “robust,” according to Agree. He noted that the company recently raised its 2017 acquisition guidance …

American Assets Trust CEO Says Repositioning Continues

American Assets Trust CEO Says Repositioning Continues Ernest Rady, president and CEO of American Assets Trust (NYSE: AAT), joined REIT.com for a CEO Spotlight video interview at REITWeek 2017: NAREIT’s Investor Forum at the New York Hilton Midtown. Based in San Diego, American Assets Trust acquires, develops, refurbishes and manages a portfolio of retail, office …

New EPRA Chief Sees Opportunity to Expand REITs into Poland, Sweden

New EPRA Chief Sees Opportunity to Expand REITs into Poland, Sweden Dominique Moerenhout, the new CEO of the European Public Real Estate Association (EPRA), joined REIT.com for a video interview at REITWeek 2017: NAREIT’s Investor Forum at the New York Hilton Midtown. Moerenhout commented on the political climate in Europe and its impact on the …

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 …

REITs Move Lower in May

REITs Move Lower in May REIT returns lost ground in May and lagged the broader market, as investors remained cautious on several fronts, market watchers said. The total returns of the FTSE NAREIT All REITs Index fell 0.2 percent in May, while the S&P 500 posted a return of 1.4 percent. Total returns of the …

RLJ Lodging Trust to Buy FelCor for Approximately $1.2 Billion

RLJ Lodging Trust to Buy FelCor for Approximately $1.2 Billion RLJ Lodging Trust (NYSE: RLJ) said April 24 that it has agreed to buy FelCor Lodging Trust Inc. (NYSE: FCH) in an all-stock transaction that values FelCor at approximately $1.2 billion. The merger is expected to create the third-largest public lodging REIT. RLJ said the …

Audit Specialist Says Companies Debating Use of Non-GAAP Measures

Audit Specialist Says Companies Debating Use of Non-GAAP Measures Catherine Ide, senior director of professional practice at the Center for Audit Quality (CAQ), joined REIT.com for a video interview at REITWise 2017: NAREIT’s Law, Accounting & Finance Conference in La Quinta, California. CAQ was established in 2007 with a mission to enhance investor confidence and …