REIT Executives Lay Out Roadmap for Sustainability in Near Term

REIT.com was on hand at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va., to talk with attendees about the future of sustainability in real estate. “I think we’ve moved from sustainability being the right thing to do to being more critical,” said Daniele Horton, head of sustainability at Parkway Properties, Inc. (NYSE: …

Hersha Executive Says Sustainability Program Integrated Throughout REIT

Bennett Thomas, vice president of finance and sustainability at Hersha Hospitality Trust (NYSE: HT), joined REIT.com for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va. Hersha is a lodging REIT that owns and operates upscale hotels in urban gateway markets. Thomas provided an overview of Hersha’s Earthview sustainability …

REIT Investors Benefit from Sustainability Reporting Convergence, Forest City Executive Says

Jill Ziegler, director of sustainability and corporate responsibility with Forest City Enterprises, Inc. (NYSE: FCE.A), joined REIT.com for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va. Ziegler said Forest City learned “a lot” in putting out its first sustainability report to the public a year ago. “We’ve received …

Federal Realty Executive Says Shareholders Interested in Authenticity of REIT Sustainability Programs

Chris Brown, sustainability manager at Federal Realty Investment Trust (NYSE: FRT), joined REIT.com for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va. Federal Realty owns, operates and redevelops retail real estate around the country. Brown discussed some of the particular challenges faced by a shopping center REIT in …

Banker Sees REIT Green Bonds as “Natural Byproduct” of Sustainability Commitment

Shawn Cepeda, managing director of debt capital markets at Bank of America Merrill Lynch, joined REIT.com for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va. According to Cepeda, sustainability for most companies is comprised of environmental responsibility, social responsibility and corporate governance. When Bank of America Merrill Lynch …

Advocate Says REITs Can Be Leaders in Real Estate Sustainability

Cliff Majersik, executive director with the Institute for Market Transformation, joined REIT.com for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va. The Institute for Market Transformation is a non-profit organization that aims to encourage energy efficiency and green building. Majerisk said the firm believes REITs can be market …

Simon Sustainability Executive Stresses Importance of Properly Explaining Green Leases

Mona Benisi, director of sustainability at Simon Property Group, Inc. (NYSE: SPG), joined REIT.com for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va. Benisi noted that one of the issues surrounding green leases in the retail sector is that of properly explaining what the contract involves. “It’s a …

REIT Sustainability Executive Sees Progress in Data Collection Methods

John Forester, director of energy and sustainability at REIT Management & Research LLC, joined REIT.com for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va. REIT Management & Research is a private company that manages publicly traded REITs. Forester noted that the company has sought to improve the process …