STORE Capital CEO Says REIT on Pace for $1 Billion in Acquisitions in 2018

STORE Capital CEO Says REIT on Pace for $1 Billion in Acquisitions in 2018

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Chris Volk, president and CEO of STORE Capital Corp. (NYSE: STOR), joined Nareit for a video interview at REITworld 2017.

STORE is an acronym for single-tenant operational real estate, which is the company’s target market.

Volk said STORE has achieved a monthly pace of about $100 million in acquisitions for the past three years. Looking to 2018, Volk said he expects STORE to be able to maintain that rate and exceed $1 billion in acquisitions for the year.

Published at Fri, 05 Jan 2018 13:45:51 +0000