REIT Development Risk “Under Control,” According to Fitch Analyst

Steven Marks, managing director with Fitch Ratings, joined for a video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.

Marks stated that development risk across most of the REIT industry is “pretty well boxed and under control.” According to Marks, development risk in terms of the cost to complete projects relative to gross asset values has declined in recent years.


Apartment Construction Not Slowing Down, According to Neyland

Ella Shaw Neyland, president of Steadfast Apartment REIT, joined for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Steadfast Apartment REIT is a public, non-listed REIT that acquires and manages mid-tier apartments.

Neyland described the current acquisition conditions in Steadfast’s target. Neyland also discussed supply conditions in those markets.

Ella Shaw Neyland


Green Bonds Popular With Investors, According to REIT Executives

Mark Peternell and Mike Mas of retail REIT Regency Centers (NYSE: REG), joined for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va.

Peternell, the company’s vice president of sustainability, said going green can serve as a “competitive differentiator” for REITs. Regency Centers started $ 240 million worth of development and redevelopment projects in 2014.

Mark Peternell and Mike Mas


Niche Plays to Acadia Realty Trust’s Advantage, According to CEO

Ken Bernstein, president and CEO of Acadia Realty Trust (NYSE: AKR), joined for a CEO Spotlight video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.

Acadia Realty has closed on five acquisitions in 2014 and has more in its pipeline. Bernstein acknowledged that the marketplace is “competitive.” The company’s niche focus on “dense, high street retail” in the East Coast and Chicago has played to its advantage, according to Bernstein.

Ken Bernstein