A Closer Look at Externally Advised REITs from Green Street Advisors

Phil Owens, senior vice president for advisory and consulting at Green Street Advisors, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Owens commented on the newer breeds of externally advised REITs that have emerged recently.

Today, the externally advised REITs impose a single fee and operate with an alignment of interest between the external advisor and the REIT shareholders, he explained.