American Assets Trust Focused on Boosting NAV

Ernest Rady, president and CEO of American Assets Trust, Inc. (NYSE: AAT), joined REIT.com for a CEO Spotlight video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.

American Assets Trust owns retail, office and residential properties in high-barrier-to-entry markets, primarily in Southern California, Northern California, Oregon, Washington and Hawaii.

American Assets Trust CEO Ernest Rady

News

American Campus Communities CEO Sees Growing Demand for Study Space

Bill Bayless, president and CEO of American Campus Communities, Inc. (NYSE: ACC), joined REIT.com for a CEO Spotlight video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.

In August, American Campus celebrated its 100th student housing development with the construction of U Club Sunnyside, an off-campus community serving students attending West Virginia University (WVU). Bayless said the event had special significance for him because he graduated from WVU.

Bill Bayless

News

Single-Family REIT Starwood Waypoint to Merge with Colony American Homes

Single-family REIT Starwood Waypoint Residential Trust (NYSE: SWAY) and Colony American Homes, Inc. said Sept. 21 they have agreed to merge in a stock-for-stock transaction that will create a combined company with $ 7.7 billion in assets.

The new company will own and manage more than 30,000 homes and is expected to achieve estimated annualized cost synergies of $ 40 million to $ 50 million.

News

American Campus Breaks Ground on 100th Property

In the latest episode of the NAREIT Podcast, Bill Bayless, president and CEO of American Campus Communities, Inc. (NYSE: ACC), discussed the start of the student housing REIT’s 100th property and looked at the evolution of the sector.

American Campus broke ground in July on its 100th property, U Club Sunnyside at West Virginia University. The new facility will house 536 beds for university students.

“It’s a special milestone for the company,” Bayless said.

News

American Residential Properties says REIT Focused on Stabilizing Portfolio

Stephen Schmitz, chairman and CEO of American Residential Properties (NYSE: ARPI), and Laurie Hawkes, the company’s president and COO, joined REIT.com for a video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

American Residential Properties acquires, renovates, leases and manages single-family properties across 13 states.

Schmitz discussed whether the company continues to see acquisitions as the most important generator of strategic value.

News

CEO Says American Assets Trust Focusing on Development

John Chamberlain, president and CEO of American Assets Trust (NYSE: AAT), joined REIT.com for a CEO Spotlight video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.

American Assets Trust acquires and develops retail, office, multifamily and hospitality properties in high-barrier-to-entry markets, primarily in Southern California, Northern California, Oregon, Washington and Hawaii.

News