Devonshire REIT Restructuring Balance Sheet, CEO Says

Michael Carroll, CEO of Devonshire REIT, Inc., joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Devonshire is a private REIT that owns, operates and develops shopping centers in the Midwest, Great Lakes and Southeastern regions of the United States.

Carroll, who was appointed CEO in May, highlighted his priorities for the short and medium terms.

News

Pebblebrook CEO: Supply-Demand Balance in Hotel REIT’s Favor

Jon Bortz, chairman, president and CEO of Pebblebrook Hotel Trust (NYSE: PEB), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Bortz described the operating fundamentals for hotels in U.S. gateway markets as “terrific.” The recovery in the economy has been positive for the hotel sector, and business and leisure travel rates have held steady, according to Bortz.

Jon Bortz

News

REITs Praised for Balance Sheet Management

Steven Marks, managing director with Fitch Ratings, joined REIT.com for a video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.

While Fitch Ratings looks at REIT’s capital structures on a case-by-case basis, Mark said the ratings agency has found widespread improvement in REITs’ use of leverage.

Steven Marks

News