REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
Jon Wheeler, chairman and CEO of Wheeler Real Estate Investment Trust, Inc. (NASDAQ: WHLR), 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.
Wheeler commented that acquisitions were a driving force behind the company’s third quarter performance. Other contributing factors included a reduction in general and administrative expenses and increased streamlining of operations.
Raymond Lewis, CEO of Care Capital Properties (NYSE: CCP), 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.
Care Capital invests with local and regional operators of skilled nursing facilities across the United States. The company spun off from Ventas, Inc. (NYSE: VTR) in 2015.
Fifteen months on from the spinoff, Lewis said the company is “exactly where we hoped we would be at this point.”
Michael Knott, managing director at Green Street Advisors, joined REIT.com for a video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.
After a quiet year for the health care sector for most of 2016, an “explosion of deals” worth in excess of $ 5 billion has occurred recently, Knott observed. The trend underscores the significant amount of capital available for the sector, especially foreign capital, he noted.
In the latest episode of The REIT Report: NAREIT’s Weekly Podcast, Keven Lindemann of S&P Global Market Intelligence discussed REITs’ capital raising actives in 2016.
REITs raised 11 percent more capital through the end of 2016’s third quarter than they did in the year-earlier period.
“That’s certainly an indication that the companies in the [REIT] industry have healthy access to the capital markets,” Lindemann said.
In the the latest episode of The REIT Report: NAREIT’s Weekly Podcast, Steve Buller, portfolio manager with Fidelity Investments, discussed the impact of real estate being elevated to a new headline sector under the Global Industry Classification Standard (GICS) on the discipline of real estate investing.
Chris Volk, president and CEO of STORE Capital Corp. (NYSE: STOR), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
STORE is an acronym for single-tenant operational real estate, which is the company’s target market.
Don Miller, president and CEO of Piedmont Office Realty Trust (NYSE: PDM), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Piedmont owns and manages class A office buildings located primarily in Atlanta, Boston, Chicago, Dallas, Houston, Los Angeles, Minneapolis, New York and Washington, D.C.
Miller spoke about disruptions that have occurred in the office segment.
Being one of the nation’s oldest REITs hasn’t stopped Washington REIT (NYSE: WRE) from moving quickly on an extensive transformation of its portfolio. In less than three years, it has metamorphosed from a predominantly suburban office REIT to an urban-infill focused player with significantly greater parity between office, multifamily and retail properties.
Sandy Presant, chair of the Real Estate Fund Practice at Greenberg Traurig LLP, joined REIT.com for a video interview at REITWise 2016: NAREIT’s Law, Accounting and Finance Conference at the Marriott Marquis in Washington, D.C.
Presant said capital in the private real estate market is “very heated,” as foreign funds continue to be attracted to the safe haven of the United States.
