The winners of NAREIT’s 2016 Investor CARE Awards, which honor excellence in communications and reporting to shareholders, were announced on June 7 in New York at REITWeek 2016: NAREIT’s Investor Forum.
Prognosis Good for Health Care REITs
Care Capital CEO Says Spin Off from Ventas Went Smoothly
Ray Lewis, CEO of Care Capital Properties, Inc. (NYSE: CCP), 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.
Care Capital was spun off from Ventas, Inc. (NYSE: VTR) in mid-2015 as a pure-play REIT focused on the skilled nursing facility market. Lewis said the transition went well.
“We were very well prepared, and the spin couldn’t have gone smoother,” Lewis observed.
Sabra Health Care CEO Highlights Potential of Smaller Markets
Richard Matros, CEO of Sabra Health Care REIT, Inc. (NASDAQ: SBRA), 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.
Health Care REIT Ventas Ahead of Interest Rate Curve, CEO Says
Debra Cafaro, chairman and CEO of Ventas, Inc. (NYSE: SRG), 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.
The Global Real Estate Sustainability Benchmark (GRESB) recognized Ventas in 2015 for the health care REIT’s sustainability program. Cafaro cited the firm’s corporate philanthropy and governance as standout features its sustainability platform.
NAREIT Announces 2015 Investor CARE Award Winners
The winners of NAREIT’s 2015 Investor CARE Awards, which honor excellence in communications and reporting to shareholders, were announced on June 9 in New York at REITWeek 2015: NAREIT’s Investor Forum.
In the large cap Equity REIT category, the Gold Award went to Alexandria Real Estate Equities, Inc. (NYSE:ARE). Boston Properties, Inc. (NYSE: BXP) received the Silver Award, while the Bronze Award went to Camden Property Trust (NYSE:CPT).
Health Care REITs Stay on the Hunt for Senior Housing
Spurred on by attractive financing and solid returns, health care REITs continue their aggressive pursuit of senior housing properties.
Green Street Analyst Says Deals Driving Up Valuations of Health Care Real Estate
Michael Knott, managing director with Green Street Advisors, joined REIT.com for a video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
Knott offered an assessment of the valuations of health care properties in the current market. Deals that have taken place in the health care REIT sector in 2014 have helped to drive the value of health care real estate assets up “dramatically” and boosted the interest of capital markets in the sector, according to Knott.
HCP CEO: Demographic Trends in Health Care Attractive to Investors
Lauralee Martin, president and CEO of HCP, Inc. (NYSE: HCP), 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.
Martin predicted continued interest in the health care sector for 2015.
“There’s a lot of money that’s interested in health care. It’s a sector that has demographics that are very attractive to investors,” Martin observed.
PwC Survey Shows Consistent Signs of Strength in Office, Health Care Real Estate
Real estate investors remain bullish, especially regarding the office and health care sectors, according to a survey conducted by consulting firm PwC.
PwC’s survey of real estate investors in the third quarter of 2014, released Sept. 15, indicated that the office sector is showing consistent signs of strengthening. Most geographic markets are expected to be in either the recovery or expansion phase of the real estate cycle during the next four years.