Activist Investors “Fact of Life” in Real Estate Now, Cicco Says

Marty Cicco, senior managing director at Evercore, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Evercore is an independent investment banking advisory firm.

Cicco said he expects activist shareholders to continue to play a role in the commercial real estate sector. “It’s a fact of life in the public markets going forward,” he said.

Cicco also discussed the slowdown in the issuance of REIT preferred shares.

News

Activist Shareholders Could Push for More REIT Deals, Cicco Says

Marty Cicco, senior managing director with Evercore Partners, joined REIT.com for a video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.

Cicco discussed the future of the single-family housing sector and the possibilities for more initial public offerings (IPOs) in the group down the road. Cicco said he believes the proliferation of single-family REITs is likely to be a “short-term phenomenon.” He indicated that the challenges of operating a single-family residential portfolio could deter new entrants from coming into the marketplace.

Marty Cicco

News