EY Partner Reviews Recent PCAOB Developments

Bob Lehman, partner and global REIT head at accounting and advising firm EY, joined REIT.com for a video interview during REITWise 2014: NAREIT’s Law, Accounting and Finance Conference held in Boca Raton, Fla.

Lehman reviewed recent developments at the Public Company Accounting Oversight Board (PCAOB), the private sector body that oversees the auditors of U.S. public companies.


Macerich Recycling Funds into High-Quality Retail Developments

After an active year for disposals in 2013, mall REIT Macerich (NYSE: MAC) remains focused on pruning its least productive assets in order to plough funds back into higher-quality retail developments.

“We want to be the best in terms of quality,” said Art Coppola, Macerich chairman and CEO, in an interview with REIT.com. “We think we’re going to have a powerhouse of a company, and we’re very happy with the direction that we’re going.”