In the latest episode of the NAREIT Podcast, Jim Fetgatter, chief executive of the Association of Foreign Investors in Real Estate (AFIRE), analyzed the effects of legislative changes to the rules governing foreign investment in U.S. real estate. He also reviewed the results of AFIRE’s annual survey of investors.
Real Estate Fundamentals in “Great Shape,” Says Analyst
Chris Lucas, a REIT analyst and senior managing director at Capital One, joined REIT.com for a video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.
Real estate fundamentals are in “great shape,” according to Lucas: New development is under control, and demand remains fairly consistent across all the property types.
“We’re optimistic about where things are. Obviously there are selected markets where there may be some imbalances, but the bottom line is that things are pretty good,” Lucas said.
Professor Sees Continued Flow of Funds to Real Estate
Cydney Donnell, director of real estate programs at Texas A&M University’s Mays Business School, joined REIT.com for a video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.
Donnell shared her views on the state of the real estate cycle.
“I don’t really worry about it too much because I don’t think that’s the question,” Donnell said. Rather, Donnell stressed that a 35-year “supercycle” in the bond market supported by declining interest rates has fueled a surge of money flowing into real estate.
Retail REIT Inland Real Estate Agrees to $2.3 Billion Buyout
Inland Real Estate Corp. (NYSE: IRC), an owner of neighborhood, community and power shopping centers, said Dec. 15 that it has agreed to be purchased for approximately $ 2.3 billion by real estate funds managed by DRA Advisors LLC.
Upon completion of the all-cash transaction, which includes the assumption of existing debt, Inland will become a privately held REIT.
Green Street Projects Real Estate Pricing Adjustment in 2016
Andy McCulloch, managing director and head of real estate analytics at Green Street Advisors, joined REIT.com for a video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.
McCulloch discussed the major findings of a recent Green Street report on the real estate cycle. The report concludes that the current commercial real estate cycle is nearing the end of its lifespan, although McCulloch conceded that the cycle could be extended. Valuations have become “fairly expensive,” according to McCulloch.
Real Estate Development on a Patient Path
In the latest episode of the NAREIT Podcast, Chris Caton, senior vice president for research with industrial REIT Prologis (NYSE: PLD), shared the latest findings from research regarding development activity.
Mixed Economic Signals Don’t Dampen Real Estate Fundamentals
In the latest episode of the NAREIT Podcast, Michael Hedden, managing director with FTI Consulting, assessed the state of real estate fundamentals amid muddled signals from the broader economy.
Measures of gross domestic product (GDP) and job growth are mixed, according to Hedden. Capital continues to flow into real estate, though, he said.
REITWorld 2015: Investors Taking a Harder Look at Real Estate Sustainability
As environmental, social and governance (ESG) issues become increasingly important for real estate investors, companies that fall short in these areas are likely to be left behind, according to a panel of sustainability professionals at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT.
Nils Kok, CEO of the Global Real Estate Sustainability Benchmark (GRESB), moderated the panel.
REITWorld 2015: Panel Sees Encouraging Real Estate Fundamentals
Texas Christian Team Leads Real Estate Portfolio Challenge
Students from Texas Christian University are currently leading the Real Confidence University Portfolio Challenge, a year-long competition featuring teams from 15 universities seeking to create the best-performing portfolio from a mixture of real estate investments.
NAREIT has partnered in the challenge with the National Council of Real Estate Investment Fiduciaries (NCREIF). Altus Group Ltd., a provider of independent advisory services, is managing the project.