Investors Real Estate Trust CEO Says Oil Prices Not Impacting REIT

Tim Mihalik, president and CEO of Investors Real Estate Trust (NYSE: IRET), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Investors Real Estate Trust operates a diversified portfolio of properties in the multifamily, office, health care, retail and industrial sectors. Its properties are located throughout 12 states in the Midwest.

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BlackRock CIO Highlights Global Real Estate Diversification Benefits

Sherry Rexroad, chief investment officer at BlackRock Global Real Estate Securities Group, joined REIT.com for a video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Rexroad emphasized that one of the primary benefits of investing in global real estate securities is the diversification gained from exposure to different economies with varied monetary policies. She cautioned against investing in a single country because of the outsized influence that monetary policy is exerting at this time.

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Limiting Like-Kind Exchanges Would Hurt Real Estate, Study Finds

Like-kind exchanges aid the commercial real estate sector by promoting increased investment, reducing holding periods and lowering leverage levels, according to an academic study released July 9.

Also known as 1031 exchanges after Section 1031 of the Internal Revenue Code, like-kind exchanges allow individuals and businesses to defer the payment of taxes on gains made on the exchange of property held for investment or in a trade or business for “like-kind” property.

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Green Street Analyst Says Real Estate Fairly Valued

John Bejjani, analyst and office sector co-head at Green Street Advisors, joined REIT.com for a video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Bejjani reflected on the level of real estate valuations in the current market. He explained that valuations have to be looked at from two perspectives: operating income growth and capitalization rates.

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Inland Real Estate Working With Tenants on New Space

Mark Zalatoris, president and CEO of Inland Real Estate Corp. (NYSE: IRC), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Inland has a heavy presence in the Midwest shopping center market and is particularly active in Chicago and Minneapolis, according to Zalatoris.

“We’ve parlayed that into success in leasing and re-leasing space with strong retailers that want to continue to grow store count in those markets,” Zalatoris said.

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Physicians Realty Thriving in Fragmented Real Estate Market

John Thomas, CEO of Physicians Realty Trust (NYSE: DOC), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Physicians Realty Trust is pursuing an investment-grade rating. Thomas said achieving that status fits with the company’s mentality of building for the long term. Since its founding, company executives have met with the ratings agencies to learn more about the path to obtaining an investment-grade rating, according to Thomas.

John Thomas

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