Commercial real estate executives are upbeat on industrial, infrastructure and multifamily asset classes for 2017, according to the 2017 Real Confidence Executive Index from Altus Group, in partnership with NAREIT and the National Council of Real Estate Investment Fiduciaries (NCREIF).
Pebblebrook CEO: Supply-Demand Balance in Hotel REIT’s Favor
Jon Bortz, chairman, president and CEO of Pebblebrook Hotel Trust (NYSE: PEB), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Bortz described the operating fundamentals for hotels in U.S. gateway markets as “terrific.” The recovery in the economy has been positive for the hotel sector, and business and leisure travel rates have held steady, according to Bortz.