In a special edition of the The REIT Report: NAREIT’s Weekly Podcast, Fulya Kocak, NAREIT’s vice president for environmental, social and governance issues, spoke with Sara Neff, senior vice president for sustainability at Kilroy Realty Corp. (NYSE: KRC), about solar power technology.
Challenges in Housing Finance Industry, Consultant Says
Anne Canfield, president of Canfield & Associates, Inc., joined REIT.com for a video interview at REITWise 2016: NAREIT’s Law, Accounting and Finance Conference at the Marriott Marquis in Washington, D.C.
Canfield & Associates is a government relations, consulting and research firm that represents clients in the financial services, health care, housing and public finance industries.
Canfield discussed the climate in the housing finance industry, in light of increased regulation and scrutiny within the primary market.
NorthStar Realty Finance Plans to Acquire Griffin-American Healthcare REIT for $4 Billion
Diversified commercial real estate investment company NorthStar Realty Finance Corp. (NYSE: NRF) said Aug. 5 that it plans to acquire Griffin-American Healthcare REIT II, Inc., a public, non-listed REIT (PNLR), in a stock and cash transaction totaling $ 4 billion.
The transaction is expected to close in the fourth quarter. Under the terms of the deal, Griffin-American stockholders will receive $ 7.75 per share in cash and $ 3.75 per share in NorthStar Realty common stock. As part of the deal, NorthStar would assume $ 600 million in debt from Griffin-American.
Community Development Trust Raising Capital to Finance Affordable Housing
John Divers, COO and CFO of the Community Development Trust (CDT), joined REIT.com for a video interview during REITWise 2014: NAREIT’s Law, Accounting and Finance Conference held in Boca Raton, Fla.
Founded in 1998, New York City-based CDT is a private, hybrid REIT that is active on the debt and equity side of affordable housing projects.
Divers was asked about CDT’s capital-raising activities, which were particularly strong last year, and the outlook for future transactions.
Community Development Trust Actively Raising Capital to Finance Affordable Housing
John Divers, COO and CFO of the Community Development Trust (CDT), joined REIT.com for a video interview during REITWise 2014: NAREIT’s Law, Accounting and Finance Conference held in Boca Raton, Fla.
Founded in 1998, New York City-based CDT is a private, hybrid REIT that is active on the debt and equity side of affordable housing projects.
Divers was asked about CDT’s capital-raising activities, which were particularly strong last year, and the outlook for future transactions.