EPR Benefitting from Lower Gas Prices, CEO Says

Greg Silvers, president and CEO of EPR Properties (NYSE: EPR), joined REIT.com for a CEO Spotlight at REITWISE 2016: NAREIT’s Law, Accounting and Finance Conference at the Marriott Marquis in Washington, D.C.

EPR Properties holds assets in areas such as entertainment, recreation and education.

Silvers has been at the helm of EPR for the past year, succeeding co-founder David Brain. He remarked that one lesson he has learned in that time is the importance of identifying and retaining highly qualified staff.

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Kimco Getting Results from Lighting Retrofits, Executive Says

Will Teichman, senior director of strategic operations at Kimco Realty Corp. (NYSE: KIM), joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.

Teichman gave an update on Kimco’s efforts to retrofit all of its upper-end shopping centers with LED lighting. The project started at the beginning of 2015, and to date, Kimco has retrofitted more than 100 properties, representing about a quarter of its total net asset value.

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Shopping Center REIT Wheeler Generating Growth from Acquisitions

Jon Wheeler, chairman and CEO of Wheeler Real Estate Investment Trust, Inc. (NASDAQ: WHLR), joined REIT.com for a CEO Spotlight video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.

Wheeler noted that Nov. 19, 2015, marked the third-year anniversary of the company becoming a publicly traded REIT. “Since then we’ve grown exceptionally well,” he said.

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Care Capital CEO Says Spin Off from Ventas Went Smoothly

Ray Lewis, CEO of Care Capital Properties, Inc. (NYSE: CCP), joined REIT.com for a CEO Spotlight video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.

Care Capital was spun off from Ventas, Inc. (NYSE: VTR) in mid-2015 as a pure-play REIT focused on the skilled nursing facility market. Lewis said the transition went well.

“We were very well prepared, and the spin couldn’t have gone smoother,” Lewis observed.

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FelCor Lodging Looking to Create Value from Sales

Richard Smith, president and CEO of FelCor Lodging Trust, Inc. (NYSE: FCH), joined REIT.com for a CEO Spotlight video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.

In September, FelCor sold the final hotel in its disposition program. Since that time, the company has said it would make opportunistic asset sales. Smith explained the strategy.

“It’s really to create capacity as we move through the cycle and open up the use of proceeds for things that will be higher yielding,” he said.

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