Net Lease REIT VEREIT Making Headway on Investment Grade Metrics

Glenn Rufrano, CEO at VEREIT, Inc (NYSE: VER), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

VEREIT owns and manages a diversified portfolio of retail, restaurant, office and industrial real estate assets subject to long-term net leases.

In May, VEREIT doubled the size of its initial bond offering to $ 1 billion. Rufrano said actual demand for the offering totaled $ 5.5 billion.

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JP Morgan Analyst Discusses REIT Debt Levels, Investment Grade Ratings

Mark Streeter, managing director at JP Morgan Chase, joined REIT.com for a video interview during REITWise 2014: NAREIT’s Law, Accounting and Finance Conference held in Boca Raton, Fla.

Streeter was asked about appropriate debt levels for REITs and how the industry as a whole performs in this area. He noted that since the financial crisis, the REIT industry has been more focused on the metric of debt to earnings before interest, taxes, depreciation and amortization (EBITDA).

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