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.

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Affordable Housing REIT CDT Expands into Charter Schools

Community Development Trust (CDT) has launched a new platform that provides long-term, fixed-rate financing for charter schools.

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. CDT’s Charter School Lending Program, launched in September, aims to address the problems traditionally faced by charter schools in obtaining suitable financing, said Shelly Cleary, senior vice president of CDT.

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InvenTrust Focusing on Retail and Student Housing Real Estate

With a new name and a pared-down portfolio, InvenTrust Properties Corp. plans to continue to shed assets as it narrows its focus down to its two primary sectors of open air retail and student housing real estate.

InvenTrust announced in April that it was changing its name from Inland American Real Estate Trust, Inc., after becoming self-managed in 2014. The name change also followed the spin-off of its Xenia Hotels & Resorts, Inc. (NYSE: XHR) lodging platform in February.

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Senior Housing Properties Trust CEO Sees Broad Benefits from Demographic Trends

David Hegarty, president and COO of Senior Housing Properties Trust (NYSE: SNH), joined REIT.com for a CEO Spotlight video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.

Hegarty explained that, despite its name, almost 50 percent of the company’s assets consist of medical office buildings, with senior housing accounting for the remaining portion. The majority of the properties, which are spread across 39 states, are triple net-leased.

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