REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
Randy Churchey, president and CEO of EdR (NYSE: EDR), 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.
EdR is one of the largest developers, owners and managers of collegiate housing communities in the United States. Recently, the company completed the purchase of The District on Apache, a collegiate housing community at Arizona State University (ASU), for approximately $ 90 million.
A panel at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT pointed to the decline in U.S. homeownership rates as a major factor supporting growth in the single-family rental business and the multifamily housing sector.
Private REIT Community Development Trust (CDT) recently passed the $ 1 billion milestone in investment in affordable housing and is ready to invest more “in just about any market in the country,” according to Joseph Reilly, the company’s president and CEO.
Founded in 1998, New York City-based CDT invests in affordable housing projects. It also originates and purchases long-term mortgages tied to affordable housing. The company has loans and investments in 41 states.
Randy Churchey, president and CEO of student housing REIT EdR (NYSE: EDR), joined REIT.com for a CEO Spotlight video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.
EdR’s estimates show supply growth slowing in the student housing sector in the next year. Churchey called the trend an “encouraging” sign. Supply growth and enrollment growth in equilibrium, he said.
Starwood Capital Group Chairman and CEO Barry Sternlicht is expressing confidence that the single-family rental housing sector has the potential to become a major REIT asset class, but he acknowledges that investors remain skeptical.
Sternlicht, chairman of single-family home REIT Starwood Waypoint Residential Trust (NYSE: SWAY), spoke on April 23 at the Real Estate Luminaries Series at Georgetown University. He discussed the company’s foray into a new segment of the REIT market.
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.
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.
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