REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
Steve Budorick, president and CEO of Corporate Offices Properties Trust (NYSE: OFC), joined REIT.com for a CEO Spotlight video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge. Budorick succeeded Roger Waesche, Jr., as CEO of COPT in May.
COPT primarily focuses on U.S. government tenants in the defense and information technology sectors.
Don Miller, president and CEO of Piedmont Office Realty Trust (NYSE: PDM), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Piedmont owns and manages class A office buildings located primarily in Atlanta, Boston, Chicago, Dallas, Houston, Los Angeles, Minneapolis, New York and Washington, D.C.
Miller spoke about disruptions that have occurred in the office segment.
Sherry Rexroad, chief investment officer with BlackRock Global Real Estate Securities, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Rexroad offered perspective on the level of volatility in commercial real estate markets. She stressed that volatility has largely been driven by macroeconomic and monetary policy, rather than real estate fundamentals.
David Nunes, president and CEO of Rayonier (NYSE: RYN), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Rayonier owns, leases or manages approximately 2.7 million acres of working timber forests in the United States and New Zealand.
Dave Levy, a partner at Skadden Arps, 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.
Levy discussed the impact of restrictions imposed by the Protecting Americans from Tax Hikes (PATH) Act of 2015 on tax-free spinoffs of REIT assets. According to Levy, the spinoff trend that occurred prior to the PATH Act suffered from a “perception problem” in the media.
Scott MacComb, president of Allocation Advisors, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.
Allocation Advisors prepares purchase price allocations for real estate acquisitions. MacComb gave an overview of the current regulatory environment facing REITs.
“We are still in a situation where the pendulum is swinging in the direction of increased regulation,” he said.
Demand for industrial space is expected to remain healthy for the rest of 2015, supported by solid economic fundamentals, rising consumer demand and the continued expansion of e-commerce, according to market watchers.
A report from the NAIOP Research Foundation forecasts net demand for industrial space could grow 8 percent in 2015, up from 224 million square feet in 2014.
Nils Kok, founder and executive director of the Global Real Estate Sustainability Benchmark (GRESB), joined REIT.com for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va.
GRESB is an industry-driven organization that assesses the sustainability performance of real estate portfolios around the globe. Kok noted that during the past 18 months, he has observed an increasing interest in “green bonds” from fixed-income investors. The proceeds from these bonds are used to finance sustainability initiatives.
J. Scott Craig, vice president and portfolio manager at Eaton Vance Management, joined REIT.com for a video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
Craig discussed ways in which his background as a certified public accountant influences his approach to investing.
“It’s very easy to take accounting for granted and to assume everything is fine,” Craig said. He added that he has now started to have conversations with companies regarding their systems of checks and balances in accounting.
