Lexington Realty CEO Anticipates Higher-Yielding Investment Opportunities in 2017

Will Eglin, president and CEO of Lexington Realty Trust (NYSE: LXP), 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.

Lexington primarily makes equity and debt investments in single-tenant, net lease commercial properties across the United States. The company recently sold four land parcels with 96-year ground leases in New York. Given the long-term nature of the leases, “that was the most bond-like holding in our portfolio,” Eglin said.

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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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Modest Pickup in REIT IPO Activity Possible, Investment Banker Says

Greg Steele, managing director and head of REIT investment banking at Capital One Securities, Inc., joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Steele said the level of capital markets activity so far this year is “not surprising, given the backdrop of what’s been going on in the equity and bond markets.” He noted that fundamentals remain strong, along with stable cap rates, and a level of demand that well exceeds supply.

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Real Estate Investment Banker Reflects on Tax Reform, IPO Market

Mark Decker Sr., vice chairman at BMO Capital Markets, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Decker previously served as NAREIT president, and was at the helm of the association when the 1986 Tax Reform Act was passed.

Decker remarked that at the time of passage, the REIT model was not very well known, nor well-established.

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