John Kite, CEO of Kite Realty Group Trust (NYSE: KRG), joined REIT.com for a CEO Spotlight video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.
Between late 2014 and early 2015, Kite Realty sold about $ 320 million of properties that it had acquired through the 2014 merger with Inland Diversified Real Estate Trust, Inc. Kite noted that about $ 220 million of the proceeds went toward purchasing properties, while $ 100 million was earmarked to reduce leverage.
