Agree CEO Says Interest Rates a Major Variable in 2017

Joey Agree, president and CEO of Agree Realty Corp. (NYSE: ADC), 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.

Agree Realty focuses on the acquisition and development of properties that are net leased to retail tenants. The company currently owns and operates a portfolio of 341 properties, located in 43 states. The company seeks external growth by acquiring assets, developing properties and joint ventures.

News

Viewpoint: Sovereign Wealth Funds Among Major Stories for REITs

Greg Steele

The prospects for REITs in 2016 are encouraging, with sovereign wealth funds continuing to invest aggressively in U.S. markets and the Fed’s policy of incremental interest rate hikes signaling confidence in the U.S. economy as a whole. Although the precipitous decline in oil prices has created headwinds in Houston, especially for multifamily and office sectors, even here, job growth remains positive. In the meantime, REITs are reconfiguring their portfolios to focus on new uses of space in the industrial and office sectors in response to new business models and advances in technology.

News

Data Center REIT Executive Says Rise of Cyber Attacks Globally a Major Concern

Kurt Manske, vice president of compliance and corporate IT at QTS Realty Trust, Inc. (NYSE: QTS), joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.

QTS Realty owns, operates and manages facilities nationwide, encompassing approximately 4.7 million square feet of data center infrastructure and supporting more than 850 customers. Manske said the biggest change in cybersecurity during the past year has been “the rise of the cyber state from an attacker perspective.”

News

Audit Specialist Views Fair Value Accounting as Major Change in Financial Reporting

Greg Ross, audit partner at Grant Thornton LLP, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.

According to Ross, one of the biggest changes in financial reporting that he has witnessed is the change related to fair value accounting.

“Investors want it, so there are a lot more items on the balance sheet today with fair value implications,” Ross said.

News

Data Center REIT Executive Say Rise of Cyber Attacks Globally a Major Concern

Kurt Manske, vice president of compliance and corporate IT at QTS Realty Trust, Inc. (NYSE: QTS), joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.

QTS Realty owns, operates and manages facilities nationwide, encompassing approximately 4.7 million square feet of data center infrastructure and supporting more than 850 customers. Manske said the biggest change in cybersecurity during the past year has been “the rise of the cyber state from an attacker perspective.”

News

Real Estate Sustainability a “Serious Topic” for Major Investors, Consultant Says

David Stanford, founder and executive managing director of professional services firm RealFoundations, joined REIT.com for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va.

RealFoundations is a Dallas-based management consultancy firm that specializes in the commercial real estate sector.

Stanford discussed the changes he has seen in the development of sustainability during the last few years.

News