In the latest episode of The REIT Report: NAREIT’s Weekly Podcast, Lea Overby, a managing director with Morningstar Credit Ratings, analyzed how the rise of the co-working trend is affecting the office real estate sector and commercial mortgage-backed securities (CMBS).
Medical Office REIT Healthcare Trust Expects to be Active in Acquisitions in 2017
Robert Milligan, CFO of Healthcare Trust of America (NYSE: HTA), joined REIT.com for a video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.
Milligan explained that Healthcare Trust, a medical office building specialist, focuses on 20 to 25 gateway markets where the company expects to see growth in the next 10 to 20 years.
Office REIT Columbia Property Trust Feeling Impact of Millennials
Nelson Mills, president and CEO of Columbia Property Trust (NYSE: CXP), 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.
Mills said millennials continue to impact the office sector.
“There’s rigorous competition for millennial talent, and that shapes the location of the space and configuration,” Mills noted, when speaking on the leasing requirements of tenants.
Physicians Realty Offering “New Level of Service” in Medical Office, CEO Says
John Thomas, president and CEO of health care REIT Physicians Realty Trust (NYSE: DOC), 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.
Physicians Realty was an active acquirer of properties in 2016. During the year, the company closed on a $ 700 million deal that Thomas described as “the largest transaction ever in the medical office space.”
Office REITs: Housing Innovation
Medical Office Buildings Provide Consistent Income Stream, Physicians Realty Trust Says
John Thomas, CEO of Physicians Realty Trust (NYSE: DOC), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Physicians Realty Trust is a medical office building REIT, primarily focused on leasing properties to doctors, hospital outpatient services, and healthcare delivery systems.
Increased Density Impacts Office Landlords’ Capital Needs, Piedmont CEO says
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.
Office REIT Columbia Property’s NYU Medical Center Lease “Very Significant,” CEO Says
Nelson Mills, president and CEO of Columbia Property Trust (NYSE: CXP), joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Columbia owns and operates class A office buildings concentrated in central business district locations, with more than half its portfolio in high-barrier-to-entry markets, including San Francisco, New York, Washington D.C., and Boston.
Malls, Apartment, Office REITs Candidates for M&A, Green Street Consultant Says
Dirk Aulabaugh, managing director with the Green Street Advisors Advisory & Consulting Group, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Green Street’s Advisory & Consulting Group advises private real estate companies, publicly traded and non-listed REITs, C-corps, real estate operating companies, hedge funds, pension funds, family offices, and other real estate market participants.
Office REIT Kilroy Reaching Sustainability Goals
In the the latest episode of The REIT Report: NAREIT’s Weekly Podcast, Sara Neff, senior vice president for sustainability with Kilroy Realty Corp. (NYSE: KRC), reviewed the results of the office REIT’s 2015 sustainability report.