REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
Ramin Kamfar, chairman and CEO of Bluerock Residential Growth REIT, Inc. (NYSE: BRG), 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.
Bluerock acquires institutional-quality apartment properties in growth markets across the United States.
Jon Wheeler, chairman and CEO of Wheeler Real Estate Investment Trust Inc. (NASDAQ: WHLR), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Wheeler said he expects the company’s pace of acquisitions to pick up in the second half of 2015. He noted that the firm raised investment capital in the first half of the year. Usually, the firm purchases between eight and 10 shopping centers per year. This year, the company could buy as many as 20, according to Wheeler.
Michael Landy, president and CEO of Monmouth Real Estate Investment Corp. (NYSE: MNR), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Monmouth currently has an acquisition pipeline of 2.3 million square feet in place, representing $ 250 million in class-A industrial space. By the end of the 2015 fiscal year on Sept. 30, Monmouth will have increased its gross leasable area by 30 percent. Landy said the company is also anticipating double-digit growth in 2016.
Thomas Nolan, chairman and CEO of Spirit Realty Capital (NYSE: SRC), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Scottsdale, Ariz.-based Spirit Realty Capital was formed in 2003 to purchase single-tenant, net lease properties. The company booked close to $ 1 billion in acquisitions in 2014.
In the latest edition of Quick Study, Brad Case, NAREIT’s senior vice president for research and industry information, reviewed market gains in November and longer-term trends in the REIT sector.
The total returns on the FTSE NAREIT All REITs Index were 2.3 percent for November. While returns on the S&P 500 Index rose 2.7 percent last month, Case noted that REITs outperformed small and mid-sized companies.
For the year through Nov. 28, the FTSE NAREIT All REITs Index was up 25.8 percent, compared with a 14 percent gain for the S&P 500 Index.
Drew Sims, chairman and CEO of SoTHERLY Hotels Inc. (NASDAQ: SOHO), joined REIT.com for a CEO Spotlight video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.
Following a quiet period for acquisitions in the period from 2008 until late 2013, the company recently closed on two transactions. Sims was asked how those deals came about and whether they are a sign of more activity to come.
