Benjamin Schall, CEO of Seritage Growth Properties (NYSE: SRG), 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.
Seritage is the real estate spinoff of Sears Holding Corp. It began trading as a public company in July.
Texas Christian Team Leads Real Estate Portfolio Challenge
Students from Texas Christian University are currently leading the Real Confidence University Portfolio Challenge, a year-long competition featuring teams from 15 universities seeking to create the best-performing portfolio from a mixture of real estate investments.
NAREIT has partnered in the challenge with the National Council of Real Estate Investment Fiduciaries (NCREIF). Altus Group Ltd., a provider of independent advisory services, is managing the project.
Kilroy: Upside Embedded in Office REIT Portfolio
John Kilroy, chairman, president and CEO of Kilroy Realty Corp. (NYSE: KRC), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Following the company’s sale of 10 West Coast office buildings earlier this year, Kilroy discussed the importance of capital recycling to the firm’s capacity to fund future growth.
American Residential Properties says REIT Focused on Stabilizing Portfolio
Stephen Schmitz, chairman and CEO of American Residential Properties (NYSE: ARPI), and Laurie Hawkes, the company’s president and COO, joined REIT.com for a video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
American Residential Properties acquires, renovates, leases and manages single-family properties across 13 states.
Schmitz discussed whether the company continues to see acquisitions as the most important generator of strategic value.
Corporate Office Properties CEO Bullish on REIT’s Baltimore Area Portfolio
Roger Waesche, Jr., president and CEO of Corporate Office Properties Trust (NYSE: OFC), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Apartment REIT MAA Pruning Portfolio
Eric Bolton, chairman and CEO of MAA (NYSE: MAA), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
MAA focuses on the acquisition, development and management of apartment properties throughout the Southeast and Southwest regions of the United States. Bolton said the company is continuing to see positive rent growth across its portfolio.
NAREIT and Partners Sponsor University Real Estate Portfolio Challenge™
NAREIT and two other partners are sponsoring the first annual Real Confidence University Portfolio Challenge™, in which teams from 15 universities vie to create the best-performing portfolio from a mixture of real estate investments.
Portfolio Adviser Says REITs Improve Long-Term Returns
In the latest episode of the NAREIT Podcast, Creede Murphy, vice president and investment analyst with American Assets Capital Advisers, discussed his firm’s research on REITs’ role in optimized investment portfolios.
Murphy said performance data show REITs have “typically” outperformed major asset classes over “just about any [long-term] time period.” REITs do have “slightly higher” volatility than stocks, according to Murphy.
Columbia Property Trust Making Progress on Remaking Portfolio
Nelson Mills, president and CEO of Columbia Property Trust Inc. (NYSE: CXP), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Founded in 2003, Columbia Property Trust is one of the nation’s largest office REITs. The company listed its shares on the New York Stock Exchange in October 2013.
Unibail-Rodamco Still Reshaping Retail Portfolio
Jaap Tonckens, chief financial officer of Unibail-Rodamco (Paris: UL.PA), joined REIT.com for a video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Unibail-Rodamco began work in 2009 to reshape its portfolio and focus on large shopping centers located in wealthy and densely populated areas of major European cities. Tonckens said that although the company has exceeded its stated intentions in terms of culling the portfolio, the process is ongoing.