REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
Arlen Nordhagen, president and CEO of National Storage Affiliates (NYSE: NSA), 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.
National Storage Affiliates recently closed on the $ 650 million joint venture acquisition of iStorage. Nordhagen said the company has about another 30 assets under contract, or recently closed, bringing the year-end acquisitions total to about $ 1.3 billion.
Amy Tait, chairman and CEO of private REIT Broadstone Real Estate, 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.
Tait described overall investor interest in private REITs as “terrific.” She said Broadstone is raising equity every month on a regular basis at levels that are on par with the best the company has ever seen.
“I don’t expect that to change,” she commented.
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.
In the latest episode of The REIT Report: NAREIT’s Weekly Podcast, Gil Menna, partner with Goodwin Procter, shared his thoughts on the high volume of REIT IPOs taking place globally in 2016.
Menna attributed the IPO surge to low interest rates around the world.
“You’re getting a current, ongoing yield [from real estate],” Menna said, “and I think that is what is driving the interest globally.”
Laura Grant, director of global real estate hedging and capital markets group at Chatham Financial, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Negative interest rates have been a consistent topic in 2016. Grant commented on the practical considerations for REITs and their financings.
Kevin Grant, president and CEO of CYS Investments, Inc. (NYSE: CYS), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
CYS Investments owns mortgage securities guaranteed by Fannie Mae, Freddie Mac or Ginnie Mae.
Grant offered an overview of how CYS operates and how the company differs from an Equity REIT.
David Toti, managing director and senior equity research analyst in the real estate group of BB&T Capital Markets, joined REIT.com for a video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.
Toti was asked whether interest rates will continue to be a key topic of conversation for REITs in 2016.
“Absolutely. Interest rates will always be part of the conversation of an asset that is levered, particularly after a very long period of ultra-low rates because of global liquidity forces,” Toti responded.
REALpac is Canada’s senior national industry association for owners and managers of investment real estate, with members that include publicly traded real estate companies, REITs, private companies, pension funds, banks and life insurance companies with investment real estate assets each in excess of $ 100 million.
In the latest episode of the NAREIT Podcast, Joe Fisher, director with Deutsche Asset & Wealth Management, discussed research on the performance of REITs in periods of rising interest rates.
Rising interest rates are generally seen as a drag on REITs’ performance and returns, according to Fisher, because they raise the cost of capital, and real estate is a capital-intensive business.
