Net Lease REIT Four Corners Looking to Diversify Portfolio

Bill Lenehan, CEO of Four Corners Property Trust, Inc. (NYSE: FCPT), 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.

Four Corners spun off from Darden Restaurants Inc. in November 2015. The REIT operates a portfolio of approximately 440 restaurants located across 44 states.

“We’re in much more of a steady state for growing the portfolio and diversifying,” Lenehan said.

News

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.

News

Lodging REIT LaSalle Hotel Properties Focused on Organic Growth

Michael Barnello, president and CEO of LaSalle Hotel Properties (NYSE: LHO), 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.

Barnello reflected on the current state of the lodging sector. During the last couple of years, “supply has been increasing while demand has not been as strong,” he said. While Barnello expects the trend to continue into 2017, he stressed that this is a normal development in the sector.

News

REIT Rebound Highlights Interest in Undervalued Assets, Case Says

In the latest edition of Quick Study, Brad Case, NAREIT’s senior vice president for research and industry information, said a rebound in REIT returns during December was likely caused by investor interest in undervalued assets.

The FTSE/NAREIT All REIT Index had a total return of 4.2 percent in December following four consecutive months of downturns. The S&P 500 index was up 2.0 percent in December.

“It was very difficult to make the case that REITs were overvalued. Investors started to recognize that and come back into the REIT market,” Case said.

News

Life Science REIT Alexandria Gaining Pricing Power

Peter Moglia, chief investment officer at Alexandria Real Estate Equities (NYSE: ARE), 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.

Alexandria provides real estate for the life science and technology industries. The company is active in the San Francisco Bay Area, Boston, San Diego, New York and Seattle markets, among others.

News

Data Center REIT CyrusOne Eyeing International Expansion

Gary Wojtaszek, president and CEO of CyrusOne (NASDAQ: CONE), 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.

Wojtaszek commented on the “digital tsunami” of demand that CyrusOne anticipates in coming years. He noted that a 500 percent increase in the number of connected devices is expected  in the next five years alone.

News