Lodging REIT Seeing Benefits from Renovations

John Murray, president and COO of Hospitality Properties Trust (NYSE: HPT), joined REIT.com for a video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Hospitality Properties Trust invests in hotels and travel centers in the United States, Puerto Rico and Canada. The company and three of its sister REITs recently announced they would acquire approximately half of their external manager, RMR LLC.

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Lexington Realty CEO Says REIT Expects More Sale-Leaseback Deals

T. Wilson Eglin, president and CEO of Lexington Realty Trust (NYSE: LXP), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Lexington owns a diversified portfolio of equity and debt interests in single-tenant commercial properties and land. The company has increased its dividend 70 percent during the past four years. Eglin explained the factors behind that growth.

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Net Lease REIT Agree Realty on Track to Boost Acquisition Volume in 2015

Joey Agree, president and CEO of Agree Realty Corp. (NYSE: ADC), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Agree Realty REIT focuses on the development and acquisition of net lease retail properties throughout the United States.

During the six months to June 30, the company acquired 44 net lease properties for about $ 123 million. The properties are leased to 27 retail tenants operating across 17sectors, and are located in 18 states.

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Shopping Center REIT Ramco-Gershenson Seeing Solid Occupancy

Dennis Gershenson, president and CEO of Ramco-Gershenson Properties Trust (NYSE: RPT), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Ramco-Gershenson owns and manages large, multi-anchor shopping centers in metropolitan markets within the United States.

Gershenson observed that occupancy levels for its core portfolio are particularly robust at this time, averaging about 95.5 percent.

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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.

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Rayonier CEO Says REIT Benefits From Diversification of Timber Markets

David Nunes, president and CEO of Rayonier Inc. (NYSE: RYN), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

In 2014 Rayonier spun off its Performance Fibers manufacturing business in order to focus on its forest products and timber operations.

Nunes described the split as a “natural progression” for the company. The REIT emerged as a “more pure timber play,” Nunes said, owning 2.7 million acres in the United States and New Zealand.

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Data Center REIT CyrusOne Enjoying Benefits of Scale

Gary Wojtaszek, president and CEO of CyrusOne, Inc., (NASDAQ: CONE), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Wojtaszek explained that CyrusOne is one of the largest data center companies in the country, concentrating on serving Fortune 1000 companies. CyrusOne began with one data center in 2001; its portfolio now includes more than 30 facilities across three continents.

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Equity Commonwealth CEO Says REIT Focused on Disposing of Assets

David Helfand, president and CEO of Equity Commonwealth (NYSE: EQC), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Based in Chicago, Equity Commonwealth owns commercial office properties throughout the United States and Australia. In May 2014, a new board of trustees and management team were appointed to lead the company, formerly known as CommonWealth REIT. Equity International Chairman Sam Zell serves as chairman of Equity Commonwealth’s board.

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