CEO Says e-Commerce a “Friend” to Retail REIT Ramco-Gershenson

Dennis Gershenson, president and CEO of Ramco-Gershenson Properties Trust (NYSE: RPT), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Ramco-Gershenson owns and manages multi-anchor shopping centers primarily located in about a dozen of the largest metropolitan markets in the United States. The REIT is celebrating its 20th anniversary as a publicly traded company this year.

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Shopping Center REIT Weingarten “Cautiously Optimistic” on New Development

Drew Alexander, president and CEO of Weingarten Realty (NYSE: WRI), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Weingarten owns and operates neighborhood and community shopping centers in major metropolitan markets located in 18 states across the country.

Alexander said the company remains “cautiously optimistic” about new development, noting that Weingarten is working on a number of complicated projects that can take many years to finalize.

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Multifamily REIT Monogram Sees Bulk of Growth From Development

Mark Alfieri, president, CEO and COO of Monogram Residential Trust (NYSE: MORE), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Monogram’s portfolio includes investments in 55 multifamily communities in 10 states comprising more than 15,000 apartment homes.

Alfieri stressed the importance of development for the company, noting that it will continue to account for about 70 percent of growth in the long term.

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Devonshire REIT Restructuring Balance Sheet, CEO Says

Michael Carroll, CEO of Devonshire REIT, Inc., joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Devonshire is a private REIT that owns, operates and develops shopping centers in the Midwest, Great Lakes and Southeastern regions of the United States.

Carroll, who was appointed CEO in May, highlighted his priorities for the short and medium terms.

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Real Estate Fundamentals Look Solid, Says REIT Analyst

Paul Adornato, managing director at BMO Capital Markets, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Adornato said most real estate sectors are “looking pretty good” for the second half of the year: Although November’s general election is a “wild card,” the economy remains on a slow-growth track, which is positive for REITs.

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REIT Volatility Defined First Half, Fund Manager Says

Joel Beam, managing director at Salient Partners, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

According to Beam, volatility has been the dominant theme for REITs in the first half of 2016.

“Volatility really has been the story from our point of view, and I think it’s really what gives investment managers that challenge of staying steady at the wheel,” he said.

Looking to the second half, Beam said he will be focused on “the landscape of returns.”

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