REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
Glenn Rufrano, CEO at VEREIT, Inc (NYSE: VER), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
VEREIT owns and manages a diversified portfolio of retail, restaurant, office and industrial real estate assets subject to long-term net leases.
In May, VEREIT doubled the size of its initial bond offering to $ 1 billion. Rufrano said actual demand for the offering totaled $ 5.5 billion.
Ragavan Bala, managing director of real estate investment banking group and head of real estate mergers and acquisitions (M&A) at Barclays PLC, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Bala noted that REIT M&A activity levels are generally consistent with the last couple of years, but the type of activity has changed. Whereas three to four years ago activity was mainly driven by nontraded REITs, activity in 2016 has been more public-to-public, he said.
Scott Fordham, president and CEO of TIER REIT (NYSE: TIER), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Dallas-based TIER REIT operates a portfolio of office properties in select markets that lead the nation in both population and office-using employment growth.
Fordham said fundamentals remain “very strong” in TIER REIT’s core markets of Austin, Texas; Dallas; Atlanta; Nashville, Tennessee; Charlotte, North Carolina; and Denver.
Dave Schulte, president and CEO of CorEnergy Infrastructure Trust, Inc. (NYSE:CORR), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
CorEnergy primarily owns midstream and downstream energy infrastructure assets that perform utility-like functions, such as pipelines, storage terminals, and transmission and distribution assets.
Greg Steele, managing director and head of REIT investment banking at Capital One Securities, Inc., joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Steele said the level of capital markets activity so far this year is “not surprising, given the backdrop of what’s been going on in the equity and bond markets.” He noted that fundamentals remain strong, along with stable cap rates, and a level of demand that well exceeds supply.
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.
Speculation surrounding negative interest rates has been a consistent topic in 2016. Grant commented on the practical considerations for REITs and their financings.
Justin Hutchens, chief investment officer at HCP, Inc. (NYSE: HCP), joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Earlier this year, HCP announced it would spin off its ManorCare portfolio of skilled nursing and assisted living assets into an independent, publicly traded REIT. Hutchens said the decision was made following a number of years of efforts to try to reposition the portfolio.
Dave Stockert, president and CEO of Post Properties (NYSE: PPS), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Atlanta-based Post Properties is a developer and operator of multifamily communities in the United States.
Stockert discussed supply and demand fundamentals in the company’s core markets.
Joseph Coradino, CEO of Pennsylvania Real Estate Investment Trust (NYSE: PEI), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
PREIT owns and operates approximately 26 million square feet of retail space in the eastern half of the United States, with a concentration in the Mid-Atlantic region’s top metropolitan statistical areas.
Mark DeCesaris, CEO of W.P. Carey Inc. (NYSE: WPC), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
W.P. Carey is a global net-lease REIT that provides long-term sale-leaseback and build-to-suit financing solutions for companies worldwide.
