REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
Roger Waesche, Jr., president and CEO of Corporate Office Properties Trust (NYSE: OFC), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Jon Bortz, chairman, president and CEO of Pebblebrook Hotel Trust (NYSE: PEB), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Bortz described the operating fundamentals for hotels in U.S. gateway markets as “terrific.” The recovery in the economy has been positive for the hotel sector, and business and leisure travel rates have held steady, according to Bortz.
Richard Smith, president and CEO of FelCor Lodging Trust Inc. (NYSE: FCH), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
FelCor is currently undertaking a multiyear repositioning initiative program. Smith said the company has made “tremendous progress” on the initiative.
“We had a ton of stuff to do,” Smith said. “Everything had to change.”
Jeremy Banoff, senior managing director at FPL Associates L.P., joined REIT.com for a video interview to discuss the 2015 NAREIT Compensation Survey.
FPL partners with NAREIT on the annual NAREIT Compensation Survey. This year’s survey contains record-setting responses from 135 REITs and real estate operating companies providing information on 132 positions. Participants in the survey represent approximately 75 percent of the equity market capitalization of listed Equity REITs.
William Bayless, president and CEO of American Campus Communities, Inc. (NYSE: ACC), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Thomas Nolan, chairman and CEO of Spirit Realty Capital (NYSE: SRC), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Scottsdale, Ariz.-based Spirit Realty Capital was formed in 2003 to purchase single-tenant, net lease properties. The company booked close to $ 1 billion in acquisitions in 2014.
Jerry Barag, president and CEO of CatchMark Timber Trust, Inc. (NYSE: CTT), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Barag began the interview with an overview of the company’s acquisition activity. He noted that the first half of 2015 has been quite different from 2014. Whereas 2014 saw a steady stream of medium-sized deals, the first half of 2015 has seen either very large deals or very small ones.
REIT returns lost ground in the first half of 2015, in part over expectations of the potential market impact of rising interest rates.
For the year to July 6, total returns from the FTSE/NAREIT All REIT Index declined 3.2 percent. The S&P 500 was up 1.5 percent during the same period. The yield on the 10-year Treasury note gained 0.1 percent during that time.
