REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
Andrew Sims, chairman and CEO of SoTHERLY Hotels Inc. (NASDAQ: SOHO), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
SoTHERLY owns a portfolio of full-service hotels primarily located in the high-growth markets of the Southern United States.
Group travel has been a catalyst for growth at SoTHERLY so far this year. Sims discussed factors behind those gains.
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.
In the latest episode of the NAREIT Podcast, Creede Murphy, vice president and investment analyst with American Assets Capital Advisers, discussed his firm’s research on REITs’ role in optimized investment portfolios.
Murphy said performance data show REITs have “typically” outperformed major asset classes over “just about any [long-term] time period.” REITs do have “slightly higher” volatility than stocks, according to Murphy.
Michael Glimcher, vice chairman and CEO of WP Glimcher (NYSE: GRT), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Glimcher helped oversee the merger between Glimcher Realty Trust and Washington Prime in 2014 that led to the formation of WP Glimcher in January. Glimcher said the newly formed company is building across all retail sectors.
Sam Landy, president and CEO of UMH Properties (NYSE: UMH), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Landy said sales of manufactured housing are slow because buyers are struggling to find financing. However, UMH is doing “very well” with its rental business, Landy said.
Occupancy rates in most of UMH’s housing communities should reach “high 90 percent,” according to Landy.
David Henry, vice chairman and CEO of Kimco Realty Corp. (NYSE: KIM), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Henry is stepping down at the end of the year and turning over the CEO position to Conor Flynn. Henry said ensuring that the transition is “easy for the market” has been one of Kimco’s chief goals.
Joseph Coradino, CEO of Pennsylvania Real Estate Investment Trust (NYSE: PEI), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
PREIT owns shopping centers in 12 states in the eastern half of the United States. Its assets are concentrated in the Mid-Atlantic region and Philadelphia.
Paul Pittman, executive chairman, president and CEO of Farmland Partners Inc. (NYSE: FPI), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Farmland Properties, which invests in primary row crop farmland throughout North America, became a stock exchange-listed REIT in 2014. At the time of its initial public offering, its portfolio contained 7,300 acres. That has grown to more than 70,000 acres today.
Glenn Mueller, a University of Denver professor and real estate investment strategist at Dividend Capital Group, joined REIT.com for a video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Mueller said that based on occupancy and rent data, the real estate cycle appears to have moved through the recovery phase and is now in a strong growth phase in a majority of markets throughout the country.
Mueller indicated that the top of the cycle may have been reached in the apartment sector, whereas other property types have not yet reached that point.
A new report concludes that committing to sustainability pays off for REITs.
REITs with higher Global Real Estate Sustainability Benchmark (GRESB) scores outperform their peers in terms of returns, according to a study from the University of Cambridge. The study also showed that when adjusted for risk, there is a significant link between REITs’ portfolio sustainability indicators and their performances in the stock market.