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Louis Conforti, CEO of retail REIT Washington Prime Group Inc. (NYSE: WPG), joined REIT.com for a CEO Spotlight video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.
Conforti was named interim CEO of the company in June and appointed to permanent position in October. He said his top goals since taking over have been buttressing the company from an operational standpoint and practicing financial prudence.
Thomas Nolan, chairman and CEO of triple-net lease REIT Spirit Realty Capital (NYSE: SRC), joined REIT.com for a CEO Spotlight video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.
Nolan said Spirit has now achieved its goal of becoming an investment-grade company. Access to the unsecured debt market allows Spirit to run its balance sheet and the entire company more efficiently, he added.
Equity REITs and other publicly traded real estate companies were officially elevated to a new Real Estate Sector in the Global Industry Classification Standard (GICS), after the close of trading Sept. 16.
S&P Dow Jones Indices implemented the changes to coincide with their annual rebalance.
Equity REITs and other publicly traded real estate companies were moved out from the Financials Sector and into a standalone 11th sector. Mortgage REITs remain in the Financials Sector.
In the latest episode of The REIT Report: NAREIT’s Weekly Podcast, Jack Rosenberg, national director of logistics and transportation with Colliers, discussed some of the latest trends and developments in industrial real estate.
Tim Mihalick, president and CEO of Investors Real Estate Trust (NYSE: IRET), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
The company announced earlier this month that it would exit the health care and industrial markets in order to become a pure-play multifamily REIT based in the Midwest. In 2015, it disposed of its office and retail assets.
The single-family rental housing sector is showing signs of growth and maturation, according to real estate executives who participated in a panel discussion at REITWeek 2016: NAREIT’s Investor Forum.
The single-family rental housing sector is showing signs of growth and maturation, according to real estate executives who participated in a panel discussion at REITWeek 2016: NAREIT’s Investor Forum.
In the latest episode of the NAREIT Podcast, Lukas Hartwich, a senior analyst with Green Street Advisors, discussed the recent transaction activity in the hotel sector.
The Global Real Estate Sustainability Benchmark (GRESB) 2015 Survey results released Sept. 2 point to improved environmental performance by the global real estate industry.
Demand for industrial space is expected to remain healthy for the rest of 2015, supported by solid economic fundamentals, rising consumer demand and the continued expansion of e-commerce, according to market watchers.
A report from the NAIOP Research Foundation forecasts net demand for industrial space could grow 8 percent in 2015, up from 224 million square feet in 2014.