In a special edition of the The REIT Report: NAREIT’s Weekly Podcast, Fulya Kocak, NAREIT’s vice president for environmental, social and governance issues, spoke with spoke with Jeff Bedell, vice president for sustainability at Macerich (NYSE: MAC).
Iron Mountain CEO Sees Scope for More Consolidation
William Meaney, president and CEO of Iron Mountain Inc. (NYSE: IRM), 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.
REIT Veteran Henry Sees “Very Bright” Future for Industry
David Henry, retired vice chairman, president and CEO of Kimco Realty Corp. (NYSE: KIM) and co-founder of Peaceable Street Capital, joined REIT.com for a video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.
Veteran REIT Observer Sees Continued Growth for Industry
Ken Campbell, co-founder of CBRE Clarion Securities, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Campbell, a long-time REIT industry observer, founded the first REIT-dedicated publication, Realty Trust Review, in 1970.
According to Campbell, the REIT industry still has plenty of room to grow.
PGIM Portfolio Manager Sees Disconnect in REIT Stock Prices
Rick Romano, managing director and portfolio manager at PGIM Real Estate , joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Romano commented on the surprise developments he has seen in the REIT market so far this year. One of the biggest surprises, according to Romano, has been the disconnect between net asset value (NAV) and price performance for core real estate.
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.
Life Science REIT Alexandria Sees Healthy Demand
Peter Moglia, chief investment officer at Alexandria Real Estate Equities (NYSE: ARE), joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Alexandria provides real estate for the life science and technology industries. The company is active in the San Francisco Bay area, Boston, San Diego, New York and Seattle markets, among others.
Real Estate Strategist Sees Likelihood of Market Pause
Multifamily REIT Post Properties Sees Housing Market in Balance
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.
Fund Manager Sees Potential for Increased Real Estate Volatility as Valuations Rise
Sherry Rexroad, chief investment officer with BlackRock Global Real Estate Securities, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.
Rexroad offered perspective on the level of volatility in commercial real estate markets. She stressed that volatility has largely been driven by macroeconomic and monetary policy, rather than real estate fundamentals.