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.

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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.

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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.

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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.

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