Devonshire REIT Restructuring Balance Sheet, CEO Says

Michael Carroll, CEO of Devonshire REIT, Inc., joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Devonshire is a private REIT that owns, operates and develops shopping centers in the Midwest, Great Lakes and Southeastern regions of the United States.

Carroll, who was appointed CEO in May, highlighted his priorities for the short and medium terms.

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REITs Praised for Balance Sheet Management

Steven Marks, managing director with Fitch Ratings, joined REIT.com for a video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.

While Fitch Ratings looks at REIT’s capital structures on a case-by-case basis, Mark said the ratings agency has found widespread improvement in REITs’ use of leverage.

Steven Marks

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