Shopping Center REIT Wheeler Improving Capital Structure, CEO Says

Jon Wheeler, chairman and CEO of Wheeler Real Estate Investment Trust, Inc. (NASDAQ: WHLR), 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.

Wheeler commented that acquisitions were a driving force behind the company’s third quarter performance. Other contributing factors included a reduction in general and administrative expenses and increased streamlining of operations.

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Shopping Center REIT Weingarten “Cautiously Optimistic” on New Development

Drew Alexander, president and CEO of Weingarten Realty (NYSE: WRI), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Weingarten owns and operates neighborhood and community shopping centers in major metropolitan markets located in 18 states across the country.

Alexander said the company remains “cautiously optimistic” about new development, noting that Weingarten is working on a number of complicated projects that can take many years to finalize.

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Shopping Center REIT PREIT Says Investor Communication a “Huge Focus”

Joseph Coradino, CEO of Pennsylvania Real Estate Investment Trust (NYSE: PEI), joined REIT.com for a CEO Spotlight video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

PREIT owns and operates approximately 26 million square feet of retail space in the eastern half of the United States, with a concentration in the Mid-Atlantic region’s top metropolitan statistical areas.

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Study Highlights Sustainability Benefits of Brick-and-Mortar Shopping

Brick-and-mortar shopping represents a better sustainability performance compared to online shopping, according to a new white paper released by Simon Property Group (NYSE: SPG).

The study, conducted by Simon in conjunction with Deloitte Consulting, created a “cradle-to-grave” Lifecycle Analysis (LCA) that examines the environmental impact of all material, energy and fuels attributable to a product in its lifecycle.

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Shopping Center REIT Wheeler Generating Growth from Acquisitions

Jon Wheeler, chairman and CEO of Wheeler Real Estate Investment Trust, Inc. (NASDAQ: WHLR), joined REIT.com for a CEO Spotlight video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.

Wheeler noted that Nov. 19, 2015, marked the third-year anniversary of the company becoming a publicly traded REIT. “Since then we’ve grown exceptionally well,” he said.

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Shopping Center REIT Weingarten Focusing on Dense Urban Markets

Drew Alexander, president and CEO of Weingarten Realty (NYSE:WRI), joined REIT.com for a CEO Spotlight video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.

Alexander elaborated on the meaning behind the title of a recent investor presentation, Goodbye Kansas, Hello Hollywood.

“We think it’s an excellent tag line; it’s memorable and also accurate,” Alexander said.

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Shopping Center REIT Ramco-Gershenson Seeing Solid Occupancy

Dennis Gershenson, president and CEO of Ramco-Gershenson Properties Trust (NYSE: RPT), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Ramco-Gershenson owns and manages large, multi-anchor shopping centers in metropolitan markets within the United States.

Gershenson observed that occupancy levels for its core portfolio are particularly robust at this time, averaging about 95.5 percent.

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Wheeler REIT Buying Shopping Centers at Fast Pace

Jon Wheeler, chairman and CEO of Wheeler Real Estate Investment Trust Inc. (NASDAQ: WHLR), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Wheeler said he expects the company’s pace of acquisitions to pick up in the second half of 2015. He noted that the firm raised investment capital in the first half of the year. Usually, the firm purchases between eight and 10 shopping centers per year. This year, the company could buy as many as 20, according to Wheeler.

Jon Wheeler

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