In the latest edition of Quick Study, Brad Case, NAREIT’s senior vice president for research and industry information, said optimism among U.S. real estate investors seems to have increased in the wake of the Brexit vote in the United Kingdom.
Parkway Properties CEO Expects Asset Sales to Slow
Jim Heistand, president and CEO of Parkway Properties, Inc. (NYSE: PKY), 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.
Parkway Properties owns and operates office properties located in higher-growth submarkets in the Sun Belt region of the United States.
LaSalle CEO Expects Hotel Deals to Slow in 2016
Michael Barnello, president and CEO of LaSalle Hotel Properties (NYSE: LHO), 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.
LaSalle focuses on upscale, full-service hotels, in 14 markets across 10 states and the District of Columbia. Barnello gave an overview of fundamentals in the upscale sector of the hotel market.
EY Partner: Slow Progress Toward Global Convergence on Accounting Standards
Serena Wolfe, partner at professional services firm EY, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.
Wolfe commented on the possibility of reaching global convergence on accounting standards.
“We as a firm are fully supportive of a single set of high-quality financial standards that are applied globally,” she said. “I think we are moving towards that.”