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Howard Schwimmer and Michael Frankel, co-CEOs of Rexford Industrial Realty Inc. (NYSE: REXR), 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.
Rexford has increased the square footage of its Southern California-based portfolio by 21 percent since the beginning of 2015. Schwimmer discussed what has been driving the activity.
Sam Landy, president and CEO of UMH Properties (NYSE: UMH), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Landy said sales of manufactured housing are slow because buyers are struggling to find financing. However, UMH is doing “very well” with its rental business, Landy said.
Occupancy rates in most of UMH’s housing communities should reach “high 90 percent,” according to Landy.
