Washington Prime CEO Stresses Need for “Dynamism” in Retail Sector

Louis Conforti, CEO of retail REIT Washington Prime Group Inc. (NYSE: WPG), 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.

Conforti was named interim CEO of the company in June and appointed to permanent position in October. He said his top goals since taking over have been buttressing the company from an operational standpoint and practicing financial prudence.


Simon Sustainability Executive Stresses Importance of Properly Explaining Green Leases

Mona Benisi, director of sustainability at Simon Property Group, Inc. (NYSE: SPG), joined REIT.com for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va.

Benisi noted that one of the issues surrounding green leases in the retail sector is that of properly explaining what the contract involves.

“It’s a new topic; it’s evolving, both for landlords and tenants.  I think a big challenge is having proper communication and really explaining what is part of a green lease,” Benisi said.