Professor Forecasting Strong Fundamentals for REITs

Glenn Mueller, a University of Denver professor and real estate investment strategist at Dividend Capital Group, joined REIT.com for a video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Mueller said that based on occupancy and rent data, the real estate cycle appears to have moved through the recovery phase and is now in a strong growth phase in a majority of markets throughout the country.

Mueller indicated that the top of the cycle may have been reached in the apartment sector, whereas other property types have not yet reached that point.

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BMO Banker Sees Strong Investor Support in Real Estate Capital Markets

Mark Decker Jr., group head of U.S. real estate at BMO Capital Markets, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.

Decker discussed the state of the real estate capital markets.

“They’re in great shape,” he said. “There’s a lot of access to all the markets. Pick your flavor. If you’ve got a good use for the money, there’s a lot of investor support,” he said.

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Fundamentally Speaking: Multifamily Market Still Strong for REITs

In the latest edition of Fundamentally Speaking, Calvin Schnure, NAREIT’s senior vice president for research and industry information, said economic developments haven’t hampered the strength of the multifamily real estate market.

Concerns about new multifamily supply and a possible shift to home buying have not materialized, Schnure noted.

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REIT Bondholders Benefitting from Strong Corporate Governance, Fitch Ratings Finds

Most U.S. Equity REITs have strong corporate governance attributes that benefit bondholders, and they should ease their concerns about the impact of investor activism, according to a report from ratings agency Fitch Ratings, Inc.

Based on its review of 64 U.S. Equity REITs, Fitch concluded that “corporate governance is pretty strong for bondholders in the REIT space,” said Sean Pattap, a senior director at Fitch. “The positives outweigh the negatives,” he added.

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Bluerock CEO Sees Strong Growth Prospects in Multifamily Rental Market

Bluerock Real Estate LLC Chairman and CEO Ramin Kamfar joined REIT.com for a CEO Spotlight video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.

The firm’s Total Income + Real Estate fund pursues a mix of 80 percent private real estate and 20 percent public real estate investments. Meanwhile, Bluerock Residential Growth REIT, Inc. (NYSE: BRG), which completed a public offering in April, is focused on institutional-quality apartment properties in demographically attractive growth markets throughout the United States.

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High-End Malls Going Strong, Analyst Says

D.J. Busch, analyst with Green Street Advisors, joined REIT.com for a video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.

Busch, who covers the mall sector, disputed the suggestion that the era of enclosed malls is over. He did acknowledge that a limited number of newly built traditional malls are coming online. However, he also noted that mall market fundamentals remain strong.

D.J. Busch

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