Paul Dalla Lana steers NorthWest Healthcare Properties toward international growth.
NorthWest Healthcare’s Global Track
GRESB COO Says Global Real Estate Sustainability Efforts on Upward Track
Chris Pyke, COO of the Global Real Estate Sustainability Benchmark (GRESB), joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.
Commenting on the 2015 GRESB Survey, Pyke said he was “impressed and surprised” that the entire real estate industry’s sustainability achievements are on an upward track.
“The entire industry, on a global basis, is in motion. They are doing more, achieving higher levels and that is broad-based and sustained,” he said.
CMBS Delinquencies Continue on Downward Track
The delinquency rate for commercial mortgage-backed securities (CMBS) continues to head lower, as borrowers refinance debt ahead of a wave of maturities in 2017.
The CMBS delinquency rate, which includes loans that are 30 days or more past due, fell to 5.42 percent in July, compared with 5.66 percent six months ago and 6.04 percent a year earlier, according to commercial real estate consulting firm Trepp LLC.
Net Lease REIT Agree Realty on Track to Boost Acquisition Volume in 2015
Joey Agree, president and CEO of Agree Realty Corp. (NYSE: ADC), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Agree Realty REIT focuses on the development and acquisition of net lease retail properties throughout the United States.
During the six months to June 30, the company acquired 44 net lease properties for about $ 123 million. The properties are leased to 27 retail tenants operating across 17sectors, and are located in 18 states.
Net Lease REIT STORE Capital on Track for $1 Billion in Acquisitions in 2015
Chris Volk, president and CEO of STORE Capital Corp. (NYSE: STOR), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
STORE is an acronym for single-tenant operational real estate, which is the company’s target market. STORE’s tenants operate across a variety of industries within the service, retail and industrial sectors. Restaurants, health clubs, early childhood education centers, movie theaters and furniture stores represent the top industries in its portfolio.
Fundamentally Speaking: Despite Disappointing Jobs Data, Economic Recovery on Track
In the latest edition of Fundamentally Speaking, Calvin Schnure, NAREIT’s vice president for research and industry information, said the economic recovery remains largely on track despite a disappointing August employment report.
Schnure noted that the gain of 142,000 new jobs in August was a “big disappointment,” especially since “all this year we’ve seen growing strength” with some monthly jobs reports well above the 200,000 level.
