REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
The single-family home rental sector should experience solid growth for at least the next decade, buoyed in part by demand from millennials, a shortage of housing and greater acceptance as a viable investment, according to the CEOs of single-family housing REITs.
The CEOs participated in a Dec. 6 panel discussion presented by the National Rental Home Council at the IMN SFR Investment Forum West in Phoenix.
Ella Neyland, president of Steadfast Income REIT and Steadfast Apartment REIT, joined REIT.com for a video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.
Steadfast Income and Steadfast Apartment are public non-listed REITs. Neyland discussed the growth potential in Steadfast’s area of focus: moderate-income apartments located in secondary markets.
Net lease REITs see continued opportunities to expand their operations going forward in both foreign and domestic markets, according to executives speaking at REITWeek 2015: NAREIT’s Investor Forum.
Christopher Volk, president and CEO of STORE Capital Corp. (NYSE: STOR), said he expects acquisition volumes to be higher in the net lease sector in 2016. STORE Capital invested $ 1.1 billion in 2014.
“The (net lease) space itself is embryonic,” he said.