REIT Rankings Best Real Estate Investment Trust Rankings – REIT Rankings
Mark Snyderman, fund manager at Fidelity Investments, joined REIT.com for a video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.
Snyderman manages the Fidelity Real Estate Income Fund, which invests in a mix of common stocks, preferred stocks, bonds and commercial mortgage-backed securities.
Investment real estate values increased by 4.1 percent during July 2016, according to the FTSE NAREIT PureProperty Index Series, which provides the earliest measurement of changes in the market values of properties held for investment purposes. Nationwide property appreciation averaged 12.1 percent since the beginning of 2016.
Property values nationwide dipped about 0.3 percent in April, as measured by the FTSE NAREIT PureProperty Index Series.
Brad Case, NAREIT’s senior vice president for research and industry information, noted that property values were firmer in the Midwest and East regions, both of which saw values increase in the range of 0.6 to 0.7 percent. On the other hand, property values declined by roughly 1.5 percent in the South and 1.1 percent in the West.
As Ramco-Gershenson Properties Trust (NYSE:RPT) nears its 20th anniversary as a publicly traded REIT in May, the shopping center owner continues to grow value by densifying and upgrading its portfolio.
The company has spent the last five years culling assets and making strategic acquisitions. It has cut its property holdings in the process from 90 centers in 2010 to 72 today. In that time, the value of its assets has more than doubled, according to Dennis Gershenson, president and CEO.
Property values nationwide increased about 5.6 percent in March as measured by the FTSE NAREIT PureProperty Index Series.
Brad Case, NAREIT’s senior vice president for research and industry information, noted that March saw rebounds in property values and the total returns that REITs receive from ownership of their properties.
Property values nationwide increased 0.4 percent in February as measured by the FTSE NAREIT PureProperty Index Series.
Brad Case, NAREIT’s senior vice president for research and industry information, noted that February was marked by “a marginal increase in property values, even though we saw a marginal decline in total returns for REITs.” The total returns of the FTSE/NAREIT All REIT Index fell 0.3 percent in February.
Tim Riddiough, a professor in the Department of Real Estate and Urban Land Economics at the Wisconsin School of Business at the University of Wisconsin Madison, joined REIT.com for a video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.
Riddiough discussed his recent research on the relationship between REITs and their capital structures. He explained that the motivation for the study came from the insufficient appreciation given to the value of REITs’ financial management.
Seth Weintrob, managing director at Morgan Stanley, joined REIT.com for a video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
Weintrob commented on the current level of property valuations and the implications for deal-making.
“Property values are definitely healthy. The values of all assets these days are healthy, and in some sense, when you look at U.S. real estate, there’s a little bit of a Goldilocks environment from an investor standpoint,” Weintrob said.
Paul Pittman, chairman, president and CEO of Farmland Partners Inc. (NYSE: FPI), joined REIT.com for a CEO Spotlight video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.
Farmland Partners invests in primary row crop farmland throughout North America. The substantial majority of the farms in the current portfolio are devoted to primary crops such as corn, soybeans and wheat. Farmland became a publicly traded company earlier this year.
