Monmouth Celebrating 50 Years as Public REIT

Mike Landy, president and CEO of Monmouth Real Estate Investment Corp. (NYSE: MNR), 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.

This year marks Monmouth’s 50th anniversary as a public REIT. Landy described the milestone as a “remarkable achievement.” He noted that his father, Eugene Landy, Monmouth’s founder and chairman, is still actively involved on a daily basis.

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REIT M&A Activity More Public-to-Public Than in Previous Years, Barclays Says

Ragavan Bala, managing director of real estate investment banking group and head of real estate mergers and acquisitions (M&A) at Barclays PLC, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York.

Bala noted that REIT M&A activity levels are generally consistent with the last couple of years, but the type of activity has changed. Whereas three to four years ago activity was mainly driven by nontraded REITs, activity in 2016 has been more public-to-public, he said.

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Sustainability Advisor Sees Consolidation of Standards in Next Few Years

Sunil Misser, CEO of AccountAbility, 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.

AccountAbility is a global research standards and advisory services organization that focuses exclusively on sustainability.

Misser noted that one of the dominant trends he is seeing within sustainability today is the issue of reporting and disclosure.

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Broadstone CEO Sees Best Buying Opportunities in Single-Family Homes in Years

Amy Tait, president and CEO of Broadstone Real Estate, LLC, joined REIT.com for a CEO Spotlight video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.

Broadstone Real Estate sponsors Broadstone Net Lease, Inc., a private REIT that invests in single-tenant, net-leased properties throughout the United States, and Broadtree Homes, Inc.,  a private REIT that invests in single-family homes for rental in multiple markets.

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Survey Forecasts Favorable Real Estate Conditions for Next 3 Years

The commercial real estate market is set to enjoy mostly favorable conditions through 2017, according to the latest three-year consensus forecast from the Urban Land Institute (ULI) Center for Capital Markets and Real Estate.

While the latest semi-annual outlook is slightly less bullish compared with six months ago, the majority of indicators in the forecast signal favorable economic conditions and capital markets in the United States.

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Blackstone’s Single-Family Rental Venture Could Go Public in Next Two Years

Jonathan Gray, global head of real estate at private-equity firm The Blackstone Group, said he expects the company’s single-family rental platform will be in a position to go public within the next one to two years.

Speaking April 23 at the Real Estate Luminaries Series at Georgetown University’s Steers Center for Global Real Estate, Gray said Blackstone is in the process of “building something that will look like an apartment REIT.”

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