VEREIT CEO Says Cole Capital Sale Will Help Complete REIT’s Transformation

Glenn Rufrano, CEO of VEREIT, Inc. (NYSE: VER), joined Nareit for a video interview at REITworld 2017.

VEREIT manages a portfolio of retail, restaurant, office and industrial real estate assets subject to long-term net leases.

Rufrano reflected on some of the changes that VEREIT has undertaken since he took over as CEO in 2015. Those changes include the sale of $3.1 billion in assets during the last two years. The company has also cut its debt.