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Month: June 2018

CubeSmart’s Southern California and Florida Markets Benefitting from Solid Fundamentals

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Chris Marr, president and CEO of CubeSmart (NYSE: CUBE), participated in a video interview at Nareit’s REITweek: 2018 Investor Conference in New York.

Southern California and Florida are among CubeSmart’s top-performing markets. Marr explained that in California, new supply is being kept in check by strict regulations. Given the region’s strong population growth, “it’s a good market dynamic,” he said.

Federal Realty Remains Squarely Focused on Retail

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Donald Wood, president and CEO of Federal Realty Investment Trust (NYSE: FRT), participated in a video interview at Nareit’s REITweek: 2018 Investor Conference in New York.

Wood observed that about 17 percent of Federal Realty’s income stream is generated by its office and residential assets. That ratio could increase to about 21 percent, “but we’re still growing our retail platform too,” he noted.

CBL Properties Continuing to Reposition Tenant List

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Stephen Lebovitz, president and CEO of CBL Properties (NYSE: CBL), participated in a video interview at Nareit’s REITweek: 2018 Investor Conference in New York.

Lebovitz said the REIT has been working to increase the share of non-apparel tenants in its portfolio. During the first quarter, 70 percent of leasing occurred with non-apparel tenants in favor of food and beverage, entertainment, fitness, and other service providers.

REIT Portfolio Managers Watching Capital Formation, M&A Activity and Risk-Taking

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Laurel Durkay, portfolio manager at Cohen & Steers, and J. Scott Craig, portfolio manager at Eaton Vance, were guests on a special edition of Nareit’s REIT Report Podcast recorded in New York during Nareit’s REITweek: 2018 Investor Conference.

Durkay and Craig discussed several key topics, including the messages from REIT management teams that they are paying most attention to.