Michael Landy, president and CEO of Monmouth Real Estate Investment Corp. (NYSE: MNR), joined REIT.com for a CEO Spotlight video interview at NAREIT’s 2015 Washington Leadership Forum.
Fundamentally Speaking: Economy Still Gaining Strength
In the latest edition of Fundamentally Speaking, Calvin Schnure, NAREIT’s senior vice president for research and economic analysis, concludes that the United States economy continues to recover despite a mixed bag of recent data.
Schnure pointed out that the big slowdown in fourth quarter gross domestic product (GDP) after six months of increased momentum “is like the recovery we’ve had all along. It’s uneven, but it’s gathering strength.”
Quick Study: REITs Trail S&P 500 in February
In the latest edition of Quick Study, Brad Case, NAREIT’s senior vice president for research and industry information, discussed a down month for REITs in relation to long-term real estate market cycles.
The total returns of the FTSE NAREIT All REITs Index dipped approximately 2.6 percent in February, while the S&P 500 gained more than 5.8 percent for the month. For the year, the REIT market is up 2.9 percent, whereas the S&P 500 is up 2.6 percent.
Office REITs Still Attractive to Alpine Funds Portfolio Manager
In the latest episode of the NAREIT Podcast, Bob Gadsden, portfolio manager of the Alpine Realty Income & Growth Fund, offered his opinion on some of the key factors driving real estate market performance in the current environment.
Xenia Hotels CEO Says Lodging REIT Off to Strong Start
In the latest episode of the NAREIT Podcast, Marcel Verbaas, president and CEO of Xenia Hotels & Resorts, Inc. (NYSE: XHR), discussed the REIT's IPO this month.
Green Bonds Popular With Investors, According to REIT Executives
Mark Peternell and Mike Mas of retail REIT Regency Centers (NYSE: REG), joined REIT.com for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va.
Peternell, the company’s vice president of sustainability, said going green can serve as a “competitive differentiator” for REITs. Regency Centers started $240 million worth of development and redevelopment projects in 2014.
Delinquent CMBS Loans Continue to Decline
With mountains of real estate debt coming due in the next three years, borrowers appear to be taking advantage of favorable market conditions to prepay loans tied to commercial mortgage-backed securities (CMBS).
The CMBS delinquency rate, which includes loans that are 30 days or more past due, fell to 5.66 percent in January, compared with 7.25 percent a year earlier, according to commercial real estate consulting firm Trepp LLC. It marked the 18th monthly decline in the past 20 months.
Parkway’s Sustainability Chief Highlights REIT’s Improved Sustainability Results
Daniele Horton, founder and principal of Verdani Partners and head of sustainability at Parkway Properties, Inc. (NYSE: PKY), joined REIT.com for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va.
Retail REIT Kimco Realty Incorporating Green Provisions Into Leases
Will Teichman, director of sustainability with retail REIT Kimco Realty Corp. (NYSE: KIM), joined REIT.com for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va.
Kimco issues a corporate sustainability report based on Global Reporting Initiative (GRI) guidelines. Teichman explained the rationale behind using GRI.
Host Hotels Creating Value in Sustainability, Executive Says
Michael Chang, director of energy and sustainability at Host Hotels & Resorts, Inc. (NYSE: LRY), joined REIT.com for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va.
