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- Obama seeks higher taxes for wealthy and corporations
President Barack Obama will open negotiations with congressional Republicans aimed at averting the "fiscal cliff" with a proposal that the rich and corporations pay $1.6 trillion in additional taxes during the next decade, White House officials said. That is twice as much as House Speaker John Boehner agreed to during talks with the Obama administration last year. The Washington Post
(11/13), CNN
(11/14), The Hill
(11/13)     
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- Hap Stein, Bob Steers recognized at REITWorld 2012
Hap Stein, chairman and CEO of Regency Centers Corp., and Bob Steers, co-chairman and co-CEO of Cohen and Steers, were recognized at REITWorld 2012: NAREIT's Annual Convention, being held in San Diego. They received, respectively, the 2012 NAREIT Industry Leadership Award and the 2012 NAREIT Industry Achievement Award. REIT.com
(11/13)
- NAREIT panelists see more opportunities coming in health care space
New opportunities for growth will be available to the health care industry, according to panelists at REITWorld 2012: NAREIT's Annual Convention being held in San Diego. Debra Cafaro, chairman, president and CEO of Ventas, said she anticipates President Barack Obama's second term will be a net positive for health care providers and REITs. Medical office buildings are also changing, which is leading to more opportunities, said George Chapman, chairman, president and CEO of Health Care REIT. REIT.com
(11/13)
- Macnab: Net lease retail market is vibrant
The net lease retail market is vibrant, says Craig Macnab, chairman and CEO of National Retail Properties. That is good news for National Retail Properties, which invests in single-tenant retail properties. "In this most recent quarter, all of the $140 million of properties we acquired were directly from retailers, each one of which is what we call a 'relationship tenant,' somebody we've bought a property from in the last 90 to 120 days." REIT.com
(11/13)
- Rollins: Big shifts in student housing
There are new trends emerging in student housing, says Ted Rollins, co-chairman and CEO of Campus Crest Communities, including a continued focus and emphasis on residence life. "As we get [students] more involved in our communities, our business does better," he said. "It has really been a nice shift. Yes, the amenities have changed a little bit, but I think that really for us it's about integrating that student into our environment and creating that sense of community." REIT.com
(11/13)
- Toomey: UDR in transformative period
UDR is navigating its current transformative period very well, says Tom Toomey, president and CEO of the REIT.
"We've transformed a company with over $14 billion of transactions in the last 10 years," he said. "We've made some great inroads in the last two years, particularly making investments in Boston and New York, which I think are going to do very well." REIT.com
(11/13)
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