Takeaways from Nareit’s REITWeek 2020
NREI spoke with Calvin Schnure, Nareit senior vice president, on his takeaways from this year’s virtual REITweek.
June 4, 2020 | Sebastian Obando | National Real Estate Investor
In a year marked by countless canceled commercial real estate industry events, this week Nareit conducted its annual REITweek Investor Conference—normally a multi-day event held in New York City—as an all virtual event.
It provided an opportunity for REIT executives at firms representing every property type to discuss recent performance and give guidance as to what to expect in the months ahead. Rent collections, the development pipeline and sector outlooks were among the topics discussed in this week’s presentations.
Rent collections have varied greatly by REIT and property sector. For example, Boston Properties, which invests in office buildings, collected 97 percent of office rents in May.
