Non-Traded REIT CEOs Share Tricks of Trade

NEW YORK CITY-Leaders of non-traded REITs are facing their share of challenges in this difficult environment, but they are also optimistic about the opportunities that may arise. During a featured session on day one of the Information Management Network’s seventh annual New York Non-Traded REIT Industry Symposium, held Thursday and Friday at the Marriott New York Downtown, senior executives from non-traded REIT sponsors shared how they are adapting and responding to current market conditions.

Moderated by Rosemarie A. Thurston, a partner with Alston & Bird LLP, the “CEO Panel: How to Survive and Thrive as a Non-Traded REIT Amid New Competition and the Distressed Real Estate Environment,” featured Nicholas Schorsch, chairman and CEO of American Realty Capital; Scott D. Peters, chairman, president and CEO of Healthcare Trust of America; Dwight L. Merriman, CEO of Industrial Income Trust, a REIT sponsored by a Dividend Capital affiliate; Brenda Gujral, president and CEO of Inland Real Estate Investment Corp.; and Mark Goldberg, president of Carey Financial LLC, the broker-dealer subsidiary of W.P. Carey & Co.