Wisconsin Students Get Hands-On Approach to REIT Investing

February 08, 2018 · reit.com

Second-year Real Estate MBA students at the University of Wisconsin-Madison are gaining unique hands-on experience in active portfolio management as they manage a $2 million fund invested solely in REITs. The REIT fund is part of the University of Wisconsin Endowment first established in the late 1990s by three prominent alumni.

The students are enrolled in a special track of the university’s real estate MBA program known as the Applied Real Estate Investment Track (AREIT). It is described by the school as the first program of its kind in the country.

HPET Preserving Affordable Housing as Competition Intensifies

January 18, 2018 · reit.com

A typical tenant at the Courtyard at Encanto in central Phoenix is a single mother working as a home health care aide. She makes about 51 percent of area median income in a neighborhood that is undergoing rapid gentrification.

Housing Partnership Equity Trust (HPET) purchased the 160-unit Courtyard at Encanto in conjunction with Chicanos por la Causa (CPLC), one of Arizona’s largest community development corporations (CDCs), in 2017. For Anne McCulloch, president and CEO of HPET, serving the needs of such tenants embodies the mission of the social-purpose REIT.

Prologis Increasing Permitted Land Sites for Build-to-Suit Development

January 16, 2018 · reit.com

Industrial REIT Prologis, Inc.’s (NYSE: PLD) supply of permitted land sites in global locations means it can continue to meet the increasing demand for build-to-suit development activity in 2018, according to Michael Curless, the company’s chief investment officer.