MCR Development Branching Out into Unique Hotel Real Estate

July 29, 2016 · reit.com

As MCR Development LLC broadens its focus in the lodging market, it’s adding landmarks like a former TWA flight terminal at JFK International Airport to its portfolio to go along with the seminary in Manhattan’s Chelsea neighborhood that the company converted to The High Line Hotel in 2013.

S&P Dow Jones Indices Outlines Revised GICS Structure

July 08, 2016 · reit.com

S&P Dow Jones Indices has published the revised structure of the Global Industry Classification Standard (GICS) that will take effect after the close of trade on Aug. 31, when stock exchange-listed Equity REITs and other listed real estate companies are elevated to a new Real Estate Sector.

Retail REITs Luring Customers with Rewards Programs

July 08, 2016 · reit.com

Consumers have long demonstrated their fondness for customer loyalty programs across a wide variety of businesses, from major airlines to hotels to coffee shops around the corner. In a bid to push foot traffic across their portfolios, retail REITs are now turning to loyalty programs that gives customers instant access to promotions and cash-back rewards around their malls and shopping centers.

REITs and their tenants get real-time insight into the spending patterns of their customers in the process.