NEW YORK CITY—With the benefit of hindsight, a group of industryexecutives recently discussed some of the highlights—and lowlights—of 2014 and they looked ahead to next year during aNAIOP meeting.
“This has been a challenging year in the acquisitionenvironment,” said Todd Bassen, seniordirector-acquisitions, Invesco. I've pushed backthis year with pricing where it is so we haven't been as activethis year but that's probably going to change.”
Agreed Rob Schiffer, managing director,SL Green, “Our year was tough too, pricingpractically was impossible. Everything we bought was off market,very transitional, opportunistic buys. Structured finance has beentough for us too. We've manufactured yield by investing in land andother assets that are non traditional for us.”
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
