At NAREIT's most recent Annual Convention for All Things REIT, Ed Fritsch, the 2016 NAREIT Chair said that REITs should continue to deliver on the promise that led to the creation of their own sector on the S&P 500 earlier this year.The event offers investors an opportunity to learn about the state of the REIT industry.
"Since the Modern REIT Era, REITs have enjoyed a wonderful trajectory of growth," Fritsch said.
Fritsch said that REITs have benefited from positive balance sheets, sound portfolios and management. "I don't know that REITs have ever had a better collective balance sheet than they have today," he said. "I don't know that REITs have had a better portfolio than they have today. Of particular importance, however, are the revolutionary ways in which today's leading REITs are conducting business; they are better run than ever before."
One REIT that's particularly well-positioned to make solid gains is Healthcare Trust of America (HTA) . Healthcare Trust has developed a solid portfolio with a lot of growth potential. HTA acquires, owns, and operates medical office buildings (MOBs). These types of buildings have been in demand as baby boomers age, and the need for medical services increases. Many of its properties are in areas with growing population, including the Southeast and West.