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COO Neil Shah said that included reducing capex spending by $15 million and closing hotels.

REEC chair Tammy Jones also calls for increased transparency of minorities on corporate boards.

CEO Christopher Benjamin said the REIT is now looking at how to preserve environmental advances made due to the pandemic.

CEO Mike Schall said COVID-19 presented the REIT with challenges, but an ingrained culture of CSR helped Essex rise above them.

CEO John Albright said the REIT has had the advantage of low leverage and cash on its balance sheet throughout the pandemic.

Nareit’s monthly rent collection member survey also shows continued strong performances for industrial, apartment, office, and health care REITs.

CEO Nelson Mills said a healthy post-pandemic reentry for its tenants is key among its ESG priorities.

CEO Brent Smith said the REIT’s team developed its “Returning to the Workplace” guide over the last few months.

CEO Bruce Schanzer said the REIT collected 73% of April rent and 71% of May rent.

Capital One’s Greg Steele says focus in recent months has been on managing cash and liquidity.

Rich Anderson of SMBC Nikko Securities America says this will help REITs recapture lost ground.

 

Jeff Horowitz of BofA Securities says very few REITs have maturity issues, a business differentiator during the pandemic.

 

On July 21, more than 300 investors, analysts, and REIT professionals attended Nareit’s webinar. Watch the recording.

Roosevelt University’s Collete English Dixon says social justice conversations can lead to real change.

 

On Aug. 27, nearly 200 analysts, investors, and REIT professionals attended the second webinar in Nareit’s ESG Exchange series.

CFO Brian Mitts anticipates growing the portfolio as opportunities emerge from the coronavirus crisis.