Financial Services >> Analyst Interviews >> April 9, 2001

Outlook For Reits: Patrick Hickey Jr. – Robinson Humphrey Company Llc

PATRICK T. HICKEY, JR. joined The Robinson-Humphrey Company in December 1999, as an Equity REIT Analyst. He joined Robinson-Humphrey after 15 years at Wachovia Bank, where he was responsible for creating and managing the real estate investment trust lending group. As manager of the group, Mr. Hickey was responsible for the management of a team of lenders charged with the loan origination, underwriting, and administration of all real estate investment trust lending at Wachovia. These responsibilities included the assessment of market conditions, and evaluating, recommending, and implementing adjustments to the REIT lending strategy based on these assessments. Mr. Hickey was responsible for relationships with several large REITs, including Cousins Properties, Inc., Duke-Weeks Realty Corporation, Gables Residential Trust, Post Properties, Inc., and Winston Hotels, Inc. Mr. Hickey, an Atlanta native, received his Master of Business Administration from the University of Georgia in 1984. He is a member of the National Association of Real Estate Investment Trusts, the International Council of Shopping Centers, NAIOP, and The Urban Land Institute Profile
TWST: What have been the key elements in the REIT industry that have set

the stage for 2001? What are your expectations for this group in 2001?

Mr. Hickey: During 2000, REIT shares offered