Financial Services >> Analyst Interviews >> August 10, 2018

REITs Performing Better After a Year of Significant Underperformance

Stevenson, Robert
Robert Stevenson joined Janney Montgomery Scott LLC in 2015 as a Managing Director and Head of Real Estate Research. Prior to joining Janney, he was a Managing Director and the Head of the U.S. REIT Research team at Macquarie Capital following that company’s acquisition of Fox-Pitt Kelton in 2009, where he had started the firm’s REIT and homebuilding practice. Earlier in his career, Mr. Stevenson covered REITs and homebuilders for 12 years at Morgan Stanley, where he was an Executive Director and Senior Research Analyst. Mr. Stevenson earned a Bachelor of Science degree from the University of Maryland and a Master of Business Administration degree from the Johnson School of Business at Cornell University. Profile
Word count: 2,540

TWST: Big picture, what's your overall view of the REIT sector today, and why is that?

Mr. Stevenson: After a year of significant