Financial Services >> Analyst Interviews >> May 23, 2013

Stable Outlook for REIT Fundamentals in 2013

Marks, Steven R.
Steven R. Marks is a Managing Director in Fitch Ratings’ corporates group. His primary areas of expertise are real estate investment trusts and real estate operating companies. Mr. Marks was previously a Managing Director at Bear Stearns' real estate investment banking group, where he worked for more than eight years, primarily executing public equity, debt and preferred stock offerings, and mergers and acquisitions in the REIT sector. He began his career at KPMG LLP, where he worked in the audit division focusing on real estate and financial institution clients. Mr. Marks earned a B.S. in accounting, magna cum laude, from The University of Maryland and an MBA from the University of Virginia Darden School of Business. Profile
TWST: I thought we'd start with the topic of liquidity, since you recently issued a report noting that the first quarter was the best quarter yet for REITs in this regard. Just how good do the