Contents
28
Features
20 2009 Snapshot
Five leading investors look at the year ahead
24 A Question of Balance
REIT-sizing the best weight between direct and indirect real estate
exposure
30
28 Surf’s Up in San Diego
The 2008 NAREIT Annual Convention provided informative
discussion and analysis of major issues facing the commercial real
estate industry
30 Checking the Pulse
Health Care REIT is raising up its visibility in the medical arena
8
16
40
Columns and Departments
4 Taking Stock
Moving forward
6 Editor’s Desk
Knowledge is power
8 In the K[now]
The latest news and insights in the REIT and real estate
investment industry
14 Four Quick Questions
With Keefe, Bruyette & Woods’ Smedes Rose
16 One-on-One
With First Potomac’s Doug Donatelli
36 Sector Spotlight
Long road ahead: Multifamily REITs may experience
road bumps in 2009
40 Solid Foundations
LaSalle’s Lansdowne Resort: A getaway for history and
luxury lovers
44 Fund Focus
Davis Real Estate Fund: A family affair
46 Names to Note
People making news and moves in the REIT and
publicly traded real estate industry
48 In Closing
My letter to REIT CEOs
Cover photographed by John Emerson and Robert Benson/Aurora Photos.
Left to right: Scott Crowe, Ted Bigman, Steve Buller, Mary Hogan Preusse
and Ritson Ferguson.