Changing economy drives changes in REIT staffing

08/31/2009 |

Many REITs have responded to the tight credit markets and the economic downturn by emphasizing functional roles such as leasing, property management and asset management in their staffing, said Bill Ferguson, co-chairman and co-CEO of FPL Advisory Group. "They look for executives who can run the existing real estate business better, more efficiently," he said.

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