REIT managers using downturn to improve efficiencies

11/21/2008 |

REIT executives are pushing management teams to hone skills that will help the firms conserve cash and achieve efficiencies, according to panel speakers at NAREIT's Annual Convention. "I think this is the greatest time to learn and to distinguish yourself," said Debra Cafaro, Ventas' chairman, president and CEO. "These are the times when we prove who can manage well and who has the real stuff to create and preserve shareholder value while dealing with these seismic changes."

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