Scott Schaevitz, chairman of the Americas real estate investment banking division at Barclays, discusses REIT industry mergers and acquisitions this year, noting that he's not surprised by the activity. "[W]e knew that there were a lot of non-traded REITs that had gone through their investment cycle. There were a lot of portfolios owned by private equity that were in the same situation. So, we felt good about the supply that would be coming out," Schaevitz says.

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