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Sila Realty Trust CEO Sees Opportunity to Scale Growth with High Quality Assets

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Manage episode 484184356 series 1157544
Content provided by Nareit. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nareit or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Michael Seton, president and CEO of Sila Realty Trust, Inc . (NYSE: SILA), joined the latest episode of Nareit’s REIT Report podcast to reflect upon the one-year anniversary of the company’s listing on the New York Stock Exchange.

Seton said he is “extremely optimistic” about Sila’s future, noting that the REIT is scaled to grow its portfolio, which currently exceeds $2 billion in assets. He said “very high quality” opportunities exist throughout the marketplace.

“If a seller is trying to bring a product to market today to raise capital or sell a property, it's got to be high quality because capital, generally speaking in the market, is constrained,” he said. While focused nationally, Sila has a particular emphasis on Sun Belt states.

During the interview, Seton discussed Sila’s decision to do a direct listing on the NYSE and why it was confident in that choice, as well as what its Wall Street sponsorship looks like today. He also highlighted the tailwinds supporting the health care sector and described what makes health care so compelling to investors right now.

  continue reading

463 episodes

Artwork
iconShare
 
Manage episode 484184356 series 1157544
Content provided by Nareit. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nareit or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Michael Seton, president and CEO of Sila Realty Trust, Inc . (NYSE: SILA), joined the latest episode of Nareit’s REIT Report podcast to reflect upon the one-year anniversary of the company’s listing on the New York Stock Exchange.

Seton said he is “extremely optimistic” about Sila’s future, noting that the REIT is scaled to grow its portfolio, which currently exceeds $2 billion in assets. He said “very high quality” opportunities exist throughout the marketplace.

“If a seller is trying to bring a product to market today to raise capital or sell a property, it's got to be high quality because capital, generally speaking in the market, is constrained,” he said. While focused nationally, Sila has a particular emphasis on Sun Belt states.

During the interview, Seton discussed Sila’s decision to do a direct listing on the NYSE and why it was confident in that choice, as well as what its Wall Street sponsorship looks like today. He also highlighted the tailwinds supporting the health care sector and described what makes health care so compelling to investors right now.

  continue reading

463 episodes

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