Potential For REIT IPOs Limited, Menna Says (Video Content)

Gil Menna, partner with the law firm of Goodwin Procter, joined REIT.com for a video interview in Chicago at REITWeek 2013: NAREIT's Investor Forum.
Menna was asked about the potential for more REIT initial public offerings (IPOs). He said he views the opportunities as being limited.

"Broadly speaking, I think limited in the context of prior years," he said. "My sense is that perhaps maybe Brixmor will be coming out to the markets. Archstone obviously was sold and didn't go out to the public markets. So, with the exception of the American Homes 4 Rent single-family market, I would say there's not going to be likely a lot of activity."

Menna also offered his opinion on the outlook for private portfolios going public.