Phoenix real estate giant Vereit Inc. returning to normal

Photo: Vereit

By Russ Wiles | The Republic

Phoenix-based Vereit Inc. recently turned a corner on its road to recovery, posting a rare if modest quarterly profit. But that achievement, symbolic as it might be, wasn’t something Glenn Rufrano highlighted in a recent meeting.

Rather, the relatively new chief executive officer of Arizona’s most valuable public real estate corporation cited a list of accomplishments that he considers more significant. These include improving the company’s portfolio of commercial properties, reducing debt, reinstating a dividend and repairing a tarnished image.

“We’re back to being a normal company,” said Rufrano in a recent interview. Outside investors, he said, “can look for us to grow again.”

Continued:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

January 2017
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031