Company
VEREIT, Inc.
Headquarters: Phoenix, AZ, United States
Founded: 2010
Employees: 160
Market Cap
$10.26 Billion
USD as of Oct. 1, 2021
VEREIT, Inc. Categories
United States Real Estate REIT—DiversifiedUnited States Real Estate United States REIT—Diversified
Top Competitors by Market Capitalization
Industry: REIT—Diversified
| Company | Market Cap (USD) |
|---|---|
| Goodman Group | $44.69 B |
| VICI Properties Inc. | $28.95 B |
| W. P. Carey Inc. | $12.01 B |
| STORE Capital Corporation | $9.07 B |
| Tower Property Fund Ltd | $7.94 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Prologis, Inc. | $104.90 B |
| American Tower | $91.36 B |
| Equinix, Inc. (REIT) | $71.61 B |
| Welltower Inc. | $63.10 B |
| Simon Property Group, Inc. | $55.57 B |
Detailed Description
VEREIT is a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant commercial properties in the U.S. The Company has total real estate investments of $14.6 billion including approximately 3,800 properties and 88.9 million square feet. VEREIT's business model provides equity capital to creditworthy corporations in return for long-term leases on their properties. VEREIT is a publicly traded Maryland corporation listed on the New York Stock Exchange. VEREIT uses, and intends to continue to use, its Investor Relations website, which can be found at www.VEREIT.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.
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Stocks & Indices
VEREIT, Inc. has the following listings and related stock indices.
Stock: NYSE: VER wb_incandescent
Stock: NYSE: VER.PR.F wb_incandescent
Key People
Founder(s): Nicholas Schorsch
Glenn J. Rufrano, CEO Michael J. Bartolotta, CFO
Financials
Revenue: US$1.161 billion (2020)
Net income: US$-201 million (2020)
Total assets: US$13.324 billion (2020)
Total equity: US$6.804 billion (2020)