Company
VEREIT, Inc.
Headquarters: Phoenix, AZ, United States
Founded: 2010
Employees: 160
Market Cap
$10.26 Billion
USD as of Oct. 1, 2021
Top Competitors by Market Capitalization
Industry: REIT—Diversified
| Company | Market Cap (USD) |
|---|---|
VICI Properties Inc.
|
$30.31 B |
Goodman Group
|
$22.34 B |
|
W. P. Carey Inc.
|
$16.23 B |
|
STORE Capital Corporation
|
$9.07 B |
Tower Property Fund Ltd
|
$7.43 B |
Sector: Real Estate
| Company | Market Cap (USD) |
|---|---|
|
Prologis
|
$108.29 B |
|
American Tower
|
$99.95 B |
|
Equinix, Inc. (REIT)
|
$61.31 B |
|
Crown Castle International Corp. (REIT)
|
$59.89 B |
|
Public Storage
|
$49.09 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.
Stocks & Indices
VEREIT, Inc. has the following listings and related stock indices.
Stock: NYSE: VER
Stock: NYSE: VER.PR.F
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)