Getty Realty Corp. (NYSE: GTY) | Christopher Constant, Brian Dickman, Mark Olear
Getty Realty Corp. (NYSE: GTY) is the leading publicly traded real estate investment trust (βREITβ) in the United States specializingΒ ...
Executive Vice President, Chief Financial Officer & Treasurer, Getty Realty
Search every verified Brian Dickman interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. Brian Dickman, Executive Vice President, Chief Financial Officer and Treasurer at Getty Realty, participated in a September 2021 presentation where he discussed the company's financial position. He stated that Getty Realty has an investment grade credit rating from Fitch, received in 2018, and described the company's liquidity, access to capital, and leverage and coverage ratios as strong. Dickman said the company's long-term fixed rate unsecured debt aligns well with its asset base and income streams, and that the balance sheet is positioned to support growth strategies. During the same presentation, Dickman addressed the potential impact of electric vehicles on the company's tenants. He said that convenience stores are increasingly offering made-to-order or more sophisticated food operations, which he stated would drive additional profitability and offset any potential long-term decline in fuel income due to electric vehicles. Dickman also noted that when Getty Realty acquires new assets, many have a branded quick service restaurant inside or adjacent to the store, or tenants may create private label fast food businesses, which he described as helpful for the company's business and its tenants.
“We currently have an investment grade credit rating from Fitch, which we received in 2018, and generally speaking it's something we take a lot of pride in having achieved and maintaining that rating. Our liquidity and access to capital are strong, and our key leverage and coverage ratios are strong. The long term fixed...”
“As a net lease landlord, we have limited control over our properties, but through lease requirements for tenants, insurance policies, and our own environmental programs, we believe we are appropriately protecting our assets and the environment. We continue to evolve our policies related to social responsibility and are...”
“Getty Realty is a net lease REIT specializing in convenience, automotive, and other single tenant retail real estate. We focus on growing and enhancing this portfolio of essential use assets. We want to be a growth company that owns stable, defensive assets in our target retail sectors characterized by durable rental i...”
“Our portfolio spans roughly 35 states with 65 percent of our rent coming from the top 50 MSAs in the US. We have grown our presence across several high growth markets in the southern half of the US, which was a key initiative when I became involved a little more than five years ago. The growth has focused largely on fi...”
Getty Realty Corp. (NYSE: GTY) is the leading publicly traded real estate investment trust (βREITβ) in the United States specializingΒ ...
CEO Christopher Constant sees growing popularity of stand-alone, quick-serve restaurants. To learn more about Getty Realty,Β ...
Sign in to search the full transcript archive, filter by topic, and access every quote from Brian Dickman.