Host's Walter to Chair NAREIT 2013 Team
Tuesday November 6th, 2012 - 9:36AM YW
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WASHINGTON—The National Association of Real Estate Investment Trusts (NAREIT) elected its 2013 officers and W. Edward Walter, president/CEO of Host Hotels & Resorts, Inc., will serve as chairman.
NAREIT also elected members of its executive board, board of governors, and audit and investment committee.
“I am pleased and honored to serve as NAREIT’s Chair for 2013, and I look forward to building on the achievements of my predecessor, Don Wood, and all of the prior NAREIT Chairs who have done so much to help move the REIT industry forward,” said Walter.
Other NAREIT officers for 2013 are First Vice Chair Ronald L. Havner, chairman/president/CEO of Public Storage, Inc.; Second Vice Chair Michael D. Fascitelli, president/CEO of Vornado Realty Trust; and Treasurer David J. Neithercut, president/CEO of Equity Residential. All of NAREIT’s officers also are members of its Executive Board.
Also serving on NAREIT’s 2013 executive board are: Jon E. Bortz, chairman/CEO, Pebblebrook Hotel Trust; Richard J. Campo, chairman/CEO, Camden Property Trust; Andrew F. Jacobs, president/CEO, Capstead Mortgage Corp.; Edward J. Fritsch, president/CEO, Highwoods Properties, Inc.; David B. Henry, president/CEO, Kimco Realty Corp.; Rick R. Holley, president/CEO, Plum Creek Timber Co., Inc.; Dennis D. Oklak, chairman/CEO, Duke Realty Corp.; Steven B. Tanger, president/CEO, Tanger Factory Outlet Centers, Inc.; Robert S. Taubman, chairman/president/CEO, Taubman Centers, Inc.; and Thomas W. Toomey, president/CEO, UDR, Inc. Serving as a member of the 2013 executive board as past NAREIT Chair is Donald C. Wood, president/CEO, Federal Realty Investment Trust.
The members of NAREIT’s 2013 board of governors are: Thomas J. Baltimore Jr.,president/CEO, RLJ Lodging Trust; Michael D. Barnello, president/CEO, LaSalle Hotel Properties; William C. Bayless Jr., president/CEO, American Campus Communities, Inc.; Kenneth F. Bernstein, president/CEO, Acadia Realty Trust; George L. Chapman, chairman/president/CEO, Health Care REIT, Inc.; Bruce W. Duncan, president/CEO, First Industrial Realty Trust; James F. Flaherty III, chairman/CEO, HCP, Inc.; Dennis H. Friedrich, CEO, Brookfield Office Properties; Daniel S. Fulton, president/CEO, Weyerhaeuser; Lawrence L. Gellerstedt III, president/CEO, Cousins Properties Inc.; Michael P. Glimcher, chairman/CEO, Glimcher Realty Trust; Jonathan D. Gray, senior managing director, Blackstone Real Estate Advisors; William P. Hankowsky, chairman/president/CEO, Liberty Property Trust; Philip L. Hawkins, CEO, DCT Industrial Trust, Inc.; Thomas P. Heneghan, CEO, Equity Lifestyle Properties, Inc.; Daniel B. Hurwitz, president/CEO, DDR Corp.; David J. LaRue, president/CEO, Forest City Enterprises, Inc.; Stephen D. Lebovitz, president/CEO, CBL & Associates Properties, Inc.; Thomas H. Lowder, chairman/CEO, Colonial Properties Trust; Peter S. Lowy, Joint-CEO, The Westfield Group; Craig Macnab, chairman/CEO, National Retail Properties, Inc.; Joel S. Marcus, CEO, Alexandria Real Estate Equities, Inc.; Sandeep Mathrani, CEO, General Growth Properties; George F. McKenzie, president/CEO, Washington REIT; Donald A. Miller, CEO, Piedmont Office Realty Trust, Inc.; Timothy J. Naughton, president/CEO, AvalonBay Communities, Inc.; Jeffrey S. Olson, president/CEO, Equity One, Inc.; Adam D. Portnoy, president//managing trustee, CommonWealth REIT; Joseph D. Russell Jr., president/CEO, PS Business Parks, Inc.; Richard B. Saltzman, CEO, Colony Financial, Inc.; Michael J. Schall, president/CEO, Essex Property Trust, Inc.; David P. Stockert, president/CEO, Post Properties, Inc.; Amy L. Tait, chairman/CEO, Broadstone Net Lease, Inc.; Mark E. Zalatoris, president/CEO, Inland Real Estate Corp.; and Mortimer B. Zuckerman, chairman/CEO, Boston Properties, Inc.
Elected to serve on NAREIT’s 2013 audit and investment committee are: Timothy J. Naughton (Chair), president/CEO, AvalonBay Communities, Inc.; Daniel B. Hurwitz, president/CEO, DDR Corp.; and David J. Neithercut, president/CEO, Equity Residential, serving in an ex-officio capacity as NAREIT’s 2013 Treasurer.
NAREIT is the worldwide representative voice for REITs and listed real estate companies with an interest in U.S. real estate and capital markets. Members are REITs and other businesses that own, operate and manage income‐producing real estate, as well as those firms and individuals who advise, study and service those businesses.
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When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.