REITs in the Community

Rep. Jeff Denham (R-CA) visited Macerich's Vintage Faire Mall in Modesto, CA, and toured the property with Todd Falduti, senior manager, property management and Michael E. Johnson, vice president, property management, Northwest Property Group.  Rep. Denham was briefed on the mall's recent activities and the economic impact it has on California's Central Valley.

Rep. Mark Walker (R-NC), a member of the House Homeland Security Committee, visited CBL & Associates' Friendly Center in Greensboro, NC. During the visit, the Congressman was briefed by General Manager Brad Rogers on the properties' recent developments and economic impact on the local community.

Rep. Suzan DelBene (D-WA), a member of the House Judiciary Committee, visited AvalonBay Communities' Avalon Esterra Park property in Redmond, WA. During the visit, the Congresswoman was briefed on the status of AVB's investment in the Seattle region.

Rep. Tom Price (R-GA) visited with executives from Piedmont Office Realty Trust in Atlanta and was updated on the company's current development projects in Georgia and throughout the country. Rep. Price is Chairman of the House Budget Committee and a senior member of the House Ways & Means Committee.

Rep. Cedric Richmond (D-LA) visited the corporate headquarters of Lamar Advertising in Baton Rouge, LA where he met with CEO Sean Reilly. Mr. Reilly gave the Congressman a tour of Lamar's headquarters and described for him the economic impact the company provides to Baton Rouge and the state of Louisiana.

Rep. Bruce Westerman (R-AR), a member of the House Budget Committee, visited CNL Lifestyle Properties' Magic Springs amusement park in Hot Springs, AR. During the visit, the Congressman was briefed on the park's contribution to the local economy.

Rep. David Schweikert (R-AZ) visited the Vista De Sol dormitory facility located at Arizona State University (ASU) in Tempe, AZ which is owned and managed by American Campus Communities (ACC). Schweikert, a member of the House Financial Services Committee, was briefed on ACC's properties at ASU and other Arizona universities.

Sen. Chris Murphy (D-CT) visited the corporate headquarters of Iron Mountain in Boston. The Senator was briefed on Iron Mountain's operations in Connecticut, its global real estate portfolio, and its status as a REIT.

Rep. Andy Barr (R-KY) visited the Jim Beam Suntory facility located in Frankfort, KY which is owned by Monmouth Real Estate Investment Corporation and received an update on the company's recent activities in the area. Barr, a member of the House Financial Services Committee, was briefed on the facilities' latest developments and toured the property with local company representatives, including MREIC CEO Mike Landy. 

NREO partners with The Hill on policy forums at the Republican and Democratic conventions in July.

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