Nareit Developments

New data reveals evolving views on REITs as part of institutional portfolios, emphasizing their role as complements to private real estate holdings.

Nareit Hawaii held its 4th Annual Mahalo Reception on Sept. 26 to honor nonprofits providing affordable housing in Hawaii and announce the five awardees of Nareit Foundation grants in 2024.

Items addressed at the meeting included strategic opportunities for REESA and the impact and influence of the global geo-political landscape.

Nareit’s recent webinar, Financial Standards Update, focused on generative AI, its impact on the real estate industry, and key developments at the Financial Accounting Standards Board (FASB), the Public Company Accounting Oversight Board (PCAOB), and the Securities and Exchange Commission (SEC).

Nareit’s Ayris T. Scales spoke about the importance of advancing the careers of women in finance and commercial real estate.

Nareit’s John Jones, SVP of government relations, moderated a Congressional Black Caucus Foundation thought leadership panel on Sept. 13 as part of the organization’s annual legislative conference.

Nareit’s REITworks: 2024 Sustainability & Social Responsibility Conference, which took place along with the HR Forum, Sept. 10-12, 2024, convened more than 200 sustainability and social responsibility leaders outside of Washington, D.C. in McLean, Virginia.

Nareit’s HR Forum, which was held Sept. 10 in conjunction with Nareit’s REITworks: 2024 Sustainability & Social Responsibility Conference, convened more than 100 REIT social responsibility and human resources leaders in northern Virginia.

As a part of the kickoff of the REITworks 2024, Macerich invited attendees to join their property and sustainability teams for a tour of the Tysons Corner Center Campus.

Empify, a fintech company that helps underrepresented communities learn about finance and build wealth through investing, bestowed Nareit with its Innovation and Impact Award during Empify’s WealthBuilder Weekend Conference (WB Weekend).

Companies were evaluated on more than 20 data points.

Experts highlight that addressing compensation, improving workplace culture, and maintaining continuous commitment to progress are key to retaining diverse talent and promoting inclusivity amidst an evolving environment.