| Investor Members |
| Richard J. Adler, Managing Director, Ell Capital Management, Inc. |
| Christopher Battista, Senior Vice President - Product Strategy, LaSalle Investment Management |
| Z. Jamie Behar, Sunstone Board Member, Sunstone Hotel Investors, Inc. |
| Brandon Benjamin, Portfolio Manager & Director, Global Real Estate Securities, Brookfield Asset Management |
| Theodore R. Bigman, Founder and CIO, Bigman Holdings |
| Keith D. Bokota, Portfolio Manager, Principal Global Investors |
| Steven R. Brown, Global Head & Sr. Portfolio Manager, Real Estate, American Century Investment Management |
| Ben Bronner, Portfolio Manager and Senior Credit Analyst, PIMCO |
| Steven Buller, Portfolio Manager, Fidelity Investments |
| Jon Cheigh, Chief Investment Officer, Cohen & Steers |
| Laurel B. Durkay, Head, Global Listed Real Assets, Morgan Stanley |
| Geoffrey P. Dybas, Executive Managing Director, Duff & Phelps Investment Management Co. |
| James Feldman, Head of REIT Research, Wells Fargo |
| Charles P. Fitzgerald, Founder & Managing Partner, V3 Capital Management, L.P. |
| Rick Gable, Portfolio Manager, MFS Investment Management |
| Danny Greenberger, Portfolio Manager - Global Property Equities, Janus Henderson Investors |
| Charles Harbin, Co-Head & Portfolio Manager, Heitman |
| Mary D. Hogan-Preusse, Founder & Principal, Sturgis Partners LLC |
| Grant Jackson, Portfolio Manager, Invesco |
| Brian C. Jones, Managing Director, Neuberger Berman, LLC |
| Nicholas Joseph, Head of US Real Estate and Lodging Research Team, Citi |
| Matthew W. Kaplan, Managing Partner, Almanac Realty Investors LLC |
| Lisa L. Kaufman, Managing Director & Global CEO, LaSalle Investment Management Securities |
| Kristin L. Kuney, Portfolio Manager, Goldman Sachs & Co. |
| Cedrik Lachance, EVP, Director of Global REIT Research, Green Street |
| Jay P. Leupp, Managing Partner & Co-Founder, Terra Firma Asset Management LLC |
| Anthony R. Manno, Jr., President & CEO, Security Capital Research & Management Incorporated |
| Sheila K. McGrath |
| Mr. Raj Rehan, Head of Real Estate Securities, Americas, BlackRock |
| Richard Romano, Managing Director & Portfolio Manager, Prudential Real Estate Investors |
| Eric Rothman, Portfolio Manager, CenterSquare Investment Management |
| Andrew Rubin, Insitutional Portfolio Manager, Fidelity Investments |
| Steve Sakwa, Senior Managing Director, Evercore ISI |
| Jeffrey Spector, Managing Director, Bank of America |
| Gideon Spitzer, Investment Analyst, Capital World Investors |
| Mark Streeter, Managing Director, JPMorgan |
| Bradford D. Stoesser, Managing Director & Global Industry Analyst, Wellington Management Company |
| Gina Szymanski, CFA, Managing Director & Lead Portfolio Manager - North America REITs, AEW Capital Management |
| Sarah J. Wade, MD, Co-Portfolio Manager, Nuveen Asset Management |
| Ken Weinberg, Chief Investment Officer-Listed Real Estate, CBRE Clarion |
| Liam Wertheimer,Portfolio Manager and Trading, 22V Asset Management |
| Jason Yablon, SVP & Sr. Portfolio Manager, Cohen & Steers Capital Management |
| David W. Zonavetch, Managing Director, DWS |