| Nareit Chairperson |
| A. William Stein, CEO, Digital Realty |
| Investor Members |
| Richard Adler, Senior Advisor, Ell Capital Management, Inc. |
| Z. Jamie Behar, Sunstone Board Member, Sunstone Hotel Investors, Inc. |
| Theodore Bigman, Managing Director, Morgan Stanley |
| Michael J. Bilerman, Managing Director & Head-Real Estate & Lodging Team, Citi |
| Keith Bokota, Portfolio Manager, Principal Global Investors |
| Steven Brown, Senior Portfolio Manager - Real Estate, American Century Investment Management |
| Steven Buller, Portfolio Manager, Fidelity Investments |
| Nora Creedon, Managing Director, Goldman Sachs & Co. |
| Scott Crowe, Chief Investment Strategist, CenterSquare Investment Management |
| Paul Curbo, Portfolio Manager, INVESCO Realty Advisors |
| Jerry Ehlinger, Managing Director, Heitman |
| Charles P. Fitzgerald, Founder & Sr. Managing Director, V3 Capital Management, L.P. |
| Mary D. Hogan-Preusse, Founder and Principal, Sturgis Partners LLC |
| Mark Howard-Johnson, Managing Director, BlackRock |
| Michael C. Hudgins, Proprietary Research, Hines |
| Arthur J. Hurley, Senior Equity Portfolio Manager, Columbia Management |
| Kathy M. Jassem, Portfolio Manager, NJ Division of Investments |
| Matthew W. Kaplan, Managing Partner, Almanac Realty Investors LLC |
| Lisa Kaufman, Managing Director, LaSalle Investment Management |
| Mike Kirby, Chairman & Director-Research, Green Street Advisors, Inc. |
| Bernhard Krieg, Managing Director - Real Estate Securities, Brookfield Asset Management |
| Jay Leupp, Managing Director, Lazard Asset Management LLC |
| Anthony R. Manno, Jr., President & CEO, Security Capital Research & Management Incorporated |
| Sheila McGrath, Managing Director, Evercore Partners |
| Paul Morgan, Senior Analyst, Canaccord Genuity |
| Lawrence D. Raiman, CEO, LDR Captial Management |
| Richard Romano, Managing Director & Portfolio Manager, Prudential Real Estate Investors |
| Joseph P. Smith, Co-CIO, CBRE Clarion Securities |
| Ross L. Smotrich, Managing Director, Barclays Capital |
| Bradford D. Stoesser, Global Industry Analyst, Wellington Management Company |
| Sarah Wade, MD, Co-Portfolio Manager, Nuveen Asset Management |
| Liam Wertheimer, Head of Listed Real Estate, APG | Asset Management US Inc. |
| Richmond Wolf Ph.D., Partner, Capital World Investors |
| Jason Yablon, VP, Associate Portfolio Manager, Cohen & Steers Capital Management |
| David Zonavetch, Director | Co-Head of the Americas, Real Estate Securities - Alternatives and Real, RREEF Management L.L.C./Deutsche Asset & Wealth Management |
| Research Members |
| Cydney C. Donnell, Director-Real Estate Programs, Department of Finance, Texas A&M University-Mays Business School |
| Michael Grupe, TBD, University of Wisconsin-Madison |
| David C. Ling, Professor-Dept. of Finance, Insurance & Real Estate, University of Florida |
| Glenn R. Mueller, Professor of Real Estate, University of Denver |
| Timothy Pire, Visiting Lecturer, University of Wisconsin-Madison |
| Timothy J. Riddiough, Professor & E.J. Plesko Chair, University of Wisconsin-Madison |
| David G. Shulman, Distinguished Visiting Professor, Baruch College |
| Eva Steiner, Assistant Professor of Real Estate, Cornell University |
