Dividends Through Diversity and Inclusion Initiative

Nareit has created the Dividends Through Diversity and Inclusion (DDI) Initiative to promote the recruitment, inclusion and advancement of women and members of other diverse groups in REITs and the broader commercial real estate industry.

This Initiative seeks to achieve our mission for REITs and the broader commercial real estate industry through:

  • Expanding knowledge about successful practices for developing, implementing and enhancing diversity and inclusion (D & I) policies and programs;
  • Providing education and information to supplement career development of women and members of other diverse groups;
  • Building a community of men and women in Nareit who support this initiative; and 
  • Facilitating Nareit events, or sessions within larger events, where D & I issues are discussed.

 

Strategic Goals

  1. Host an annual forum to provide valuable information to Nareit members about D & I issues. These forums will feature nationally-known speakers on D & I issues and career development, industry leaders from diverse groups, as well as Nareit members.
  2. Hold networking receptions and/or programs in conjunction with REITwise, REITweek, REITworld, and the ESG Forum. 
  3. Curate and share studies and reports about women and members of other diverse groups working in commercial real estate and serving on REIT boards of directors, as well as other relevant articles and studies about D & I in the U.S. and the global commercial real estate industry. 
  4. Commission and produce research relating to D & I  in the REIT and commercial real estate industry.
  5. Connect senior Nareit women and members of other diverse groups who are interested and available to serve on REIT and REOC boards with search firms doing REIT and REOC board searches.
  6. Facilitate meetings with leading commercial real estate associations to explore opportunities to share information and to collaborate on D & I  matters. 
  7. Consider giving one or more awards to an individual and/or a Nareit member company for outstanding work promoting the recruitment, inclusion and advancement of women and/or members of other diverse groups in REITs and the broader commercial real estate industry.
  8. Consider creating a DTD mentorship program within Nareit.

The Dividends Through Diversity and Inclusion Initiative’s Steering Committee is made up of the following Nareit members:

  • Diane Morefield, CFO, CyrusOne Inc. and Co-Chair of the Steering Committee
  • Mary Hogan-Preusse, Founder and Principal, Sturgis Partners LLC and Co-Chair of the Steering Commitee 
  • Sherry Rexroad, Managing Director-Global REITs, BlackRock and Co-Chair of the Steering Commitee 
  • Angela Aman, CFO, Brixmor Property Group Inc
  • Gemma Burgess, Managaing Director, Ferguson Partners Ltd.
  • Kelly Cheng, Director, Barclays
  • William Ferguson, Chairman & Chief Executive Officer, Ferguson Partners Ltd.
  • Leslie Hale, CFO and COO, RLJ Lodging Trust
  • Lisa Kaufman, Managing Director, LaSalle Investment Management
  • Sheila McGrath, Sr. Managing Director, Evercore ISI
  • Marguerite M. Nader, President & CEO, Equity Lifestyle Properties, Inc.
  • Martin (Hap) Stein, Jr., Chairman & CEO, Regency Centers Corporation
  • Tracy Ward, SVP, Investor Relations, Prologis, Inc.

The Dividends Through Diversity and Inclusion Initiative’s Action Team is made up of the following Nareit members: 

  • Edmund Brady, III, SVP & Chief HR Officer, Ventas, Inc.
  • Deborah Coombs, SVP-Property Operations, AvalonBay Communities, Inc.
  • Denise Dank, SVP-Chief HR Officer, Duke Realty Corporation
  • Leah Landro, VP-HR, Kimco Realty Corporation
  • Carolyn Carter Singh, EVP-Chief Talent Officer, Brixmor Property Group Inc.
  • Christy Stone, SVP-Human Captal, Welltower
  • Tracy Ward, SVP, Investor Relations, Prologis, Inc.
  • Mandi Wedin, VP-Asset Management, Washington REIT

Nareit’s Senior Vice President, Industry Affairs & Strategic Initiatives, Bonnie Gottlieb, is Nareit’s liaison to this Initiative.

Latest Diversity News

  • Nareit Video
    4/19/2019

    Real Estate Professor Says the Right CEO Hire is Board’s Number One Priority

    Texas A&M’s Cydney Donnell also sees progress in board diversity of thought.  
  • Nareit Video
    4/15/2019

    Diversity Makes Groups Perform Better, University of Michigan Professor Says

    Scott Page says diversity creates a “bonus” when solving problems and making forecasts.  
  • Nareit Developments blog
    3/4/2019

    American Tower Named to Forbes Best Employers for Diversity List

    The annual report recognizes inclusive workplace practices.

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