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, when 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 public-company boards, including REITs and REOCs, 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. Present annual awards to a Nareit individual and member company. See below.
  8. Consider creating a DTD mentorship program within Nareit.

Diversity & Inclusion Recognition Awards

Nareit’s Diversity & Inclusion Recognition Awards honor both a Nareit member company and an individual member who have demonstrated a strong commitment and made outstanding contributions to the advancement of diversity and inclusion within their companies as well as in the REIT and publicly traded real estate industry. 

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: 

  • Jenny Bean, SVP-HR, Duke Realty Corporation
  • Edmund Brady, III, SVP & Chief HR Officer, Ventas, Inc.
  • Deborah Coombs, SVP-Property Operations, AvalonBay Communities, Inc.
  • 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 Developments blog

    Nareit Hosts Dividends through Diversity & Inclusion Reception

    Nareit’s Bonnie Gottlieb stresses need to “get informed and get involved.”
  • Nareit Video

    REITs Adapting to Governance Changes

    Board diversity is the key moving forward, attorney says.
  • REIT Magazine

    How Data Center REIT CyrusOne is Meeting Customer Demand

    Diane Morefield, CFO of CyrusOne Inc., discusses how the data center REIT has raised more than $5.5 billion in capital and has begun to transition from a U.S.-focused company into a global player.