Dividends Through Diversity Initiative

Nareit has created the Dividends Through Diversity Initiative to promote the recruitment, inclusion and advancement of women in REITs and the broader commercial real estate industry.

Nareit has recently created the Dividends Through Diversity Initiative to promote the recruitment, inclusion and advancement of women in REITs and the broader commercial real estate industry. This Initiative seeks to achieve this mission through:

  • Expanding knowledge about diversity in REITs and the commercial real estate industry
  • Providing education and information to supplement career development of women
  • Building a community of women in the REIT and commercial real estate industry
  • Sponsoring attendance at Nareit’s events

Inaugural Networking Reception

Diane Morefield

Steering Committee Chair Diane Morefield (at podium) addresses attendees at the Dividends Through Diversity Initiative kick-off in New York on June 7, 2017.

Nareit kicked off this Initiative with a Dividends Through Diversity reception during Nareit’s REITweek on June 7, 2017. Members of the Steering Committee were on hand to explain the Initiative and its goals.

Short-Term Strategic Goals

  1. Hold at least two half-day programs and two networking receptions in 2018 in conjunction with REITwise, REITweek, the HR Forum and REITworld. These programs will feature nationally-known speakers on diversity-related issues and career development, as well as other Nareit members.  
  2. Support the development of junior associates at REITs and other Nareit member companies who exemplify outstanding leadership characteristics through sponsorships. Those who are chosen for these sponsorships will be invited to attend one Nareit event with travel and hotel expenses covered and the opportunity to receive career mentoring by senior Nareit member mentors.
  3. Curate and share studies and reports about women working in commercial real estate and on REIT boards of directors, as well as other relevant articles and studies about diversity in the U.S. and the global commercial real estate industry. 
  4. Commission and produce research relating to diversity in the REIT and commercial real estate industry.
  5. Connect senior Nareit women who are interested and available to serve on REIT boards with search firms.

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

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

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

  • Denise Dank, SVP-Chief HR Officer, Duke Realty Corporation
  • Leah Landro, VP-HR, Kimco Realty Corporation
  • Brad Neilley, SVP-Chief HR Officer, AvalonBay Communities, Inc.
  • Christine Riley, Director, Talent & Diversity, Forest City Realty Trust, Inc.
  • Carolyn Carter Singh, EVP-Chief Talent Officer, Brixmor Property Group Inc.
  • Tracy Ward, SVP, Investor Relations, Prologis, Inc.
  • Mandi Wedin, VP-Asset Management, Washington REIT

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

Latest Diversity News

  • Nareit Developments blog
    10/1/2018

    Nareit’s Dividends Through Diversity Forum Part of Broader Diversity Initiative

    Keynote speaker Tammy Heermann discussed how to create a leadership pipeline for women.
  • Nareit Developments blog
    10/1/2018

    Nareit’s HR Forum Focuses on Recruitment and Retention

    The event was paired with Nareit’s Dividends Through Diversity Forum.
  • REIT Magazine
    9/13/2018

    4 Quick Questions with FPL Associates' Jeremy Banoff

    Nareit partners with FPL Associates each year to produce the Nareit Compensation Survey.

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