NAREIT Announces Investor CARE Award Winners

6/8/2011 | By Carisa Chappell

NAREIT Announces Investor CARE Award Winners
Steve Weschler, president and CEO of NAREIT, announced the winners of NAREIT's 2011 Investor CARE Awards on June 8.

This is the 11th year for the annual awards, which honor excellence in communications and reporting to shareholders . Companies were awarded for their annual reports, as well as their overall websites.

The three categories included "Annual Report - Management Discussion and Analysis," "Annual Report - Presentation and Design" and "Website."

The Gold Award in the Management Discussion and Analysis category went to Vornado Realty Trust (NYSE: VNO). The Silver Award was awarded to Health Care REIT (NYSE: HCN), and two companies tied for the Bronze Award, Realty Income (NYSE: O) and Ventas Inc. (NYSE: VTR).

Joseph Macnow, executive vice president of Vornado Realty, accepted the award and said that the company was honored to receive the recognition. "It's been our philosophy to give more information, not less," he said.

In the Presentation and Design category Host Hotels & Resorts Inc. (NYSE: HST) received the Gold Award, followed by the Silver Award winner Federal Realty Investment Trust (NYSE: FRT) and Corporate Office Properties Trust (NYSE: OFC), which received the Bronze Award.

The Gold Award in the Website category went to Regency Centers (NYSE: REG). The Silver Award went to American Campus Communities (NYSE: ACC), while BioMed Realty Trust Inc. (NYSE: BMR) received the Bronze Award.

Brian McNamara, senior vice president with Host, accepted the Gold Award for his company. Whitney Kanter, regional vice president of marketing and market research, accepted the Gold Award for Regency.

"The Regency website has been a dynamic successful sales tool and we are honored to be recognized," said Kanter.

The NAREIT CARE Awards are judged by an independent panel of REIT securities analysts and portfolio managers. This year's judges included: Paul Adornato, managing director and senior REIT analyst, BMO Capital Markets; David AuBuchon, director, Robert W. Baird & Co., Inc.; Bruce Garrison, director, Salient Capital Advisors; Mary Hogan-Preusse, managing director, APG Asset Management U.S., Inc.; Everlyn Ifurna, managing director, ICR, Inc.; Nathan Isbee, vice president, Stifel, Nicolaus & Co., Inc.; Eden Levinson, assistant vice president, Duff & Phelps Investment Management; Keven Lindemann, director, SNL Finanical; RBC REIT Research Team; State Street/Tuckerman REIT Team; and Matt Werner, senior analyst, Salient Capital Advisors.

The awards were presented as part of REITWeek 2011: NAREIT's Investor Forum, held at the Waldorf=Astoria in New York.