03/05/2018 | by

REITPAC is a political action committee established by Nareit to provide financial support to federal candidates supportive of the REIT and publicly traded real estate industry. AvalonBay (NYSE: AVB) received the 2017 REITPAC Teamwork Award and Equity Residential (NYSE: EQR) received the 2017 REITPAC Leadership Award. The REITPAC Teamwork Award recognizes the company that provided funds from the largest number of individuals during the year. The REITPAC Leadership Award is presented annually to the company whose employees contributed the most funds to REITPAC.

David Neithercut, president and CEO of Equity Residential, and Steve Wechsler, CEO and president of Nareit. 

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